According to Freeland, the least-developed countries of CARICOM should have a special arrangement in accessing this fund so that the small businesses within these economies will be able to utilise the fund, offsetting disadvantaged positions, retooling strategic objectives and ensuring survival in a competitive single market.

The Trade Affairs Officer also suggested that the fund can contribute to addressing issues in the agriculture sector.

"There is a need for infrastructural support and services for agricultural development. Already, Antigua and Barbuda is forging ahead realising the potential linkages between agriculture and tourism taking into account the decision made on pineapples for World Cup 2007. If funds can be allocated via investment capital for both the development of technology and the diversification of the agricultural economic base, then the resultant effects of the policy directives are likely to impact positively towards overall growth and development within the economy of Antigua and Barbuda," Freeland observed, speaking ahead of last week's High Level Retreat scheduled for OECS (Organisation of Eastern Caribbean States) officials in St. Lucia.

Mr. Freeland also noted that the December deadline for the Caribbean Single Market Economy should not hinder efficient discussion or decision making that would lead to greater benefits for the Eastern Caribbean states. One troubling factor for the twin island state is the removal of work permits by December 2005 as Antigua and Barbuda already has some 46% non-nationals employed.

Freeland told the meeting that the country simply needs an extension on the derogation granted some four years ago, so that the necessary infrastructure can be implemented.

"Antigua and Barbuda is not saying that we will not remove this restriction to allow our CARICOM brothers and sisters to move and work freely in our state. What we are saying is that time is needed to computerise and amalgamate the necessary Ministries to ensure that the CSME works effectively," he stated.

This also follows a similar request made by the Prime Minister, Baldwin Spencer, Minister of International Trade, at the Heads of Government Meeting in St. Lucia in July.