EIB Vice President to make first official go to to the Caribbean
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EIB Vice President to make first official go to to the Caribbean

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The vice chairman of the European Funding Financial institution (EIB), Ricardo Mourinho Félix, will lead a high-level delegation to Barbados and St. Lucia subsequent week.

Felix may also be accompanied by the European Union Ambassador to Barbados, the Japanese Caribbean States and CARICOM/CARIFORUM, Małgorzata Wasilewska, throughout his first go to to the Caribbean.

The EIB delegation will start a four-day go to to Bridgetown and Castries on Monday” to reaffirm the EU financial institution’s dedication to tasks selling sustainable growth within the Caribbean.”

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An EU assertion stated Félix will announce finance for a healthcare undertaking in St. Lucia and can maintain conferences with key stakeholders in Barbados to cement the shut working relationship between the EIB and the Caribbean. He’ll maintain talks with Prime Minister Phillip J. Pierre on Monday and meet with Barbados Prime Minister Mia Mottley on Wednesday.

“Because the EU local weather financial institution, the EIB is dedicated to offering high-impact funding within the Caribbean within the context of the broader EU Workforce Europe Initiative. The EIB can provide focused funding to help the area going through the results of local weather change and I’ll announce extra finance for tasks within the Caribbean throughout my go to this week,” Felix stated forward of his go to to the area.

“Because the Financial institution of the European Union and as a part of Workforce Europe, we now have launched EIB International, a brand new department dedicated to worldwide partnerships and growth finance. By means of these stable partnerships, we help Caribbean nations to scale up their inclusive inexperienced transition, resulting in a sustainable post-COVID restoration.”

Wasilewska stated she could be very a lot trying ahead to the primary go to by Felix to the Caribbean area. “By means of the actions of the European Funding Financial institution, the Caribbean individuals can profit from financing initiatives of the European Union such because the Inexperienced Deal and the International Gateway. These initiatives all assist to counter the implications of local weather change, the influence of the Russian invasion in Ukraine and the results of the pandemic,” she added.

The EIB delegation, which incorporates its new consultant in Barbados, Kristina Eisele, will attend the launch of the brand new regional partnerships between the CARIFORUM nations and European Commissioner for Worldwide Partnerships Jutta Urpilainen on October 12.

The EU stated following the launch of EIB International this 12 months, the go to will allow a better working relationship with the Caribbean authorities together with the ministerial, banking, and regional representatives the delegation will meet subsequent week.

EIB International is the brand new growth arm of the Financial institution launched in 2022. It builds on greater than six a long time of EIB operations outdoors the European Union and brings all of the sources of the EIB to bear on operations outdoors the European Union. EIB International will foster sturdy, centered partnerships with nations across the globe, together with the Caribbean.

CMC/