CARICOM, African Export-Import bank establishes partnership

The Caribbean Community (CARICOM) and the African Export-Import Bank (Afreximbank) on Monday signed an agreement for the establishment of a partnership between the two entities.

The agreement aims to facilitate cooperation, support and provide assistance of all types and nature, to enable the promotion and financing of South-South trade between African countries and CARICOM member states, a Facebook post from the Office of the President noted.

The signing was overseen by President Dr Irfaan Ali; Finance Minister, Dr Ashni Singh and Prime Minister of Barbados, Mia Amor Mottley at the Cheddi Jagan International Airport (CJIA).

The agreement was signed by Guyana’s Minister of Foreign Affairs and International Cooperation, Hugh Todd and the President of the bank, Professor Benedict Oramah.

Before the signing of the agreement, a Guyanese delegation led by President Ali and a Barbadian delegation led by Prime Minister Mottley met with a team from Afreximbank.