Montoute, A. 2011. Emerging players in the Caribbean: What implications for the Caribbean, their relations with the EU and the ACP? (ECDPM Discussion Paper 116). Maastricht: ECDPM.
Traditionally, the Caribbean maintained trade and economic relations predominantly with the US, Canada and Europe. However, changes in the global economy have led the Caribbean, like other regions, to increasingly engage in trade and economic relations with the emerging BRICs economies (in particular Brazil, India, China) and Venezuela. It is likely that the Caribbean’s increasing engagement with these emerging economies has an impact on the Caribbean and its relations with traditional partners.
Key Purpose of ECDPM Study
This discussion paper aims to highlight some important implications that the Caribbean’s increasing engagement with the emerging economies might bring for the Caribbean and its relations with Europe and the ACP Group.
In doing so, this paper provides an overview of 1) the background of Caribbean relations with the emerging economies and the EU (European Union), 2) the foreign policy framework of the emerging economies and the EU with the Caribbean, 3) the strategic interests of the Caribbean, the emerging economies and the European Union and 4) key issues relating to trade and select examples of investment and development programmes and projects.
Key Findings of ECDPM