Strengthening Caribbean-US financial ties: CARICOM and US officers agree on TIFA growth
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Strengthening Caribbean-US financial ties: CARICOM and US officers agree on TIFA growth

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In a major growth geared toward bolstering their financial ties, representatives from the Caribbean Group (CARICOM) and the US have introduced their intention to deepen their cooperation by means of the Commerce and Funding Framework Settlement (TIFA).

Reaffirming financial partnership

Within the wake of the ninth assembly of the CARICOM-United States Commerce and Funding Council held over the weekend, a joint communique issued on Monday underlines the enduring significance of their bilateral commerce and financial relationship. 

The assertion underscores that the two-way commerce and funding flows have exhibited exceptional resilience and restoration because the onset of the worldwide pandemic.

Seizing alternatives for financial development

Each delegations, of their joint declaration, emphasize the pivotal function of the TIFA in fostering nearer financial collaboration. 

This accord gives a pivotal alternative to additional improve their financial partnership by facilitating the growth and diversification of exports and fostering elevated investments.