J’can senior executives to discuss Britain’s divorce from the EU

Added: 04 Feb 2018

The Sunday Observer

February 4, 2018


Leaders-to-Leaders will on Wednesday, February 7, host a panel discussion on ‘Brexit: Implications for Jamaica’, at the Jamaica Pegasus hotel, Kingston. It features senior executives from the private and public sector, including the diplomatic corp.

After more than 40 years of having a very close political and economic relationship, British voters in 2016 told their politicians, and by extension the world, they wanted a divorce. As with all divorces, there are unintended consequences in which some uninvolved parties are sure to get hurt. Such is the case with countries, though outside of the EU-UK borders will be impacted by the break-up.

Leaders-to-Leaders Speaker Series has invited a group of senior executives from the private and public sector, including the United Kingdom’s High Commissioner to Jamaica, Asif A Ahmad, to meet for a candid discussion on ‘BREXIT: implications for the aid, trade, and direct foreign investments in Jamaica’, and to some extent the wider Caribbean region.

Among the executives invited is to participate in the talks is Ambassador Marcia Gilbert-Roberts, permanent secretary in the Ministry of Foreign Affairs and Foreign Trade. Ambassador Gilbert-Roberts’s presentation will centre on what will happen to the vitally important Economic Partnership Agreement forged between the 28-member (soon to be 27) European Union and Cariforum countries.

Joining Ambassador Gilbert-Roberts is Gillian Wilkinson McDaniel, senior director of entertainment in the Ministry of Culture, Gender, Entertainment, and Sport. McDaniel notes, in the context of Jamaica’s Culture-Creative Sectors’ (JCCS) importance to Jamaica’s economic growth, “my talk will focus around market access/’free movement’ for creative practitioners, and other opportunities and challenges for the creative community post-Brexit”.

In the UK, data are showing that Brexit has begun to negatively affect the country’s Cultural and Creative Sectors. In fact, there are data from EU countries suggesting that there is a decline of foreign investments in the UK and of exports in goods and services to the UK in 2016, which certainly would include those classified as CCS. It is in this context Gillian’s talk might provide some sobering reasons why those in Jamaica’s cultural and creative sectors should be very concerned and pay careful on the impact of Brexit, particularly as it relates to policies relating to how cultural-creative goods and services are treated when entering the UK market post-Brexit.

Delroy Morgan, founder/chief event planner, said: “A discussion on Brexit from our perspective is necessary to assess the potential risk/impact on existing/future aid and trade regimes between Jamaica and the EU/Britain. Make no mistake, accompanying Brexit will be unexpected market volatility far beyond the EU/UK border, which small developing economies such as Jamaica must mitigate against, for at least the next five to 10 years.”

Source: http://www.jamaicaobserver.com/news/j-8217-can-senior-executives-to-discuss-britain-8217-s-divorce-from-the-eu_124377?profile=1373


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