Country Profiles FMCG
With more than 1,000 insight-rich pages covering 81
countries and territories, Country Profiles offer
current and comprehensive business information, from
local laws and taxes to political and market
conditions Make them part of your smart trade
language: English (Bajan, an English-African dialect,
is widely used) Prime minister: David Thompson
With a multi-million dollar food import bill
that keeps spiralling, Barbados is placing more
emphasis these days on agriculture.
The primary objective is to grow more of what it
consumes. Overall local food production was up
1.6% in 2008.
Aquaculture and fish farming are also being
targeted in the revival of Barbados agriculture.
Genuine aquaculture farmers are to be given
access to the same types of incentives and
capital as other farmers.
To support fish farming, duty-free concessions
are coming for imports of live fish and
fingerlings and live crustaceans intended for
breeding or rearing for food. The concessions
will also apply to machinery, equipment and
chemicals for aquaculture, mariculture and
Barbados Cotton Industry
Efforts are also underway to successfully
re-develop the Barbados sea-island cotton
industry, primarily to form the basis for the
redevelopment of an indigenous Barbados garment
The eastern Caribbean nation of Barbados has seen tourism overtake the export of sugar as its main revenue earner.
Known for its beaches and cricket - its national sport - the former British colony has a dual heritage: English - evident in its stone-built Anglican churches and Saturday race meetings - and African, reflected in its music and dance.
Barbados is one of the more populous and prosperous Caribbean islands. Political, economic and social stability have given it one of the highest standards of living in the developing world.
It is a centre for financial services and has offshore reserves of oil and natural gas.
In recent years a construction boom has taken hold, with new hotels and housing complexes springing up. The trend accelerated as the island prepared to host some of the key Cricket World Cup matches in 2007.
However, a shortage of jobs has prompted many Barbadians - more often known as Bajans - to find work abroad. The money that they send home is an important source of income.
Most Barbadians are the descendants of African slaves who were brought to the island from the 17th century to work the sugar cane plantations.
Limestone caverns, coral reefs and a warm climate tempered by trade winds are among the island's natural assets. Barbados is relatively flat, with highlands in the interior.
Barbadians enjoy full freedom of expression. This is reflected in the media, which is free of censorship and state control and often criticises the government.
All newspapers are privately-owned, and there is a mix of private and public radio stations.
Although the country's sole television station is run by the government-owned Caribbean Broadcasting Corporation, it presents a wide range of political views. The CBC also operates MCTV, a multi-channel and pay-TV service.