Commerce and Industry

Saint Lucia is a small developing country faced with major challenges as well as opportunities for growth.  The country has been experiencing slow growth in the last five years[2]. Preliminary estimates of 2008 indicate that real economic growth has declined to 0.7 percent, the lowest since 2002.[3] In light of changes in the global market, exports have declined.  The decline in export has impacted many sectors particularly the manufacturing sector.

In light of the potential that exists for economic growth, the Industrial Policy of Saint Lucia was developed to outline a broad framework for policy intervention aimed at stimulating growth in the manufacturing sector.   Consequently, the development of a National Export Development Strategy was also commissioned.  The strategy outlines at least ten (10) priority areas for exports for the period 2004 - 2008.  The priority export sectors are:-

1. Agriculture,
2. Architecture,
3. Arts and Entertainment,
4. Beverages, Chemicals,
5. Food (Agro processed products),
6. Information Technology,
7. Integrated Marketing and
8. Communications,
9. Nursing Services (Training), 
10. Tourism

Contact the Unit at 468 4238 for any queries.

Services

• Processing of Fiscal Incentives (Concessions & Tax Holidays)
• Trade Promotion/Exhibitions
• Trade License administration
• Market Development (local)
• Product Development
• Facilitation of Formation of Sector Organizations
• Capacity Building Workshops/Seminars