Caribbean Community (CARICOM) member countries would appear to be positioning themselves to undertake what many will regard as a belated but, nonetheless, positive step forward in pursuit of the region’s long talked-about closer regimen of business ties with Africa, arising out of the recent launch of the Caribbean branch of the African Export-Import Bank (Afreximbank) in Barbados. The new facility which is intended to provide support for the implementation of hoped-for closer economic and business ties between the Caribbean and Africa and which will be based in Barbados, is intended to provide practical support for the implementation of a recently concluded partnership agreement between the Bank and CARICOM member countries to help facilitate an enhanced level of trade and investment relations.
