CARICOM, African Exim bank sign pact

Guyana’s Minister of Foreign Affairs Hugh Todd signing the pact under the watchful eyes (from right) of Barbadian Prime Minister Mia Mottley;  President of the bank, Professor Benedict Oramah; President Irfaan Ali and Minister of Finance Dr Ashni Singh. (Office of the President photo)
Guyana’s Minister of Foreign Affairs Hugh Todd signing the pact under the watchful eyes (from right) of Barbadian Prime Minister Mia Mottley; President of the bank, Professor Benedict Oramah; President Irfaan Ali and Minister of Finance Dr Ashni Singh. (Office of the President photo)

President Irfaan Ali on Tuesday oversaw the signing of an agreement for the establishment of a partnership between the Caribbean Community (CARICOM) and the African Export-Import Bank (Afreximbank). The signing was held at the Cheddi Jagan International Airport, Timehri.

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.

Prime Minister of Barbados,  Mia  Mottley and Guy-ana’s Senior Minister within the Office of the President with responsibility for Finance,  Dr Ashni Singh also witnessed the signing of the agreement.

The agreement aims to facilitate cooperation, support and provide assistance of all types to enable the promotion and financing of South-South trade between African countries and Member States of the Caribbean Community.

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.