Caribbean Trade Policy

Caribbean trade policy involves strategies and agreements that Caribbean countries use to buy and sell goods and services internationally. These policies aim to promote economic growth, integrate into global markets, and protect local industries. They often include participation in regional groups like CARICOM, trade agreements with other nations, and measures to facilitate exports while managing imports. Balancing open trade with safeguarding local economies and responding to global economic shifts is central to their approach. Overall, Caribbean trade policy seeks to enhance economic development through strategic engagement in international trade.