PARLIAMENTARY WRITTEN QUESTION
Caribbean Aid for Trade and Regional Integration Trust Fund: EU Trade (15 June 2020)
Question Asked
Asked by:
Mark Pritchard (Conservative)
Answer
The Caribbean Aid for Trade and Regional Integration Trust Fund (CARTFund) was launched by the UK Government in 2009 to help Caribbean countries and businesses implement and take advantage of the CARIFORUM-EU Economic Partnership Agreement (EPA) and support the region’s own economic integration initiative. DFID published an evaluation report in October 2015 at the end of the project, which found that it performed relatively well, particularly in relation to activities relating to the implementation of the EPA.
The UK has now signed the CARIFORUM-UK EPA with 13 CARIFORUM States, providing assurance to businesses, consumers and investors on the continuity of trade arrangements at the end of the transition period. Building on the recommendations from the CARTFund evaluation, DFID continues to deliver economic development objectives in the Caribbean including the UK Trade Partnerships Programme, which will support CARIFORUM States to implement and maximise the benefits of the CARIFORUM-UK EPA.
Answered by:
Nigel Adams (Conservative)
22 June 2020
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