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Suriname accedes to ACS Reciprocal Cooperation Agreement

Monday, July 10, 2006

PORT OF SPAIN, Trinidad: Vice-President of the Suriname Chamber of Commerce and Industry, Max D. Man a Hing, signed the Reciprocal Cooperation Agreement among the Trade and Investment Promotion Organisations of Association of Caribbean States (ACS) Member States and Associate Members on June 26, 2006, in Barbados, at the 7th Forum of Trade Promotion Organisations (TPO) of the Greater Caribbean, organised by the ACS in conjunction with the Caribbean Export Development Agency (Caribbean Export).

On hand to witness the official signing were the participants at that meeting, as well as ACS Trade Director, Manuel Madriz and ACS Trade Advisor, Paola Vacca.

Suriname becomes the tenth ACS Member to accede to that agreement. The other ACS Members already party to that agreement are Belize, Costa Rica, Cuba, the Dominican Republic, Jamaica, Mexico, the Netherlands Antilles and Trinidad and Tobago. At the 7th TPO Forum, Barbados, Dominica and St Vincent and the Grenadines indicated interest in acceding to the agreement and are currently making the relevant internal consultations.

Signatories to the Reciprocal Cooperation Agreement agree to facilitate actions for the promotion of trade and investments and economic cooperation.

These actions include: the exchange of information on the trade environment and investment conditions in the respective countries; provision of statistics and market information; identification of projects of interest to signatories; exchange of publications and dissemination of trade-related information.

The Association of Caribbean States is the organization for consultation, cooperation and concerted action in trade, transport, sustainable tourism and natural disasters in the Greater Caribbean.

Its Member States are Antigua & Barbuda, The Bahamas, Barbados, Belize, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Mexico, Jamaica, Nicaragua, Panama, St Kitts & Nevis, St Lucia, St Vincent & the Grenadines, Suriname, Trinidad & Tobago and Venezuela. Its Associate Members are Aruba, France on behalf of French Guiana, Guadeloupe, and Martinique, and the Netherlands Antilles.

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