Between France and CARIFORUM Sample Clauses

Between France and CARIFORUM. Based on the existing presence of French firms and the fact that many French firms will already have an operational presence and experience in neighbouring Martinique, Guadeloupe and French Guyana, opportunities for Joint Ventures should exist in the following sectors: - Hotels and catering, and subcontracted goods and services - Infrastructure construction and related supply services - Transport infrastructure construction, operation and maintenance - Consumer retail Opportunities with the French FCORs (DOMs / COMs) France is in the unique situation (also shared, to a lesser extent, by the UK and the Netherlands) to be a direct neighbour of the CARIFORUM countries through its DOMs and COMs. Map of French DOMs (Départements d’outre-mer) and COMs (Collectivités d’outre- mer) In theory, based on proximity, these French territories should have meaningful trade with neighbouring CARIFORUM countries. However the historic links with metropolitan France and the effect of past trade barriers are predominant, with only a small part of exports going to the Caribbean. As an example, only 3.3% of Guadeloupe’s exports go to the neighbouring OECS islands122. While the trade patterns have deep roots and will not change overnight, the fact that the exchanges are currently so low offers an opportunity for growth of trade and investment. France aims also to promote the broader economic integration of the DOMs / COMs in the Caribbean to broaden their economic base and reduce somewhat the dependency on transfers from metropolitan France. Some initiatives have started, with interesting opportunities being seen by SMEs in these French islands. The exchanges are being promoted by the organisation of trade fairs (Forum for trade with CARIFORUM countries in May 2007 in Guadeloupe, and delegations of business leaders from the French islands to Haiti in 2007)123. Also, through operations in Martinique and Guadeloupe, many larger French companies have experience operating in and out of Caribbean island environments and could be approached as trade and investment partners. 122 xxx.xxxxxxxxxxxxxxxxxxx.xx - Initiative for Guadeloupe’s regional integration. OECS comprises Antigua and Barbuda, St Kitts and Nevis, Dominica, Saint-Lucia, St Xxxxxxx, Grenada and Montserrat. 123 xxxx://xxx.xxxxxxxxxx.xxxx.xx/fr/pays-zones-geo_833/amerique-latine-amerique-centrale_1059/amerique- centrale_15028/france-les-antilles_62136.html
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