BASSETERRE, St. Kitts (SKNIS – Nov. 7, 2011): St. Kitts and Nevis has achieved a major milestone in the efforts to access the Guyana-Brazil Partial Scope Agreement.
 
During the recent meeting of CARICOM’s Council of Trade and Economic Development (COTED), support was given for St. Kitts and Nevis to accede to the Guyana-Brazil Partial Scope Agreement in accordance with article 80(4) of the Revised Treaty.

It also agreed that the list of products from Brazil would be accorded preferential access to the St Kitts and Nevis market. This development has cleared the way for the exchange of signatures involving St Kitts and Nevis, Brazil and Guyana.
 
The Hon. Dr. Timothy Harris, Senior Minister and Minister of International Trade, explained the importance of the agreement in this manner, “The partial scope agreement when signed, will provide our manufacturing sector, in particular, access to the largest economy in Latin America. 

This preferential access will increase sales and secure the jobs of many of our workers on our Industrial Estates.”
 
Dr. Harris commended the various entities involved in facilitating the progress in the trade negotiations. “We are satisfied to see the light at the tunnel.  It has been a long and time-consuming exercise. 

I want to place on record my Ministry’s strongest expression of appreciation to the government of Guyana and Brazil, the CARICOM Secretariat, the Office of Trade Negotiations and the many persons and entities that cooperated with us to bring this accession agreement to this point of near finality.”
 
 

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