The Caribbean Development Bank (CDB) has granted approval of Euro250,840 to the Government of Saint Vincent and the Grenadines to finance two projects under the Standby Facility funded by the European Union, namely: “National Standardisation and Certification of Exportable Services Providers, and Food Safety Certification System for Livestock Production and Trade in Saint Vincent and the Grenadines”.

The launch of the CARIFORUM-EU Economic Partnership Agreement (EPA), and the Caribbean Community (CARICOM), Single Market and Economy (CSME), Standby Facility for Capacity Building Projects for Saint Vincent and the Grenadines, will take place on Tuesday May 10, 2022; at 11:00 a.m. at the National Insurance Services (NIS), conference room, Kingstown.

An invitation is extended to all media houses in Saint Vincent and the Grenadines to attend the event.

The hour-long event will introduce targeted stakeholders to the project, the expected benefits, the strategic partnerships responsible for the intervention, and its requirements for success. The event will be streamed live online and packaged for rebroadcast on UWITV’s Flow Channel to regional viewers. Persons can also view the event via VC3 channel, the API Facebook page and NBC Radio.

The Caribbean Development Bank (CDB), or (“the Bank”), and the European Union (EU), entered into an agreement to administer the CARIFORUM-EU Economic Partnership Agreement (EPA) and CARICOM CSME Standby Facility for Capacity Building. Through this partnership 15 countries have access to over Euro350,000 each, in assistance and expertise, to implement local projects to improve trade, the economy and lives of their citizens. The fund supports enhancement of each country's ability to increase trade in goods and services in Caribbean and European markets.

More information on the CARIFORUM EPA and CSME Standby Facility, is available via the following link:


SOURCE: Ministry of Foreign Affairs and Foreign Trade