His Highness indicated that the Kingdom shares the belief in the importance of assurance with the Caribbean countries pacesecurity and stability in order to refocus efforts towards national development and mutual prosperity, indicating that the Kingdom is committed to working with international partners to achieve the goals of sustainable development by 2030.
His Highness said: “The Kingdom is a pioneer in providing humanitarian and development aid in worldwide, and is a top 10 donor to low- and middle-income countries, and King Salman Humanitarian Aid and Relief Center is at the forefront of disaster response and relief efforts, in as it provided more than $1.3 billion in aid.” to the Caribbean countries.
He added, “The Saudi Fund for Development is highly supportive of key projects and acts as an integral part of our global partnerships which have begun to expand. In the Caribbean, the Fund is currently working on projects to the tune of $242.6 million and recently approved 11 loans worth more than $510 million, and the fund is considering an additional $260 million for pipeline participation in several sectors, including healthcare, infrastructure, renewable energy and water.
His Highness the Minister for Foreign Affairs has renewed the Kingdom’s commitment to promoting common interest priorities under the United Nations Framework Convention on Climate Change, together with other countries in via of development of the Caribbean region, referring to what the Kingdom is doing by engaging global partners in advancing various initiatives that enable greater climate action, in the context of different national conditions and efforts towards sustainable development.
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