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How the EU is supporting businesses and trade in the Caribbean Monday 4 April 2011 Terhi Karvinen Programme Officer EU Delegation, Trinidad and Tobago.

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Presentation on theme: "How the EU is supporting businesses and trade in the Caribbean Monday 4 April 2011 Terhi Karvinen Programme Officer EU Delegation, Trinidad and Tobago."— Presentation transcript:

1 How the EU is supporting businesses and trade in the Caribbean Monday 4 April 2011 Terhi Karvinen Programme Officer EU Delegation, Trinidad and Tobago

2 Strategy of response 1.Scope A. Programmes with National scope B. Programmes with Regional scope C. Programmes with Global scope 2.Opportunities A. Participation: training, cooperation frameworks, studies, evaluations, technical assistance B. Funding: SOME instruments offer grant or loan funding for specific activities in specific fields

3 Principles: Involves the private sector in dialogue, decision- making and implementation in most areas of the EUs cooperation with T&T. Integrated approach: Macro: business and investment environment. Meso: supporting intermediate private sector structures and business associations. Micro: foster productivity and competitiveness of individual enterprises.

4 The five areas of EU intervention for PSD Actions/programmes 1.Enabling environment Bizclim II ( 30M) 2. Investment and inter-enterprise co-operation promotion ProInvest (110M) 3. Investment financing and development of financial markets EIBs Investment Facility (1.5b) 4. Business Development Services Centre for Development of Enterprise ( 108M) COLEACP ( 62.5M) Fish II ( 30M) 5. Support for micro-enterprises EU/ACP Microfinance Programme (36M) Private Sector Development programmes Loans, equity and guarantees for large investment programmes Support to IO and fostering partnerships Fostering pro-poor financial markets Studies, assessments, dialogue, regional integration

5 The three areas of EU intervention for TSD Actions/programmes 1.Participation in trade negotiations 2. Formulation of trade policies 3. Implementation of trade policies and international trade agreements Trade Sector Development programmes ACP Multilateral Trading Programme (16M) Who: Macro and Meso level organisations What: Research, training and TA TradeCom (60M) Who: Macro and Meso level organisations What: Workshops, research, training and TA All ACP agricultural commodities programme (45M) Who: Macro, Meso and Micro level organisations What: TA through international oraganisations (ITC, FAO, WB, UNCTAD, CFC)

6 Thank you for your attention Thank you for your attention Terhi Karvinen Programme Officer EU Delegation, Trinidad and Tobago T: W:

7 BizClim II: Private Sector Enabling Environment Facility Objective Enhance the business enabling environment in ACP countries/regions through TA. Results Improving legislation and institutional arrangements. Improving the financial sector enabling framework. Reforming State Owned Enterprises (SOE). Enhancing macroeconomic stability Support to REC in formulating regional programme Funding/ Duration 30M January December 2012 How Demand driven: requests for TA to the programmes PMU which will select specific projects that are in line with the strategy and that present high value added. Who RECs, regional ACP organisations with a mandate for private sector development, Private sector business associations, civil society (consumer associations, trade unions, economic research institutes) etc. Contact 1: Enabling Environment

8 PROINVEST Objective Promote investment and transfer of technology to enterprises operating within key sectors in the ACP States. Results This will be achieved through on the one hand a support to intermediary private sector support organisations and professional associations, and, on the other hand the development of North-South and South-South inter-enterprise partnerships. Funding/ Duration Budget: 110 Million, ending 30 September 2011 (PE8 31 March 2011) How Demand driven: Short term TA: online applications Large scale: via Call for proposals Beneficiaries ACP private sector Intermediary Organisations (IOs) ACP REGs! Contact Babs Adenaike, 2. Investment and inter-enterprise co- operation promotion

9 EIB's Investment Facility Objective Support private sector investment projects that are economically, technically, environmentally and financially viable and have a development and a poverty-reduction impact in the ACPs. Results Provision of medium to long term finance in the ACP countries through a range of flexible financial instruments such as loans, equity, quasi-capital or guarantees (denominated in EUR, other widely-traded currencies or local currencies) Funding/ Duration First Financial Protocol: 2003 – 2007: 2 billion Second Financial Protocol: 2008 – 2013: 1,5 billion How In practice, EIB extends reimbursable capital at a commercial interest rate. Such interest rate subsidies can be capitalised or used as grants to support project related technical assistance. Beneficiaries All ACP Countries (all sectors except arms, drugs, gambling, tobacco) Private & public enterprises Contact 3. Investment financing and development of financial markets

10 Centre for the Development of Enterprise (CDE) Objective CDE supports the implementation of PSD strategies in ACP countries by providing non-financial services to ACP companies and businesses and support to joint initiatives set up by economic operators of the Community and the ACP States. Results Co-finances operators costs of support and advisory services (i.e. feasibility studies, etc.) Creation and development of ACP enterprises. Funding/ Duration Budget: 108M/6 years How Demand driven project. The support is predominantly provided through a pro-active and programmed approach to selected sub- sectors and groups of SMEs in selected countries and regions; individual enterprises ad hoc requests are only eligible when they have distinct merits in terms of development impact and innovative investment. Beneficiaries Mainly SMEs and intermediary institutions (trade/ private sector organisations) CDE 4. Business Development Services

11 Pesticides Initiative Programme: Quality and Conformity Fruits and Vegetables Strengthening Food Safety Systems through SPS measures in ACP countries Objective Bring ACP exports in conformity with EU regulatory changes and market requirements Risk-based food and feed safety systems for export products are established that are in line EU SPS standards. Results Private sector capacity building; Support structures & service providers cap. building; Improved capacity of inspection services Support for testing & reference laboratories Ad hoc SPS support measures Funding/ Duration Budget: 32.5M, October October 2014 Budget: 30M November November 2013 How Implemented by COLEACP; Demand driven (form on website) Who Horticultural producers & exporters Smallholders support organisations Support structures to the horticultural export sector Laboratories (public & private) National competent auth. and Inspection services Training & technical institutions Producers and exporters associations NGOs & private sector certification actors ContactsGuy Stinglhamber /

12 Strengthening Fisheries Management in ACP/OCT countries (FISH II) Objective Improve fisheries management in ACP countries and to reinforce regional cooperation for the management of shared stocks. Results Business supportive regulatory frameworks & private sector investment Knowledge sharing on fisheries management & trade at regional level Funding/ Duration Budget: 30M, ending November 2013 How Demand driven: requests for training, technical assistance and facilitation of workshops Beneficiaries Fish sector managers Contacts Caribbean regional facilitation unit in Belize: Sandra Grant - Regional Manager : 4. Business Development Services

13 EU/ACP Micro-finance Framework Programme I & II Objective To build the capacity of key microfinance actors and enhance equity and efficiency in ACP microfinance markets to ensure financial inclusion for microenterprises and low income household. Results Within the broader context of capacity building at different levels of the financial system, the Programme will focus on three main components (i) Pro-poor access to finance, (ii) Consumer empowerment and capacity building, (iii) Equitable and efficient local markets. Funding/ Duration 9 th EDF: 14.7M, ended 31/12/ th EDF: 15M EC contribution to total 36M (19.5M: Other donors; 1.5M: Grants beneficiaries co-financing) for How Call for Proposals Collaboration with international organisations Scholarships to ACP policymakers (Boulder microfinance programme). Who Microfinance Institutions; Financial infrastructure service providers – business; Policymakers, associations Contact: 5. Support for micro-enterprises

14 Objective ACP countries' integration into the multilateral trading system of the WTO and support to the enhanced Integrated Framework. Results Research, training or TA to ACP States, Regions and NSA in: Effective participation of in WTO negotiations; Strengthen the capacity to implement WTO agreements that are already in place; Support to the Enhanced Integrated Framework (contribution to a multilateral Trust Fund). Funding/ Duration 16M End: December How MTS component – Demand driven scheme EIF component: joint management - contribution agreement with UNOPS Who Regional Integration Organisations Government Ministries and departments responsible for trade matters Civil society organisations, Private sector organisations Research centres and Universities Other stakeholders contributing to achieving the objectives of the programme Contact Nelson Ndirangu : Trade Related Assistance Programmes (1/3)

15 TradeCom Objective Improve the capacity of ACP countries and regional organisations to design and implement trade strategies and effectively participate in international trade negotiations. Results 1.Reinforce local analytical and research capacities for trade policy formulation 2.Hubs and Spokes: assistance for ongoing negotiations via National Trade Policy Advisors and Regional Trade Policy Advisors 3.Pilot activities for institutional reinforcement in the area of trade support services Funding/ Duration Budget: 60M; ends: 30 June 2012 How Demand driven: Requests for assistance through the programmes website. Ex: workshops, Trade diagnostics studies, Training, Capacity Building initiatives, TA. Who ACP Governments; regional integration structures; non-state actors: private sector, intermediary organisations etc. Contact Trade Related Assistance Programmes (2/3)

16 Objective Reinforcing the capacities to develop & implement viable strategies improving and stabilising the revenues and living conditions of agricultural commodity producers in ACP countries. Results Development of effective commodity strategies and implementation plan Access to and use of markets, production factors and services Market-based instruments to reduce producers income vulnerability Agricultural commodity producers & associations capacity building Funding/ Duration Budget: 45M, ending December 2012 How Annual programmes formulated after regional consultations and implementation by international organisations (ITC, FAO, WB, UNCTAD and CFC). Beneficiaries ACP national & regional authorities Agricultural commodity producers & service providers Organisations Contact Pierre Berthelot, Trade Related Assistance Programmes (3/3)

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