Dominica’s Prime Minister Mr Roosevelt Skerrit signed his country on to two important regional agreements on the side-lines of the 31st Inter-Sessional Meeting of CARICOM Heads of Government at the Lloyd Erskine Sandiford Centre (LESC) in Barbados, Wednesday.
These are:
- The Protocol on Public Procurement for the Caribbean Community, which gives individuals and firms the
opportunity to bid for public sector contracts in all
CSME-participating Member States on the Regional Procurement Notice
Board. The Protocol is aimed at creating the necessary competitive and
non-discriminatory conditions to facilitate the achievement of best
value for money, while also providing access to a single market with
regional sales. Dominica brings the number of signatories to the five
required to bring the Protocol into effect. The other signatories are
Antigua and Barbuda, Barbados, Belize and St. Vincent and the
Grenadines. - The Agreement on the Return or Sharing of Recovered Assets,
which is intended to strengthen regional cooperation in this area by
establishing a framework for the return or sharing of illicitly acquired
proceeds that have been confiscated. The Agreement also facilitates the
provision of assistance to victims of money laundering and increased
financing for regional security institutions.
