Saint Lucia: PM Philip emphasises strengthening economic ties at ACTIF 2023

Saint Lucia: Prime Minister Philip J Pierre recently attended the AfriCaribbean Trade and Investment Forum, or ACTIF 2023. He delivered the special remarks at the Summit and discussed strengthening its economic ties with other nations.

Reportedly, the AfriCaribbean Trade and Investment Forum was held Yesterday. The Summit was held under the theme of Creating a Shared Prosperous Future, organised by Afrexim Bank. 

It was held in Georgetown, Guyana. The Government of Guyana proudly welcomes delegates to the second annual AfriCaribbean Trade and Investment Forum. It is a two-day summit held from October 30-31, 2023.

Yesterday’s ACTIF 2023 Summit was based on recognising the Role of the Africa Business Council in fostering Business relations and Trade between Africa and CARICOM Private Sector Organizations. 

The Summit provided the CARICOM nations with the opportunity to undertake development in different sectors, including Agriculture and Agribusiness, Fisheries and Aquaculture, Tourism and Renewable Energy, etc. 

The Summit was also based on empowering the private sector in both regions, including SMEs, Women and Youth, to enable the environment, regulatory frameworks, and investment in Maritime transport and Airlinks.

Prime Minister Philip J. Pierre delivered the special remarks at the Summit. He recognised the nation’s potential to strengthen economic ties and robust trade and investments. 

He added, ” “We all recognise the immense potential that lies in strengthening economic ties for robust trade links and investments and tapping into shared markets, especially in developing markets such as technology and renewable energy.” 

Prime Minister Philip further ensured Saint Lucia’s commitment to fostering Cultural and educational exchanges. This aims to bridge the nation’s heritage and history, while building solid partnerships between academic institutions for knowledge transfer and research.

Reportedly, the Focused aspects of the ACTIF 2023 were areas for B2B engagements and panel discussions. They include:

. Accelerating industrialisation and manufacturing capacity

. Creating conditions to accelerate private sector investment

. Improving infrastructure, financing and trade logistics

. Developing special economic zones and industrial parks

. Promoting trade, tourism and regional integration

. Improving agricultural productivity and agribusiness