SVG inks MOU with Caribbean private sector organisation

The CARICOM Private Sector Organization (CPSO) and the Ministry of Agriculture of this country have signed a Memorandum of Understanding (MOU) to establish a formal, structured mechanism for substantive and effective cooperation between the Government of St. Vincent and the Grenadines (SVG) and the CPSO in order to mobilize and facilitate private sector investments in SVG’s strategic sectors.

According to a release from the ministry of agriculture, the MOU was signed on March 1, 2022, just before the start of the 33rd Inter-Sessional meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM).

It was signed by Saboto Caesar, Minister of Agriculture, and Gervase Warner, Chairman of the newly founded Associate Institution of the Community – the CPSO.

This collaboration’s main goal is to encourage private sector investment in important agri-food prospects, starting with a pilot project to develop the domestic poultry value chain.