The theme of the second edition of the Caribbean Economic Forum which will take place on Tuesday July 28, 2020, sponsored by the Central Bank of Barbados, is: “Relaunching tourism in the Caribbean”, informed the said institution, in a communicated. During the 90-minute discussion, veteran journalist Julian Rogers will meet with a group of regional tourism and health experts on how to restart the tourism sector in the Caribbean the next day. of the COVID-19 pandemic. At the same time, the Caribbean Community (CARICOM) published a book under the title: “Competition Policy and Law within the CSME”. This book addresses several topics of interest to States Parties to the Revised Treaty of Chaguaramas . The foreword to this book is by Edwin W. Carrington, a former secretary general of this Caribbean structure.
“Tourism is responsible, not only for a large part of our national GDP, but also for a significant percentage of employment in our islands, both for those who work directly in the sector and for those whose employment is indirectly supported by tourism activities. In Barbados alone, tourism provides 40 percent of our economic activity, ”said Cleviston Haynes, Governor of the Central Bank of Barbados. “This discussion will focus on how we reopen our borders and begin to welcome visitors, back to our islands, in a way that strengthens our economies, while ensuring the safety of our citizens.
This forum will be live on television and radio channels in the region and also on the Facebook page and the YouTube channel of the Central Bank of Barbados.
Note that on this panel around the revival of tourism activities in the region, there will be: Edmund Bartlett, Minister of Tourism of Jamaica; Patricia Affonso-Dass, president of the Caribbean Hotel and Tourism Association; Sue Springer, Director of Corporate and Government Relations at the Caribbean Council in the UK, Professor Clive Landis, Chair of the COVID-19 Task Force at the University of the West Indies, Michelle Paige, Chair of the Florida-Caribbean Cruise Association and Geoffrey Roach, President of the Barbados Hotel and Tourism Association .
On the other hand, several themes are addressed in the CARICOM competition policy book such as:
- Why do we need competition policy in CARICOM?
- CARICOM competition policy regime. What is a competitive market?
- Anti-competitive practice under the CARICOM competition regime.
- Agreements authorized by the revised treaty. Application of the revised treaty.
- Obligations of member states and many other interesting topics.
According to some experts for most of the Caribbean states, competition policy is an unknown area, except for the Jamaica which adopted its policy in 1993 and Barbados in 2003. Let us recall that CARICOM was created on July 4, 1973 in Guyana and, today, it brings together fifteen (15) Member States, five (5) associate members and eight (8) observers.