CARIFORUM-UK EPA offers new opportunities

A few days ago, the British government published the text of the CARIFORUM-UK Economic Partnership Agreement (UK EPA) that will govern trade in goods and services with the Caribbean, assuming Britain leaves the European Union sometime later this year.

The agreement has the effect of replicating the intent and provisions of the 2008 EU-CARIFORUM EPA on a UK-only basis, but with some modifications.

It provisionally comes into force when either the UK finally leaves the EU – following a special summit in Brussels to be held by October 31st this year – or at an earlier date determined by the British Government and Parliament, if both can ever agree on the withdrawal terms.