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  • Tribute to former Barbados Prime Minister the Rt. Hon Prof. Owen S. Arthur

    Tribute to former Barbados Prime Minister the Rt. Hon Prof. Owen S. Arthur

    Alicia Nicholls

    It is rare for me to use this blog to share intimate reflections, but permit me to make a worthy exception on this occasion. Like many other Barbadians, I awoke this morning to the sad news of the passing of our fifth and longest serving Prime Minister, the Rt. Hon Prof. Owen Seymour Arthur (1949-2020) at the age of seventy. I will always treasure the short time I knew Prof. Arthur in person, and the longer time I admired him as a Prime Minister.

    Prof. Arthur led Barbados under the Barbados Labour Party (BLP) for fourteen years from 1994-2008. My formative years were spent growing up in the ‘Arthur Era’. Those were days when Barbados was not only ranked as the number one developing country on the Human Development Index (HDI), but then Secretary General of the United Nations (UN), the late Kofi Annan, stated that our country “punches above its weight”.

    A visionary, Mr. Arthur was easily in the league of great statesmen and nation builders of small States like our first Prime Minister, National Hero and Father of Independence, the late Rt. Ex. Errol Walton Barrow and Singapore’s great Lee Kuan Yew. Mr. Arthur subscribed firmly to those famous words uttered by Mr. Barrow that Barbados would be “friends of all, satellites of none”. He had a deep love not just for Barbados, but was a staunch supporter of Caribbean integration, in particular the Caricom Single Market and Economy (CSME).

    Internationally, many would remember that Mr. Arthur served as Chairman of the Commonwealth Ministerial Group on Small States and Chairman of the Global Conference on Small States. He was also Co-chairman of the Global Forum to deal with the OECD Harmful Tax Competition Initiative.

    There were many facets to Mr. Arthur. He was not just a renowned development economist and politician, but a respected academic. Even after formally retiring from the political arena, Mr. Arthur remained highly sought after by governments and organizations around the world as a consultant for his sharp intellect and deep experience as an economist and statesman. He was made a Professor of Practice: Economics of Development by The University of the West Indies in 2018. His latest role was as Board Chairman of the now embattled regional airline, LIAT. He also headed the Commonwealth Observer Mission to Guyana’s General and Regional Elections this year.

    But my aim in this short piece is not to give a litany of his plethora of achievements, but to share my personal reflections on the passing of a man I knew personally only for a short time, but deeply admired and respected both as a Prime Minister and as a human being for a long time.

    Meeting Mr. Arthur in person in a professional capacity a few years ago, I was immediately struck not just by his quick wit, intellectual brilliance and sense of humour but his down to earth nature. He was a ‘people person’ but not a ‘people pleaser’. He was very opinionated but his views were always a product of extensive research. He was never selfish with his time or knowledge, particularly when it came to young people with whom he enjoyed interacting. He was a mentor to many!

    I quickly learnt that he and I shared a love of cooking and reading. One of my fondest memories is when he showed me and a work colleague of mine his vast library of books and his papers which he generously donated to The University of the West Indies. I was also impressed that he kept all his speeches in digital form. I do hope that these speeches, in which he shared his well-informed thinking and reflections on many of the economic and development issues confronting small States, will be published in a book. He had an indefatigable work ethic and a mind that seemed constantly burdened by development matters and his desire to see the Caribbean prosper.

    I was particularly humbled when Mr. Arthur told me he was a frequent reader of this blog, Caribbean Trade Law & Development. I will sorely miss our conversations and debates on trade, international affairs, and the global economy. I will miss being regaled with stories of his life and hearing him speak with glowing paternal pride of his two daughters and granddaughter.

    Mr. Arthur’s passing is not just a profound loss for Barbados and the Caribbean at this precarious time in our regional development and integration movement, but the world. In our conversations, Mr. Arthur often spoke enthusiastically of the memoirs he was writing about his life growing up and his time as Prime Minister. I sincerely hope that someone in his family will not only finish but publish these memoirs posthumously so at least some of the knowledge he so readily shared with young persons like myself would remain for posterity.

    Barbados, the Caribbean and the world have lost a visionary, a giant, a champion of issues facing Small Island Developing States and a true believer in Caribbean integration. I take this opportunity to extend heartfelt condolences to Prof. Arthur’s family. May he rest in peace and rise in glory!

    Alicia Nicholls, B.Sc., M.Sc., LL.B is an international trade and development specialist. Read more of her commentaries here or follow her on Twitter @licylaw. All views expressed herein are her personal views and do not necessarily reflect the views of any institution or entity with which she may from time to time be affiliated.

  • Caribbean Trade and Development News Digest – July 19-26, 2020

    Caribbean Trade and Development News Digest – July 19-26, 2020

    Welcome to the Caribbean Trade & Development News Digest for the week of July 19-26, 2020! We are happy to bring you the major trade and development headlines and analysis from across the Caribbean Region and the world from the past week.

    THE WEEK’S HIGHLIGHTS

    Outgoing Director-General of the World Trade Organization (WTO) Roberto Azevedo delivered his farewell speech to the General Council last week. Read the full speech here.

    According to the WTO DG’s latest mid-year report on trade-related developments released this week, import-restrictive measures introduced by WTO members continued to affect a growing share of global trade, but there has also been a shift towards import-facilitating measures, including products related to the COVID-19 crisis. Read more

    After a marathon summit, EU leaders reached a landmark €1.82 trillion COVID-19 recovery deal and budget. Read more here.

    REGIONAL NEWS

    Duke: ‘I will reopen Caricom jetty’

    Newsday: If he becomes Prime Minister after the August 10 general election, Progressive Democratic Patriots (PDP) political leader Watson Duke says he will re-establish the Caricom jetty in Tobago within his first month in office. Read more

    Caribbean countries selling discount citizenship due to COVID hit

    LoopTT: Among the countries to recently slash prices or make their CBI programmes more compelling are St. Kitts and Nevis, St. Lucia, Antigua and Barbuda, and Dominica. Read more

    Cuba opens exports & imports to private businesses

    Prensa Latina: The Cuban Government is facilitating exports and imports to non-state businesses in order to boost the country’s trade and economy, official sources said on Wednesday. Read more

    ECLAC calls for urgent regional cooperation beyond the pandemic to foster more integration and avert a food crisis

    Dominican Today: The Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, urged the region’s countries to implement urgent cooperation beyond the pandemic and foster greater productive, trade and social integration, during a virtual conference held today under the organization of the Community of Latin American and Caribbean States (CELAC) and the regional office of the Food and Agriculture Organization of the United Nations (FAO) for Latin America and the Caribbean. Read more

    Importers Must Apply For Permits Through JSWIFT

    JIS: Effective Monday, July 20, importers applying for permits from the Trade Board Limited (TBL), must do so through the Jamaica Single Window for Trade (JSWIFT) facility, in keeping with the thrust to improve trade efficiency. Read more

    Ms. Pamela Coke-Hamilton of Jamaica – Executive Director, International Trade Centre

    UN: United Nations Secretary-General António Guterres today announced the appointment of Pamela Coke-Hamilton of Jamaica as Executive Director of the International Trade Centre (ITC), the joint agency of the United Nations Conference on Trade and Development (UNCTAD) and the World Trade Organization (WTO), for trade and international business development. Read more

    INTERNATIONAL NEWS

    European Commission appoints its first Chief Trade Enforcement Officer

    EU: The European Commission has appointed Mr Denis Redonnet to the function of Deputy Director-General in the Directorate-General for Trade (DG TRADE) which encompasses the new role of Chief Trade Enforcement Officer (CTEO). Read more

    EU calls on US to lift tariffs ‘immediately’ in Airbus dispute

    Al Jazeera: The European Commission threatens to retaliate with sanctions if the US does not lift ‘unjustified’ tariffs. Read more

    EU and Airbus Member States take action to ensure full compliance in the WTO aircraft dispute

    EU: Today, the governments of France and Spain agreed with Airbus SE to modify the terms of the Repayable Launch Investment granted by them for development of the A350 aircraft to reflect market conditions. Read more

    EU-UK trade pact ‘unlikely’ this year, warns Barnier

    Euractiv: A trade agreement between the EU and the Uk is increasingly unlikely to be reached this year, EU chief negotiator Michel Barnier warned on Thursday (23 July) following the last round of formal negotiations before a three-week summer break. Read more

    UK and Norway to open trade pact talks amid warnings of new trade barriers

    Euractiv: The UK and Norway will begin trade talks within the coming weeks in a bid to minimise disruption and lost business after the UK leaves the EU single market at the end of 2020. Read more

    EU leaders agree on a massive, €750bn covid-19 recovery deal

    The Economist: The European Council, composed of the leaders of the EU’s 27 member states, agreed on a €750bn ($858bn) package to help countries’ economies recover from covid-19, part of a €1.8trn EU budget for the next seven years. Read more

    Can Mexico lure investment from Asia, as USMCA North American trade deal takes effect?

    SCMP: As global trade is shaken by the coronavirus pandemic and US-China trade war, Mexico has expressed its desire to lure investment from international companies based in Asia. Read more

    Japan, Britain to protect encryption keys in trade pact, Nikkei says

    Reuters: Japan and Britain have agreed not to force their companies to disclose algorithms or set up local data servers, as part of talks aimed at a bilateral trade deal, the Nikkei said on Saturday. Read more

    Vietnam bans wildlife trade to curb risk of pandemics

    Reuters: Vietnam’s Prime Minister Nguyen Xuan Phuc has issued a directive to ban the Southeast Asian country’s wildlife trade with immediate effect in order to reduce the risk of new pandemics, a government statement said. Read more

    China’s soybean imports from Brazil rise to record in June

    Reuters: China’s soybean imports in June from top supplier Brazil soared to a record high, according to customs data released on Sunday, driven by growing demand for soybeans as China’s pig herd recovers after deadly outbreaks of African swine fever. Read more

    India, U.S. closing in on trade deal: Piyush Goyal

    Reuters: India and the United States are closing in on a trade deal, Commerce Minister Piyush Goyal said on Tuesday, after two years of negotiations. Read more

    Airbus offers subsidy concession to end U.S. tariffs

    Reuters: Europe’s Airbus said on Friday it would increase loan repayments to France and Spain in a “final” bid to reverse U.S. tariffs and jog the United States into settling a 16-year-old dispute over billions of dollars of aircraft subsidies. Read more

    Most Canadians think Trudeau should rely less on trade with China: Ipsos poll

    Global News: A majority of Canadians believe the Trudeau government should rely less on trade with China and diversify to other countries, according to a new Ipsos poll conducted exclusively for Global News. Read more

    Urgency mounts on Africa to fast-track AfCFTA to counter tough times

    XinhuaNet: The implementation of the African Continental Free Trade Area (AfCFTA) could catalyze development and growth of Africa, and help the continent recover from the economic impact of the ongoing COVID-19 pandemic. Read more

    AfCFTA: Nigeria To Corner 10% Of $650bn Annual Intra-African Trade ― Presidency

    Tribune: African Continental Free Trade Agreement (AfCFTA) provides Nigeria with preferential access to Africa market worth over $650bn in mostly manufactured goods and services according to Senior Special Assistant to the President on Public Sector, Mr Francis Anatogu. Read more

    Post-Brexit deal: What’s happening in the UK-EU talks?

    BBC: Negotiations on the post-Brexit relationship between the United Kingdom and the European Union are looking a lot like the negotiations on the Brexit withdrawal agreement last year. Read more

    EU approach to Brexit trade deal talks has resulted in ‘paralysis’, Government sources say

    The Telegraph: Bloc’s negotiators accused of slowing down discussions on less contentious issues in order to focus on most difficult areas. Read more

    STRAIGHT FROM THE WTO

    NEW ON THE CTLD BLOG

    The Caribbean Trade & Development Digest is a weekly trade news digest produced and published by the Caribbean Trade Law & Development Blog. Liked this issue? To read past issues, please visit here. To receive these mailings directly to your inbox, please subscribe to our Blog below:

  • Caribbean Trade and Development News Digest – July 12 -18, 2020

    Caribbean Trade and Development News Digest – July 12 -18, 2020

    Welcome to the Caribbean Trade & Development News Digest for the week of July 12-18, 2020! We are happy to bring you the major trade and development headlines and analysis from across the Caribbean Region and the world from the past week.

    THIS WEEK’S HIGHLIGHTS

    This week members of the World Trade Organization got to officially meet the eight candidates in the running to succeed incumbent Roberto Azevedo as next WTO DG. From July 15-17, each candidate participated in a special meeting of the WTO General Council and took questions from the membership, followed by a press conference. You can also access each candidate’s statement to the General Council once available here and watch the recordings on the WTO’s website here.

    Barbados’ soon to be rolled out special 12-month remote visa programme called the ‘Welcome Stamp‘ has created much excitement and largely positive international headlines. However, the island may soon have competition from other jurisdictions which have also announced digital nomad visas. In early June, Estonia adopted amendments to its laws to create a digital nomad visa programme, while Bermuda this week announced it will be launching a special one-year residential certificate. Read more

    REGIONAL NEWS

    More support for Govt’s new visa plan

    Barbados Today: The Barbados International Business Association (BIBA) has welcomed Government’s proposed 12-month Barbados Welcome Stamp initiative. BIBA President Derrick Cummins told Barbados TODAY there were several benefits that could be derived from the initiative including increased economic activity. Read more

    Now is the moment for CARICOM to re-engage with the Dominican Republic

    Dominican Today: There is a real case to be made for CARICOM setting aside its reservations and seeking an early engagement with the new administration in Santo Domingo, not least because as a former businessman Mr Abinader knows the Anglophone Caribbean. Read more

    LIAT’s creditors to meet July 31

    Barbados Today: Creditors are about to have their say on whether cash-strapped regional carrier LIAT should go into liquidation. Almost three weeks after Prime Minister of Antigua and Barbuda Gaston Browne announced the airline would be liquidated and a new airline formed, LIAT has called a meeting of the company’s creditors to discuss its wrapping up. Read more

    Antigua hopes to save LIAT with legislation

    Nation News: The Antigua and Barbuda government has provided an avenue for the regional airline, LIAT, to seek Court protection rather than being forced into liquidation after it announced that the Companies (Amendment) Act 2020 was gazetted on Wednesday. Read more

    JAMPRO, BSJ Partner To Develop Bamboo Industry

    Jamaica Gleaner: The Jamaica Promotions Corporation (JAMPRO) and the Bureau of Standards Jamaica (BSJ) are increasing their collaboration to develop Jamaica’s bamboo industry, as demand grows globally for renewable material sources for paper and other manufacturing needs. Read more

    Jamaica launches ‘Return to Set’ guidelines as filming resumes

    Loop Jamaica: JAMPRO and the Jamaica Film and TV Association (JAFTA), have officially launched the “Safe Return to Set” industry guidelines that will govern filming during and after the COVID-19 pandemic in Jamaica. Read more

    14 Entrepreneurs to start the OECS-Caribbean export coaching programme

    Dominica News Online: The OECS-Caribbean Export Development Agency’s Technical Assistance and Coaching Programme launched on July 8, 2020 with the aim of strengthening the entrepreneurial and leadership skills of 14 selected young entrepreneurs from six countries of the Eastern Caribbean. Read more

    Grenada to Reduce Airline Ticket Taxes to Encourage Regional Travel

    Caribbean National Weekly: Prime Minister Dr Keith Mitchell has disclosed that Grenada will soon be reducing taxes on airline tickets as part of measures aimed at encouraging intra-regional travel within the Caribbean Community (CARICOM). Read more

    Trinidad & Tobago PM: No Involvement in LIAT

    Newsday: The Trinidad & Tobago Prime Minister implied the Government will not step in to save cash-strapped LIAT by reversing TT’s past surrender of most of its shareholding, speaking at a briefing on Monday at the Diplomatic Centre, St Ann’s. Read more

    Leaders ‘accept’ regional airfare levies too high

    Barbados Today: High airline taxes, long blamed by many regional experts for their role in a slump in intra-regional travel, may, after all, have to be lowered, a Caribbean leader has hinted. Read more

    INTERNATIONAL NEWS

    Brexit no obstacle to WTO leadership bid, says Liam Fox

    BBC: Liam Fox has downplayed the importance of Brexit in his bid to be the first British boss of the World Trade Organization. Read more

    WTO, ICC, B20 Sound Alarm on Diminishing Availability of Trade Finance Amid Pandemic

    IISD: The World Trade Organization (WTO), International Chamber of Commerce (ICC), and Business Twenty (B20) Saudi Arabia have issued a joint statement that shines a spotlight on “the diminishing availability of trade finance.” Read more

    The formidable challenges facing the WTO’s next Director General

    ING: The World Trade Organisation has begun choosing its new Director General, with eight candidates in the running. As if safeguarding the rules of world trade during a pandemic wasn’t challenging enough, dispute settlement needs reform, China’s status within the world trading system has to be addressed, and success partly depends on US voters in the autumn. Read more

    India revives initiative to conclude Preferential Trade Agreement with S African Customs Union

    Economic Times: Discussions between Southern African Customs Union (SACU) [South Africa, Namibia, Botswana, Lesotho, Eswatini] and India to achieve a Preferential Trade Agreement (PTA) have been revived with the two sides holding a virtual meeting last week to discuss various aspects of the PTA. Read more

    US, India Discuss ‘Possibility’ of Free Trade Pact

    VoA: The U.S. and India discussed the “possibility” of a free trade pact, India’s Commerce and Industry Ministry said in a statement Thursday, just days after India began free trade agreement talks with the European Union. Read more

    US cars ‘must be left out of post-Brexit trade deal’

    BBC: Safety experts are urging the UK government to exclude American cars from any post-Brexit trade deal. Read more

    EU, India move closer to free trade deal

    Deutsche Welle: Following an online summit between the European Union and India, the two powers have announced plans to set up a “high-level dialogue” on investment and trade. Details of any potential free trade pact remain uncertain. Read more

    EU talks to rescue €750bn recovery package stall amid heated debate

    The Guardian: European Union leaders agreed to reconvene at noon on Sunday after spending an evening locked in intense negotiations in an attempt to save a summit on the terms of a €750bn (£682bn) pandemic recovery fund from an acrimonious end as the debate over the bloc’s financial future became “heated”. Read more

    Foreign Minister Toshimitsu Motegi eyes Britain trip next month to discuss trade deal

    Japan Times: Foreign Minister Toshimitsu Motegi could visit Britain as early as next month for negotiations on a trade deal that both countries want to finalize this year, government sources said Friday. Read more

    China says will stick with U.S. trade deal, but respond to ‘bullying’

    Reuters: China said on Thursday it will stick to the Phase 1 trade deal it reached with the United States earlier this year but warned that it will respond to “bullying” tactics from Washington, as relations continue to deteriorate. Read more

    Digital trade agreement of 1998 costs India, other developing nations $10 billion per annum

    Business Today: A research paper published by the United Nations Conference on Trade and Development (UNCTAD) suggests that the developing country members of the World Trade Organisation (WTO) maybe losing about $10 billion tax revenues due to a moratorium on customs duties on electronic transmissions (ET) agreed in 1998 and continued since then. Read more

    US-Africa trade will be positively impacted by AfCFTA – Florizelle Liser

    The Africa report: The Corporate Council on Africa (CCA) is the leading business association focused solely on promoting business and investment between the United States and the African continent. In this time of pandemic, both the continent and the US are looking for ways to strengthen their relationship. Read more

    Digital Trade Is the Next Big Thing in Africa

    AllAfrica: Wamkele Mene was recently appointed Secretary General of the African Continental Free Trade Area Secretariat. Because of COVID-19, free trade for countries that have ratified the agreement did not begin, as planned, on 1 July 2020. In this interview with Africa Renewal’s Kingsley Ighobor, Mr. Mene explains the way forward, how increased intra-African trade can boost economies post-COVID-19 and how digital trade will be next big thing on the continent. Read more

    China says its dollar-denominated exports, imports jumped in June, beating expectations of a decline

    CNBC: China’s dollar-denominated exports and imports rose in June, as restrictions eased and countries started to reopen their economies. Read more

    UAE-China trade to surge on the back of strong ties between the two nations

    The National: Bilateral trade between China and the UAE will continue to surge in the coming years on the back of strong relations between the two countries, despite a temporary roadblock caused by the effects of the Covid-19 pandemic, according to top officials. Read more

    Lessons from Covid, China: India needs a new paradigm for trade, industry, and development

    The Indian Express: Promoters of free trade say countries that trade with each other are unlikely to go to war with each other. The volume of India-China trade has been growing for many years. Yet soldiers of the two countries are skirmishing along their borders. Ten years ago, the Indian ambassador to China pointed out that while the volume of trade was growing no doubt, the pattern of trade was worrying. Read more

    STRAIGHT FROM THE WTO

    NEW ON THE CTLD BLOG

    The Caribbean Trade & Development Digest is a weekly trade news digest produced and published by the Caribbean Trade Law & Development Blog. Liked this issue? To read past issues, please visit here. To receive these mailings directly to your inbox, please subscribe to our Blog below:

  • WTO DG Candidates kick off their campaigns

    WTO DG Candidates kick off their campaigns

    Alicia Nicholls

    In case you missed it, nominations for the next World Trade Organization (WTO) Director-General closed on July 8, 2020. The first phase of the three-phased DG selection process is now complete.

    Who is running?

    Eight (8) candidates are officially in the running to become the seventh WTO DG after incumbent DG Roberto Azevedo announced in May this year his intention to step down on August 31, 2020, a full year before his second and final term expires. On June 8, nominations were officially opened, and closed July 8.

    All of the candidates are well-experienced and well-qualified. The majority are from developing countries, including three from Africa. Three of the candidates are women.

    The candidates are:

    Dr. Jesus Seade Kuri (Mexico)

    Dr. Ngozi Okonjo-Iweala (Nigeria)

    Mr. Abdel-Hamid Mamdouh (Egypt)

    Mr Tudor Ulianovschi (Moldova)

    Ms Yoo Myung-hee (Republic of Korea)

    Ms Amina C. Mohamed (Kenya)

    Mr Mohammad Maziad Al-Tuwaijri (Kingdom of Saudi Arabia)

    Dr Liam Fox (United Kingdom)

    Their full biographies may be accessed on the WTO’s website here.

    What happens now?

    During this second phase of the three-phased DG selection process the candidates will officially make themselves ‘known’ to WTO Members, starting this week.

    Over the next three days, July 15-17, each candidate will participate in the special meeting of the WTO General Council where he or she will present his or her vision and take questions from the membership, followed by a press conference.

    You can also access each candidate’s statement to the General Council once available here and watch the press conferences live and the recordings on the WTO’s website here.

    Not surprisingly, the selection process has been expedited. This second phase of the DG selection process normally lasts three months but will instead be shorter, expiring September 7.

    It should be noted, however, that even before this official campaigning period started, most candidates had already begun making their case for why they are the best person to lead the WTO at this time through media appearances and op-eds.

    The third and final phase, which involves consultations with Members over their preferences to narrow the field of candidates, will start thereafter and will only last two months. The DG is chosen by consensus.

    As I outlined in a previous article, while the WTO DG’s role is largely administrative and lacks any real formal power, the DG can exert considerable soft power to help members build consensus. This is especially needed at this time given the many challenges the 25-year old institution is currently facing.

    Alicia Nicholls, B.Sc., M.Sc., LL.B is an international trade and development specialist. Read more of her commentaries here or follow her on Twitter @licylaw. All views expressed herein are her personal views and do not necessarily reflect the views of any institution or entity with which she may from time to time be affiliated.