Bahamas to offer 'highest binding tariff rates' possible

Tue, Dec 14th 2010, 10:00 PM

By NEIL HARTNELL

Tribune Business Editor

The Bahamas' initial goods (market access) offer to the World Trade Organisation (WTO) will submit the "highest binding tariff rates" possible in a bid to protect Bahamian manufacturers, this nation's chief negotiator has told Tribune Business, pointing out that "far more" small and medium-sized firms rely on the tariff structure for competitive advantage than many think.

Raymond Winder, the Deloitte & Touche (Bahamas) managing partner, told Tribune Business that Bahamian companies would have to radically alter their mindset once this nation acceded to full membership in the WTO, becoming proactive in both developing existi ...

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