Saint Lucia Coalition of Services Industries

Presented by Ms. Dinah Hippolyte, at the 2012 TTMA Trade and Investment Convention Services Workshop, 18th May 2012, Port of Spain, Trinidad

“National Experience of Services Exports”

● Late 1990’s St Lucia identified services as a priority sector

● 2001 commitment to establish Services coalition to support services export drive

● 2004 Draft National Export Development Strategy Identified key sectors

● SLCSI established in 2009

● TEPA recently established to promote Goods/Services exports

SAINT LUCIA’S EXPERIENCE OF SERVICES EXPORTS

National Trade Infrastructure still designed to facilitate and promote trade in Goods

CHALLENGE TO SERVICES EXPORTS

PERFORMACNE OF SERVICES TRADE

17 % of population (28,068) between 15-24 years old

41 % of population (68,052) under 35 years old!!!

Need to stimulate growth in new areas of economic activity

IMPERATIVE FOR PROMOTING SERVICES EXPORTS

THE NATIONAL EXPERIENCE

• Education Services: AIMU Offshore Medical School

• Backoffice Operations: The BDO

• Accounting Services: PricewaterhouseCoopers

NATIONAL EXPERIENCE OF SERVICES EXPORTS

THE NATIONAL EXPERIENCE

• ICT services: Converge solutions, eMagine

• Backoffice Operations: BDO Accounting and Administrative Services

• Consulting/Marketing services: Accela Marketing

THE NATIONAL EXPERIENCE

• Entertainment: Claudia Edwards, Boo

Hinkson

• Accounting: PricewaterHouse

• Administrative/Backoffice: The BDO

SERVICES EXPORTS TO THE EU

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INCREASING SERVICES EXPORTS TO THE EU

INCREASING PROFESSIONAL SERVICES EXPORT S TO THE EU

DEVELOPING SAINT LUCIA SERVICES SECTOR

Grant funding from the Caribbean Aid for Trade and Regional Integration Trust Fund (CARTFund) for the execution of a twenty one (21) month project titled "Developing Saint Lucia's Services Sector".

DEVELOPING SAINT LUCIA SERVICES SECTOR

“It is expected that the CARTFund project will contribute to the institutional strengthening of the SLCSI, increased capacity of its member associations to coordinate the development of the professional services sector; an increased level and quality of advocacy for the creation of a more enabling environment for trade in services and an increased number of service providers with the capacity to exploit new market opportunities.”

DEVELOPING SAINT LUCIA SERVICES SECTOR

Key deliverables and Progress to Date

•National Services Sector profile

•Client database

•Advocacy Training and Lobbying

•Services Policy White Paper/Recommendations 

•Services Export Market Intelligence Report  

•Services Export Training

•Services Trade Mission

Saint Lucia Coalition of Services Industries

Thank You!!!!