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Tongan turmeric powder headed to Austria! Island Women target $55 billion global botanical and herbal market

15th July 2024, Belmopan, Belize: In 2018, SIDS DOCK and the U.S. law firm Rivkin Radler signed a Memorandum of Understanding (MoU) to cooperate in the development of the regulatory framework to ensure there are no legal gaps, and that U.S. Food and Drug Administration (FDA) and other regulatory control bodies perspective and expectations will be met under the Pilot Initiative for the Development of a Global Sustainable Botanical/Herbal Supplier Market from SIDS.

They are also responsible for performing legal reviews of any structure-function claims proposed for ingredients and/or products to ensure no possibility of FDA legal action, Federal Trade Commission (FTC) legal action or consumer Class Action Lawsuits (CALS). This support will allow SIDS to sell herbal products, dietary supplements and cosmetics into the U.S. market, while maintaining compliance with the guidelines set forth by the FDA and the FTC.

During her virtual presentation, at the third meeting of the IWON Committee, held on 28th May 2024, in the margins of the Fourth International Conference on Small Island Developing States (SIDS4) in Antigua and Barbuda, from 27-30 May 2024, Nancy Del Pizzo, Esq., Senior Partner, Rivkin Radler LLP and IWON Committee Member, said the firm’s initial focus would be cyber security and protection of intellectual property which are critical facets. The ultimate goal would be to aid SIDS to access overseas markets ensuring regulations, laws and compliance guidelines for those markets and working closely with countries to ensure that gaps are closed within in-country systems.

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SIDS DOCK is a United Nations (UN)-recognised international organisation established in 2015, with all the rights and privileges for addressing climate change, resilience, and energy security in small islands. SIDS DOCK represents 32 small islands and low-lying developing states across the globe, and is so named because it is designed as a “DOCKing station,” to connect the energy sector in SIDS with the global markets for finance and sustainable energy technologies. The organisation’s work is coordinated by the Secretariat, in Belmopan, Belize.