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A publication of the Office of Trade Negotiations (OTN), formerly the CRNM




                                                                         radeGEMS
                                                                                            www.crnm.org


                              A product of the Private Sector Outreach of the Office of Trade Negotiations (OTN), formerly the CRNM




                 TradeGEMS Interview – Mr Roston Taylor,
                     General Manager NAA (St. Lucia)


   CARICOM-Costa Rica Free Trade
           Agreement


The most recently concluded Free
Trade Agreement, signed on
March 2004 and based on the
CARICOM-Dominican          Republic                          LP1: What do you trade and tell us a bit                Hurricane Tomas in 2010, and 2011 is
Free Trade Agreement, has now                                about your company.                                     gearing up to be a record year for export
been ratified by three Member                                                                                        sales.
States – Barbados, Guyana, and                               RT2: I am the General Manager of North
Trinidad and Tobago. Other                                   American Assemblies Ltd. (NAA), a 19                    LP: Which markets do you focus on at the
Member States are still in the                               year old independent manufacturer of                    moment, and plan to focus on in the
process of completing internal                               filters and traps for the cable television              future?
measures to give effect to the                               industry. These products are used by the                RT: Primarily now the United States
Agreement.         Unlike          the                       cable television industry to filter signals to          market. The company plans to focus on
CARICOM/Dominican          Republic                          their customers. NAA operates in The                    South America and Europe. We also
Free Trade Agreement, the                                    Odsan Industrial Free Zone, so we do not                manufacture products which are sold to
CARICOM/Costa Rica Free Trade                                focus on CARICOM as a priority market                   Costa Rica, but trade with Costa Rica has
Agreement provides for provisional                           based on the conditions for our freezone                been disappointing. The government has
application      between          any                        incentive. The Company operates as an                   been slow in implementing the CARICOM-
CARICOM Member State and                                     independent contractor affiliated with the              Costa Rica trade agreement. These trade
Costa Rica once Costa Rica has                               US Company Arcom labs. We currently                     agreements are not beneficial to us where
ratified the Agreement and a                                 employ 220 workers in St. Lucia and                     governments do not implement the
Member State has completed                                   generate between US$5-10mn in export                    agreement. Brazil is another significant
internal procedures to give it effect.                       sales annually. Sales have been                         opportunity and we are unaware of what
                                                             maintained notwithstanding the impact of                has been happening with discussions at



                            OTN JAMAICA OFFICE                                                                    OTN BARBADOS OFFICE
                            2ND Floor, PCJ Building                                                              1st Floor, Speedbird House
                                Trafalgar Road                                                                      Independence Square
                            Kingston 10, JAMAICA                                                             Bridgetown BB11121, BARBADOS
                   Tel: (876) 908-4242 Fax: (876) 754-2998                                                Tel: (246) 430-1670 Fax: (246) 228-9528
                       Email: jamaica.office@crnm.org                                                        Email: barbados.office@crnm.org
CARICOM-COSTA RICA AGREEMENT
                                                                                                         http://www.crnm.org/index.php?view=article&c
                                                                                                         atid=44%3Abilaterals&id=53%3Acaricom-costa-
                                                                                                         rica&option=com_content&Itemid=79




the CARICOM level for a trade agreement                         LP: How do you approach making money
with MERCOSUR. We have recently                                 in your export markets?
applied for Free Zone and Fiscal
incentives for a new investment Worldwide                       RT: We exploit the fast turnaround time
Electronic Products Inc and plan to focus                       based on numerous factors including our
on exports to South America including                           proximity to the main airport here in St
Brazil. The new investment will expand                          Lucia and being nearshore to the USA.
employment by another 75 persons.                               We are also cost efficient and receive tax
                                                                benefits by being located in the Odsan
LP: What are the main factors influencing                       Industrial Free Zone. We also gain
                                                                                                                        Mr Roston Taylor
your market expansion plans?                                    international business by offering to
                                                                reduce costs to our vendors through
RT: St. Lucia has a significant value                           providing “just-in-time” delivery services
proposition in terms of the delivery                            for their cable supplies. This negates the
turnaround time compared to Asian                               need for these cable companies to stock
suppliers of electronic components to the                       inventories of supplies, and incur costs
US cable Industry. However, air freight is                      including warehousing etc.
prohibitive in terms of cost. Government
bureaucracy also contributes to high                            LP: Do you wish to share any
business costs. However, if we relocate                         recommendations for international trade
our investment to cheaper locations in                          policy?
Asia, we fear patent infringements and                                                                                  ___________________________________________
                                                                                                                        1
longer delivery times. Also, here, we are                       RT: The slow pace of implementing trade                     Lincoln Price, OTN’s Private Sector Liaison
                                                                                                                        2
                                                                                                                            Roston Taylor
on same time zone with our customers in                         agreements is not helping us as globally
the USA, and this improves our customer                         integrated businesses. We must find a
relations and communication. Currently,                         way to implement these trade agreements
our partners are happy with the operation                       in a more effective way.
in St. Lucia and plan to outsource more
business to St. Lucia.                                                         ********




                               OTN JAMAICA OFFICE                                                                    OTN BARBADOS OFFICE
                               2ND Floor, PCJ Building                                                              1st Floor, Speedbird House
                                   Trafalgar Road                                                                      Independence Square
                               Kingston 10, JAMAICA                                                             Bridgetown BB11121, BARBADOS
                      Tel: (876) 908-4242 Fax: (876) 754-2998                                                Tel: (246) 430-1670 Fax: (246) 228-9528
                          Email: jamaica.office@crnm.org                                                        Email: barbados.office@crnm.org

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TradeGEMS - No. 1

  • 1. A publication of the Office of Trade Negotiations (OTN), formerly the CRNM radeGEMS www.crnm.org A product of the Private Sector Outreach of the Office of Trade Negotiations (OTN), formerly the CRNM TradeGEMS Interview – Mr Roston Taylor, General Manager NAA (St. Lucia) CARICOM-Costa Rica Free Trade Agreement The most recently concluded Free Trade Agreement, signed on March 2004 and based on the CARICOM-Dominican Republic LP1: What do you trade and tell us a bit Hurricane Tomas in 2010, and 2011 is Free Trade Agreement, has now about your company. gearing up to be a record year for export been ratified by three Member sales. States – Barbados, Guyana, and RT2: I am the General Manager of North Trinidad and Tobago. Other American Assemblies Ltd. (NAA), a 19 LP: Which markets do you focus on at the Member States are still in the year old independent manufacturer of moment, and plan to focus on in the process of completing internal filters and traps for the cable television future? measures to give effect to the industry. These products are used by the RT: Primarily now the United States Agreement. Unlike the cable television industry to filter signals to market. The company plans to focus on CARICOM/Dominican Republic their customers. NAA operates in The South America and Europe. We also Free Trade Agreement, the Odsan Industrial Free Zone, so we do not manufacture products which are sold to CARICOM/Costa Rica Free Trade focus on CARICOM as a priority market Costa Rica, but trade with Costa Rica has Agreement provides for provisional based on the conditions for our freezone been disappointing. The government has application between any incentive. The Company operates as an been slow in implementing the CARICOM- CARICOM Member State and independent contractor affiliated with the Costa Rica trade agreement. These trade Costa Rica once Costa Rica has US Company Arcom labs. We currently agreements are not beneficial to us where ratified the Agreement and a employ 220 workers in St. Lucia and governments do not implement the Member State has completed generate between US$5-10mn in export agreement. Brazil is another significant internal procedures to give it effect. sales annually. Sales have been opportunity and we are unaware of what maintained notwithstanding the impact of has been happening with discussions at OTN JAMAICA OFFICE OTN BARBADOS OFFICE 2ND Floor, PCJ Building 1st Floor, Speedbird House Trafalgar Road Independence Square Kingston 10, JAMAICA Bridgetown BB11121, BARBADOS Tel: (876) 908-4242 Fax: (876) 754-2998 Tel: (246) 430-1670 Fax: (246) 228-9528 Email: jamaica.office@crnm.org Email: barbados.office@crnm.org
  • 2. CARICOM-COSTA RICA AGREEMENT http://www.crnm.org/index.php?view=article&c atid=44%3Abilaterals&id=53%3Acaricom-costa- rica&option=com_content&Itemid=79 the CARICOM level for a trade agreement LP: How do you approach making money with MERCOSUR. We have recently in your export markets? applied for Free Zone and Fiscal incentives for a new investment Worldwide RT: We exploit the fast turnaround time Electronic Products Inc and plan to focus based on numerous factors including our on exports to South America including proximity to the main airport here in St Brazil. The new investment will expand Lucia and being nearshore to the USA. employment by another 75 persons. We are also cost efficient and receive tax benefits by being located in the Odsan LP: What are the main factors influencing Industrial Free Zone. We also gain Mr Roston Taylor your market expansion plans? international business by offering to reduce costs to our vendors through RT: St. Lucia has a significant value providing “just-in-time” delivery services proposition in terms of the delivery for their cable supplies. This negates the turnaround time compared to Asian need for these cable companies to stock suppliers of electronic components to the inventories of supplies, and incur costs US cable Industry. However, air freight is including warehousing etc. prohibitive in terms of cost. Government bureaucracy also contributes to high LP: Do you wish to share any business costs. However, if we relocate recommendations for international trade our investment to cheaper locations in policy? Asia, we fear patent infringements and ___________________________________________ 1 longer delivery times. Also, here, we are RT: The slow pace of implementing trade Lincoln Price, OTN’s Private Sector Liaison 2 Roston Taylor on same time zone with our customers in agreements is not helping us as globally the USA, and this improves our customer integrated businesses. We must find a relations and communication. Currently, way to implement these trade agreements our partners are happy with the operation in a more effective way. in St. Lucia and plan to outsource more business to St. Lucia. ******** OTN JAMAICA OFFICE OTN BARBADOS OFFICE 2ND Floor, PCJ Building 1st Floor, Speedbird House Trafalgar Road Independence Square Kingston 10, JAMAICA Bridgetown BB11121, BARBADOS Tel: (876) 908-4242 Fax: (876) 754-2998 Tel: (246) 430-1670 Fax: (246) 228-9528 Email: jamaica.office@crnm.org Email: barbados.office@crnm.org