Caribbean governments and private sector companies have been making moves to capitalise on their intellectual property.
Several of these activities have been propelled by the Cariforum/EU Economic Partnership Agreement (EPA), a reciprocal trade agreement that focuses on four matters, the objective of which is to liberalise trade in goods, services and investment between the two regions on a reciprocal basis.
Cultural and entertainment services
Governments in the Caribbean have, historically, not addressed directly the economic potential of cultural services in policies to an appreciable extent. The EU has funded several workshops within a project on liberalisation of trade in cultural and entertainment services in the Caribbean region, which aimed to address and correct this issue directly.
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Caribbean, EPA, exports, geographical indications, Demerara