IICA creates US$250,000 special fund to help region reduce food imports

President of the Cooperative Republic of Guyana, Irfaan Ali (left) and IICA Director General, Manuel Otero
President of the Cooperative Republic of Guyana, Irfaan Ali (left) and IICA Director General, Manuel Otero

The Caribbean region will soon have access to a US$250,000 special fund to assist in the goal to reduce its food imports by 2025.

This was announced by IICA Director General Manuel Otero in a release from the Inter-American Institute for Cooperation on Agriculture (IICA) which informed that it will create a Special Fund for the Caribbean to promote initiatives and actions aimed at assisting countries in the region in meeting the goal of reducing their multi-million dollar food import bill by 25% by 2025.

Otero stated, “This decision will enable IICA to facilitate greater integration among Caribbean countries through hemispheric partnerships and South-South and triangular cooperation projects that promote food and nutritional security. We are also deepening our commitment to improving the quality of life of people in the Caribbean.”