GABORONE, Botswana, CMC—Bahamas Prime Minister Phillip Davis has held talks with President Mokgweetsi Eric Keabetswe Masisi, which the visiting head of presidency has described as a “important milestone in bilateral relations” between the 2 nations.
“Our productive discussions with President Masisi and his delegation have laid the groundwork for a stronger partnership between our nations. These initiatives mirror our dedication to mutual progress and underscore the huge potential for cooperation that advantages each our peoples,” mentioned Prime Minister Davis, who’s main a delegation to the African nation till March 22.
“The assembly, characterised by mutual respect and a shared imaginative and prescient for the long run, resulted within the announcement of a sequence of strategic initiatives and memorandums of understanding (MOUs) geared toward fostering cooperation throughout key sectors,” in response to a press release issued by the Bahamas delegation.
It mentioned {that a} centerpiece of this collaborative effort is the signing of an MOU between the Bahamas Agriculture and Marine Science Institute (BAMSI) and the Botswana College of Agriculture and Pure Sources.
“This settlement will improve academic exchanges and joint analysis in agricultural and marine sciences, contributing to the sustainable improvement of each nations.”
The assertion mentioned Prime Minister Davis has efficiently secured scholarship alternatives for Bahamian college students, demonstrating his authorities’s dedication to leveraging worldwide relationships to profit Bahamians.
Addressing crucial healthcare wants, Prime Minister Davis highlighted ongoing discussions with Botswana to discover fashions for assuaging the scarcity of nurses in The Bahamas, akin to profitable partnerships with nations like Ghana.
“This method underscores a dedication to bettering healthcare providers by means of exchanging data and assets,” the assertion mentioned, including that “on the desk for each nations is an financial cooperation of a proposed MOU between The Central Financial institution of The Bahamas and the Financial institution of Botswana.
“This partnership will facilitate the change of experience and know-how in Central Financial institution Digital Foreign money (CBDC), leveraging The Bahamas’ Sand Greenback and Botswana’s SmartBots initiatives to spur developments within the digital economic system.”
The assertion mentioned that the assembly additionally set the stage for partnerships between the monetary establishments of each nations, geared toward unlocking funding alternatives and diversifying monetary providers. Plans for joint conferences to discover collaborative monetary options had been mentioned, promising to strengthen financial ties additional.
In a transfer to boost cooperation within the digital economic system, the 2 nations agreed to collaborate on growing a regulatory framework for digital belongings.
“Drawing from The Bahamas’ expertise with the DARE Act of 2023, this initiative goals to bolster Botswana’s digital economic system methods and safe sturdy funding avenues.
“Furthermore, establishing a diamond depository in Grand Bahama was explored as a strategic initiative to facilitate Botswana’s diamond exports to the US. This collaboration entails the Grand Bahama Port Authority and the Freeport Container Port, aiming to boost commerce hyperlinks and foster financial cooperation.”
The assertion mentioned that the assembly between Prime Minister Davis and President Masisi has opened new avenues for collaboration, reinforcing the ties between The Bahamas and Botswana and setting a constructive trajectory for future cooperation and mutual improvement.
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