Talks on Common Customs Tariffs for OECS Recommences in Antigua
Discussions are continuing on the establishment of a Customs Union among member states of the sub-regional grouping
Yesterday Wednesday, representatives from both the private and public sectors were engaged in a two-day consultation with officials from the OECS Commission to discuss the establishment of the matter
The consultations began in Antigua and Barbuda and are expected to continue in other member states
Dominica Richardo James is leading the discussions. He is the Head of the Trade Policy Development Unit at the OECS Commission in St. Lucia.
James emphasized the importance of operationalizing the OECS Customs Union and ensuring the free circulation of goods to achieve the goals of the OECS Economic Union.
He acknowledged that significant progress has been made in the past towards this goal, but various challenges have slowed down the process.
“Since the work began in 2011, there had been work done, and there was a momentum towards establishing the Customs Union but between 2016 and 2020 that momentum slowed. We had the hurricane in 2017 and COVID-19 which caused disruption,” he said
The OECS Commission aims to re-energize and revitalize the push towards establishing the Customs Union through these consultations in the seven Protocol Member states, starting in St. John’s.
James highlighted the critical nature of these consultations, noting that since work began in 2011 to establish a Customs Union with free circulation of goods, there has been momentum and consultations. However, between 2016 and 2020, this momentum slowed down due to various reasons.
The commission now seeks to regain momentum and move forward with the establishment of the Customs Union.
In addition to discussing the establishment of the Customs Union, the consultations will also involve updating the roadmap and setting new timelines for its implementation.
This process will likely be lengthy, as it requires harmonizing custom legislations and obtaining approval from trade ministers in the sub-region, followed by final approval from the highest decision-making body within the grouping, the OECS Authority.
This story was first published by Antigua News on : antigua.news/2024/06/20/talks-on-common-customs-tariffs-for-oecs-recommences-in-antigua. © 2024 Antigua News. Republication without permission is not allowed.

About the author
The Editorial Staff refers to all reporters employed by Antigua.news. When an article is not an original creation of Antigua.news—such as when it is based on a press release, other media articles, letters to the editor, or court decisions—one of our staff members is responsible for overseeing its publication.
Read our editorial standards and corrections policy. Spotted an error? Contact the newsroom.
More from Business and Finance
View section
Liechtenstein register hack exposes the privacy risks of financial transparency
Data concerning 31,000 legal entities were stolen from the principality’s beneficial ownership register. As access moves to an identity-checked service in Vaduz, the unresolved question is whether stronger entry controls can protect the people behind the records.
By Dario Item
How much is Hormuz really adding to Caribbean fuel prices?
The disruption is raising the cost of gasoline and diesel far beyond the Gulf. But refinery shortages, shipping costs and changes to subsidies must be separated to establish what motorists are paying for.
By Dario Item
From Potters to Dallas: Antiguan and Barbudan Ryancia Henry Rises to Top Luxury Hotel Management Role
By Shermain Bique-Charles
Twenty-Three Days to Close a EUR2bn Case Built on Hundreds of Pages: The Novo Banco Judgment That Should Shock Europe’s Bond Market
By Dario Item

Comments
Be the first to comment.