Prime Minister Narendra Modi of India has announced a US$14M grant for community development projects in the Caribbean Community (CARICOM) and a US$150M Line of Credit for solar, renewable energy and climate- change related projects.
Prime Minister Modi also announced the establishment of the Regional Center for Excellence in Information Technology in Georgetown, Guyana and the Regional Vocational Training Center in Belize by upgrading the existing India-funded centers in these countries.
A joint CARICOM/India task force which will develop and implement concrete plans to further advance trade and facilitate diversification in the region is also to be established.
The announcements were made at the India-CARICOM Summit in New York on Wednesday 25 September, 2019. The Summit was held on the sidelines of the 74th United Nations General Assembly, and was co-chaired by Prime Minister Modi, and the Chairman of CARICOM, the Hon. Allen Chastanet, Prime Minister of Saint Lucia.
India also expressed support to specialised capacity-building courses, training and deputation of Indian experts based on the needs and requirements of the CARICOM countries. PM Modi invited a Parliamentary delegation from CARICOM to visit India in the near future, a release from the Ministry of External Affairs of India said.
Funding for resilience against climate change, human resource development and health were…
