{"id":207274,"date":"2024-07-21T11:39:02","date_gmt":"2024-07-21T15:39:02","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=207274"},"modified":"2024-07-21T11:39:03","modified_gmt":"2024-07-21T15:39:03","slug":"darwin-telemaque-highlights-need-for-intra-regional-logistic-partnerships-to-boost-caribbean-trade","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/darwin-telemaque-highlights-need-for-intra-regional-logistic-partnerships-to-boost-caribbean-trade\/","title":{"rendered":"Darwin Telemaque Highlights Need for Intra-Regional Logistic Partnerships to Boost Caribbean Trade"},"content":{"rendered":"
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“The Caribbean\u2019s ability to expand trade hinges on establishing intra-regional logistic partnerships and building stronger public-private sector alliances,” remarked Darwin Telemaque, Port Manager at the Antigua and Barbuda Port Authority. This was the consensus among policymakers, private sector leaders, and technical experts convened by the Caribbean Development Bank (CDB) at the recent seminar, Accelerating Development: Optimising Trade Connectivity and Logistics for Growth.<\/p>

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Labour efficiency, digitalisation, and upgrading infrastructure to enhance port operations were among the areas identified as levers for triggering immediate improvements. Additionally, consistent regulatory environments to support business operations were called for, along with regional collaboration to create hubs and economies of scale, despite the complex political landscape.<\/p>\n\n\n\n

CDB\u2019s Director of Economics, Mr. Ian Durant, presented findings from separate studies the Bank commissioned on logistics performance in Grenada and Saint Lucia last year, which revealed that \u201calmost identical\u201d constraints were affecting both countries. The issues include limited berthing capacity and equipment, restricted container loading times, high shipping rates, outdated tariff structures, absence of cold storage at some points, long inspection times, aging port infrastructure, and inefficient labour practices.<\/p>

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Mr. Durant stressed the importance of unified public and private sector voices to address these challenges. \u201cOne of the core recommendations [from the studies] is the need to build and strengthen consensus around what should be done to improve logistics between the public sector and the private sector,\u201d he said.<\/p>

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Sponsored | Article continues below
Mr. Telemaque voiced concerns that inefficiencies at regional ports hinder maritime traffic. \u201cWhen you look at why we should improve the efficiencies of labour, digitalisation, and infrastructure, it is because our ports are quintessential to our existence,\u201d he said.<\/p>\n\n\n\n

Shipping Association of Jamaica President, Mrs. Corah Ann Robertson-Sylvester, indicated that a good example had been set by Jamaica where privately-owned ports have been brought up to a \u201cfirst-world standard\u201d and, due to the country\u2019s strategic location directly in front of the Panama Canal, serve as a hub for inter-regional cargo.<\/p>

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She also cited competitive intra-regional trade as a catalyst for the growth of shipping and supporting industries, stating, \u201cWe need to look at how we\u2019re going to move the cargo intra-regionally, between our islands, at competitive cost. You have to have the business there, and then the shipping lines will follow.\u201d<\/p>\n\n\n\n

Senior Director of the Canada Commercial Corporation, Mr. Wilson Pearce, discussed the challenges posed by a lack of economies of scale and inconsistent regulatory environments. He called for the public sector to establish a consistent, reliable environment to facilitate business operations.
\u201cWhat can the public sector do to establish a consistent, reliable environment at a regulatory level, with respect to the environment for the operations? A lot of our companies, when we talk to them, start to pull away: they\u2019re unsure about the regulatory environment, it\u2019s inconsistent, and you\u2019ve got a series of relatively small markets for which you have to make major adjustments in terms of how you interact,\u201d he explained.<\/p>

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World Bank Program Leader for the Caribbean and Latin America, Ms. Fatima Arroyos, advocated for \u201ca multi-sectorial perspective,\u201d urging a regional approach despite the complex political landscape. \u201cInstead of thinking about individual countries trading, there is a need to think about building hubs and economies of scale. But at the same time, what we see in reality is that politically, the discussion is much more complex than that. So, how can we move forward in the context of the political economy in the region?\u201d<\/p>

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Accelerating Development: Optimising Trade Connectivity and Logistics for Growth was one of several knowledge-sharing events hosted by the CDB at its 54th Annual Meeting which was held in June in Ottawa, Canada.<\/p>\n

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“The Caribbean\u2019s ability to expand trade hinges on establishing intra-regional logistic partnerships and building stronger public-private sector alliances,” remarked Darwin Telemaque, Port Manager at the Antigua and Barbuda Port Authority. This was the consensus among policymakers, private sector leaders, and technical experts convened by the Caribbean Development Bank (CDB) at the recent seminar, Accelerating Development: […]<\/p>\n","protected":false},"author":3,"featured_media":7624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-207274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nDarwin Telemaque Highlights Need for Intra-Regional Logistic Partnerships to Boost Caribbean Trade - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/darwin-telemaque-highlights-need-for-intra-regional-logistic-partnerships-to-boost-caribbean-trade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Darwin Telemaque Highlights Need for Intra-Regional Logistic Partnerships to Boost Caribbean Trade\" \/>\n<meta property=\"og:description\" content=\"“The Caribbean\u2019s ability to expand trade hinges on establishing intra-regional logistic partnerships and building stronger public-private sector alliances,” remarked Darwin Telemaque, Port Manager at the Antigua and Barbuda Port Authority. 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