Great Economic Potential Between CARICOM And Africa – PM Holness

Prime Minister of Jamaica, the Most Hon. Andrew Holness (Photo via JIS)

(Jamaica Information Service Press Release) Prime Minister, the Most Hon. Andrew Holness, has highlighted the need for the strengthening of engagement between CARICOM and the African continent, noting that “great economic potential” exists between the regions.

The Prime Minister, who was addressing the inaugural CARICOM-African Summit, held virtually on Tuesday (September 7), noted that the African Continental Free Trade Agreement (AFCFTA) serves as an enabling environment for trade and investment opportunities across the regions.

“There is potential in the agro industry and logistic sector, and Jamaican companies have already invested in Africa. Opportunities also exist for scientific research, healthcare, technological innovation and digitisation, and tourism,” he said.

Mr. Holness further pointed to the solidarity that exists between the two regions in addressing issues such as development financing, debt sustainability, and climate change in various regional and international fora while working for deeper integration.

He hailed the African Union (AU) for its provision of access to coronavirus (COVID-19) vaccines and other “critical medical supplies” to Caribbean countries through the Africa Medical Supplies Platform (AMSP), noting that this “has been a game-changer for the continent and for us”.

Read more at: Jamaica Information Service

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