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First CARICOM-Mexico Summit opens

Feb 23, 2010 News

The first CARICOM-Mexico Summit opened yesterday, with hopes of strengthened relations and increase trade and investment opportunities.
“What we are witnessing here today is the result of an expressed intent to deepen and intensify the goodwill, friendship and spirit of co-operation that have characterised our relationship over the past 35 years, said Roosevelt Skerrit, Prime Minister of Dominica and CARICOM chairman.
In 1974, Mexico became the first country to establish a Joint Commission with CARICOM.
Skerrit said the agreement establishing that Joint Commission heralded the beginning of a mutually beneficial relationship which has manifested itself over the years in a number of ways.
“It is this mutual understanding that has prompted Mexico to seek a partnership with CARICOM, offering technical co-operation in a number of spheres, including research and development, human resource development and institutional building,” Skerrit said at the opening of the Summit in Cancun.
This longstanding partnership recently received a boost when, a few months ago in Mexico City, CARICOM countries, at the Fifth Meeting of the Joint Commission, signed a Final Act expressing commitment to fostering co-operation in a broad range of areas, including trade and investment, air and maritime transportation, financial services, security, health, energy and climate change among others.
Skerrit said that as developing countries and small vulnerable economies, Caribbean countries find themselves caught in a turbulent era battered by a series of hard-hitting economic punches and a multitude of fast curveballs in the environmental and social arenas.
“It is an environment which calls for innovation, creativity and a fresh approach to strategic thinking and which demands a renewed thrust, focus and energy in collaborative efforts to combat and minimise our vulnerability to these factors,” he stated.
The Summit focused on trade and development. Skerrit said commercial activity between the Caribbean and Mexico has been on the increase.
Also on the agenda was the climate change, an issue which is of tremendous importance to all countries.
“We recognise the efforts which Mexico has been making at the global level, and note with interest, its initiative for the establishment of a Green Fund. CARICOM looks forward to further dialogue on the proposal,” Skerrit stated.
Mexico will host the 16th Conference of the Parties of the Convention (COP16) in November 2010.

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