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Caribbean Community, European Commission sign agreement.

BBC Monitoring International Reports

| April 21, 2007 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

(From BBC Monitoring International Reports)

Text of report by Caribbean Media Corporation news agency website

GEORGETOWN, Guyana, CMC - The Caribbean Community (CARICOM) and the European Commission (EC) on Friday inked a 36.9m euro (US48m dollars) pact to push regional integration forward.

CARICOM Secretary General, Dr Edwin Carrington, and newly accredited Head of the European Commission here, Geert Heikens, sealed the Caribbean Integration Support Programme (CISP) which both agreed represents "a shift from the traditional mechanism of delivery of development support through project assistance to delivery by way of budgetary support."

Falling …

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