Georgetown: The Caribbean Export Development Agency (Caribbean Export) has announced the awarding of over US$255,000 in financial assistance to CARIFORUM agro- processing firms as part of the Regional Private Sector Development Programme (RPSDP) funded by the European Union under the 10th European Development Fund (EDF).
“It is of paramount importance that food producers are able to compete on a global scale. This can only be achieved through meeting the stringent regulatory or certification needs for international food safety. The allocation of these funds will help these businesses in the first instance to get them export ready or be able to increase their exports to new markets. This is the boost that the sector in the Region needs,” Caribbean Export Executive Director Pamela Coke-Hamilton said.
The agro-processing sector within the Caribbean is relatively fragmented and underdeveloped, comprising mainly small and medium sized enterprises involved in the processing of traditional agricultural products for domestic use and export. There are a number of competitive constraints that currently hinder the expansion of the agro-processing sector, one of which is food safety requirements.
On May 28, the Agency released a Special Call for Proposals – Food Safety for CARIFORUM agro- processing firms, specifically to address the issue of exporters and producers not meeting certain food safety requirements for the EU market. Internationally, exporters are obligated to comply with the food safety requirements of the desired export markets.
Applications were received from 55 companies, 22 of which have been awarded a grant to a maximum value of €10,000. The successful applicants were from Barbados, Belize, Dominica, the Dominican Republic, Grenada, Guyana, Jamaica, St Lucia, Suriname, and Trinidad and Tobago. It is anticipated that the beneficiaries of these grants that wish to export to the EU will utilise the funds to develop in a manner that ensures food production under standard quality control conditions that meet the sanitary and regulatory requirements of the EU marketplace such as HACCP, GAPs, GlobalGAP, ISO 14000, BRC, QF 1000, and Primus GFS.