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Afiya Ray

CARICOM Private Sector Organization (CPSO), Chairman, Gervase Warner, Pleased with Exemption for Caribbean from USTR Proposed Fees regarding ‘China’s Targeting of the Maritime, Logistics and Shipbuilding Sectors’

By Press Release, pressreleaseNo Comments

Port of Spain, Trinidad and Tobago – April 19, 2025 On behalf of the regional private sector, the CPSO is grateful for the ‘USTR Determination’, on ‘China-built vessels’, published on April 17th, 2025. This Determination, in effect, exempts Caribbean Shipping from the high port fees on China-built vessels, originally proposed by the United States Trade Representative (USTR). As originally proposed by the USTR, these high port fees, in excess of US $1,000,00000 for each US Port call , would have increased the cost of shipping between the Caribbean and the United States, with crippling consequences for inflation, shortages, delays and other ‘supply-chain’ disruptions for the people and the economies of CARICOM and the Caribbean.

The CPSO appreciates the ‘USTR Determination’ and recognizes that this tremendously beneficial outcome is the product of leadership and collaboration among several key private sector stakeholders and the governments of the CARICOM states. We make particular mention, in this regard, of our CARICOM Heads of Government, chaired by Prime Minister Mia Amor Mottley. The priority attention
given to this issue by the Heads of Government, evidenced by their fervent advocacy at the meeting with U.S. Secretary of State Marco Rubio and their communication to President Donald Trump under the pen of Prime Minister Mottley, has been a significant driver of this positive outcome.

The technical leadership and commitment of our CPSO Secretariat, led by one of CARICOM’s most competent Economists, Dr Patrick Antoine and his team, and their submissions and oral testimony was a major determinant of the positive USTR outcome. The coordination and advocacy of the CPSO was demonstrated by the record setting 700 plus attendees from multiple industries and countries in the Caribbean on the first coordination call to deal with the issue on March 18th, 2025. Indeed, the two community-wide regional consultations subsequently held to define and refine the regional private sector position for submission to the USTR, were proud moments for the private sector, symbolizing the enormous possibilities for successful outcomes inherent in collective action in pursuit of common goals.

The CPSO credits the openness and transparency of the USTR and the USTR Panel, comprising various representative from other US Government Departments. The USTR and its Panel were receptive to the issues peculiar to the Caribbean, introduced via the submissions made by and testimony of the CPSO and other Caribbean partners.

The partnership and collaboration with Tropical Shipping’s CEO Tim Martin and Jennifer Nugent-Hill, a Director on the CPSO-United States Business Council Executive (CPSO-USBC), has been invaluable. We publicly acknowledge the collaboration with Caribbean Hotel and Tourism Association (CHTA), Caribbean Tourism Organisation (CTO), Seaboard Marine, Atlantic Council, Caribbean Shipping Association (CSA), Mr. Darwin Telemaque, CEO of the Antigua Port Authority, Mr. Gerard Bergasse, Regional Manager Tropical Shipping, and the Port Management Association of the Caribbean (PMAC), all of which/whom contributed to the USTR positive determination for the Caribbean.

The positive outcome was facilitated by the seamless coordination efforts of Ambassador Wayne Mc Cook, Assistant Secretary General – CARICOM Single Market and Trade and Dr. Wendell Samuel, CARICOM Assistant Secretary-General (Ag), Economic Integration, Innovation and Development.

We were humbled by the contribution of Congresswoman Stacey Plaskett, Representative of United States Virgin Islands, who participated, at short notice, for the entire duration of the briefing meeting with the CPSO, Tropical Shipping and CARICOM Ambassadors. The strategic timing of the questions posed to the Hearings of the U.S. Ways and Means Committee, by Congresswoman Plaskett, was a
significant contributor to the USTR outcome.

Profound appreciation is also extended to the Caucus of CARICOM Ambassadors accredited to the United States for their support.

The CPSO on behalf of the regional private sector advocated for:

  1. An exemption for ‘short Sea’ Shipping, defined as vessels plying the route
    between 2,750 Nautical Miles of the CARICOM/Caribbean and the
    Continental United States – the USTR Determination recommended the
    exemption for 2,000 Nautical Miles (acceptable to CPSO);
  2. An exemption for vessels carrying less than 55,000 deadweight tons and less
    than 4,999 TEU’s – USTR Determination recommended the exemption for
    55,000 deadweight tons and less than 4,000 TEUs (acceptable to CPSO);
  3. An exemption for specialized cargo, such as energy and chemical products
    which may exceed 55,000 deadweight tons – USTR Determination
    proposed exemptions for individual bulk capacity of 80,000 deadweight
    tons; and exemptions for specialized or special purpose-built vessels for
    the transport of chemicals substances in bulk or liquid forms (acceptable
    to CPSO).

The campaign by the regional private sector and the Community, would have been far more challenging without the overwhelming support of the regional print and electronic media. As Chairman of the CPSO, I convey heartfelt thanks on behalf of the Executive Committee and the 5,500 plus members of the Organization. We at the CPSO anticipate your continued support, even as we direct our focus to other matters critical to the Community, such as the impact of US tariffs on CARICOM trade. Dr. Antoine and his team at the CPSO are also playing an important strategic role with the CARICOM Secretariat on this issue.

To anyone I may have neglected to name and to the People of CARICOM and the Caribbean, the CPSO extends an enormous thank you.

The CPSO is honoured to have been pressed into the service of the people of the Community on such a significant issue, at such a critical time.

Gervase Warner
Chairman
CARICOM Private Sector Organization

CPSO holds Internal Discussions on the impact of US Tariffs on the CARICOM Private Sector

By Press Release, pressreleaseNo Comments

The CARICOM Private Sector Organization (CPSO) Technical Team met internally regarding the recent announcement by US President Donald Trump’s of sweeping tariffs on countries that run trade surpluses with the United States.

On April 2nd, President Trump announced that effective April 5th, a baseline 10% tariff would be imposed on imports into the US. This sweeping tariff impacts several Caribbean countries including St. Lucia, the Dominican Republic, Trinidad and Tobago, the Bahamas, Grenada, St. Kitts and Nevis, Guyana, Haiti, Sint Maarten, Suriname, Belize, British Virgin Islands, Barbados, Cayman, Curacao, Bermuda, Turks and Caicos, Aruba, St. Vincent, Montserrat, Guadeloupe, Martinique, Dominica, Anguilla, and Antigua and Barbuda. Guyana faces a higher ‘reciprocal’ tariff of 38%.

In a statement on April 3rd, CPSO CEO and Technical Director Dr. Patrick Antoine acknowledged that these tariffs would impact CARICOM economies, but he maintained that credible analysis needed to be undertaken before a comprehensive response is provided.

“Several dimensions have now become important,” Dr. Antoine said. “The measures will have both direct and indirect impacts on CARICOM economies, beginning with exports, but rapidly on imports as well. In the case of imports, some of which are routed through the US to fulfill regional markets, the impact of the tariffs will be felt through higher prices – in a fairly rapid manner. But the impacts will also be felt sector-wide, agriculture, tourism, manufacturing, etc.

There will also be an impact on US consumers and the US economy, and this will have very negative implications on the Region’s trade in Services, particularly tourism. The CPSO analysis will look at the impact of the US tariffs from the perspective of opportunities for the private sector- not solely from the perspective of challenges.”

Dr. Antoine said the CPSO is committed to working within the spirit of the Community, alongside the CARICOM Secretariat, and other regional and international institutions to leverage the best resources to meet the challenges posed by the shift in economic and trade philosophy, by CARICOM’s most significant trading partner (the US).

CARICOM Private Sector Organization’s statement to the United States Trade Representative Public Hearing on Section 301 Proposed Actions

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CEO and Technical Director of the CARICOM Private Sector Organization (CPSO), Dr. Patrick Antoine, delivered an official statement on behalf of the CPSO and its membership during the United States Trade Representative (USTR) Public  Hearing on the  Proposed Actions in the Section 301 Investigation of  China’s targeting of the Maritime, Logistics, and Shipbuilding sectors for dominance on March 24th, 2025. Please click the following link to access the complete statement: CPSO Testimony for USTR Section 301 Public Hearings

CPSO, Atlantic Council and Tropical Shipping discuss USTR proposals and implications with CARICOM Ambassadors

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The Atlantic Council and Tropical Shipping hosted a dialogue session with CARICOM Ambassadors and the CARICOM Private Sector Organization (CPSO) in Washington D.C. on March 25th 2025 to facilitate an update and discussion on the possible implications of the United States Trade Representative (USTR) Section 301 proposed remedies for Chinese maritime, logistics, and shipbuilding practices, and particularly the potential impact of said remedies on Caribbean economies. Read More

CPSO congratulates Caribbean Chemicals on the success of its proposal in the IDB Sargassum Innovation Quest

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The CARICOM Private Sector Organization (CPSO) congratulates Caribbean Chemicals and Agencies Ltd, (CC), a leading regional supplier and producer of agricultural inputs, on the success of its proposal in the Sargassum Innovation Quest: Building Resilient Coastal Ecosystems, an initiative of the Inter-American Development Bank (IDB) and its innovation arm, IDB Lab, in collaboration with the United States Agency for International Development (USAID).

Sargassum Innovation Quest

Image courtesy Ms Carina Cockburn, IDB Country Representative, Barbados.

The submission by CC was the culmination of its active collaboration with Plant & Food Research, Caribbean Regional Fisheries Mechanism (CRFM) and the CARICOM Private Sector Organization (CPSO) with the Concept Note and the Pitch Deck prepared by Business Systems Expert, Mr. Dale Chesney. 

The collaboration included successful preparation, from Sargassum, of a bio stimulant liquid that did not increase plant or soil levels of arsenic and other heavy metals, the design of a pilot plant to manufacture same and its testing for use as a bio stimulant under experimental and farmer conditions for a wider range of crops and conditions.

The Sargassum Innovation Quest was launched in 2024 to identify and support solutions that leverage advanced technologies and innovative practices to harness the potential of Sargassum biomass and enhance the resilience of coastal communities in Latin America and the Caribbean.

The CC submission was one of 72 from 13 countries across the Region. It was also one of five initiatives which were announced on January 14th, 2025 by IDB and IDB Lab as being preselected. The five initiatives all aim to harness the potential of Sargassum as a resource for various industries. The other named beneficiaries are Waste Recycling Environment Network (Belize), C-combinator (Mexico), SOS Carbon (Dominican Republic) and Origin by Ocean (Dominican Republic).

As a part of the next steps in the process, CC is scheduled to undergo a due diligence process. Upon successful completion, they will proceed to design their projects and become candidates to receive funding from IDB Lab and USAID to develop their innovative models. All organisations will also join the IDB’s global innovators network to address the sargassum management needs and the conservation of coastal-marine ecosystems across Latin America and the Caribbean.

CEO and Technical Director of the CPSO, Dr. Patrick Antoine, in extending congratulations to CC, noted that its success in the Sargassum Innovation Quest is a clear demonstration of the Region’s ability to leverage cutting-edge solutions to turn environmental challenges into sustainable opportunities. He also underscored the CPSO’s commitment to fostering impactful collaborations between public and private sector stakeholders that drive innovation to address critical agricultural and environmental challenges for CARICOM Member States.

Mr. Joe Pires Jnr, Chairman and CEO of CC has recognised the role of CPSO in effectively bringing the private sector and the development agencies (CRFM, Plant & Food Research, with support from CARDI and UWI) together in partnership that will substantially contribute to the success of the CARICOM Heads of Government Mandate of 25×2025 – food import reduction Initiative.

CARICOM Private Sector Organization joins in the celebration of Africa-CARICOM Day

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The CARICOM Private Sector Organization (CPSO) joins with the Caribbean Community (CARICOM) and the African Continent in celebration of the third annual Africa-CARICOM Day on September 7th, 2024. This celebration is a commemoration of the historic move by Heads of State and Government representing both regions to strengthen ties of cooperation and collaboration.

Africa-CARICOM DayWith CARICOM formally designated as the sixth region of the African Continent, this occasion gives us an opportunity to reflect upon our historic ancestral ties and on ongoing efforts to strengthen bilateral connections between the member states of the CARICOM and the African Union.

As the CARICOM Associate Institution established to represent and advance the regional private sector’s participation in, support of the full implementation of the CARICOM Single Market and Economy (CSME), the CPSO is acutely aware of the opportunities for synergies, collaboration and partnerships between the CSME and the African Continental Free Trade Area. The CPSO recognizes the value in economic, technological and trade collaboration between the two regional blocks and the immense opportunities that can be realized by all.

The CPSO, the Africa Business Council, and the African Export-Import Bank (Afreximbank) signed a Memorandum of Understanding (MoU) in September 2022 to establish the Africa- Caribbean Business Council (ACBC). The ACBC gives effect to mutual aspirations for private sector cooperation and joint action pursuant to the deepening of business, trade, investment, and people to people relations among the private sector in CARICOM and the African Union. As we advance the operationalisation of this MOU, empowered by the support of our Heads of State and Government, this day provides us with an excellent opportunity to celebrate the strides that have been made thus far.

Further, we reaffirm our commitment on behalf of the regional private sector to work in tandem with our counterparts to access greater investment and economic opportunities, and to achieve enhanced people to people contact, shared collaborative initiatives, and added opportunities for mutual development which, ultimately, will redound to the continued prosperity of both regions.

CARICOM Private Sector Organization Facilitates Regional Agreement for the Development of Sargassum

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Chief Executive Officer and Technical Director of the CARICOM Private Sector Organization (CPSO), Dr. Patrick Antoine, on July 16th, 2024, chaired a high-level meeting between Mr. Jason Dunn, Commercialization Manager of Plant & Food Research (PFR), New Zealand, and Mr. Joe Pires, Managing Director of Caribbean Chemicals & Agencies Ltd, a leading Caribbean supplier of agricultural inputs, headquartered in Trinidad and Tobago.

The meeting discussed a partnership to provide for the processing of Sargassum into key agricultural inputs, bio-stimulants, and compost that could significantly enhance crop productivity. Sargassum poses a threat to the marine life, tourism, and well-being of virtually all Caribbean countries. This partnership will provide for the commencement of scaled trials using bio-stimulants from Sargassum on various crops in farmers’ fields starting in Trinidad and Tobago.

This partnership between PFR and Caribbean Chemicals builds on a previously signed MoU between the Caribbean Regional Fisheries Mechanism (CRFM) and the CPSO, which aims at fostering collaboration among regional public and private sector institutions in providing solutions which can be ‘scaled up’ in solving critical agricultural development challenges for CARICOM.

The CPSO’s role in this coalition was to successfully secure a credible, experienced, and respected commercial partner with presence across the Community, and to coordinate the legal and other aspects of the collaboration among the parties.

In the photo from left are Mr. Joe Pires, Managing Director of Caribbean Chemicals & Agencies Ltd; Mr. Jason Dunn, Commercialization Manager of Plant & Food Research, New Zealand; CPSO Consultant, Dr. Arlington Chesney; and CPSO CEO and Technical Director, Dr. Patrick Antoine.

The CPSO commends the Regional Private Sector Response to Hurricane Beryl

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The CARICOM Private Sector Organization (CPSO) is today commending the relief response by the regional private sector as support continues to pour in for the CARICOM States of Grenada, St Vincent and the Grenadines, and Jamaica which were impacted by the passage of Hurricane Beryl. The ongoing response effort has already resulted in several shipments with critical relief and aid provisions from the private sector leaving Trinidad and Tobago, Guyana, Barbados, Antigua and Barbuda, Belize, Saint Lucia, Dominica, and other countries.

Chief Executive Officer and Technical Director of the CPSO, Dr Patrick Antoine, in a review of ongoing efforts, lauded the overwhelming response of the regional private sector.

Dr. Antoine, in an update to a virtual meeting of the Caribbean Development Partners Group (CDPG) hosted by the Caribbean Disaster Emergency Management Agency (CDEMA) earlier this week, stated, “The support we have been able to muster across CARICOM has been important. Everyone has been onboard and working seamlessly in solidarity, and the aid provided to date has been critical. This support will continue to be critical in the coming days as emergency response organizations assess and update the needs requirements for the impacted countries. We urge the private sector to continue for as long as possible to help our brothers and sisters across the Region recover and rebuild.”

The collaboration by the private sector across the Region speaks volumes to what can be accomplished when resources are joined toward a common cause. By working together, the private sector has shown the strength and resourcefulness of ‘the collective’. This spirit of collaboration will auger well for advancing the collaboration and cooperation on the CARICOM Single Market and Economy (CSME).
The CPSO continues to partner in the relief and recovery response with CDEMA, Governments, and regional and national Business Support Organizations (BSOs).

ABOUT THE CPSO
The CARICOM Private Sector Organization (CPSO) is the most recently accredited Associate Institution of the Caribbean Community. The CPSO is a ‘Service Organization’ to mobilize and advance private sector participation in CARICOM, with a mandate to contribute to the full implementation of the CARICOM Single Market and Economy (CSME). The Membership of the CPSO is comprised of private sector entities operating in the CARICOM space, including Micro, Small and Medium Sized Enterprises (MSMEs).

For further information, please contact the CPSO Secretariat at: info@thecpso.org