US Rekindles Focus on Caribbean – Pres Ali – Demerara Waves Online News – Guyana

President Irfaan Ali and Senior Vice President; President William A. Schreyer; Director, Prosperity and Development Project; and Director of the Americas Program at the Center for Strategic and International Studies (CSIS) in Washington DC, Daniel F. Runde

Guyanese President Irfaan Ali says the United States has begun to end decades of ‘neglect’ of the Caribbean, with a $2 billion line of credit available to the Caribbean Community (CARICOM) as evidence of a tangible move towards reclaiming China’s influence in the region.

“I mean, look at this this week here; we were able to accomplish some very strategic things. Some things are historical. Today we signed a MOU (Memorandum of Understanding) with EXIM Bank. And if you look, sometimes we look at it closely, … if you look at EU funding and US funding, you can actually compete and outperform the competition, but the information is not there “, did he declare.

The $2 billion offering would primarily be used to fund primarily government projects and would also facilitate U.S. private sector investment in Guyana.

The Guyanese leader said that after the June 6-10 Summit of the Americas in Los Angeles, California, where the US government was again encouraged to become more aggressive in Latin America and the Caribbean, there was a obvious change in Washington’s position towards the Caribbean Community (CARICOM). “After the Summit of the Americas, I can say that there was a huge movement to rectify this,” he said, adding that three subcommittees, co-chaired by the United States and CARICOM, were created to focus on the region’s priorities.

“I think the United States, and they did with the leadership, recognize that there was a reset that was needed and I’m very confident here that this reset process has begun. The level of seriousness and priority given to the region has been revived and we hope this can continue in an aggressive manner,” he said.

He told an interactive forum at the Washington D.C.-based Center for Strategic and International Studies (CSIS) that Guyana’s Caribbean-Caribbean relationship with China is largely about gaining support for its development priorities and projects. development. He said that at the Summit of the Americas held last April, concerns were expressed about the declining priority the United States had given to the Caribbean. “There is a big opinion in the region – and this was before the Summit of the Americas – that there has been some neglect for the CARICOM region by the United States and this has been officially raised,” said he declared.

Senior Vice President; President William A. Schreyer; Director, Prosperity and Development Project; and CSIS Americas Program Director Daniel F. Runde that a study conducted 18 months ago shows that the United States “simply neglects the Caribbean.” He commended Guyana for participating in the Summit of the Americas when there was uncertainty about the participation of a number of Caribbean leaders.

The president said Guyana and the United States were also working closely together on security, not least because of his country’s geographic location.

Opposition Leader Aubrey Norton has since said he does not expect the Irfaan Ali-led administration to deliver on its promises of shared prosperity, inclusive growth and transparency made in the United States.

The United States has provided millions of dollars in vaccines and other supplies to help fight COVID-19, cushion the impact of annual storms, and fight transnational crimes such as drugs, weapons, corruption , people smuggling and human trafficking.

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