PRESS RELEASE: Jamaica Secures CARICOM Approval for CET Suspension on Imports of Lithium-ion Batteries to Sustain Renewable Energy Growth
Kingston, Jamaica – The Ministry of Industry, Investment and Commerce (MIIC) is pleased to announce that the CARICOM Secretariat has authorised the suspension of the Common External Tariff (CET) in respect of the importation of lithium-ion batteries into Jamaica. This decision follows the intervention made by Senator the Hon. Aubyn Hill, Minister of Industry, Investment and Commerce at the 57th Meeting of the CARICOM Council for Trade and Economic Development (COTED) on November 27, 2023, and subsequent bi-lateral consultations between Jamaica and Barbados, and marks a pivotal development in...
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