John Bazill, an official responsible for trade relations with the Caribbean in the European Commission’s Trade Department, is encouraging T&T to ratify the long-outstanding Economic Partnership Agreement (EPA) with the European Union.
Speaking in Brussels during an interview with Guardian Media last week, Bazill expressed concern over the prolonged delay in T&T’s ratification of the trade agreement, which was signed more than a decade ago under the Cariforum-EU framework.
“Many years after the agreement was negotiated and signed, Trinidad and Tobago still hasn’t ratified it” Bazill said. He added that while the EU has fulfilled its side of the deal—including lowering tariffs for goods from T&T - it expects reciprocal action, in accordance with international norms.
“For the EU, we’ve done our part of the deal, we’ve lowered our tariffs for Trinidad and Tobago products. We’d really like Trinidad and Tobago to join other Cariforum countries in ratifying the agreement.”
The EPA is a trade and development agreement designed to promote trade, investment, and sustainable development between the EU and Cariforum states (Caricom states (except for Montserrat) plus the Dominican Republic. It is being provisionally applied until all parties have ratified it. Most signatory Caribbean countries have already ratified the agreement, though all are actively benefitting from duty-free and quota-free access to EU markets.
Bazill also noted that the red-listing of Trinidad and Tobago’s seafood exports to the EU hampers the country’s ability to tap into lucrative European markets. In contrast, several regional neighbours meet EU regulatory requirements and are currently exporting seafood and fish products to the bloc.
“Taking into account the need for Trinidad and Tobago to diversify its economy, the fact that you’re an island, you have fisheries, I would say it would be a priority to work with our Directorate General responsible for fisheries and maritime affairs to do the necessary technical and legal work,” he advised.
Bazill emphasised the importance of updating national fisheries legislation and aligning it to international standards to boost confidence among European buyers.
“That would mean that European buyers would be much more interested in buying fishery products from Trinidad and Tobago. And as you mentioned, some of your neighbours are already exporting seafood and fishery products to the EU, so why not Trinidad and Tobago also?” he said.
The director of the European Business Chamber in Trinidad and Tobago (EUROCHAMTT), Marie Louise Norton-Murray, also called on T&T to fulfill its obligations under the EPA with the European Union, warning that failure to do so is costing local businesses access to new markets and much-needed investment.
Norton said the EPA, which was signed by all 15 Cariforum members in 2008 and adopted into T&T’s laws in 2013, remains only partially implemented. While the EU has already granted full duty-free, quota-free access to Cariforum countries, she noted that T&T has yet to meet some of its key commitments, including tariff reductions on EU imports.
“We are also of the view that if you sign an agreement, yes, and you are working with a partner and that partner is providing a lot of development support, that you, on your end, you should also meet what you have agreed to,” Norton stated.
Norton also argued that many of the goods imported from the EU are not luxury items, but commercial and intermediary goods essential to local businesses.
“Not only are we not living up to our end of the agreement, our businesses themselves are also paying a higher price for intermediary products.”
She further noted that the EPA encompasses much more than tariffs, including provisions on investment, good tax governance, transparency, and environmental cooperation.
The EUROCHAMTT founding head also raised alarm over T&T’s continued red listing by the EU, which prevents T&T exporting fish and seafood products to Europe. While local processors currently export to the United States, Norton says the EU represents a significantly larger and more lucrative market.
“We are denying ourselves a whole new market as a result of this position,” she said, referencing the long-delayed Fisheries Management Bill.”
The legislation includes critical provisions to combat illegal, unregulated and unreported (IUU) fishing, along with frameworks for establishing a competent authority to issue health certificates which are requirements for gaining EU market access.
Despite broad support for the bill from the fishing community and environmental advocates, it has languished in Parliament for years. Norton said the delay is difficult to justify, particularly given the investment opportunities and foreign exchange potential at stake.
Efforts to get a response from the Trade and Industry Minister and Parliamentary Secretary in the Ministry were unsuccessful.