The United States Government has pledged $62.5 million to assist with the creation of the Caribbean Single Market and Economy (CSME), Minister of Foreign Affairs and the Public Service Frederick A. Mitchell announced in Parliament on Monday.<\/p>\n
Minister Mitchell was responding to critics claim that the Revised Treaty of Chaguaramas and CARICOM and its aspirations to a single market and economy is anti-American.<\/p>\n
“The fact is that in November, 2004, just a few months ago, the US Government provided a pledge by agreement with CARICOM for $62.5 million in funds to help with the creation of a single market and economy,” Minister Mitchell said during debate on the 2005-2006 budget.<\/p>\n
The Minister noted that he recently chaired a meeting between CARICOM and US Secretary of State Dr. Condoleeza Rice, and among other things, the two sides are pledged to work on a conference on the future of the Caribbean.<\/p>\n
“No distinction was made between The Bahamas and others by the US at that meeting,” Minister Mitchell said.<\/p>\n
By Bahamas Information Services<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"
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