Minister of Industry, Investment and Commerce, Hon. Audley Shaw has informed that condensed milk and clinker (used in cement production) supplied within the Caribbean Community (CARICOM) “have [now] been afforded an additional layer of protection”.
Speaking in the 2021/22 Sectoral Debate in the House of Representatives on Tuesday (May 11), he noted that this achievement has been realized “after a long, hard-fought battle over some two years with CARICOM”.
“This means an increased advantage to those companies supplying these products to the region. Consequently, imports of like products from outside the region cannot be granted any unilateral reduction in Common External Tariff (CET) without the agreement of all CARICOM Member States,” Mr. Shaw said.