Can the Caribbean avoid being caught up in the accelerating east-west struggle for global influence? Is the region likely to find itself in a bidding war, ‘dancing to the rhythm of dollar diplomacy’, as Jamaica’s former Prime Minister, Bruce Golding, has suggested?
Reading the communiqué from the recently held G7 summit, it is hard to avoid the conclusion that the consensus arrived at by wealthy western nations on relations with China and Russia, the promotion of shared values, and investment in post pandemic economic recovery, will not be used to attempt to seduce the region.
Although the meeting held in England’s far Southwest touched on multiple issues, it is the future approach agreed towards China and its Belt and Road Initiative, and on corporate taxation which will likely become the most complex future issues that Caribbean governments must now respond to.
