News from the Turks and Caicos Islands for
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CSME high on the agenda for COTED meeting
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| Published on Tuesday, November 25, 2008 |
Email To Friend Print Version | The twenty-sixth meeting of the Council for Trade and Economic Development (COTED), opened in Guyana on Monday, and Caribbean trade ministers believe that the CARICOM Single Market and Economy (CSME) will significantly aid in the region’s efforts to tackle the global financial crisis.
Minister of Foreign Affairs and Foreign Trade of Barbados and Chairperson of the two-day meeting, Senator Maxine McLean, said that the crisis demands that the region collectively seek ways to manage the challenges, “which in many ways are parallel to the worst the world has encountered in modern history”. McLean said that she had confidence in the region’s toughness.
“While the immediate future appears challenging, I have confidence in the resilience of our region which, in its 35 years as a community has weathered external shocks and at the same time forged resolutely ahead with deeper integration,” the Minister said.
Meanwhile, Minister of Foreign Trade and International Cooperation of Guyana Henry Jeffrey, also made reference to the crisis, pointing out that the current global scenario indicated that the successful realization of the CSME must continue to occupy a critical place in trade and integration efforts and that it must be given the highest priority. | | | | Reads : 336 |
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