BARBADOS   -  Trade Information Database

Trade Policy of Barbados - Selected Documents

This section centralises information relating to Barbados' national trade policy. Government trade policy overviews, national development strategy papers, information on agreements, regulations, standards, and the investment climate are also presented in this section.
Barbados'  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, 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

"[Barbados] must produce goods and services which can be traded competitively in foreign markets.  The heavy reliance on trade makes it necessary to develop policies which are responsive to the changing international environment. Since the early 1990s, Barbados' trade policy has become more open as a result of its own liberalisation programme, and in response to regional and international developments." Government Report to the WTO 2002
 
 

  REGIONAL & GLOBAL CONTEXT

 

Barbados is a founding member of the Caribbean Common Market and Community (CARICOM). Barbados has participated in the GATT since February of 1967 and in the WTO since January 1995.

    Regional Level
 

CARICOM
Background Information, Legal Framework of Integration, External Trade Agreements, On-going Negotiations, CSME Initiative

CRNM
Background Information, 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 System.

Other International Organisations
Reports & Country Strategies on Barbados
World Bank Country Strategy, 2001
LAC, World Bank
IMF Art.IV Consultation: Staff Report, 2004
Staff for the 2004 Consultation with Barbados

 
   

Main Policy Documents
Protocol IV of the Social Partnership 2001-04
Government of Barbados

Budget Policy
Economic & Financial Policies 2004
Economic & Financial Policies 2002
Economic & Financial Policies 2001

RT. Hon. Owen Arthur, Minister of Finance

 

Trade Policy Documents

WTO Secretariat Trade Policy Review, 2002
Government Report. Government of Barbados
Structure of Trade Policy. WTO Secretariat
Policies by Sector. WTO Secretariat
Policies and Practices by Measure. WTO Secretariat

Other Trade Policy Documents
Export of Services: High Potential or Wishful Thinking, 2004. Government of Barbados
Barbados in the CSME, 2004. Government of Barbados
Barbados in the FTAA, 2004. Government of Barbados
Barbados and the EU, 2004. Government of Barbados

 

 RELEVANT PUBLICATIONS

  On Barbados
Barbados: Trade and Integration as a Strategy for Growth, 2004.Jessen, A. and Vignoles, C.
Economic Growth and Development in Barbados during the XX Century, 2001.Andrew Downes 
Barbados - European Community Country Strategy Paper, 2001. Government of Barbados and EU Commission

   Financial Sector Assessment - Barbados, 2003.World Bank and IMF

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