Investments in private sector agriculture in the Caribbean are now more important than ever to achieve greater local production and increased intraregional trade, with the objective of reducing imports of these foods by 25%, said Dr. Carla Barnett, Secretary General of Caricom.
According to information published this Wednesday by the Guyanese press, during the recently concluded Caribbean Investment Forum, held in Georgetown, addressed that important topic and in that sense, Dr. Barnett meant that “Private sector investment in sustainable agriculture is now crucial to reinforce the advantages and address the challenges, especially since Beryl – the hurricane– has caused significant setbacks.”
Precisely, the region is involved in prioritizing investment through increasing the local production and greater intraregional trade with a view to next year, initiative headed by the President of Guyana, Dr. Irfaan Ali. In this regard, the top executive of the Caribbean Community (Caricom) added that the Nations in the area are prioritizing investments that are climate resilient and that integrate improved agricultural techniques to address the area's vulnerability to hurricanes, floods, droughts and rising sea levels.
Regarding food and nutrition security interventions, Dr. Barnett noted that until now these have been selective and deliberate. However, efforts are being made to find specialized capital funds for investment in various areas, including transportation, logistics, digitalization and research.
Active partnerships with the private sector and investments in these and other areas will generate new industries and support food and nutritional security, which will be of great benefit for current and future generations, she finally highlighted.
CubaPLUS Latinos
CubaPLUS Guyana
CubaPLUS Travel