Regional Chambers sign MOU for Network of Chambers of Commerce

EXECUTIVE DIRECTORS of 16 Chambers of Commerce across the Caribbean region gathered at the Accra Beach Resort and Spa in Barbados on April 1 and 2, 2019, for the Official Launch and First Meeting of the Network of Chambers of Commerce (CARICHAM).

During the two day meeting, history was created with the official signing of a Memorandum of Understanding (MOU) establishing the Network. Signatories were from Antigua and Barbuda, Barbados, Belize, Cuba, Dominica, Grenada, Guyana, Haiti, Jamaica, Martinique, St Kitts and Nevis, St Vincent and the Grenadines, Saint Lucia, Trinidad and Tobago and Suriname.

Sandra Husbands, Barbados’ Minister of Foreign Trade, delivered the opening address on the importance of trade policy in the region and the ways in which the Network of Chambers of Commerce could contribute to shaping trade policy agendas.

The formal Meeting of the Network of Chamber was made possible through the support of the United Nations International

Strategy for Disaster Risk Reduction (UNISDR), the European Union (EU), the Caribbean Disaster Emergency Management (CDEMA) and the Barbados Government. Presentations were delivered by various Chambers as well as regional and international stakeholders from the UNISDR, CDEMA, the Caribbean Community (CARICOM) Secretariat, Caribbean Export Development Agency (CEDA), the United Kingdom’s Department for International Development (DFID), the Inter-American Development Bank (IADB) and the International Chamber of Commerce (ICC).

The Executive Directors unanimously elected Lizra Fabien, Executive Director of the Dominica Association of Industry and Commerce as CARICHAM’s first Chairperson.

They also elected Trevor Fearon, Chief Executive Officer (CEO) of the Jamaica Chamber of Commerce as the Vice Chair of CARICHAM.

CARICHAM is a platform designed to represent the Chambers and their Members at the regional and international levels in order to foster constructive partnerships.

The four main pillars of engagement are: Advocacy and Membership Value Creation; Disaster Risk Reduction (DRR); Knowledge Sharing, and Best Practices; Transportation, Trade Facilitation and Promotion.

The 16 Chambers of Commerce represented under CARICHAM are from Antigua and Barbuda, Barbados, Belize, Cuba, Dominica, Grenada, Georgetown Guyana, Haiti, Jamaica, Martinique, St Kitts and Nevis, St Vincent and the Grenadines, St Lucia, Suriname, the Energy Chamber of Trinidad & Tobago and Trinidad & Tobago.