Bridgetown, BARBADOS, March 11, 2016. What is the OUTLOOK for Caribbean trade and business? This is the
question that the Caribbean Export Development Agency (Caribbean Export) has attempted to answer through the
production of their signature publication the Caribbean Export OUTLOOK, which was released today at their
headquarters in Barbados.
Now in its 2nd edition the Caribbean Export OUTLOOK offers a range of articles on key growth industries for the
region such as cocoa, tourism and the creative sector. Highlighting the importance of the creative industries at the
media event, Executive Director for the Agency Pamela Coke-Hamilton shared that Caribbean Export had been
mandated to take the lead in establishing the Caribbean Creative Industries Management Unit (CCIMU) and that
“90% of royalties for Caribbean artistes remain uncollected because the region does not have the infrastructure
and monitoring mechanisms in place to enforce payment, resulting in the loss of export revenue”. The publication
has a section dedicated to the music industry and intellectual property rights with feature interviews with musical
icon Shaggy who has successfully paved the way for other Caribbean artistes, and shares his knowledge of the
music industry and intellectual property issues.
The publication is produced by the Agency with contributors from a team of industry experts and writers with the
aim of providing a comprehensive yet easily manageable source of research and analysis of industries and markets
that firms looking to grow via exports can reference. Importantly, it also provides an insight to several Caribbean
markets for potential investors to consider. The Caribbean Export OUTLOOK is just one of the mechanisms the
Agency is using to support the region’s private sector as part of the Regional Private Sector Development
Programme (RPSDP) funded by the European Union under the 10th European Development Fund (EDF).
With the circulation of the first edition to over 22,000 regional and international readers, this latest edition is
hoped to penetrate the international business sector even further, establishing itself as a ‘must read’ for the
business executives interested in trade with the Caribbean and as an effective promotional tool for regional