Enhancing India CARIFORUM Economic Relations and Prospects for Cooperation

Renewable Energy As the region joins the call for an intensified focus on climate change, reducing the contribution of fossil fuels to the total electricity supply mix and the transitioning to renewable energy, a focus on wind and solar energy products and services has taken centre stage. Investments in public private partnerships for renewable energy development and build-out projects in the region are welcomed within the majority of the region´s member states. For more information on investment opportunities in the Caribbean, please visit: www. investincaribbean.org #1 The Caribbean is an Ideal Location Located in the center of the Americas, the Caribbean provides the advantage of easy access to markets in the North, South and Central America and serves as a bridge to European markets. #2 Accessibility - It’s Easy to Get Here Most Caribbean countries have international airports that provide daily direct flights to the USA, Canada, the UK, and several other countries in Europe, as well as South America. Accessibility by sea via the world-renowned regional ports is also an advantage allowing for easy access to raw materials and equipment #3 Openness to Trade Many countries in the Caribbean have preferential access to some of the largest markets in the world. A few Regional Free Trade Agreements include: 1. CARIFORUM/European Union Economic Partnership Agreement: Granting preferential access to markets in Europe. 2. Caribbean Basin Initiative: Providing beneficiary Caribbean territories with duty-free access to US markets for most goods. Why the Caribbean for Indian Investments?

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Enhancing India-CARIFORUM Economic Relations and Prospects for Cooperation