The Consulates Common of Barbados, Trinidad and Tobago, St. Vincent and the Grenadines, and Antigua and Barbuda, members of the Caribbean Neighborhood (CARICOM) Consular Corps, in partnership with the Caribbean Association of Investment Promotion Agencies (CAIPA) hosted the inaugural USA-Caribbean Funding Discussion board on Sept. 15 and 16 on the prestigious Marriott Resort in Instances Sq., Manhattan.
In line with a press release issued on Monday, way back to 2017, such a discussion board was mentioned by Bernadette Ambrose and CAIPA, however this landmark occasion solely took maintain final yr when it was first mooted as a Corps occasion, beneath then Chair Consul Common of Barbados Mackie Holder, in a gathering with Mayor Eric Adams final yr and initially slated for June, throughout Caribbean-American Heritage month and round celebrations to mark the 50th anniversary of the Caribbean Neighborhood, CARICOM.
Ambrose is chair of CARICOM At 50 Subcommittee (CARICOM Consular Corps NYC), and liaison for Overseas Direct Investments and Worldwide Commerce Promotions (The Americas & Canada), and Embassy of Saint Vincent and the Grenadines to the USA¦Everlasting Mission of Saint Vincent and the Grenadines to the OAS.
The assertion stated the discussion board introduced collectively authorities officers, funding promotion businesses, entrepreneurs, and enterprise leaders to discover funding prospects and talk about the alternatives for funding within the Caribbean area.
Over the course of two dynamic days, attendees engaged in networking classes and displays centered on the alternatives for funding for US traders, the assertion stated.
It stated the occasion additionally positioned a highlight on the potential for the Caribbean nationals residing in the USA to spend money on their respective homelands.
The occasion was opened by Ronald Theodore, CAIPA president and head of the Grenada Investment Development Corporation (GIDC) and CG Holder.
Distinguished audio system, together with representatives from the New York State Governor’s Workplace and the Workplace of the Mayor of New York Metropolis (NYC), “delivered insightful views on funding and collaboration between town of New York and the Caribbean,” the assertion stated.
Keynote audio system included Kenneth Bryan, Minister for Tourism & Ports, Cayman Islands, and chair of the Caribbean Tourism Group (CTO); in addition to E. Jay Saunders, Deputy Premier, Minister of Finance, Commerce, and Funding, Turks and Caicos Islands; Molly Bauer, Trade Growth Affiliate from the NY Governor’s Workplace representing Gov. Kathy Hochul; NYS Commissioner Jeanette Moy NYS Workplace of Common Providers representing Hochul; and NYC Commissioner Edward Mermelstein, NYC Mayor’s Workplace of Worldwide Affairs, representing Mayor Eric Adams.
“Invaluable inputs have been made by specialist officers of businesses such because the Caribbean Growth Financial institution, (CDB), IDB Lab, and USAID, who contributed their experience and views to the discussions, in addition to main traders within the area who spoke of their experiences and shared their success tales,” the assertion stated. “The occasion was a powerful success having achieved the specified targets of elevated visibility by US and Diaspora traders for Caribbean funding tasks.”
Consuls Common Holder, Jerome Andre Laveau (Trinidad & Tobago) and Rondy McIntosh (Saint Vincent and the Grenadines) “shared helpful insights across the potential to forge even stronger connections between the Caribbean Diaspora residing in the USA, their respective nations, and the Caribbean as a complete,” the assertion stated.
“The USA-Caribbean Funding Discussion board marks a major step. It displays the collaboration, dedication and resolve which are required amongst all our nations, governments, businesses, and other people for a brand new engagement and push worldwide to assist break the cycle of stop-start improvement of the Caribbean and is indicative of what will be achieved when all sectors come collectively,” Holder stated. “We should promote the immense and immeasurable collective skills, expertise, and assets of the area – and in so doing don’t undersell ourselves – and the easiest way is to take action collaboratively.
“The help from main regional establishments such because the CDB, USAID and IDB, and companies, underscored the significance of this inaugural occasion,” he added. “The Discussion board was wonderful, spectacular in maximizing one on one conversations with the testimonials from traders already working within the area a sign function.
“It has set the suitable tone and platform on which to construct out related occasions all through the diaspora and the thrill suggests there will probably be sensible desired outcomes – investments within the area,” he continued. “It was a very proud second to play a job within the historic discussion board and I applaud my fellow CGs for his or her help and resolve to see it come to fruition, our companions CAIPA and the excellent work of Bernadette Ambrose and Suzette Hudson who pulled all of it collectively.”
“The Caribbean is the brand new funding frontier. The Caribbean is the place you trip when you work. The Caribbean is the place the climate, the surroundings, the topography, and the funding panorama are all heat, pleasant, hospitable, and welcoming because the individuals who inhabit the area,” McIntosh stated. “We’re simply awaiting your curiosity to capitalize on the untapped alternatives and assets in our slice of paradise. The time to spend money on the Caribbean is now, and we await you with open arms.”
“The USA-Caribbean Funding Discussion board offered a superb alternative for the taking part CARICOM International locations to current their collective and particular person strengths as funding locations,” Laveau stated. “I am going away from the Seminar with a confidence that our attributes resembling political and social stability, near-shore location, ‘scholarization’ of our populations and furthermore, readiness to do enterprise, do the truth is distinguish us and make us engaging at this specific juncture and transferring ahead.
“Discussions introduced forth very insightful prescriptions for the attraction of capital from institutional traders in addition to the welcoming of diaspora capital- monetary and human,” Laveau added. “This is a wonderful platform for additional funding promotion by all of our nations and we count on to accentuate our encounters within the coming months. Wonderful end result!”
“This landmark occasion is just the beginning of renewed efforts by CAIPA to extend its partnership with a wider cross part of stakeholders together with regional and worldwide entities. This occasion marked a brand new period of engagement for CAIPA,” famous Ronald Theodore, CAIPA president.
The USA Caribbean Funding Discussion board served as “a robust catalyst for forging new connections and fostering partnerships, paving the way in which for a brighter financial future within the Caribbean,” the assertion stated.
For extra data, contact bambrose-black@embsvg,com or [email protected]
