Caribbean Aid for Trade and Regional Integration Trust Fund: EU Trade

Department for International Development written question – answered on 22nd June 2020.

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Photo of Mark Pritchard Mark Pritchard Conservative, The Wrekin

To ask the Secretary of State for International Development, what assessment she has made of the effectiveness of the Caribbean Aid for Trade and Regional Integration Trust Fund in helping countries agree trade agreements with the European Union.

Photo of Nigel Adams Nigel Adams Minister of State (Foreign and Commonwealth Office) (Joint with the Department for International Development)

The Caribbean Aid for Trade and Regional Integration Trust Fund (CARTFund) was launched by the UK Government in 2009 to help Caribbean countries and businesses implement and take advantage of the CARIFORUM-EU Economic Partnership Agreement (EPA) and support the region’s own economic integration initiative. DFID published an evaluation report in October 2015 at the end of the project, which found that it performed relatively well, particularly in relation to activities relating to the implementation of the EPA.

The UK has now signed the CARIFORUM-UK EPA with 13 CARIFORUM States, providing assurance to businesses, consumers and investors on the continuity of trade arrangements at the end of the transition period. Building on the recommendations from the CARTFund evaluation, DFID continues to deliver economic development objectives in the Caribbean including the UK Trade Partnerships Programme, which will support CARIFORUM States to implement and maximise the benefits of the CARIFORUM-UK EPA.

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