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UNIDO WORKSHOP LAC – E URASIAN E CONOMIC U NION - BRICS COUNTRIES “ STRENGTHENING INTERNATIONAL ALLIANCES IN THE GLOBAL MARKET” Jacqueline A. Yearwood.

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Presentation on theme: "UNIDO WORKSHOP LAC – E URASIAN E CONOMIC U NION - BRICS COUNTRIES “ STRENGTHENING INTERNATIONAL ALLIANCES IN THE GLOBAL MARKET” Jacqueline A. Yearwood."— Presentation transcript:

1 UNIDO WORKSHOP LAC – E URASIAN E CONOMIC U NION - BRICS COUNTRIES “ STRENGTHENING INTERNATIONAL ALLIANCES IN THE GLOBAL MARKET” Jacqueline A. Yearwood Director Enterprise Development July 14 - 17, 2015

2 Antigua and Barbuda Twin Island State 170 square miles (440 sq km) Population: 90,000 Official Language: English Main Industry: Tourism, contributes 60 % of GDP

3 Economic Markets Member of the Organisation of Eastern Caribbean States (OECS) Member of the Caribbean Community (CARICOM)

4 Opportunities for EEU and LAC Cooperation  Tourism Yachting MICE ( Meetings, Incentives, Conferences & Exhibitions) SPA / Wellness  Agriculture  Manufacturing

5 Opportunities for EEU and LAC Cooperation  Creative Industries  Energy – renewable wind solar  ICT ITES/BPO ( Information Technology Enabled Services/Business Process Outsourcing)

6 Export Instruments Specific Legal Instruments 1.Tourism and Business (Special Incentives Bill) 2.Investment Authority Act 3.Small Business Development Act Presently looking at developing mechanism which speaks to and encourages export

7 Investment Instruments / Manufacture Waiver / Reduction of Custom Duties & Taxes (Import Duties, ABST, RRC) Property Taxes Income Taxes Losses Carried Forward Withholding Taxes Stamp Duty on Land Transfers and Non-Citizens Licenses

8 Useful Links Official Government Website www.ab.gov.ag Tourism Website www.visitantiguabarbuda.com Investment Authority Website www.investantiguabarbuda.org

9 Antigua and Barbuda The beach is just the beginning


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