NO. 2/2017 DATE: July 12, 2017
LAUNCH OF GRENADA’S NATIONAL EXPORT STRATEGY 2017-2021
ST. GEORGE’S, GRENADA, Wednesday, July 12, 2017: Grenada will launch its National Export Strategy on Thursday July 27, 2017. This new strategy will be implemented over a period of five years, 2017-2021, with the aim of boosting Grenada’s exports.
Honourable Oliver Joseph, Minister of Economic Development, Planning and Trade will receive the strategic document, from the Commonwealth Secretariat, in the presence of the Consultants and Government Officials. Stakeholders from the private and public sectors including Permanent Secretaries; and representatives from Civil Society Organisations, Export Facilitating Agencies and Academia will also be in attendance.
Over the past year, the Commonwealth Secretariat has been working with the Government of Grenada, through the Division of Trade, to complete the National Export Strategy. Through active participation from key stakeholders, which involved extensive exercises, workshops, sector groups’ sessions and a national consultation, six (6) priority sectors that have potential to increase exports were identified, as follows:
1. Agriculture and Fisheries – Agro-processed products, fishery products, cinnamon, cocoa, nutmeg, soursop and cloves;
2. Creative Industries – art and craft industry, audio visual industry, film industry, fashion industry;
3. Health and Wellness – herbs and spices and therapeutic tourism;
4. Maritime and Yachting Services;
5. Tourism; and
6. Professional Services – Management Consulting and Information Communication Technology (ICT)
These sectors were chosen in tandem with an assessment of the economy’s potential and its ability to spur growth and sustain development in those areas.
In addition to the above, seven (7) cross-cutting challenges that affect the priority sectors as well as other sectors were identified. They are as follows:-
1. Access to Finance;
2. Cost of Finance (when it is accessible);
3. Technical Skills;
4. Market Intelligence;
6. Quality of Products and Services; and
7. Market presence in foreign countries
The Strategy looked at the main aspects of the enabling environment which warrants focused and targeted interventions to increase the country’s supply capacity. This involves boosting the country’s ability to produce good quality products at a competitive price, lowering the transaction costs of trading across borders and creating new opportunities for the country’s producers to penetrate regional and global markets, as reflected in the strategy’s vision.
Further, the document established a strategic action plan and an implementation framework to assist key agencies to execute their plans; and to measure and monitor the implementation progress. It must be noted that a National Implementation Coordinating Team (NICT) is already appointed to ensure successful implementation of the action plan.
The National Export Strategy relies on strong Private-Public Partnership, including, dedicated accountable agencies and reliable support services system to achieve successful implementation.
Division of Trade, 6th July, 2017
339 GRENADA TO DRAFT A COUNTRY PROGRAMME TO ACCESS CLIMATE FINANCE UNDER THE GREEN CLIMATE FUND (GCF)
315 INCREASED INVESTOR CONFIDENCE IN GRENADA LEADS TO OVER-SUBSCRIPTION OF EC.56 MILLION IN TREASURY BILLS
214 VALIDATION WORKSHOP: DIAGNOSTIC ASSESSMENT OF THE CONSUMER PROTECTION LANDSCAPE IN THE OECS REGION
204 NEW CUSTOMS OFFICERS RECEIVE TRAINING IN MONITORING AND CONTROL OF TRADE IN OZONE DEPLETING SUBSTANCES (ODS)
200 GRENADA TO BENEFIT FROM REGIONAL DEMONSTRATION PROJECT FOR THE REFRIGERATION AND AIR-CONDITIONING SECTOR
197 OECS COUNTRY MISSION TO UNDERTAKE DIAGNOSTIC ASSESSMENT ON CONSUMER AFFAIRS LANDSCAPES IN MEMBER STATES
196 ENERGY DIAGNOSIS AND POLICY EVALUATION WORKSHOP AS GRENADA MOVES FORWARD IN DEVELOPING NATIONAL ENERGY PLANNING GUIDELINES
84 Government to meet with Public Sector Unions to discuss new protocol for Statutory Bodies and State Owned Enterprises
58 November 3, 2014 - DISCUSSION OF DRAFT SCOCIAL COMPACT ON GBN TELEVISION – TUESDAY NOVEMBER 4TH, 2014
54 September 25, 2014 - LOCAL TEAM MEETING HELD FOLLOWING THE UN CONFERENCE IN SMALL ISLAND DEVELOPING STATES (SIDS), SAMOA SEPTEMBER 1-4, 2014
53 September 25, 2014 - LOCAL TEAM MEETING HELD FOLLOWING THE UN CONFERENCE ON SMALL ISLAND DEVELOPING STATES (SIDS), SAMOA SEPTEMBER 1-4, 2014
50 September 18, 2014 - THE NOU TO RECOGNISE INTERNATIONAL DAY 2015 BUDGET PREPARATION MOVING INTO HIGH GEAR
48 September 12, 2014 - THE NOU TO RECOGNISE INTERNATIONAL DAY FOR THE PRESERVATION OF THE OZONE LAYER
47 September 12, 2014 - THE NOU TO RECOGNISE INTERNATIONAL DAY FOR THE PRESERVATION OF THE OZONE LAYER
37 June 30, 2014 - JUNIOR OFFICERS OF CUSTOMS AND EXCISE DIVISION PARTICIPATE IN BASIC TRAINING COURSE
36 June 30, 2014 - JUNIOR OFFICERS OF CUSTOMS AND EXCISE DIVISION PARTICIPATE IN BASIC TRAINING COURSE
24 April 24, 2014 - NOU AND GRENCASE COLLABORATES TO PROVIDE TRAINING IN REFRIGERATION AND AIR-CONDITIONING FUNDAMENTALS
21 April 1, 2014 - GOVERNMENT AND PUBLIC SECTOR UNIONS COMMENCE TALKS ON MEMORANDUM OF UNDERSTANDING FOR HOME-GROWN PROGRAMME OF FISCAL ADJUSTMENT AND REFORMS
20 April 1, 2014 - REGISTRATION OF LICENSED NON-BANK FINANCIAL INSTITUTIONS IN COMPLIANCE WITH FATCA
19 March 27, 2014 - GOVERNMENT AND DIGICEL SIGN AGREEMENT FOR INSTALLATION OF ELECTRONIC TRACKING SYSTEM DEVICES IN ALL GOVERNMENT VEHICLES
15 March 6, 2014 - GRENADA TO HOST ENERGY FOR SUSTAINABLE DEVELOPMENT (ESD) PROJECT INCEPTION MEETING
11 February 26, 2014 - 3RD INSTALLMENT OF RETROACTIVE PAYMENTS TO PUBLIC OFFICERS AND TEACHERS DEFERRED
10 February 25, 2014 - GRENADA CUSTOMS AND EXCISE DIVISION ANNUAL AWARD AND RECOGNITION CEREMONY, 2014
8 February 12, 2014 - COMMITTEE OF SOCIAL PARTNERS MOVING STEADFASTLY TOWARDS THE FINALISATION OF A SOCIAL COMPACT