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The Uruguay Round and NAFTA

The Challenge for Commonwealth Caribbean Countries

image of The Uruguay Round and NAFTA

This study provides a comprehensive analysis of the combined impact of the Uruguay Round and NAFTA on the Commonwealth Caribbean countries. It also makes recommendations on policy options available to them. It is hoped that the study will provide a good basis for member governments in this region in assessing the policy implications of the impending changes in the international training system in the context of their economies, and formulating appropriate responses.

English

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Foreword

The Uruguay Round agreements and the accession of Mexico to the North American Free Trade Agreement (NAFTA) will significantly transform the trade policy framework in which Commonwealth Caribbean countries will operate over the next decade. It will offer them new trading opportunities, particularly in the medium to long term. In the short term, however, they will face some transitional problems, mainly because of the erosion of preferential access they now enjoy in their major markets.

English

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