July 4, 2020

Britain sends £5m foreign aid to Caribbean to improve fishing, tourism

0
0



Pin It

Monies-wageFrom Antigua Observer
MALTA, Nov. 29, CMC – British Prime Minister David Cameron has announced a £5.6 million cash injection to help improve fishing, tourism and shipping in the Caribbean and other countries.

The 25 “small island” Commonwealth recipients include Bermuda, Jamaica, the Maldives, the Seychelles, St. Lucia, and Trinidad and Tobago/

Cameron who is attending the Commonweath Heads of Government meeting here, said he wants the countries to be able to make the most of their natural maritime resources.

He made the announcement while unveiling a £26million aid package to help tackle global warming ahead of a meeting of world leaders in Paris on Monday.

The cash will be used to manage fisheries, protect coastlines and tackle pollution, as well as extending disaster risk.
“We have a real opportunity to get the small island states that are so vulnerable to climate change on board for an ambitious global climate change deal in Paris,” Cameron said. “Britain is firmly committed to helping these countries deal with the effects of climate change.

“That’s why we’re announcing new supporttoday to help protect them from the risks of climate change and to make the most of their natural maritime advantages, which are so vital to their economies,” Cameron added.

Britain will be spending £16.3billion on its foreign aid program by 2020, more than the amount spent on border controls, immigration, police and prisons.

For more on this story go to: http://antiguaobserver.com/britain-sends-5m-foreign-aid-to-caribbean-to-improve-fishing-tourism/

Related story:

Saint Lucia to benefit from XCD 20M aid for tourism and fishing

fishing-770x470From St Lucia Times

The British Caribbean Chamber of Commerce in Saint Lucia has welcomed Prime Minister David Cameron’s announcement, at the Commonwealth Heads of Government Conference, of an allocation of more than £5million (XCD$20m) of Britain’s Government aid for support and improvements towards improving the fishing industry in the Caribbean, to include Saint Lucia.

The 25 ‘small island’ Commonwealth recipients will include St Lucia and is aimed geared to help the maritime economy including both tourism, shipping and fishing, Downing Street has confirmed.

Speaking at the Commonwealth Summit in Malta last Friday, David Cameron confirmed that he wanted to help ‘make the most of natural maritime advantages’ and the Prime Minister unveiled these funds as part of a £26million (XCD$105m) regional package.

John Kennedy, President of the British Caribbean Chamber of Commerce in Saint Lucia welcomed the announcement and said; “Our role as a chamber is to highlight the need to support a strong bi-lateral bond between the United Kingdom and Saint Lucia, both through this kind of support and through commerce, investment and enterprise. But for commerce to succeed there needs to be business development and a business base – people need to have something to sell to create wealth.

“This initiative is in the spirit of the Proverb give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime; of course Saint Lucians already know how to fish, what will be really useful is some capital to help develop that sector and to open new markets.

“I know, from my own Company’s experience, based near Canaries, that there is untapped potential in this industry and Canaries is one of the poorest communities on the Island. Capital input wisely deployed will bring new opportunities that can be life-changing for that community.

“The British Caribbean Chamber of Commerce in Saint Lucia will continue to lobby for other initiatives as part of its general campaign to get new capital steams into the Saint Lucian economy.”

For more on this story go to: http://stluciatimes.com/2015/11/29/saint-lucia-benefit-from-xcd-20m-aid-for-tourism-and-fishing

Print Friendly, PDF & Email
About ieyenews

Speak Your Mind

*