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Wednesday, 11 May 2016

Ninth Caribbean-UK Forum produces tangible outcomes for region

The United Kingdom has reaffirmed its continued commitment to the sustainable development of the Caribbean region, pledging to increase development support over the next four years to the tune of £360 million (US$521 million) in grant-finance. The United Kingdom’s commitment to the Region was renewed during the Ninth UK-Caribbean Ministerial Forum, recently concluded in Freeport, Grand Bahama, The Bahamas. The Joint Communique emanating from the Forum, which was held under the theme, “Building a Stronger Partnership for Sustainable Growth and Development,” defines the broad-ranging areas collaboration, and includes, cooperation on global tax transparency, correspondent banking issues, renewable energy and health. The UK is keen on forging closer cooperation in the areas of economic growth and job creation, tackling crime and corruption, climate change and natural disasters management.

Source: caribbean360.com