Caribbean talk to EU about increased rum distribution

20th Apr 2004

There were reports yesterday on that 16 Caribbean nations are in discussions with the EU to boost rum exports by the year 2008.The site wrote:

The spirit is already the eastern Caribbean’s largest export to the EU, (11% of sales - worth around €320m in 2003), with the European Investment Bank having a €70m lending programme for Caribbean rum.

Antigua & Barbuda, The Bahamas, Barbados, Belize, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Suriname and Trinidad & Tobago will be involved in the talks.

EU trade Commissioner Pascal Lamy said he wanted to “boost” existing “long-standing” commercial ties.



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