The European Union is financing a project aimed at enhancing the competitiveness of small-scale coconut farmers by identifying market opportunities, creating synergies between national and regional programmes and improving access to advisory services for improved production.
The Caribbean Agricultural Research and Development Institute (CARDI) in partnership with the Geneva-based International Trade Centre (ITC) and the EU are implementing the Euro3.5 million (One Euro=US$1.29 cents) project.
Full Story: Jamaica Observer/CMC
Guyana President Donald Ramotar calls for debt relief, access to concessionary financing for CARICOM Member States as he addresses UN’s General Assembly debate Friday:
Ironically as we discuss the post 2015 development agenda, many CARICOM countries are being graduated from eligibility for concessional financing since they are classified as middle income, based on the narrow measure of GDP per capita.
In addition, many of these countries are heavily indebted as they must make unavoidable investment in building and rebuilding social, economic and productive infrastructure, to strengthen their resilience.
We call on the international community to reconsider this approach by adding a vulnerability index to the equation. We also call for debt relief as the debt accumulated by most of these countries, make their economies unsustainable.
Secretary-General Ambassador Irwin LaRocque congratulates Hon. Gaston Browne, Prime Minister of Antigua and Barbuda and Chairman of CARICOM following his presentation to the 69th Session of the UN General Assembly, Thursday.
Prime Minister Browne in his statement, addressed a major concern for CARICOM Member States:
…international institutions must be urged to stop penalizing small Caribbean States on the basis of the flawed per capita income criterion. Our countries are denied access to concessional financing because we are classified as middle income countries.
This obdurate attitude from the international financial institutions, in not devising better criteria for assessing the eligibility of small economies for concessionary financing, forces us into the commercial lending market. The consequence of this is that our debt is rising, and many of us are among the most heavily indebted countries in the world on a per capita basis.
But I ask, what is the alternative? Rhetorically I ask again, what is the alternative?
Secretary-General Irwin LaRocque and President Donald Ramotar of Guyana at the United Nations Secretary General’s Climate Change Summit at UN Headquarters, NY, on Tuesday 24 September 2014
The world is watching, and all eligible CARICOM Member States will be attending and presenting issues of regional importance to the 69th Session of the United Nations General Assembly.
24- September to 1- October
Read more to see speaking times for CARICOM Member States.