President Biden and Vice President Harris met yesterday with leaders of the Caribbean Community (CARICOM) and the Dominican Republic at the Ninth Summit of the Americas to develop a plan to accomplice in addressing the distinctive vulnerabilities and pressing financial challenges going through these international locations, that are going through overlapping financial challenges stemming from the COVID-19 pandemic, the affect of local weather change, meals and power insecurity, and lack of entry to financing. Seized with these challenges, President Biden and Vice President Harris dedicated to working with CARICOM and the Dominican Republic to kind three high-level committees tasked with growing speedy and concrete, joint, and near-term options.
Building on Vice President Harris’ April 29, 2022, assembly with these Leaders, the United States launched the U.S.-Caribbean Partnership to Address the Climate Crisis 2030 (PACC 2030) to facilitate renewable power infrastructure improvement, together with by growing entry to financing, and to bolster the area’s resilience to local weather based mostly pure disasters. The joint effort will facilitate collaboration between the U.S. non-public sector and Caribbean firms to assist renewable power infrastructure challenge improvement from idea to financing, together with via technical help and blended finance instruments to create Caribbean fairness in power initiatives. Under PACC 2030 and as half of the Americas Partnership for Economic Prosperity, the United States will work with worldwide monetary establishments to develop monetary instruments that reply to the Caribbean’s distinctive challenges, together with by exploring options to the World Bank’s nationwide revenue standards for eligibility to concessional or grant financing.
In addition to the Caribbean’s vulnerability to pure disasters, rising worldwide debt, and out-migration, meals and diet insecurity is on the rise with roughly 67.5% of the inhabitants experiencing average or extreme meals insecurity. To deal with these challenges, the United States and CARICOM will launch a Caribbean Zero Hunger Plan to advertise meals and diet safety in the Caribbean. President Biden additionally introduced the United States will present $28 million in new meals safety help to Caribbean international locations.
The leaders mentioned the must strengthen safety cooperation and engagement, together with countering small arms trafficking. The United States and Caribbean international locations reaffirm longstanding cooperation on core Caribbean Basin Security Initiative (CBSI) priorities and broader engagement complementary to CBSI, akin to combatting trafficking in individuals, cybersecurity, and cybercrime. The United States and CARICOM member states assist the improvement of nationwide motion plans to counter firearms trafficking, as half of the firearms precedence actions and roadmap implementation course of. These nationwide motion plans may help the United States extra successfully tailor our assist to CARICOM member international locations, to deal with particularly the provide and movement of unlawful handguns and assault weapons trafficking all through the area. The leaders additionally applaud the work of CBSI international locations and CARICOM Implementation Agency for Crime and Security (IMPACS) to implement the firearms trafficking precedence actions and the street map. The United States and CARICOM concur on the utility of acceding to the Treaty of San José regarding illicit maritime and air narcotics trafficking. This treaty offers states with a precious authorized mechanism that facilitates worldwide cooperation to disrupt illicit maritime trafficking and transnational prison organizations in the Caribbean.
Finally, the United States and CARICOM reaffirm our dedication to selling and defending democracy and the rule of legislation, as enshrined in the Inter-American Democratic Charter. Our nations are certain collectively by shared values, tradition, historical past, and household ties. As governments, we are going to work in partnership with civil society and the non-public sector to make sure that democracy delivers for all our folks and to construct secure, inclusive, affluent, equitable, and climate-resilient societies.
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Joint Readout of President Joe Biden & Vice President Kamala Harris’ Meeting with Leaders of The Caribbean Community (CARICOM) and the Dominican Republic & More Latest News Update
Joint Readout of President Joe Biden & Vice President Kamala Harris’ Meeting with Leaders of The Caribbean Community (CARICOM) and the Dominican Republic & More Live News
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Joint Readout of President Joe Biden & Vice President Kamala Harris’ Meeting with Leaders of The Caribbean Community (CARICOM) and the Dominican Republic & More News Today
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