Caribbean Export and DHL Sign MOU to Enhance MSME Competitiveness through E-Commerce and Logistics Capacity Building
Caribbean Export Development Agency (Caribbean Export) and DHL, a global leader in logistics, have signed a Memorandum of Understanding (MOU) to formalize a strategic partnership aimed at enhancing the capabilities of micro, small, and medium enterprises (MSMEs) in the Caribbean. The MOU establishes a framework for collaboration between the two organizations in areas such as e-commerce, logistics., and professional development, supporting MSMEs’ growth in the global marketplace.
The MOU underscores Caribbean Export’s commitment to fostering economic growth in the region by enhancing the skills and knowledge of MSMEs. Through this partnership, Caribbean Export and DHL will launch a series of initiatives designed to help MSMEs navigate the complexities of global trade, particularly in logistics and e-commerce.
Dr. Damie Sinanan, Executive Director of Caribbean Export, stated:
“This partnership with DHL is a significant step forward in our efforts to empower Caribbean MSMEs and equip them with the tools and knowledge they need to compete effectively on the global stage. By combining Caribbean Export’s deep understanding of the region’s business landscape with DHL’s international expertise in logistics and e-commerce, we can create transformative opportunities for MSMEs to expand their market reach and thrive in the digital economy.”
“At DHL, we take pride in our partnership with Caribbean Export, as it signifies a notable achievement in our efforts to foster economic growth and create better opportunities for SMEs. This partnership holds great significance in our journey to make a real difference in the lives of businesses in the Caribbean region.” said Mario de Silva, Country Manager of DHL Barbados.
Partnership Objectives
The MOU between Caribbean Export and DHL focuses on several key areas, including:
1. Capacity Building for MSMEs: Through collaborative initiatives, Caribbean Export and DHL will provide training and resources to help MSMEs overcome logistical challenges and leverage e-commerce opportunities.
2. Professional Development for Caribbean Export Staff: DHL will offer technical assistance to enhance the skills of Caribbean Export staff in logistics and e-commerce, enabling the agency to better support the region’s MSMEs.
3. Strengthening Training Modules: DHL will contribute its expertise to update and strengthen Caribbean Export’s ProNET (Productivity Network) training modules, ensuring that MSMEs receive relevant and up-to-date guidance.
4. Ongoing Collaboration: The MOU lays the groundwork for future cooperation between Caribbean Export and DHL, with the flexibility to introduce new initiatives that further support MSMEs in the Caribbean region.
First Activities Announced: Workshops on E-Commerce and Logistics
As part of this collaboration, Caribbean Export and DHL are pleased to announce the first two workshops under the MOU framework. These workshops, based on DHL’s GoTrade program ‘are designed to provide Caribbean MSMEs with practical insights into e-commerce and logistics:
Introduction to E-Commerce:
Date: 30th October 2024
Time: 11am – 1pm (AST)
This workshop will introduce MSMEs to the fundamentals of e-commerce, covering topics such as digital sales strategies, payment gateways, and creating an effective online presence.
The Art of Logistics:
Date: 11th November 2024
Time: 11am – 1pm (AST)
Focused on the critical role logistics plays in global trade, this workshop will guide MSMEs through the essentials of supply chain management, international shipping, and customs processes, ensuring businesses are well-prepared to deliver their products efficiently to global markets.
Both workshops will be facilitated by experts from DHL’s GoTrade program and are designed to provide actionable knowledge that MSMEs can immediately apply to improve their competitiveness and operational efficiency.
Link to the MoU Signing: https://www.facebook.com/share/v/4kVQNFbWUvGtQKeG/
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About Caribbean Export
The Caribbean Export Development Agency is the regional trade and investment promotion agency focused on accelerating the economic transformation of the Caribbean. Through export development and investment promotion initiatives, the agency works to improve the competitiveness of regional MSMEs and promote economic growth.
About DHL
DHL is the global market leader in the logistics industry, offering a broad portfolio of logistics services, including international express, freight transportation, supply chain solutions, and e-commerce logistics. DHL’s GoTrade program aims to simplify trade processes and help small businesses enter global markets.