Jamaica Taking Steps to Expand Its Caribbean Trade Ties

The port in Montego Bay, Jamaica, Jan. 19, 2011 (photo by Flickr user the brit_2 licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic license).
The port in Montego Bay, Jamaica, Jan. 19, 2011 (photo by Flickr user the brit_2 licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic license).
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Earlier this month, Jamaica announced plans to expand regional trade ties through a framework agreement with Cuba and a deal that supplements the existing free trade agreement with Costa Rica. In an email interview, Krista Lucenti, an economist with the Inter-American Development Bank, discussed Jamaica’s trade policy. WPR: What are Jamaica’s main exports, and who are Jamaica’s main trade partners? Krista Lucenti: Jamaica exported roughly $2.3 billion in goods and services in 2014. Exports of goods are concentrated in bauxite, alumina and other non-traditional exports, including chemical, minerals and food processing exports, and represent nearly three-fourths of the total value […]

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