Dr. Douglas was one of the Heads of Government, along with President Mauricio Funes of El Salvador who addressed the official opening ceremony of the special summit.
In addressing the opening ceremony, both President Funes and Prime Minister Douglas pointed to the need for meaningful partnerships and strategic alliances with like-minded countries, in the face of the current economic downturn.
The meeting of senior business executives from CARICOM and SICA was organized by OAS Assistant Secretary General Albert Ramdin and the Chair Pro Tempore of SICA Hugo Martinez.
The meeting was designed to strengthen relations between the two sub-regions. Now, officials of both sub-regions are calling for future meetings of the group, to discuss trade and investment opportunities.
“The discussions between CEO’s and Trade Ministers from both sides were quite frank and open. We brought together a group of results-oriented people, and now with political commitment, there is hope for progress on certain issues,” stated OAS Assistant Secretary General Ramdin.
He said the bottom line is to create jobs, improve the economic and investment climate and have a positive impact on the quality of life for some 56 million people in these two sub-regions.
Ramdin said the meeting is already producing results. He explained that they will continue to do whatever is necessary to support Member States. “The current economic climate requires us to come up with creative ways to foster dialogue in the interests of all our people, stated the OAS official.
Countries of SICA and CARICOM represent a significant portion of the membership of the OAS,” said Ramdin in response to the requests for the facilitation of more initiatives in the future.
This was held in El Salvador and was the third SICA-CARICOM summit.