GFA will be advising the local advisors on the Cayman Islands Government’s goal to create a “comprehensive Trade Development Framework” and identify opportunities to broaden Cayman’s network of reliable trading partners, while maintaining the security and continuity of critical imports. The work includes a comprehensive analysis of import costs to identify practical measures for reducing the cost of goods and key commodities that have the greatest impact on the cost of living. A Draft Trade Development Framework will follow about two months later, presenting detailed findings, recommendations and proposed strategies. “Our priority is to ensure that the process is inclusive, evidence-based and firmly grounded in Cayman’s circumstances,” he said. “The resulting Framework should provide practical, measurable recommendations to strengthen trade relationships, improve supply chain efficiency, identify new opportunities, support local businesses, and help address the cost of importing essential goods.