Caribbean countries will not be bullied into ceasing oil and gas production, since there are pressing needs here.
And together, the oil-rich countries will be crafting a common strategy that is expected to attract investors who will help fund development needs in the region, President Ali announced.
Meanwhile, at the briefing on Saturday, CARICOM Secretary General Dr. Carla Barnett also emphasised, “Energy security really is a top priority across the region.”
Because of the impact of the Ukraine/ Russia crisis on fuel prices- an occurrence that has beset citizens and businesses alike- the Secretary- General underscored that the region is keen on identifying solutions.
“Trinidad is the lead head on energy security and there is an active discussion taking place because one of the negative impacts from Ukraine is the rising fuel prices across the world.
“There are discussions that are presently underway, they’re active,” Dr. Barnett said.
Regional leaders will spend the next few days deliberating on matters of regional importance and how CARICOM should act to counter challenges that have manifested.
At the end of those talks, Dr. Barnett ascertained that new decisions may be conveyed.
