TRADE POLICY IN CARICOM: OVERVIEW OF THE MAIN TRADE POLICY MEASURES: ECLAC: LC/CAR/G 591 December 1999.

This paper reviews trade policy regimes in CARICOM countries during the 1980s and 1990s. CARICOM trade policy regimes have undergone substantial changes in the 1990s reflecting the desire of the group’s member countries to move away from inward-looking to more outward-oriented growth and development. The growing recognition of the importance of export promotion policies led to the adoption of a programme for the Harmonization of Fiscal Incentives to Industry in 1993. All the CARICOM ountries have introduced a series of export promotion measures, including fiscal incentive regimes and export financing schemes.