United States to invest USD$30M in Jamaica

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United States to invest USD$30M in Jamaica: A $30 million investment from the United States is expected to benefit Jamaica. The news comes after a meeting between US Vice President Kamala Harris and Prime Minister Andrew Holness on March 30 at the White House.

United States to invest USD$30M in Jamaica
United States to invest USD$30M in Jamaica

United States to invest USD$30M in Jamaica

The US government is investing $20 million to boost trade between the two countries, as well as $10 million to address human capital development and violence reduction for at-risk youth.

Violence prevention through intelligence and information sharing, as well as investment in violence reduction programs aimed at at-risk youth, were among the areas of cooperation discussed by Prime Minister Holness and Vice President Biden. Human capacity development, particularly in relation to cybersecurity and digital technology, and regional energy security and infrastructure were also discussed.

Vice President Harris has also pledged additional support for the health sector and the country’s coronavirus (COVID-19) recovery efforts, according to him.

The vice president expressed support for the formation of a working group between Jamaica and the United States to discuss and continue dialogue on issues unique to the island.

On Tuesday (March 29), Prime Minister Holness arrived in Washington, DC for a five-day working visit. Senator Kamina Johnson Smith, the minister of foreign affairs and foreign trade; Audrey Marks, Jamaica’s ambassador to the United States; and Dr. Nigel Clarke, the minister of finance and public service, are among those accompanying him.

Senator Charles Schumer, Senate Majority Leader, and Chairman of the Senate Foreign Relations Committee, Senator Robert Menendez, as well as members of the Committee, will meet with the Prime Minister.

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Gregory Meeks, the chairman of the House Foreign Affairs Committee, will also host a meeting for the prime minister with members of the committee.

The prime minister’s five-day working visit will also include meetings with Congresswoman Maxine Waters, chair of the House Finance Committee, and Congresswoman Barbara Lee, chair of the House Appropriations subcommittee on State and Foreign Operations (SFOPS).

At the National Press Club in Washington, DC, he will speak to members of the press.

On Friday at 7:00 p.m. EDT, Prime Minister Holness will be the special guest at the ‘Lets Connect with Ambassador Marks’ online town hall meeting, where he will highlight the island’s development at 60 years of independence and outline the efforts being made to facilitate expanded diaspora participation in the economy.

Prime Minister Holness will also meet with embassy staff and members of the Jamaica Central Labour Organization, which oversees the US farm-work program, while in Washington, DC. On April 3, 2022, the prime minister is expected to return to the island.

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