OTN Special Update - An Update on the CARIOM-Canada Negotiations for a Trade and Development Agreement
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OTN Special Update - An Update on the CARIOM-Canada Negotiations for a Trade and Development Agreement

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OTN Special Update - An Update on the CARIOM-Canada Negotiations for a Trade and Development Agreement Document Transcript

  • 1. SPECIAL OTN Update  OFFICE OF TRADE NEGOTIATIONS   … for trade matters   April 30, 2011         UPDATE: CARICOM-Canada Negotiations for a Trade and     Deve lopmen t Ag reem en t     I. Overall Brief/Update on CARICOM‐Canada  been held. While the first two Rounds allowed both     Sides to articulate their broad perspectives and The WTO General Council on 30 November 2011 approved approaches regarding the negotiations, textual a new  waiver for CARIBCAN until December 31 2013. negotiations commenced during the Third Round in April Canada’s application for the waiver became necessary in 2011. To date, while Canada has tabled textual order  to preserve CARICOM’s preferential access whilst proposals in all subject areas, CARICOM has tabled text the two Sides complete their negotiations of a new WTO- proposals in Fourteen (14) subject areas.      compatible trade agreement.     During the margins of the WTO Ministerial Conference, CARICOM and Canada met in discussions where both   Sides took stock of the progress achieved to date in the negotiations and considered the steps that, in light of the   Parties’ ambitions and sensitivities, will become necessary in order to complete the negotiations within the currently   CARICOM-Canada Trade and Development available timeframe implicit in the new waiver. Agreement   It should be noted that since the launch of negotiations for a CARICOM-Canada Trade and Development Agreement   in November 2009, three Rounds of Negotiations have   OTN UPDATE is the flagship electronic trade newsletter of the Office of Trade Negotiations (OTN), formerly the Caribbean Regional Negotiating Machinery (CRNM). Published in English, it is a rich source of probing research on and detailed analyses of international trade policy issues and developments germane to the Caribbean. Prepared by the Information Unit of the OTN, the newsletter focuses on the OTN, trade negotiation issues within its mandate and related activities. Its intention is to provide impetus for feedback by and awareness amongst a variety of stakeholders, as regards trade policy developments of currency and importance to the Caribbean. http://www.crnm.org
  • 2.   2 II. Update on Specific Negotiating Areas  CARICOM is also in the process of developing textual   proposals in the area of Tourism, Energy, ICT (including   telecoms) and E-commerce. CARICOM has been A. The Treatment of Development continuing consultations on the substance of emerging   draft texts in these areas. In the meanwhile, CARICOM CARICOM and Canada have tabled proposals for Chapters has articulated its priorities and objectives in these areas   on Development Co-operation and Trade-Related Co- through the tabling of Concept Notes. operation, respectively. The inclusion of a strong   At this stage, informal discussions have been held with development dimension in the Agreement is regarded by CARICOM as an essential outcome of the negotiations. Canada in the area of Culture, which is another important   area in which CARICOM has offensive interests. These CARICOM’s proposal features a framework Chapter on Development but is further complemented by subject- discussions have been helping both Sides to gain a   better sense of each other’s objectives and sensitivities specific proposals on development co-operation in the draft chapters in each subject area. As the negotiations evolve, associated with the sector and have been helpful to   discussions on this issue of importance to the Region will be CARICOM in furthering its work in the development of a continued. textual proposal in this area.     B. The Treatment of Market Access of Goods CARICOM is undertaking consultations on the treatment of Financial Services and is currently developing a text CARICOM has tabled text in the following subject areas   proposal with the aim of tabling a formal proposal order under this heading: in upcoming negotiating sessions on Trade in Services.   • Rules of Origin The Region is currently working towards the •   Agriculture and Fisheries development of offers in both Services and Investment. • Sanitary and Phytosanitary Measures (SPS) The OTN has been continuing to support the Member •   Technical Barriers to Trade (TBT) States in the development of their offers and in the • Alcoholic Beverages (Rum) undertaking of their national consultations on outstanding •   Safeguards matters, including Tourism, Energy, ICT, E-commerce, financial services, and culture, and in that regard, has   CARICOM and Canada have been engaging on these areas been providing technical assistance to the Member and on the proposals that have been submitted by States when required.   CARICOM. Preliminary exchanges have also been held on the tariff liberalization modalities. In upcoming Rounds of D. Trade-Related Issues   negotiations, the Parties are expected to address technical issues related to tariff liberalisation modalities including the 1. Competition Policy   Both sides have had the opportunity to review each format for the exchange of tariff offers, base rates, reference date and tariff elimination categories. other’s texts. In future Rounds, discussion on this area   will be continued.   C. Services and Investment 2. Transparency in Government   With regard to Investment, framework text proposals have Procurement   been exchanged. In the area of Services, CARICOM has Negotiations in this area are at an advanced stage. tabled   Framework texts on Trade in Services and CARICOM expects that the next Round of negotiations Facilitation of Business Persons. will address substantively the remaining outstanding   issues.     OTN UPDATE is the flagship electronic trade newsletter of the Office of Trade Negotiations (OTN), formerly the Caribbean Regional Negotiating Machinery (CRNM). Published in English, it is a rich source of probing research on and detailed analyses of international trade policy issues and developments germane to the Caribbean. Prepared by the Information Unit of the OTN, the newsletter focuses on the OTN, trade negotiation issues within its mandate and related activities. Its intention is to provide impetus for feedback by and awareness amongst a variety of stakeholders, as regards trade policy developments of currency and importance to the Caribbean. http://www.crnm.org
  • 3.   3 3. Trade and Innovation to clarify issues and to allow for exchanges on their respective interests in relation to these issues. Canada CARICOM has proposed to address Trade and Innovation has accepted CARICOM’s proposal. Preparations are in the negotiations. CARICOM has been continuing the underway to support CARICOM’s participation in the   development of its initial textual proposal and in that Joint Working Groups. Activities in this regard include the regard, consultations have been ongoing. The OTN has undertaking of a regional consultative process and the   also been providing technical assistance to Member States preparation of the Concept Notes on Labour and on during their consultation process. It is anticipated that Environment which are to outline the key interests and   progress in the development of the textual proposal will priorities of the Region, guided by the recommendations culminate in the tabling of an initial CARICOM text at a of the CARICOM Working Groups. These Concept   subsequent Round. Notes will be approved by the relevant CARICOM   Working Groups. E. Labour and Environment       Canada’s approach has been to propose addressing Labour  and Environment issues through the negotiation of Side Agreements. Currently there is no CARICOM ******************  mandate to negotiate Side Agreements on Labour or   Environment in these negotiations.   Without prejudice to the existing mandate, CARICOM Heads  of Government have agreed that CARICOM should propose the establishment of Joint Working Groups on Labour  and Environment to allow Officials from both Sides             A consultation on the current negotiations for a CARIOM‐Canada Trade and Development Agreement  Photo Courtesy: trulycaribbean.net    OTN UPDATE is the flagship electronic trade newsletter of the Office of Trade Negotiations (OTN), formerly the Caribbean Regional Negotiating Machinery (CRNM). Published in English, it is a rich source of probing research on and detailed analyses of international trade policy issues and developments germane to the Caribbean. Prepared by the Information Unit of the OTN, the newsletter focuses on the OTN, trade negotiation issues within its mandate and related activities. Its intention is to provide impetus for feedback by and awareness amongst a variety of stakeholders, as regards trade policy developments of currency and importance to the Caribbean. http://www.crnm.org