Group Title: CARIFESTA Newspaper Clippings
Title: Barrow sees Carifta as region's main hope
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 Material Information
Title: Barrow sees Carifta as region's main hope
Series Title: CARIFESTA Newspaper Clippings
Physical Description: Book
Publisher: Guyana Graphic
Publication Date: 8/21/1972
Subject: Carifesta (1st : 1972 : Guyana), Festivals - Caribbean Area
Caribbean   ( lcsh )
Spatial Coverage: South America -- Guyana -- Georgetown
Funding: Support for the development of the technical infrastructure and partner training provided by the United States Department of Education TICFIA program.
 Record Information
Bibliographic ID: CA00199758
Volume ID: VID00001
Source Institution: Caribbean Community (CARICOM) Secretariat
Holding Location: Caribbean Community (CARICOM) Secretariat
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: CARIFESTA I 1972

Full Text

Barrow sees Carifta

as region's main hope

BADOS: Prime Minister
Errol Barrow has ex-
pressed the view that
the main hope in solving,
common economic prob-
lems in the Caribbean
lies in the regional trade
pact Carifta, launched
April 30, 1968.
In a message published in
the first issue of the 'Barba-
dos Manufacturer,' a bi-
monthly publication of the
Barbados Manufacturers' As-
sociation just released in
Bridgetown, Mr. B a r r o w
said the solutions to "our
common problems-lay not
in competition with one an-
other, but in closer co-,
"In Carifta lies our chief
hope. It is in our interest to
strive for its success," he
Mr. Barrow said Barbados
and other Caribbean coun-
tries depended to a large ex-
tent on the production and
export of a single crop.
He added however that
the numerous problems as-
sociated wi~h mono-cultures
indicated the need for the
region to aim at diversified
economic structures and-to
pursue appropriate integra-
tion policies to foster-a com-.
mon interest.
The Prime Minister said
Caribbean governments had

acknowledged that need
when they formed the Carib-
bean Free Trade Association,
which came into being May
1, 1968.
Dealing with the econo-
mic situation in the island
Mr. Barrow said his Gov-
ernment's intention was to
promote the expansion of
the manufacturing sector.
During the past decade,
he said, manufacturing on
the island, which .became
independent November 30,
1966, had increased its con-
tribution to the gross domes-
tic product (GDP) from $10
million (five million US)
in 1960 to $21 million
($101/2 million US) in 1968.
The publication also con-
tained a message from the
former Minister of Trade,
Mr: George Fergusson.
In his message Mr. Fer-
gusson noted the import-
ance of Carifta to the eco-
nomic and social develop-
ment of the Caribbean.
"Two years have gone by.
since the formal signing of
the Carifta agreement, and
I think I am justified in
saying that many events
within the period have
strengthened the faith of
those who saw the signifi-
cance of the agreement for
the benefit of the Common-
wealth Caribbean territor-
ies", the minister said.

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