Antigua and Barbuda Signs Letter Of Intent To Join Development Bank of Latin America and the Caribbean

The content originally appeared on: Antigua News Room

Antigua and Barbuda have announced their intention to join the Development Bank of Latin America and the Caribbean (CAF).

Prime Minister Gaston Browne signed a declaration of intent during the Fourth International Conference on Small Island Developing States (SIDS4) held in Antigua and Barbuda.

Prime Minister Browne stated, “We are very pleased to announce Antigua and Barbuda’s intention to join CAF. We are fully aligned and prepared to collaborate on the opportunities that CAF can offer to small Caribbean islands like Antigua and Barbuda, in order to enhance the well-being of their residents.”

CAF responded, noting that Antigua and Barbuda’s membership would provide expanded development financing options, leveraging CAF’s technical expertise, financial resources, and knowledge services. Sergio Díaz-Granados, CAF’s Executive President, emphasized that this partnership reflects a commitment to addressing development issues in Caribbean Small Island Developing States (SIDS).

CAF currently has twenty-one member countries, including Barbados, Trinidad and Tobago, Jamaica, and the Dominican Republic.

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