{"id":996625,"date":"2025-12-10T12:42:39","date_gmt":"2025-12-10T16:42:39","guid":{"rendered":"https:\/\/www.planning.gov.tt\/newsite\/?p=996625"},"modified":"2025-12-10T12:42:39","modified_gmt":"2025-12-10T16:42:39","slug":"caricom-must-look-south-says-swaratsingh","status":"publish","type":"post","link":"https:\/\/www.planning.gov.tt\/newsite\/caricom-must-look-south-says-swaratsingh\/","title":{"rendered":"Caricom must look south, says Swaratsingh"},"content":{"rendered":"\t\t
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Photo:<\/strong> Minister of Planning, Economic Affairs and Development, Kennedy Swaratsingh, left, chats with Economic Commission for Latin America and the Caribbean (ECLAC), Sub-regional Headquarters for the Caribbean, director, Miosotis Rivas-Pena, and ECLAC, executive secretary, Jose Manuel Salazar-Xirinachs. Source: T&T Guardian<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Credit: T&T Guardian<\/p>

Geisha Kowlessar-Alonzo<\/p>

https:\/\/www.guardian.co.tt\/business\/caricom-must-look-south-says-swaratsingh-6.2.2467472.4401578988<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Planning, Economic Affairs and Development Minister Kennedy Swaratsingh has urged Caribbean nations and their Latin American partners to embrace strategic south-to-south cooperation as a transformative pathway for resilience, competitiveness and inclusive growth.<\/strong><\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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He made the call while addressing a Caribbean Development seminar hosted by the Economic Commission of Latin America and the Caribbean (ECLAC) held yesterday (December 8, 2025) at the Hilton, where the minister underscored the urgency of moving beyond symbolic gestures toward purposeful, resource-oriented collaboration.<\/p>

Swaratsingh emphasised that cooperation among developing nations must be tailored to the unique vulnerabilities of Small Island Developing States (SIDS).<\/p>

He noted that persistent challenges\u2014such as limited access to technology, research, and financing\u2014should not be seen merely as obstacles but rather as opportunities to drive competitiveness and resilience.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\u201cSouth-to-south cooperation can directly confront the vulnerabilities of SIDS by unlocking access to technology, research and development, skills upgrading, and institutional strengthening that can be tailored to our unique circumstances,\u201d <\/strong>he explained.<\/h6>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Building on this point, the minister stressed that such cooperation must be strategic and intentional, describing it as a vital medium for transformation.<\/p>

He said partnerships among developing nations enable the sharing of proven solutions, replication of successful models, and development of shared public goods\u2014including digital platforms, resilient infrastructure, and financing mechanisms\u2014that SIDS could not establish independently.<\/p>

By pooling resources and expertise, he argued, the region could unlock new opportunities for resilience and sustainable growth.<\/p>

To illustrate how this vision could be operationalised, Swaratsingh welcomed the inclusion of a technical, operational, political, and perspective capacities framework in ongoing discussions, noting that it provides a practical roadmap for structural change.<\/p>

He proposed several modalities to channel cooperation more effectively: first, the exploration of regional project pipelines for social and environmental initiatives; second, the creation of joint investment platforms with the Latin America and Development Bank to support economic, social, and environmental priorities; and third, the advancement of triangular cooperation that leverages south to south technical expertise alongside development partner financing.<\/p>

“As we are all aware, financing remains fundamental,” he emphasised.<\/p>

Swaratsingh further highlighted the urgent need for Caribbean citizens to gain access to climate financing, concessional windows, and blended instruments that reflect the region\u2019s high vulnerability.<\/p>

He cautioned that despite many Caribbean states being classified as high-income economies, financial mechanisms must be tailored to the realities of SIDS, which face disproportionate risks from climate change.<\/p>

Turning to the broader potential of Latin America-Caribbean relations, the minister stressed that cooperation must prioritise the participation of micro, small, and medium enterprises (MSMEs) in regional supply networks.<\/p>

Such integration, he argued, is essential to ensuring transformation that is both inclusive and localised.<\/p>

“This type of integration is how we stimulate productivity, create decent jobs, and enhance competitiveness,” Swaratsingh said, pointing to the importance of strengthening human capital through upskilling and knowledge exchange, while also calling for joint research programmes and academic networks across Latin America and the Caribbean to foster innovation and shared learning.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Photo: Minister of Planning, Economic Affairs and Development, Kennedy Swaratsingh, left, chats with Economic Commission for Latin America and the Caribbean (ECLAC), Sub-regional Headquarters for the Caribbean, director, Miosotis Rivas-Pena, and ECLAC, executive secretary, Jose Manuel Salazar-Xirinachs. Source: T&T Guardian…<\/p>\n","protected":false},"author":3,"featured_media":996634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-996625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nCaricom must look south, says Swaratsingh - Ministry of Planning, Economic Affairs & Development<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.planning.gov.tt\/newsite\/caricom-must-look-south-says-swaratsingh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Caricom must look south, says Swaratsingh - Ministry of Planning, Economic Affairs & Development\" \/>\n<meta property=\"og:description\" content=\"Photo: Minister of Planning, Economic Affairs and Development, Kennedy Swaratsingh, left, chats with Economic Commission for Latin America and the Caribbean (ECLAC), Sub-regional Headquarters for the Caribbean, director, Miosotis Rivas-Pena, and ECLAC, executive secretary, Jose Manuel Salazar-Xirinachs. 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