ºìÌÒÊÓƵ is a fantastic resource for discovering new information about the changing Caribbean business climate. Our provides more details about the Caribbean Community. Upon visiting this section, you will find a brief history of the trade bloc as well as and related agreements. Also, ºìÌÒÊÓƵ has compiled a for those interested in exploring the Caribbean business area in greater depth. Some examples are listed below.
ºìÌÒÊÓƵ Blog - By Tag: business-in-the-caribbean-series
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With diverse ecosystems, the ocean is a key source of marine life and resources. Because the Caribbean region is surrounded by ocean, exporting marine resources could potentially be a key driver in the region's economy. However, because of, many Caribbean countries have not made full use of their marine resources, which has limited their ability to expand economically.
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It has been 5 years since was struck with one of the worst earthquakes in recent times. The country has been trying to bounce back from the devastation and finally the government is saying . Foreign investment is a major focus right now for Haiti, as its aid from around the world is starting to dry up. Many international investors are expressing great interest in Haiti, specifically in the telecommunications, manufacturing, and beverage industries.
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With the proposed re-establishment of normal diplomatic relations and the potential easing of economic sanctions between the United States and Cuba, trade relations between the two nations have begun to thaw. Cuba offers a new market of avid consumers, and an economy that could potentially be a key contributor to the Caribbean region. Even though the embargo may potentially be lifted, there are for Cuba and U.S. to be successful as trade partners.
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Overall, the Caribbean region has lagged in its recovery from the global recession that began six years ago. In some Eastern Caribbean nations, unemployment is still as high as 20% and debt as a percentage of GDP exceeds 100%. There has also been a , as many nations are transferring their focus from to services. For sustainable economic growth to occur, countries in the Caribbean need to diversify their economies and expand their export markets.