Sunday, 27 Sep 2026 Breaking: Foreign Secy Vikram Misri meets US Congressional delegation, discusses Russia Sanctions Bill and strategic ties
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

CARICOM backs India’s UNSC candidature, seeks stronger economic ties: MEA

CARICOM backs India’s UNSC candidature, seeks stronger economic ties: MEA

New Delhi [India], September 24 (ANI): CARICOM countries have decided to support India’s candidature for a non-permanent seat on the United Nations Security Council (UNSC) for the 2028-29 term, as the two sides agreed to deepen cooperation across multiple economic areas, the Ministry of External Affairs (MEA) said on Thursday.
Both sides expressed satisfaction with the steady progress in cooperation between India and the Caribbean Community (CARICOM) countries and discussed ways to deepen political engagement, boost trade and investment, and strengthen cooperation in agriculture and food security, digital governance, climate resilience and energy.
“CARICOM co-chair conveyed the group’s decision to support India’s candidature for UNSC term 2028-29,” the Ministry said in a release adding, "The two sides held discussions on deepening political engagement; increasing trade and investment; cooperation in Agriculture and Food Security, Digital governance, Climate resilience and Energy cooperation."
UNSC is the UN’s principal body responsible for maintaining international peace and security and responding to global crises.
The India-CARICOM Foreign Ministers’ Meeting (FMM) was held on the sidelines of the 81st United Nations General Assembly (UNGA) in New York on September 23. External Affairs Minister S. Jaishankar and Suriname’s Minister of Foreign Affairs, International Business and Cooperation, Melvin W. J. Bouva, co-chaired the meeting.
As per the release, The meeting was a follow up to the 2nd India-CARICOM Summit chaired by PM Narendra Modi and the leaders of CARICOM countries in Guyana in November 2024.
“CARICOM leaders warmly acknowledged India’s development partnership in the region and the impetus given to fostering South-South cooperation,” MEA said. 
According to government data, bilateral trade between India and CARICOM stood at USD 986.86 million in 2023-24, comprising Indian exports worth USD 627.66 million and imports of USD 359.20 million.
Guyana, Trinidad and Tobago, Haiti, Jamaica and Suriname are among India’s major trading partners in the region.
India’s key exports to CARICOM include pharmaceuticals, surgical instruments, iron and steel products, textiles and garments, chemicals, electronic goods, vehicle parts, plastics, rubber products, tea, coffee and spices.
India, meanwhile, primarily imports mineral fuels and oils, aluminium ores and concentrates, wood products, essential oils and various metal scraps from CARICOM countries. (ANI)

Tags

Related News

High credit-deposit ratio does not signal funding constraint for banks: RBI bulletin
Business
High credit-deposit ratio does not signal funding constraint for banks: RBI bulletin

<p>New Delhi [India], September 27 (ANI): India’s rising credit-deposit ratio does not, by itself, indicate a funding co...

US diesel export curbs could lower diesel prices initially, lift gasoline prices later: Report
Business
US diesel export curbs could lower diesel prices initially, lift gasoline prices later: Report

<p>New Delhi [India], September 27 (ANI): A potential US restriction on diesel exports could initially lower domestic di...

Higher rates volatility may weigh on credit fund flows, BofA Securities says
Business
Higher rates volatility may weigh on credit fund flows, BofA Securities says

<p>New Delhi [India], September 27 (ANI): Continued uncertainty in interest rates could put further pressure on flows in...

Boeing spokesperson says the company is working on software update after 737 flight guidance issue
Business
Boeing spokesperson says the company is working on software update after 737 flight guidance issue

<p>By Snehal Satghare<br/>New Delhi [India], September 27 (ANI): Boeing is working on a software update for its 737 airc...

30-day mobile recharges, voice-only plans to be offered under new TRAI rules: Raghav Chadha
Business
30-day mobile recharges, voice-only plans to be offered under new TRAI rules: Raghav Chadha

<p>New Delhi [India], September 27 (ANI): Prepaid mobile users will get access to 30-day recharge plans and voice-and-SM...

UP targets Rs 5 lakh crore in annual exports by 2030, amid push for USD 1 trillion economy goal: Piyush Goyal
Business
UP targets Rs 5 lakh crore in annual exports by 2030, amid push for USD 1 trillion economy goal: Piyush Goyal

<p>New Delhi [India], September 27 (ANI): Uttar Pradesh targets an increase in annual exports from around Rs 2 lakh cror...