Joint COTED-COFAP meeting in Port of Spain

GREATER GEORGETOWN, Guyana – The Councils for Trade and Economic Development (COTED) and Finance and Planning (COFAP) of the Caribbean Community (CARICOM) will meet in a joint session from June 5-7 in Port of Spain, Trinidad and Tobago.

The Joint Meeting will consider a revision of `Towards a Single Economy and a Single Development Vision’, a report done by Professor Norman Girvan.

The original contained an elaboration of a framework and vision for the implementation of the Single Economy.

It has been revised to take into account the recommendations of the Joint Meeting of the Prime Ministerial Sub-Committees on the CARICOM Single Market and Economy and on External Trade Negotiations, the Eleventh Meeting of COFAP and the Eighteenth Inter-sessional Meeting of the Conference of Heads of Government.

The refined document will be submitted to the Twenty-Eighth meeting of the Conference of Heads of Government in July 2007.

Other key agenda items include the CARICOM Development Fund (CDF), the Regional Development Agency (RDA), the CARICOM Investment Code and the CARICOM Financial Services Agreement (CFSA).

The Joint COTED/COFAP is one of several meetings scheduled to be held in Trinidad and Tobago over the next week including a meeting between the Ministers of Finance and Trade and representatives of the Region’s private sector on June 9.

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