EU-CARIBBEAN TALKS
April 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Union (EU) and 16 Caribbean countries have launched negotiations to strike a 2008 trade deal, that should boost rum exports into Europe. The spirit is already the eastern Caribbean's largest export to the EU, (11 per cent of sales - worth around Euro 320 million in 2003), with import quota restrictions removed from 2000. Moreover, the EU has accepted Caribbean countries should strengthen their rum producers in an increasingly open global market, with the European Development Fund having a Euro 70 million lending programme for ...
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