2nd India-CARICOM Summit concluded in Guyana | Current Affairs | Vision IAS
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    2nd India-CARICOM Summit concluded in Guyana

    Posted 21 Nov 2024

    2 min read

    India proposed seven key pillars to strengthen ties between India and the Caribbean Community (CARICOM).

    • Seven pillars listed by the India form the acronym C-A-R-I-C-O-M.
      • Pillars include Capacity Building, Agriculture and Food Security, Renewable Energy and Climate Change, Innovation, Technology and Trade, etc.
    • The first-ever India-CARICOM Summit was held in 2019. 

    About CARICOM

    • A regional organization established in 1973 to promote economic integration and cooperation in the Caribbean
    • Consists of 21 countries (fifteen Member States and six Associate Members) including Antigua and Barbuda, Bahamas, Barbados, Belize, etc.

    Significance of CARICOM for India

    • Partnership in Multilateral Forums: Many CARICOM countries such as Antigua and Barbuda support India’s position in international forums. E.g. Support for permanent membership in the UNSC.
    • South-South Cooperation: Countries from group participated in 3rd Voice of Global South Summit, 2024, organised by India. 
    • Defence Export: E.g. Recently, HAL delivered two Dornier 228 planes to Guyana.
    • Climate Action Collaboration/Energy Security: E.g. Suriname joined International Solar Alliance (ISA)
    • Other: Act as a gateway to Latin America, Cooperation in disaster resilience (E.g. Coalition for Disaster Resilient Infrastructure), Home to Indian Diaspora (Trinidad and Tobago), etc. 
    • Tags :
    • Global south
    • CARICOM
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