Atg: Foreign affairs economist shrugs

The US has announced that Antigua & Barbuda and Barbados will lose their designations as a beneficiary developing country for the purposes of the generalised system of trade preferences (GSP).
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Senior Economist in the International Trade Division in the Ministry of Foreign Affairs Elliot Paige, in a release said this change in designation by the US would have little effect on Antigua & Barbuda.

"The loss of this particular trade preference will unlikely have a tremendous impact on exports, because the benefits have been minimal," he said.