Blue Opportunities In One Caribbean

(Barbados Government Information Service) There is “tremendous” opportunity in the blue economy, but Caribbean countries need to come together and work as one to maximise those benefits.

That was the assessment of Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, as he shared some of Barbados’ experiences in establishing a blue economy ministry during a virtual event hosted by Belize on the topic: What is the Blue Economy? Challenges and Opportunities.

Affirming his confidence in the benefits of a blue economy, the Minister said he was however “cautious” about how Caribbean countries could tap into those benefits since COVID-19 had demonstrated how much – needed materials and equipment required by big ocean states was being accessed by larger countries.

Similarly, Mr. Humphrey noted that in the areas beyond national jurisdiction, valuable resources were found and converted into medicine and different types of technology.

Read more at: Barbados Government Information Service

Source: CARICOM TODAY