Home |Forum| Messages | Programme |Contact Us 
 

Sponsored by: National Commercial Bank
Jamaica National Building Society Victoria Mutual Building Society
Gleaner Company Grace Kennedy Jamaica
 

Capital and Credit Merchant Bank

WISYNCO Trading Limited

Jamaica Mortgage Bank

Jamaica Producers Group Limited


 

Govt. Encouraging Partnerships between Jamaicans here and Abroad (JIS)
Monday, June 21, 2004

Foreign Affairs and Foreign Trade Minister, K.D. Knight, has said that the government was encouraging partnerships between Jamaicans at home and abroad, in the effort to move the country out of the category of a developing country and on the path of being a developed state.

"We believe that you are an integral part of that process," he told the overseas nationals, who attended the inaugural two-day Diaspora Conference, held from June 16-17 at the Jamaica Conference Centre in downtown Kingston.

He noted that being small was not a deterrent to achieving this goal as Singapore, which is smaller than Jamaica, had become one of the world's most prosperous countries with a highly developed and successful free market economy. "With the kinds of expertise that exist in Jamaica and the Diaspora, this is not a dream but a realizable vision and one that is realizable in our lifetime," the Minister emphasized.

Turning to the trade agenda, Minister Knight informed that Jamaica was involved in talks for the establishment of the Free Trade Area of the Americas (FTAA); CARICOM Single Market and Economy (CSME); African Caribbean and Pacific (ACP)/European Union (EU) negotiations, while CARICOM/Canada talks would begin soon. He stressed that Jamaica's participation in these trade arrangements was very important, as "they provide a wider market space for all
of us."

"There is the opportunity for you to be in joint ventures with local companies, provide investment capital, human resources and technological skills for enterprises to be competitive in this market environment," he told the participants.

The Minister pointed out that while there were challenges, "the opportunities are there and it is for us to ensure that we are competitive, so that we can penetrate those markets that exist".

Mr. Knight also called on Jamaicans overseas to get involved in the political process in the jurisdictions in which they lived, to lobby for changes in trade laws to benefit small economies, such as Jamaica's. "Your involvement in the political process can put the kind of pressure on the political representatives there, so that they understand the importance of not marginalizing economies like ours," he said.

"We want to move you away from simply being those persons who are looked at to send remittance to Jamaica. We want you to be a part of the productive capacity and enterprises within the country. We want you to own Jamaica. This land is yours and you must own it," he added.