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CARICOM Signs Cooperation MoU With Austria

by Ulrika Lomas, for LawAndTax-News.com, Brussels Thursday, October 02, 2008

Secretary-General of the Caribbean Community (CARICOM), Edwin Carrington, and the Secretary of State in the Ministry of Foreign Affairs of Austria, Hans Winkler, have announced this week that they have signed a Memorandum of Understanding (MOU) on CARICOM-Austria cooperation.

The major areas of focus of the MOU will be disaster management and alternative energy although other key areas such as trade and investment will also feature.

During the CARICOM meeting, matters of priority interest to CARICOM on the UN agenda were addressed by the council and the coordination of strategies and positions undertaken. Among these issues, the climate change negotiating process, the initiative on the Caribbean Sea in the context of sustainable development, the food crisis, financing for development, and the ongoing UN reform process, especially with respect to the UN Security Council all came under discussion.

Additionally, heads of government and foreign ministers of CARICOM addressed the General Assembly (UNGA) and underlined the principles and values that underpin the Community’s foreign relations stance - multilateralism and the rule of international law.

They also drew attention to the concerns and threats that impinge on the social and economic development and security of the Community’s Member States. Particular mention was made of climate change, drug and small arms trafficking, decreasing overseas development assistance and reduced access to concessionary development finance as well as the inequitable terms of international trade.

By bringing together the leaders of a large number of Member States, the UNGA provides the opportunity for bilateral and multilateral exchanges among countries that do not meet regularly thereby helping to strengthen or to initiate diplomatic and cooperation links.

The meeting also facilitated a quick update on the follow-up to the Conference on the Caribbean of 2007 in Washington D.C. and a mutual pledge to establish a formal, institutional framework to leave a strong platform for continued CARICOM-US dialogue.

An exchange of views took place on the issue of trade and investment and on the relief and recovery needs of Haiti following the disastrous series of hurricanes which took place early last month.

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