Caribbean leaders are intensifying efforts to strengthen regional trade and deepen economic integration, following high-level talks at the 49th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM), held from July 6 to 8, in Montego Bay, Jamaica.
At the centre of the discussions was a unified call to advance intra-CARICOM trade, with a focus on boosting food security, reducing reliance on external markets, and encouraging the development of domestic industries across the region.
“Greater economic integration is essential to securing a sustainable and self-reliant future for the Caribbean,” Premier of the Virgin Islands, Honourable Natalio D. Wheatley, said in a post-conference briefing. “We must trade more with each other and produce more for ourselves.”
Leaders agreed that regional production and trade must be scaled up to confront supply chain vulnerabilities exposed in recent years, particularly in the food and agriculture sectors. Strengthening cooperation in these areas was viewed as critical to improving resilience and economic stability.
The conference, chaired by Jamaican Prime Minister the Most Honourable Andrew Holness, also reviewed initiatives to harmonise trade policies, lower cross-border barriers, and improve transport and logistics infrastructure among member states.
Alongside trade, CARICOM heads addressed other pressing issues, including regional security, climate change adaptation ahead of COP30 in Brazil, digital economy development, reparations for historical injustices, and the ongoing crisis in Haiti.
On the climate front, the bloc reaffirmed the need for global financial frameworks that account for the heightened vulnerabilities of Small Island Developing States (SIDS). Discussions on digital transformation focused on expanding broadband access, supporting tech-driven industries, and creating regional e-commerce opportunities.
Premier Wheatley noted that while the issues discussed are diverse, they are interconnected.
“Whether it is food, finance, or technology—strengthening our internal systems as a region puts us in a better position globally,” he stated.
The conference also underscored the importance of fostering stronger partnerships with Africa and Latin America, signalling CARICOM’s intention to diversify trade and diplomatic ties beyond traditional partners.
The British Virgin Islands, which holds associate membership in CARICOM, participated in the summit alongside full member states. Premier Wheatley reaffirmed the Virgin Islands’ support for enhanced regional cooperation and continued engagement in shared development goals.
