Saint Lucia Minister of External Affairs signs Italy-CBD Project Agreement
St. LUCIA: The Minister of External Affairs of Saint Lucia, Alva Baptiste, expressed her gratitude to the Italian government for its support for the sustainable development of the Member States of the Caribbean Community.
The minister’s remarks were made in New York on Monday, September 19, as he signed an agreement between the Caribbean Development Bank (CDB) and the Italian government for a 50 million euro concessional loan from Italy to CBD. Minister Baptiste signed on behalf of Prime Minister Hon. Philip J. Pierre, the current president of the CBD, while the Italian Deputy Minister of Foreign Affairs and International Cooperation, Marina Sereni, signed on behalf of the Italian government.
Also participating in the signing ceremony were CBD Chair, Dr. Hyginus Leon; Permanent Representative of Italy to the United Nations, Ambassador Maurizio Massari; and the Permanent Representative of Saint Lucia to the United Nations, Ambassador Menissa Rambally.
The CBD loan will allow the bank to finance sustainable development projects in the following CARICOM countries: Belize, Dominica, Grenada, Guyana, Jamaica, Saint Lucia, Saint Vincent and the Grenadines and Suriname.
Baptiste said that Italy has always cooperated and been a constant partner of the Caribbean countries.
Saint Lucia is known to maintain friendly relations with the majority of powers, in the Caribbean region and in the world. The country shares strong ties between the United States of America, United Kingdom, Canada, France and Italy. The Caribbean island country has no international dispute. The relationship between Saint Lucia and Italy has been maintained since the year 1979.