CARICOM, or the Caribbean Community, is a regional organization comprising 15 member states and 5 associate members located in the Caribbean. Established in 1973, this organization aims to promote economic integration, coordinate foreign policies, and foster collaboration on health, education, and security among its members.
India's formal engagement with CARICOM began in 2003, highlighted by the establishment of a Standing Joint Commission to enhance consultation and cooperation. Over the years, the partnership has grown, characterized by regular high-level interactions, including the notable India-CARICOM leaders’ meeting in 2019.
India collaborates with CARICOM in several key areas, including:
Indeed, India has committed significant financial resources to support CARICOM nations, including a $14 million grant for developmental projects and a $150 million line of credit aimed at solar energy and climate change initiatives. Additionally, India offers grants for disaster recovery and funding through the India-UN Development Partnership Fund.
India has actively provided both financial and logistical support to CARICOM countries impacted by natural disasters, such as hurricanes. For instance, following the hurricanes in 2017, India offered funds to assist affected Caribbean nations and contributes to regional recovery efforts through its development partnership fund.
Recent virtual meetings, including the second India-CARICOM Joint Commission held in 2024, have focused on strengthening ties in economic development, renewable energy, education, and healthcare. Both India and CARICOM have expressed commitment to deepening this strategic partnership.
India and CARICOM collaborate on various multilateral issues, such as climate change, sustainable development, and global health. India has encouraged CARICOM members to join the International Solar Alliance, reflecting their mutual commitment to advancing renewable energy initiatives.
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