G20 to integrate Caribbean into global value chain

By Michelle Nurse On Apr 17, 2015

Minister of Finance and Planning, Dr the Hon. Peter Phillips engages in discussion with Assistant Director for the Caribbean Division Western Hemisphere Development, at the International Monetary Fund (IMF) (right), prior to the meeting of the first Caribbean Regional Dialogue with members of the G-20 Development Working Group. At left is Governor of the Bank of Jamaica, Brian Wynter. (Photo by Derrick Scott via Jamaica News) — Minister of Finance and Planning, Dr the Hon. Peter Phillips engages in discussion with Assistant Director for the Caribbean Division Western Hemisphere Development, at the International Monetary Fund (IMF) (right), prior to the meeting of the first Caribbean Regional Dialogue with members of the G20 Development Working Group. At left is Governor of the Bank of Jamaica, Brian Wynter. (**Photo by Derrick Scott via Jamaica News**)

WASHINGTON, DC, – Member countries of the Caribbean Community (CARICOM) concluded their inaugural meeting with members of the G20 Development Working Group (DWG) in Washington DC on Monday, and welcomed the implementation of DWG and other G20 commitments noting that this will strengthen the development outcomes from these initiatives.

In a communiqué following the meeting, Participants underscored the importance of focusing on access to energy for all within the G20 energy agenda, on promoting better integration of Caribbean countries into the global value chains and on establishing sustainable food systems along with reducing food losses and waste within the G20 agriculture track.

“We held an informative and wide-ranging discussion on how Caribbean countries can more directly benefit from the 2015 DWG policy priorities, each of which offers potential to help policy makers in Caribbean countries to develop practical solutions to some of their most acute development challenges.