THE importance of the Caribbean Community (CARICOM) benefitting from the trade and economic ties between the Community and Austria was underscored Friday by Acting Secretary-General Amb. Lolita Applewhaite.
Accepting Letters of Credence from Austrian Ambassador to CARICOM, Schuller-Götzburg at the CARICOM Secretariat, Amb. Applewhaite noted the significant pace of the growing trade and economic ties, albeit in Austria’s favour.
“It is important that the Caribbean Community also benefit from these trade and economic ties,” she stated.
The Acting Secretary General added that Austria could contribute significantly to increasing the Region’s production capacity by investing in joint ventures with small and medium sized firms.
“Austrian technology, as well as management and training capabilities could ultimately be a catalyst for CARICOM’s increased productivity in order to be able to take advantage of the opportunities and access to your market and the wider European market, provided by the Economic Partnership Agreement (EPA),” she said.