REVIEW OF THE LEGAL FRAMEWORK IN THE CARIFORUM STATES WITH RESPECT TO INVESTMENT AND THE FLOW OF INVESTMENT BETWEEN THE CARIFORUM STATES AND THE EUROPEAN UNION
Client: Caribbean Community (CARICOM) Secretariat
Origin of funding: European Development Fund (9th EDF)
Sector(s): Professional services, research
Country(s): Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Saint Lucia, Saint Vincent and the Grenadines, Saint Christopher and Nevis, Surinam, Trinidad and Tobago
The CARICOM Secretariat contracted Kisserup to review the Legal Framework in the CARIFORUM states regarding investment and the flow of investment between the CARIFORUM States and the European Union (EU). The project’s overall objective was to provide the CARIFORUM States with information on the flow of investment between the EU and CARIFORUM and the impact of CARIFORUM’s liberalization commitments, to decide on areas for the progressive liberalization of investments.
The purpose of the project was to provide appropriate technical guidance to allow informed decisions to be taken in respect of the region’s obligations under the Investment and Commercial Presence obligations of the CARIFORUM-EU EPA, taking due account of the investment legal framework, investment environment and the flow of investment from the EU to CARIFORUM.
This review was the development of findings leading to an improved climate for the flow of investment from the EU to CARIFORUM. The resulting report has been used as a benchmark study in the region.