Evaluation of donor assistance to determine international competitiveness of major industries using alternative quantitative techniques, as part of global competitiveness survey, for Barbados, Belize, Dominican Republic, Guyana, Jamaica, St Lucia, St Vincent, and Trinidad and Tobago.

The PSA covers market access for traded goods, rules of origin, safeguard measures, dispute settlement, anti-dumping and countervailing duties, non-tariff barriers (NTBs) to trade, sanitary and phyto-sanitary measures, investment, land transportation, and the administration of the Agreement. Under its present provisions, it does not address either trade in services or customs administration and trade facilitation.

While the main focus of the negotiations are the enhancement of market access for goods traded between the two countries, there is also interest in joint production facilities that could provide Guatemalan businesses increased opportunities in the CARICOM market. For Belize the PSA could provide businesses with access to a market that has the relatively lower land transport costs than that of ocean freight costs associated with shipments to other markets, including that of other CARICOM member states. There is also an interest in reducing unregulated informal trade between the two countries, though the mechanisms though which this objective is to be achieved remains largely undefined.