CARICOM and Cuba strengthen economic cooperation

GUYANA, November 9th, 2017.- The Second Additional Protocol to the Trade and Economic Cooperation Agreement  between the Caribbean Community (CARICOM) and the government of the Republic of Cuba was signed by the general secretary of the Caribbean Community, Irwin LaRocque and the Cuban ambassador to Guyana and permanent representative to the organization Julio César González Marchante, respectively, in the presence of the Ministers of Economy and Commerce of the entity, meeting on the occasion of the 45th regular session of the Council for Trade and Economic  Development (COTED), on November 9 and 10, in this capital.

The bilateral instrument initialed will allow establishing strategies to consolidate and strengthen the historical relations of economic cooperation between both parties. It expands the tariff preferences of more than 300 items for CARICOM and dozens of items for Cuba, while leaving normative issues updated.

This important action contributes to regional integration on the eve of the VI CARICOM-Cuba Summit to be held in Antigua and Barbuda next December 8, when 45 years of relations between the regional entity and the Caribbean island will be commemorated. (Cubaminrex-Embacuba Guyana)
 

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