CARICOM Vision 25% by 2025

The main objective of the strategy is to reduce the region's food import bill by 25% by 2025. This initiative responds to the need to strengthen food and nutritional security in the Caribbean, in an effort to increase local production of food, improve intra-regional trade and promote the creation of wealth and economic opportunities in the agricultural sector of the CARICOM Member States. The strategy's focus includes specific actions such as the removal of trade barriers to facilitate the more efficient and economical movement of food between CARICOM countries. This also implies significant efforts in agro-industrial processing to increase the shelf life of agricultural products and reduce transportation costs. Additionally, cooperation with insurance companies is sought to improve insurance arrangements for the transportation of agricultural goods, in order to manage the risks associated with the activity.