Port of Spain. July 8, 2021. The Ambassador of Colombia Martha Cecilia Pinilla- Perdomo had a meeting via videoconference with Ambassador Reita Toussaint, Permanent Secretary of the Ministry of Foreign and CARICOM Affairs of the Republic of Trinidad and Tobago, in order to interchange views regarding the draft text of the  Inter- American Business Charter that is being agreed.

The draft of the  Inter-American Business Charter is a proposal led by President Iván Duque to promote the role of the private initiative, as an engine of development and socio-economic growth in our American continent. 

The Inter-American Business Charter initiative was born in September 2019, during the Private Sector Forum of the Americas and was prioritized in 2020 because it is an ideal multilateral instrument to propel the reactivation of our economies in the post- pandemic period. Last year, during the 50th Session of the OAS General Assembly, the States welcomed Colombia’s proposal and established the mandate to negotiate the Charter.

Colombia believes that the region requires a political instrument, built on the common concerns and interests of OAS Member States, in order to harness the capacity of the private sector to contribute to the socio-economic stability of the American continent.

It is therefore very important for everyone to have the active participation of all CARICOM Member States because these technical discussions nurture the draft Charter and help to co-create an inclusive international instrument for economic recovery in the post-pandemic scenario.