Dominica: Dominica on Monday launched its National Export Strategy (NES) that trade officials say is intended to boost exports by 50 percent by 2017, according to a report on the Dominica News Online. They have indicated that they want to effectively implement the strategy, along with the Dominica Coalition of Services Industries (DCSI) which was also launched.
The two are being funded by Britain under its Caribbean Aid for Trade and Regional Integration Trust Fund (CARTFund) to the tune of EC$3 million over a two year period. The project is being implemented through the Caribbean Development Bank.
According to trade officials here, the NES “is a plan of action aimed at achieving the transformation of Dominica’s export sector…We look forward to hearing of booming exports as a result of these two projects,” Head of DFID in the Caribbean, Harry Hagan told Monday’s launch. (DFID is the UK’s Department for International Development).
The DNO report said that Trade Minister, Colin McIntyre, says he expects the National Export Strategy and the DCSI to serve as platforms to launch “a new beginning in terms of restructuring our services industry and our export strategy”.
The strategy is expected to focus on six priority sectors: Energy and natural resources, agri-business, tourism, cultural industries, professional services and agriculture.
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