On Thursday 20th of September 2012, the SVG EPA Implementation Unit (EPAIU) would be signing a Memorandum of Understanding (MoU) with the Business Support Organizations (BSOs). This historic signing of the MoU is to further the collaboration in the implementation of the CARIFORUM-EU Economic Partnership Agreement (EPA). The objective of the MoU is to mutually facilitate the implementation of the EPA and to ensure that the private sector is better positioned to enhance their capacity and competitiveness to take advantage of the opportunities in the Agreement. The parties would endeavour to:

1) Formalize the relationship into a structured partnership between the Parties;

2) Share resources in conducting market intelligence in markets of interest to stakeholders ;

3) Share resources and information and collaborate in organizing trade promotions;

The MoU would be signed between the SVG EPA Implementation Unit (EPAIU), Invest SVG, the St. Vincent and the Grenadines Chamber of Industry and Commerce (SVGCIC), the National Development Foundation (NDF), the Centre for Enterprise Development (CED), the SVG Coalition of Services Industries (SVGCSI) and Youth Business SVG.