India extends USD 1 million assistance to CARICOM

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News: India has extended USD 1 million assistance to Caribbean Community (CARICOM) Countries.

Facts:

  • CARICOM Community: It was formed in 1973 as a grouping of twenty countries: fifteen Member States and five Associate Members.
  • Objective: To promote economic integration and cooperation among its members, to ensure that the benefits of integration are equitably shared, and to coordinate foreign policy.
  • Members: Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St Lucia, St. Vincent and the Grenadines, Suriname, and Trinidad & Tobago.
  • Headquarters: Georgetown, Guyana.
  • Significance: CARICOM is an official United Nations Observer.