The Caribbean Community (CARICOM) and the African Union (AU) have signed a Memorandum of Understanding (MoU) to enhance effective cooperation and collaboration between the organizations.
According to a statement released by the Guyana-based CARICOM Secretariat today, the MoU was signed in the margins of the recently concluded 79th Session of the United Nations General Assembly in New York.
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It said that the MoU envisages the creation of a conducive environment for investment on the African continent and in the Caribbean region.
“In addition to promoting investments, the MoU seeks to deepen relations by creating platforms for closer people-to-people interaction and solidarity through initiatives including a diaspora volunteer exchange as a framework for associating people with development,” the statement added.
“The MoU also outlines modalities for cooperation and collaboration, information sharing, as well as its implementation.”
The MoU was signed by the CARICOM Secretary-General, Dr Carla Barnett, and the Deputy Chairperson of the African Union Commission, Dr Monique Nsanzabaganwa. CMC
