Caribbean Community (CARICOM) leaders open a two-day intersessional summit in Dominica Thursday with the state of regional economies high on the agenda.
They regional leaders will be meeting with the President of the World Bank, Robert Zoellick, the President of the Inter American Development Bank (IDB), Luis Alberto Moreno, and the Managing Director of the International Monetary Fund (IMF),Dominique Strauss-Kahn.
CARICOM Secretary General Edwin Carrington hopes the officials will identify new and viable approaches to the dealing with economic matters, including the debt burden of those member states that do not now qualify for concessionary debt reduction following their graduation from middle income status.
The status of implementation of the CARICOM Single Market and Economy (CSME) is also among the main items on the Dominica agenda, as well as CARICOM’s continued support to Haiti that was devastated by a powerful earthquake on January 12, killing more than 300,000 people and leaving more than one million others homeless.
Haiti's President Rene Preval, who met with United States President Barack Obama in Washington on Wednesday, will join the talks on Friday.
The leaders will also discuss the state of negotiations for a CARICOM-Canada Trade and Development Agreement; the status of implementation of the CARIFORUM-EC Economic Partnership Agreement and the renewal of the Caribbean Basin Trade Partnership Act.
Prime Minister Patrick Manning of Trinidad and Tobago is among five leaders absent from the discussions. The others are the leaders of Belize, St. Vincent and the Grenadines, Suriname and Montserrat.
They have not given any official reason for not attending.
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Jai & Sero
Our family at home in Toronto 2008
Amit, Heather, Fuzz, Aj, Jiv, Shiva, Rampa, Sero, Jai
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