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IMPLICATIONS OF BREXIT A BUSINESS PERSPECTIVE

IMPLICATIONS OF BREXIT A BUSINESS PERSPECTIVE. BREXIT – IT’S NOT A JOKE. BREXIT BACKLASH. British Pound has depreciated by over 10%. £ at Lowest Value in 31 Years. UK’s Credit Rating Downgraded. Wiped $2 Trillion off Global Stock Markets. CONTRIBUTION OF REMITTANCES TO GDP (%). 16.7

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IMPLICATIONS OF BREXIT A BUSINESS PERSPECTIVE

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  1. IMPLICATIONS OF BREXIT A BUSINESS PERSPECTIVE

  2. BREXIT – IT’S NOT A JOKE

  3. BREXIT BACKLASH British Pound has depreciated by over 10% £ at Lowest Value in 31 Years • UK’s Credit Rating Downgraded • Wiped $2 Trillion off Global Stock Markets

  4. CONTRIBUTION OF REMITTANCES TO GDP (%) 16.7 (2015) JAMAICA 21.2 (2009) HAITI 17.3 (2009) GUYANA 8.6 (2009) GRENADA

  5. TOP 10 EXPORTS FROM CARICOM TO THE UK Sugar and sugar confectionary Mineral fuels, oils, distillation products, etc Edible fruit, nuts, peel of citrus fruit, melons Beverages, spirits and vinegar Organic chemicals Fish, crustaceans, molluscs, aquatic invertebrates Edible vegetables and certain roots and tubers Vegetable, fruit, nut, etc food preparations Plastics and articles thereof Articles of apparel, accessories, knit or crochet In 2015, CARICOM exported US$476.19 million to the UK, which was 15.9% lower than 2014

  6. THE FACES OF CARIBBEAN EXPORTS

  7. THREAT TO TOURISM Tourism is a significant contributor to GDP The tourism sector is a significant contributor to FX The Caribbean is a prime destination for UK Visitors Doctors Cave Beach – Photo Credit - http://www.doctorscavebathingclub.com/gallery.html

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