During the 2nd India-CARICOM Summit held in Georgetown, Guyana, Prime Minister Narendra Modi proposed a comprehensive seven-pillar framework for enhanced collaboration between India and CARICOM countries.
CARICOM Framework: 7 Pillars for Growth
The framework is built around the acronym C.A.R.I.C.O.M., with each letter symbolizing a key area of cooperation:
– C: Capacity Building
India will increase ITEC scholarships by adding 1,000 slots over the next five years. Plans include establishing forensic centres and offering parliamentary training to CARICOM nations.
– A: Agriculture and Food Security
Focus on sharing expertise to enhance food security and sustainable agricultural practices.
– R: Renewable Energy and Climate Change
Joint efforts to combat climate change and develop renewable energy solutions.
– I: Innovation, Technology, and Trade
Boosting technology-driven partnerships and facilitating trade between the regions.
– C: Cricket and Culture
Strengthening cultural exchanges and promoting cricket as a shared passion.
– O: Ocean Economy and Maritime Security
Enhancing cooperation in marine resources, maritime security, and oceanic sustainability.
– M: Medicine and Healthcare
Collaborating on healthcare initiatives, including affordable medicines and advanced medical technologies.
India’s Commitment to the Global South
PM Modi emphasized India’s role as a trustworthy partner for CARICOM nations and the broader Global South. He said:
“India has always tried to face global challenges along with CARICOM. Whether it is COVID, natural disasters, or development issues, India has stood with all of you as a reliable partner.”
Strengthening Development Through Partnership
The seven-pillar framework underscores India’s vision for inclusive growth and sustainable development in CARICOM countries. With a focus on capacity building, climate action, and technological innovation, India aims to contribute to the region’s long-term prosperity.
The summit marks a significant milestone in India-CARICOM relations, paving the way for deeper cooperation and shared growth.