Report of the expert group meeting on the CARIFORUM-EU Economic Pertnership Agreement

On 15 October 2008, the European Union (EU) and the CARIFORUM Group of Countries – the Caribbean Community (CARICOM) and the Dominican Republic – assembled in Barbados to commemorate the beginning of a new chapter in their economic relationship by signing the CARIFORUM-EU Economic Partnership Agreement (EPA) after four and a half years of negotiation. In signing the Agreement, a joint declaration was also issued calling for a comprehensive, five-yearly review of the Agreement in order to determine its impact, including the costs and consequences of its implementation. During negotiations between the parties to the Agreement, the Economic Commission for Latin America and the Caribbean (ECLAC) Subregional Headquarters for the Caribbean undertook several studies directed at examining the implications of the EPA for the region as well as informing the process for the preparation of an implementation plan for CARIFORUM. The possible gender implications were also considered in collaboration with the United Nations Development Fund for Women (UNIFEM).