The British Chambers of Commerce in the
UK are pleased to introduce this Guide to
Caribbean MarBRITISH CHAMBERS OF COMMERCE
YOUR BEST ROUTE TO THE GLOBAL
MARKETPLACE
Chambers of Commerce have provided a
range of business services and independent
representational supportGuide to CARIBB
EAN MARKETS
GROWING WORLDWIDE
2008
The British Chambers of Commerce 4 Westwood House Westwood Business Park Coventry CV4 8HS Email: enquiry@britishchambers.org.uk Tel: 024 7669 4484 Fax: 024 7669 5844 Visit the Export Zone on the BC
FOREWORD
FOREWORD
John Dunsmure
The British Chambers of Commerce in the
UK are pleased to introduce this Guide to
Caribbean Mar
BRITISH CHAMBERS OF COMMERCE
YOUR BEST ROUTE TO THE GLOBAL
MARKETPLACE
Chambers of Commerce have provided a
range of business services and independent
representational support
BRITISH-CARIBBEAN CHAMBER FOCUS BRITISH-CARIBBEAN CHAMBER OF COMMERCE Trade links between Britain and the Caribbean are centuries old and whilst relationships have changed over the years th
REGIONAL OVERVIEW
POSITIVE OUTLOOK FOR A DIVERSE REGION
During 2007, the Caribbean sustained a allowed the development of a unique and
favourable economic situation
ANTIGUA AND BARBUDA
ANTIGUA AND BARBUDA
KEY FACTS Antigua and Barbuda is an upper middle
ANTIGUA AND BARBUDA Port of Saint John’s, Antigua Investment Climate The Government is aware of the need to attract investment and is actively making ef
ARUBA
ARUBA
KEY FACTS Aruba has a well established legislation in
force, wh
ARUBA A view of the main harbour on Aruba income tax has been lowered and revenue taxes for business reduced. Investment Climate The Government views investment as a way i
BAHAMAS, THE
BAHAMAS, THE
Official Name: Commonwealth of
The Bahamas
Capital: Nassau
Area: 13,940 sq km
Population: 305,655 (July 2008 est.)
Major language: English (offic
BAHAMAS, THE of economic sectors are open to investors with the exception of a few that the Government has reserved solely for citizens of the country. The areas that the Government has officiall
BARBADOS
BARBADOS
KEY FACTS
Official Name: Barbados
Capital: Bridgetown
Area: 431 sq km
Population: 280,946 (July 2007 est.)
Major language: English
GDP (purchasing power par
BARBADOS ? Transport equipment ? Manufactured articles ? Food and beverages ? Chemicals Primary Sectors Oil and Gas Barbados is a small producer of oil and gas, currently production avera
BRITISH VIRGIN ISLANDS
BRITISH VIRGIN ISLANDS
Official Name: British Virgin Islands
Capital: Road Town
Area: 153 sq km
Population: 23,552 (July 2007 est.)
Major language: E
BRITISH VIRGIN ISLANDS CONTACTS British Caribbean Chamber of Commerce 34 - 38 Beverley Rd, Hull HU3 1YE Tel: 01482 324976 Fax: 01482 213962 Email: info@britishcaribbean.com Web: www.britishcaribb
CAYMAN ISLANDS
CAYMAN ISLANDS
Official Name: Cayman Islands
Capital: George Town (Grand Cayman)
Area: 262 sq km
Population: 47,862 (July 2007 est.)
Major language: English
CAYMAN ISLANDS Primary Sectors Financial Services Financial services sector continued to strengthen in the last few years. Political stability, a sound legal system, a stable banking environment,
CUBA
CUBA ITNO2C0U0B7,AT, HIMEPUOKRTESXPSOTROTOEDDA£T1J6UMSTILOLVIOENRW£6OMRTILHLOIOFNGOODS
KEY FACTS The Cuban au
CUBA Havana DOMINICA
DOMINICA
KEY FACTS A small market for British exports,
Dominica
DOMINICA Ancillary Services: ? Fine dining restaurants ? Watersport activities ? Conference facilities ? Bioparks development Agriculture Dominica's rich, volcanic s
DOMINICAN REPUBLIC
DOMINICAN REPUBLIC
Official Name: Dominican Republic
Capital: Santo Domingo
Area: 48,730 sq km
Population: 9,365,818 (July 2007 est.)
Major language: S
DOMINICAN REPUBLIC Cruise ship docked at the river Ozama in Santo Domingo duty free environment. Investment opportunities are another major feature of the FTA
GRENADA
GRENADA
KEY FACTS The Government of Grenada has outlined
many in
GRENADA Airport building GDP, and generates more than 50 per cent CONTACTS of the country's foreign exchange earnings, stimulating activities in construction, manufacturing and the agr
JAMAICA
JAMAICA
KEY FACTS
Official Name: Jamaica
Capital: Kingston
Area: 10,991 sq km
Population: 2,780,132 (July 2007 est.)
Major language: English, patois English
GDP (pu
low at the retail level, there is significant demand in the hotel/restaurant sector. Total importation of fruits and vegetables continues to show significant increases as demand at the hotel/restaur
PUERTO RICO
PUERTO RICO
KEY FACTS Commonwealth status gives Puerto Rico
th
PUERTO RICO Isla Verde Beach, San Juan Benefits and Incentives The Tourism Incentive Program, created under the Puerto Rico Tourism Development Act of 1993, offers a str
ST. KITTS AND NEVIS
ST KITTS AND NEVIS
Official Name:
Federation of Saint Kitts and Nevis
Capital: Basseterre
Area: 261 sq km (Saint Kitts 168 sq km;
Nevis 93 sq km)
Popul
ST. KITTS AND NEVIS St. Kitts looking towards Basseterre, the capital In October 2007, the Saint Kitts and Nevis cabinet discussed and approved the framework for
ST LUCIA
ST LUCIA
KEY FACTS Infrastructure improvements combined
with a st
ST LUCIA St Lucia has one of the most diverse manufacturing sectors in the eastern Caribbean, however, it is under threat by competition from Trinidad, Jamaica and Barbados. Since 2001, when the
38TRINIDAD AND TOBAGO
TRINIDAD AND TOBAGO
KEY FACTS Long-term growth looks promising, as
TRINIDAD AND TOBAGO Skyscraper, Downtown, Port of Spain,Trinidad of margarines, coconut oil and soybean oil, which call for importation of processin
42 TRINIDAD AND TOBAGO: ENERGY FEATURE ENERGY SECTOR CONTINUES TO OFFER MAJOR OPPORTUNITIES FOR UK INVESTORS 2008 is a very appropriate year for international investors to be renewing their int
TRINIDAD AND TOBAGO: ENERGY FEATURE These blocks are: 4b, off Trinidad's east coast, 5d, south east of Trinidad and NCMA 3, 4 and 5, all off the north coast of Trinidad, two of which surround Tob
TRINIDAD AND TOBAGO: ENERGY FEATURE 1. Central Range, Trinidad, sugar cane fields that are now in disuse, but the area is developing industrially 2. Wrightson Roa
Providing offshore containers, accommodation modulars, work modulars & baskets around the world ? Dry goods containers ? Mini containers ? Half height containers ? C
TRINIDAD AND TOBAGO: FEATURE DINESH D. RAGOO IMPLEMENTATION COORDINATOR VISION 2020 PROGRAMME MANAGEMENT OFFICE MINISTRY OF PLANNING, HOUSING AND
TRINIDAD AND TOBAGO: FEATURE The experiences of other countries have in fact signalled to Trinidad and Tobago that this will prove to be the key to the successful transformation of our society an
Zmags improved online publishingBCC Guide to Caribbean Markets
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