The Trade Policy Committee of the PSOJ is chaired by Mr. Earl Jarrett, General Manager of the Jamaica National Building Society and an Officer of the PSOJ. The Vice-Chair is Ambassador Ellen Bogle of J Wray & Nephew. The PSOJ Trade Policy Committee has the challenge of facilitating a greater understanding of trade issues by its members, as well as analyzing and formulating the private sector’s position as it relates to regional and wider international trade. The Committee membership comprises stakeholders from the private and public sectors as well as the academia. The forum provides a space for reasoned and informed debate which can lead to greater understanding and provides the basis for constructive dialogue.
The Committee’s Objectives are:
- To keep abreast of the various trade policies/agreements which impact the local private sector and the country as a whole
- To create awareness within the private sector on trade policy issues
- To provide analytical and advisory services to members on trade policy issues
- To submit well researched negotiating positions to the government
- To ensure that the private sector is well represented at major trade negotiating meetings
- To forge alliances with other private sector interests in other trading blocs to further strengthen the sector's negotiating position
Historically, the local private sector has been involved in initiatives aimed at addressing the potential vulnerabilities associated with globalisation. However, as a consequence of major developments in the international and regional trade arena which directly impact our business environment, more active private sector participation is imperative. The private sector is now required to take a more active role in trade negotiations by liaising with the government and participating in the negotiating fora, so as to preserve the interests of local enterprises in both the local and international markets.