Monday, July 13, 2020

Caribbean Chamber of Commerce Set to Launch in Europe

By on February 27, 2020

SAN JUAN – The newly founded Caribbean Chamber of Commerce in Europe (CCCE) said Thursday it will be opening its doors soon to offer Caribbean-based companies an “alternative gateway to the continent” as Britain exits the European Union.

The chamber’s mission is to promote trade and commerce between the Caribbean, the United Kingdom and Europe and attract European investment to strengthen the Caribbean economy. 

It is reaching out to other regional and trade organizations and is planning to work with public and private stakeholders “on both sides of the Atlantic, who can build the partnerships needed to foster Euro-Caribbean trade and commerce,” the announcing release reads.

“Joining the cluster of chambers of commerce based at Brussels Enterprises Commerce and Industry (BECI) expands the scope of CCCE’s network and widens its base, enabling it to operate effectively from the capital of the EU,” the CCCE said.

The chamber explained that the fourth CARIFORUM-EU Business Forum, held in Frankfurt last September, “identified the need for an independent, non-politically aligned, private sector body to provide market information and logistical support for business development in Europe.”

Following the UK’s departure from the EU, the new chamber in Brussels offers an alternative springboard to London, in particular for Caribbean Community (CARICOM)-based ventures, into a more diverse European market, the release adds, while quoting Anthony Bradshaw, officer-in-charge of the Caribbean Export Development Agency (Caribbean Export), as saying that the CCCE “will strengthen business networks and foster a closer trade and investment relationship between the Caribbean and the EU.”

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