The Daily Herald – Caribbean Export and UWI team up for trade and investment
From left to right: Caribbean Export and UWI signatories of the partnership memorandum of understanding.
BRIDGETOWN, Barbados – The Caribbean Export Development Agency and the Shridath Ramphal Center for International Trade Law (SRC) have agreed on a framework to partner with a trade and investment research agenda. The two organizations signed a memorandum of understanding on Friday October 1 to formalize a long-standing relationship and the implementation of an internship program, according to a press release from Caribbean Export.
“This is an important partnership for Caribbean Export as it supports the objective of positioning the agency as a knowledge center in partnership with the University of the West Indies. [The UWI – Ed.] and SRC as a center of excellence while continuing to provide high impact support to [micro, small and medium enterprises] MSMEs in the region, ”said Deodat Maharaj, executive director of Caribbean Export.
The agreement outlines several initiatives that will contribute to improving the competitiveness and sustainable development of the Caribbean region, including research, joint programs and internships, providing students of the MITP Masters in International Trade Policy program the opportunity to acquire essential knowledge on professional training and experience, the press release said.
He adds: “This partnership aims to ensure that companies are able to access cutting-edge business information to improve decision making. [and] export competitiveness and facilitate business expansion. In addition, research data will also be essential to identify areas of innovation for regional investment programs.
Professor Clive Landis, newly appointed Director of UWI, stressed that this collaboration between UWI and the Caribbean was a “living example of a development-academic partnership that adheres to the strategic objectives of the university aimed at facilitating the research for regional development and foster student development. . “
In addition, Caribbean Export and UWI underscored the importance of exporting education services as a key strategic opportunity for the Caribbean to exploit in order to support the region’s economic transformation. It is expected that as their 10-plus-year relationship continues to flourish, a new collaboration to propel access to new markets for The UWI educational products will be on the cards, the statement concludes.