(CARICOM Secretariat, Turkeyen, Greater, Georgetown) -

The Caribbean Community (CARICOM) and the African Union (AU) have signed a Memorandum of Understanding (MoU) to enhance effective cooperation and collaboration between the organisations and our peoples.

Signed in the margins of the recently concluded 79^th Session of the United Nations General Assembly in New York, the MoU envisages the creation of a conducive environment for investment on the African continent and in the Community.

In addition to promoting investments, the MoU seeks to deepen relations by creating platforms for closer people-to-people interaction and solidarity by initiatives including a diaspora volunteer exchange as a framework for associating people with development. The MoU also outlines modalities for cooperation and collaboration, information sharing, as well as its implementation.

The MoU was signed by the CARICOM Secretary-General, Dr Carla Barnett, and the Deputy Chairperson (DCP) of the African Union (AU) Commission, H.E. Dr. Monique Nsanzabaganwa, on behalf of the African Union.