The World Trade Organization’s General Council yesterday approved the extension of the Waiver of the Caribbean Basin Economic Recovery Act (CBERA), which allows for continued duty-free access to the United States market for eligible Caribbean products, up to September 30, 2025.
According to a statement from the Ministry of Foreign Affairs, through CBERA, 17 countries including Guyana, are beneficiaries of preferential tariff treatment intended to support the development of regional economies. The trade programme was set to expire at the end of the year.
