<\/p>\r\n\r\n\r\n\r\n
\u2013 Financial engineering.<\/strong> Strengthening technical, legal, and scientific support for businesses. Here again, the assessment is accurate: project engineering is the weak link, and entrepreneurs in the overseas territories spend more time preparing paperwork than actually producing goods.<\/span><\/p>\r\n Reorient and enhance tax incentives for investment toward sectors with a promising future, region by region. This is the practical implementation of the guiding principle set forth by Annick Girardin, former Minister for Overseas Territories.<\/span><\/p>\r\n Strengthening regional synergies and \u00abcooperation zones\u00bb to reduce import costs. Micheline Jacques, chair of the delegation, sums up the position: not to turn our backs on Europe, but to be able to source supplies from the nearby geographic region.<\/span><\/p>\r\n The\u2019<\/b><\/span>adaptation of European law.<\/strong><\/p>\r\n This is likely the most effective aspect. The delegation advocates invoking Article 349 of the TFEU to adapt the rules on waste recycling, the carbon border adjustment mechanism, and extended producer responsibility. Progress has already been made on construction materials, and negotiations with the Commission are underway ahead of the adoption of the 2028\u20132034 multiannual financial framework.<\/span><\/p>\r\n Apr\u00e8s le rapport Corbi\u00e8re Naminzo sur les in\u00e9galit\u00e9s syst\u00e9miques, la d\u00e9l\u00e9gation s\u00e9natoriale aux outre-mer publie ses vingt-et-une recommandations sur l\u2019avenir des fili\u00e8res \u00e9conomiques. Le diagnostic est juste, la m\u00e9thode revendiqu\u00e9e – la diff\u00e9renciation – est la bonne. Mais entre le mot d\u2019ordre et son contenu, le texte laisse appara\u00eetre une tension que Contretemps se<\/p>","protected":false},"author":33,"featured_media":93148,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":"","rank_math_focus_keyword":"","rank_math_title":"","rank_math_description":"","rank_math_canonical_url":"","rank_math_robots":"","rank_math_facebook_title":"","rank_math_facebook_description":"","rank_math_twitter_title":"","rank_math_twitter_description":""},"categories":[922],"tags":[],"class_list":["post-93146","post","type-post","status-publish","format-standard","has-post-thumbnail","category-le-regard-de-gdc"],"acf":[],"_links":{"self":[{"href":"https:\/\/antilla-martinique.com\/en\/wp-json\/wp\/v2\/posts\/93146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/antilla-martinique.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/antilla-martinique.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/antilla-martinique.com\/en\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/antilla-martinique.com\/en\/wp-json\/wp\/v2\/comments?post=93146"}],"version-history":[{"count":2,"href":"https:\/\/antilla-martinique.com\/en\/wp-json\/wp\/v2\/posts\/93146\/revisions"}],"predecessor-version":[{"id":93149,"href":"https:\/\/antilla-martinique.com\/en\/wp-json\/wp\/v2\/posts\/93146\/revisions\/93149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/antilla-martinique.com\/en\/wp-json\/wp\/v2\/media\/93148"}],"wp:attachment":[{"href":"https:\/\/antilla-martinique.com\/en\/wp-json\/wp\/v2\/media?parent=93146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/antilla-martinique.com\/en\/wp-json\/wp\/v2\/categories?post=93146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/antilla-martinique.com\/en\/wp-json\/wp\/v2\/tags?post=93146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
The report proposes exploring the creation of a public financial institution dedicated to financing overseas businesses, bringing together the Caisse des D\u00e9p\u00f4ts, the AFD, and other government agencies. The idea deserves serious consideration: the current fragmentation of service providers is in itself a barrier to entry, and a one-stop shop with its own guiding principles would be a game-changer for SMEs in our overseas territories.
<\/span><\/span><\/p>\r\nSupport.<\/strong><\/h3>\r\n
Differential taxation.<\/strong><\/h3>\r\n
<\/span>Regional integration.<\/strong><\/h3>\r\n\r\n\r\n<\/h3>\r\n
\u00abThe only solution is to differentiate.\u00bb<\/em><\/h2>\r\n
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\u2014 Annick Girardin, Senator from Saint-Pierre-et-Miquelon, former Minister for Overseas Territories<\/h3>\r\n
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Formula in which ANTILLA\u00a0<\/em> can only note this with satisfaction: it is, word for word, the position that the Territorial Collectivity of Martinique has been advocating for years in the debate on the powers granted under Article 73.<\/h3>\r\n<\/blockquote>\r\n
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A Thorn in the Side: The Mining Code<\/strong><\/h2>\r\n
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Yet, amid these measures, there is one recommendation that comes as a surprise. The report calls for an amendment to the mining code to revive hydrocarbon exploration, particularly in French Guiana. The Senate had passed a bill to that effect on January 29, 2026; the National Assembly rejected it in June.<\/span><\/h3>\r\n
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Let\u2019s recap what this is all about. The so-called Hulot Law of December 30, 2017, established a phased phase-out of hydrocarbon exploration and production on national territory by 2040. Reopening this issue in the name of development in the overseas territories raises a fundamental question that the report does not address: Does economic diversification consist of replacing one monoculture with another?<\/span><\/h3>\r\n
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Because the \u00aboverseas preference\u00bb argument backfires here. An offshore oil industry in French Guiana would be operated by international majors, financed by foreign capital, with its production destined for foreign markets and its tax regime negotiated in Paris. Structurally speaking, this is not a departure from the \u201cforeign-dependent economy\u201d\u2014it is simply its geological version. The fact that the same report also documents the climate vulnerability of our territories\u2014the cost of which has just been brought home by Hurricane Chido and the water crises\u2014adds to the unease.<\/h3>\r\n<\/blockquote>\r\n
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The point here is not to settle a debate that is primarily a matter for the people of French Guiana. The point is to note that \u00abdifferentiation\u00bb is not a value in and of itself: it all depends on what is being differentiated and for whose benefit.<\/span><\/h3>\r\n
\r\n\r\n<\/h3>\r\n
What the Report Doesn't Say<\/strong><\/h2>\r\n
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The first omission concerns profit margins. The report discusses production at great length but says very little about distribution. However, the commission of inquiry into retail margins and Opinion No. 26-A-1 of the Competition Authority have established that the integration of retailers into large, diversified conglomerates increases profitability to an extent that is difficult to estimate. Local production cannot be revived without addressing the issue of shelf space access and value capture downstream. This issue must be thoroughly examined.<\/span><\/h3>\r\n
\r\n\r\n<\/h3>\r\n
The second issue concerns land. Diversifying agricultural sectors requires available land and farms that can be passed down through generations. The report by the commission of inquiry, for its part, calls for a special land law to be enacted by 2040 and for the strengthening of the SAFERs. Without resolving land tenure issues\u2014such as joint ownership, land titling, and \u00abfifty geometric steps\u00bb\u2014\u201cfood sovereignty\u201d will remain nothing more than a conference slogan.<\/span><\/h3>\r\n
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The third issue concerns the dock dues. No domestic production strategy can succeed without tariff protection measures, and the ongoing reform of this system will be the key determinant. A report on the future of these industries that fails to address this issue overlooks its most powerful lever.<\/span><\/h3>\r\n
\r\n\r\n<\/h3>\r\n
TWO SENATE REPORTS, THE SAME CONCLUSION<\/strong><\/h3>\r\n
\r\n\r\n<\/h3>\r\n
Commission of Inquiry on Systemic Inequalities (Malet \/ Corbi\u00e8re Naminzo, June 30, 2026): 63 recommendations, including a 2028\u20132041 framework and programming law aligned with two European multiannual financial frameworks, a special land law to be enacted by 2040, and a Special General Office for Multidisciplinary Coordination (SGOM) reporting to the Prime Minister.<\/span><\/h3>\r\n
\r\n\r\n<\/h3>\r\n
Senate Delegation for Overseas Territories (Jacques \/ Girardin \/ Phinera-Horth): 21 recommendations on the future of these sectors\u2014a dedicated public financial institution, investment tax regimes tailored to each territory, regional cooperation zones, and invoking Article 349 of the TFEU.<\/span><\/h3>\r\n
\r\n\r\n<\/h3>\r\n
The point of convergence: uniform treatment leads to underdevelopment. The point of divergence: the first commission traces the causes back to colonial and historical factors; the second focuses solely on policy tools.<\/span><\/h3>\r\n
\r\n\r\n<\/h3>\r\n
For Martinique: Turning Words into Skills<\/strong><\/h2>\r\n
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What remains is the essential point, from a Martinican perspective. Two Senate reports released within a month both reach the same conclusion: a one-size-fits-all approach leads to underdevelopment, and differentiation is the only way forward. <\/i><\/h3>\r\n<\/blockquote>\r\n
This conclusion, reached by a former minister for overseas territories and a bipartisan delegation, is no longer an activist demand. It has become an institutional reality.<\/h3>\r\n
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It is now up to local governments to translate this into effective authority. The State-CTM framework agreement of July 1, 2026, the Corsican constitutional amendment of June 23, Corsica\u2019s associate membership in CARICOM, and the negotiation of the 2028\u20132034 multiyear financial framework\u2014together present a window of opportunity. It will not remain open for long.<\/h3>\r\n<\/blockquote>\r\n
\r\n\r\n<\/h3>\r\n
Legal scholars distinguish between statutory law and case law. When it comes to overseas development, we should also consider the law recommended<\/em> \u2014 that middle ground where, for decades, well-reasoned reports and plans that never came to fruition have been piling up. Twenty-one more recommendations. The issue is not their quality, which is undeniable. The question is who, in 2027, will have the will and the power to enshrine them in law.<\/span><\/h3>\r\n
\r\n\r\n<\/h3>\r\n
G\u00e9rard Dorwling-Carter\u00a0<\/strong><\/h3>","protected":false},"excerpt":{"rendered":"