Tuesday, June 25, 2024
spot_img
HomeBusinessEconomyBarbados - Curaçao to increase trade and investment relations

Barbados – Curaçao to increase trade and investment relations

BRIDGETOWN, Barbados, (BGIS) — Barbados will forge ahead with broadening its trade and investment relationship with traditional and non-traditional trading partners, including Caribbean countries and extra-regional partners.

Minister in the ministry of foreign trade, Sandra Husbands, shared this view with ambassador of the Kingdom of the Netherlands to Barbados, H.E. Sándor Marnix Raphaël Varga van Kibéd en Makfalva.

During a recent virtual meeting, both officials expressed their desire for a new paradigm in the relations between Curaçao and Barbados that would allow the peoples of both countries to benefit from an expanded programme of cooperation.

To this end, several initiatives were discussed to advance cooperation and investment in the areas of trade, air linkages, education and training, agriculture, science and technology, marine affairs, renewable energy, climate change, culture, tourism, and the management of natural resources.

The talks also focused on exploring possibilities in green energy and establishing a double taxation agreement and bilateral investment treaty between the two countries.

Minister Husbands observed that a multi-country engagement strategy with the European Union could be mutually beneficial to advance the effectiveness of development efforts by Caribbean small island developing states.

In turn, ambassador Varga van Kibéd en Makfalva indicated interest in the multi-country approach and in particular the future ventures between Barbados and Curaçao, aimed at deepening cooperation.

Senior foreign service officer with responsibility for the CARICOM/Caribbean Affairs Division, Sandra Gittens, proposed the establishment of a Joint Commission mechanism to provide the framework for the execution of bilateral initiatives and to further solidify the Barbados/Curaçao relationship.

Ambassador Varga van Kibéd en Makfalva agreed to put the proposal before his government.

Permanent secretary of the ministry of foreign affairs and foreign trade, Simone Rudder, and foreign service officer, William Clarke, were also in attendance at the meeting.

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

United States establishes economic diplomacy action group to bolster US competitiveness

By Caribbean News Global WASHINGTON, USA - Last week, President Biden signed a Presidential Memorandum establishing the Economic Diplomacy Action Group (EDAG), a new...

Global News

Africa offers attractive investment opportunities for Japanese firms, says ADB leaders

JAPAN / AFRICA - Africa presents a compelling investment destination for Japanese firms, with high growth potential and the African Development Bank's strong support...