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News Release No. 13/08-BOD

 Press ReleaseMay 27, 2008No. 13/08 – BOD Delegates at the 38th Annual Meeting of the Caribbean Development Bank, being held in Halifax, Nova Scotia, Canada, have been assured that the province’s relationship with the Caribbean will be as important to Halifax’s future as it has been to its past. This assurance came from both the Deputy Premier of the province, the Honourable Angus MacIsaac, who is also the Minister of Economic Development, and the Minister of Agriculture, the Honourable Brooke Taylor as they spoke on Monday night at a reception for the delegates. Deputy Premier MacIsaac said that Nova Scotia was a fitting location for the CDB Annual Meeting considering the longstanding mutual history and the “many strong ties” between the province and the Region. “From swapping resources like salt fish, lumber, sugar and rum, this trading relationship has evolved to include partnerships in tourism, education and environmental protection. Together, with our expertise and shared resources, we can strengthen democratic governance, economic renewal, education and leadership, while building prosperity,” MacIsaac said. The Agriculture […]


News Release – May 26, 2008

  May 26, 2008 No. 12/08 – BOD  NEWS RELEASE CDB APPROVES USD 5 MILLION GRANT FOR HAITI Poor young Haitians between the ages of 15 and 24 years will have enhanced access to technical and vocational education and training through a project being supported financially by the Caribbean Development Bank (CDB). The Bank’s Board of Directors has approved a grant equivalent to USD 5 million to the Government of the Republic of Haiti for this project.  Approval was granted during a meeting of the Board chaired by CDB President, Dr. Compton Bourne, on Monday, May 26, 2008, at the Westin Nova Scotian Hotel in Halifax, Nova Scotia, Canada. Under the project, three vocational schools will be rehabilitated and expanded, and transformed into reference centres.  These reference centres will serve as model or demonstration centres to respond to the labour needs of the regions in which they are located, and to provide support to other training centres in the region. Furniture and equipment for the centres will also be provided, as well as assistance […]


News Release No. 11/08 – CDB expresses condolences to China

 May 20, 2008No. 11/08  NEWS RELEASE CDB Expresses condolences to chinA  The Caribbean Development Bank (CDB) has expressed condolences to the People’s Republic of China in the wake of the devastating earthquake which shook Sichuan Province on May 12. CDB President, Dr. Compton Bourne, wrote to China’s Ambassador to Barbados and the Eastern Caribbean, Mr. Liu Huanxing, on May 14, to offer deepest condolences on the tragic loss of so many lives on behalf of the staff of the Bank and on his own behalf. Dr. Bourne wished the “Government and People every success in their efforts to rescue those who are still trapped and may be alive, and in the subsequent programmes of counselling of survivors and the families of the deceased as well as in the later efforts of rehabilitation and reconstruction.” China joined CDB as a non-regional member in 1998, and is represented on the Bank’s Board of Governors and Board of Directors. 


News Release No.10/08 – CDB Annual Meeting events available via internet

May 20, 2008 No. 10/08   NEWS RELEASE   CDB ANNUAL MEETING events AVAILABLE VIA INTERNET   Major events associated with the Annual Meeting of the Board of Governors of the Caribbean Development Bank (CDB) will be available for viewing via the Internet from Halifax, Nova Scotia, Canada, next week.  The events to be webcast are:             7:30 p.m. Tuesday, May 27 – William G. Demas Memorial Lecture             9:00 a.m. Wednesday, May 28 – Opening Ceremony, Board of Governors  Meeting             11:45 p.m. Thursday, May 29 – Closing Ceremony, Board of Governors Meeting             1:00 p.m. Thursday, May 29 – Closing News Conference The link will be active approximately one hour before the scheduled start of the event.   All times are Atlantic Daylight Time. The Demas Memorial Lecture will take place at the Westin Nova Scotian Hotel, while the Board of Governors Meeting will be held at the World Trade and Convention […]


News Release No. 9/08 – CDB Governors to Address Climate Change and the Food Crisis

May 19, 2008 No. 9/08 The Board of Governors of the Caribbean Development Bank (CDB) will discuss Climate Change and its impact on the Caribbean, as well as the Food Crisis when the Bank holds it Annual Meeting in Halifax, Nova Scotia, Canada, next week. CDB President, Dr. Compton Bourne, believes the impact of climate change is not fully appreciated and its effects are likely to be pervasive for countries of the Region.  He says this impact is felt most keenly in agriculture, tourism and fisheries. The Caribbean Community Climate Change Centre will present a paper on the activities of the Centre.  Among the areas dealt with in the paper will be Caribbean Vulnerability to Global Warming and Climate Change and Regional Adaptation and Mitigation Activities. The President also disclosed that “We are tabling a paper on the food crisis.  I believe the need to act is very urgent.”  Dr. Bourne is of the view that, a critical approach to addressing the crisis is to increase food production […]


News Release No. 14/08-BG – Brazil to Join Caribbean Development Bank

 May 29, 2008 No. 14/08 – BG   Brazil is to become the newest member of the Caribbean Development Bank (CDB).  Approval of Brazil’s application for membership in CDB was one of the decisions taken at the Thirty-Eighth Annual Meeting of the Bank’s Board of Governors, which took place at the World Trade and Convention Centre in Halifax, Nova Scotia, Canada, from May 28 to 29, 2008. With Brazil’s accession to membership in the Bank, this brings the total number of CDB member countries to 27, and the number of Latin American member countries to four.  The others are Colombia, Mexico and Venezuela. The Annual Meeting was chaired by Canada’s Minister for International Cooperation, the Honourable Beverley J. Oda.  In his Annual Statement to the Board of Governors, CDB President, Dr. Compton Bourne, addressed the topic of “Enhancing Trade Capacity and Trade Competitiveness”.  He told the Governors that the imminent signing of the Economic Partnership Agreement (EPA) between CARIFORUM countries and the European Union is a definitive signal […]


News Release No. 08/08-BG – CDB to host Youth Business Forum in Canada

 May 9, 2008No. 08/08 – BG  NEWS RELEASE CDB TO HOST YOUTH BUSINESS FORUM IN CANADA A youth business forum will form part of the activities associated with the Twenty-Eighth Annual Meeting of the Board of Governors of the Caribbean Development Bank, which takes place in Halifax, Canada, May 28 and 29, 2008. The objectives of the Forum “Youth in Business – Cultivating the Next Generation” is to facilitate dialogue between young people and CDB with a view to determining what role the Bank can play in improving business support and assistance for young people.   The Forum will also facilitate dissemination of information on the Caribbean Development Bank and its perspective on youth business.   A panel discussion will also be incorporated in the Forum, which will provide perspectives on youth business from the Canada Youth Business Foundation, Black Business Initiative of Nova Scotia, the Barbados Youth Business Trust and the St. Lucia Chamber of Commerce, Industry and Agriculture. The Forum will also provide an opportunity for young business owners to give their own […]