CARICOM and Mexico discuss collaboration

By Admin Wednesday May 23 2012 in Caribbean
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BRIDGETOWN, Barbados: Mexico’s President, Felipe Calderon, headed a high-powered delegation to the Second CARICOM-Mexico Summit here this week.

 

The one-day summit brought together regional heads from the 15 Caribbean Community (CARICOM) nations. It was preceded by a meeting of foreign affairs ministers on Sunday.

 

Prime Minister Freundel Stuart, Calderon and the current chairman of CARICOM, President Desiré Bouterse of Suriname, addressed the summit’s opening ceremony on Monday.

 

CARICOM leaders discussed a number of issues, including security, tourism, trade and investment and technical cooperation. They also deliberated how to exchange ideas on the Inter-American system and the identification of means by which CARICOM and Mexico could collaborate in hemispheric multilateral fora such as the Organization of American States (OAS) and the recently constituted Community of Latin American and Caribbean States (CELAC).

 

Another key agenda item was next month’s United Nations Conference on Sustainable Development (UNCSD), Rio+20, in Brazil.

 

Mexico assumed the Presidency of the Group of 20 (G20) earlier this year and took the opportunity to brief CARICOM heads of government on its strategic vision for the G20, as part of its overall goal to establish a forum to facilitate open and constructive dialogue.

 

CARICOM has identified Mexico as one of the Latin American states with which closer relations should be encouraged as a means of increasing economic activity.

 

Mexico has the second largest economy in Latin America and is a major oil producer and exporter. It has been listed as an emerging market, which, along with Brazil, Russia, India and China (BRIC) and Vietnam, Indonesia, South Africa, Turkey and Argentina (VISTA), has the potential to be ranked among the world’s largest economies in the next three decades.

 

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