CTO News

CTO & CACCI Create Cooperation Strategy for Diaspora for 2017-18

NEW YORK, NY (Aug. 21, 2017) – The Caribbean Tourism Organization (CTO) and the Caribbean American Chamber of Commerce and Industry (CACCI) recently formalized a cooperation strategy between the two organizations to strengthen the role of the Caribbean Diaspora while sharing resources and creating sustainability for the people and the region.

“CACCI believes that now is indeed the time for serious, positive action. We stand ready to support the regional integration process and will continue to respond positively to the Caribbean Tourism Organization (CTO), CARICOM, and OECS heads of government for assistance requested,” Dr. Roy A. Hastick Sr., the president and chief executive officer of CACCI  said in reference to the Caribbean Community and sub-regional grouping, the Organization of Eastern Caribbean States, as he introduced Hugh Riley, the secretary general of the CTO, to the member delegates.

Dr. Hastick continued, “This is an excellent opportunity to reaffirm our commitment to continue to work with you and your team, and continue the collaboration on which to build an even more unified and stronger Caribbean Community.”

In his remarks CACCI Board Chairman Mr. Edmund Sadio made mention of the longstanding relationship between CACCI and the CTO and the important role of CACCI’s founder in being an unofficial ambassador for the Caribbean Diaspora.

“As the tourism development agency for the Caribbean, the CTO recognizes the role of the Caribbean Diaspora in contributing to the tourism success of our member-countries, generating investment, stimulating a wide range of commercial activity, injecting significant amounts of foreign exchange, and influencing decisions at the highest levels of the public and private sectors,” said Riley.  “CACCI has been an influential force in building valuable business relationships between the Caribbean Diaspora and the decision-makers of New York City and New York State. Our communities continue to benefit from Dr. Hastick’s credo that business networking works.”

As part of the meeting, CTO and CACCI finalized arrangements for reciprocal membership, making each organization a member of the other with the two leaders formalizing the process by an exchange of documents and membership insignia.

The next steps are to begin implementing elements of the cooperation strategy for 2017-18, including investment prospects for the Caribbean, educational opportunities for Caribbean students, and CACCI’s involvement in Caribbean Week New York 2018 scheduled for June, which has been designated as National Caribbean-American Heritage Month in the U.S.

Posted in: 2017 News, Blog, Corporate News

Leave a Comment (0) ↓