Cariforum-EU Economic Partnership Agreement

The CARIFORUM-EU Economic Partnership Agreement (EPA) is a trade deal between Caribbean countries (CARIFORUM) and the European Union. It aims to promote economic growth by reducing barriers like tariffs and preferentially opening markets for goods and services. The agreement also encourages development, sustainable growth, and cooperation on issues like trade standards and investment. While it provides Caribbean countries easier access to the EU market, it maintains protections for local industries. Overall, it seeks to boost trade, investment, and economic resilience for the Caribbean region through fair and mutually beneficial cooperation.