SAINT LUCIA   -  Trade Information Database

Trade Policy of Saint Lucia - Selected Documents

This section centralises information relating to St. Lucia's national trade policy. Government trade policy overviews, national development strategy papers as well as information on agreements, regulations, standards, and the investment climate are also presented in this section.
St. Lucia's trade policy is clearly not developed in isolation, but rather within a regional and global trade context. Over the years, the number of commitments derived from participation in the World Trade Organisation (WTO), as well as CARICOM, the OECS, and other regional trade fora has increased. As such, documents that provide some insight into these regional and global policy frameworks have been included.

 NATIONAL TRADE POLICY

"Saint Lucia takes very seriously its obligations as a member of the WTO. The country faces major challenges, however, in the liberalised trading environment.
Saint Lucia’s economy is small, the island geographically disadvantaged and highly vulnerable to natural disasters.  With limited natural resource endowments Saint Lucia relies heavily on a few economic sectors. The small internal market and small size of firms makes it difficult to realise economies of scale. In addition, economic diversification is challenging and there is a high degree of product and market concentration in exports.  Moreover, the country suffers from administrative, institutional and human resource limitations that impact its ability to effectively participate in the WTO.
"
Government Report to the WTO 2001
 

  REGIONAL & GLOBAL CONTEXT

 

St. Lucia is a founding member of the Caribbean Common Market and Community (CARICOM). St. Lucia has participated in the GATT since April of 1993 and in the WTO since January 1995.

    Regional Level
 

CARICOM
Background Information, Legal Framework, External Agreements, On-going Negotiations, the CSME Initiative, and more information.

The OECS
Background Information, Legal Framework, Institutions, and Studies. Also,
IMF Consultation with ECCU, 2003
   - Staff Report I
   - Staff Report II
Trade Policy Review of the OECS, 2001
   - Governments' Report
  
- WTO Report

CRNM
Background Information, and Studies and Publications.

 
    Global Level
 

The World Trade Organisation - WTO
Introductory Documents, Doha Development Agenda, Multilateral Agreements, Annual Reports, Special and Differential Treatment, Dispute Settlement Mechanism


Other International Organisations
Reports & Country Strategies on St. Lucia
World Bank Country Strategy, 2001
LAC, World Bank

IMF Art.IV Consultation, 2004
Staff for the Consultation with St Lucia

 
 
   

Main Policy Documents
Medium-Term Economic Strategy

Government of Saint Lucia

 

OECS Development Charter

OECS Secretariat

Budget Policy
Budget Address 2004-2005

Budget Address 2003-2004

Budget Address 2002-2003

Budget Address 2001-2002

Government of Saint Lucia

Agricultural Policy
Agricultural Policy Framework for the OECS, 2003
OECS Secretariat

 

  Trade Policy Documents

WTO Trade Policy Review of St. Lucia, 2001
Government Report. Government of Saint Lucia

WTO Secretariat Report. WTO Secretariat
   
WTO Trade Policy Review of the OECS, 2001
Report by the Governments of the OECS. Governments of the OECS
WTO Secretariat Report. WTO Secretariat

Other Trade Policy Documents
RNM/OECS Country Study to Inform Trade Negotiations, 2001. Lazarre, A.,  Antoinne, P. Samuel W.
Redefining Tourism as an Export and Development Opportunity. Government of Saint Lucia

 RELEVANT PUBLICATIONS

On St. Lucia
Trade Policies and Prospects of the Eastern Caribbean States in the New Global Economy, 2000. De Rosa, D.

Saint Lucia: Country Strategy Paper for the Banana Industry, 1999. UNCTAD 
National Report to the World Summit On Sustainable Development, 2001. Ministry of Planning of Saint Lucia
Saint Lucia- European Community Country Strategy Paper, 2001.EU Commission and the Government of Saint Lucia
E-Commerce and its Relevance to the Caribbean, Regional & World Trade Agenda, 2003. Jean, A.
Impact of the Proposals on Small and Developing CARICOM States, 2001.Bardouille, N.

  

On Trade Policy
World Trade Report 2004, 2004. World Trade Organisation
World Trade Report 2003, 2003. World Trade Organisation

On the Regional and Global Context
CARICOM Report, 2002. Taccone, J. and Nogueira, U (coordinators)
Trade Policy and Caribbean Development, 2001. Barclay, L; Henry, R and James, V
Globalisation and Small Developing Countries. Bernal, R.  (source: CRNM website)
Survey of the Caribbean Tax Systems, 2004. Dos Santos, P and Bain, L