ABOUT CCAA

A BRIEF HISTORY

Caribbean-Central American Action (CCAA) began as the “Committee on the Caribbean” in April 1979 with a dedicated group of U.S. and regional business leaders meeting with President Jimmy Carter and Governor Bob Graham in the White House.  The objective was to enhance the economic development and regional prosperity of the Caribbean and Central America through private enterprise investment. Early on, U.S. Congressional involvement with CCAA became an important agenda to maintain interest and focus on the region.  The current Congressional Caribbean Caucus is a continuation of this early effort to ensure Congressional awareness of our third border, the Caribbean and Central America. Over the years, our involvement has been central to the advancement of important legislation, from the passage of the Caribbean Economic Recovery Act (CBERA) in the early 1980’s and continues today with the 2016 U.S.-Caribbean Strategic Engagement Act. Because CCAA has been such a force in moving policy forward, since CCAA’s inception over 50 Heads of State, Cabinet members and government Ministers, have participated at CCAA’s meetings. The success for the United States is evident in the fact that the Caribbean basin countries in total are today the 6th largest buyers of U.S. exports* in the world and where the United States has a balance of trade surplus. Success for the Caribbean and Central America is evident in the increased prosperity for the people of the region. *U.S. Dept of Commerce Statistics

the way forward

CARIBBEAN-CENTRAL AMERICAN ACTION (CCAA) provides leadership for a world-class regional business climate through actions and advocacy that promote economic development.  CCAA is committed to fostering public-private collaboration to ensure long-term sustainability in its core program areas, and as we look to the future, CCAA is focusing on the reality that technology is the fuel that will drive growth and prosperity.

 

our program areas are:

One of CCAA’s most requested events, the Disaster Management Workshop Series (DMWS), will continue in 2018 with workshops in Grenada, St. Vincent and the Grenadines and Montserrat.  For over 20 years, the DMWS, co-sponsored by member-company Tropical Shipping, has brought together public and private sector partners for discussions on community and business resiliency through disaster preparedness, business continuity practices, and the provision of fuel, communications and power restoration, through leadership training.  Following the destructive 2017 hurricane season, the CCAA Disaster Resilience Program will build on this core mandate and deepen collaboration with the broader stakeholder community to support economic resilience in the vulnerable Caribbean/Central American region.
For the first half of 2018, CCAA will be continuing its contracted role as the Coordination Team for the Caribbean Sustainable Energy Roadmap and Strategy Platform (C-SERMS). The CCAA Energy Program will work primarily at the intersection of energy issues and other Business Team focus areas, specifically the policy and resilience teams.
CCAA will continue to address the challenges to banking and financial services in the Caribbean Basin, taking a critical look at the solutions that empower smaller economies to compete in the global financial system.  Following a highly successful forum in 2016 that brought together Ministers of Finance and Central Bank Governors, and which included a private meeting with the U.S. Secretary of the Treasury, in 2018 CCAA will continue the discussion on correspondent banking, reputational risk, and technology. The Finance and Banking Program will bring together diverse viewpoints and be a catalyst for innovative policy and business solutions, all to the benefit of Caribbean and Central American economies.
CCAA has long been a leading voice for the region in Washington, testifying in Congress and working with the Administration, international financial institutions, and think tanks to support regional economic development.  CCAA also has an important role in conveying a private-sector perspective to regional governments on issues germane to creating the structure for a world class competitive trade and investment environment.  In 2018, the Policy Program will continue CCAA’s advocacy on the implementation of the “U.S.-Caribbean Strategic Engagement Act”, and will support policy advocacy across Business Teams, including trade policy, response to regional disasters, U.S. energy policy, and priorities of the financial services industry.
Transportation infrastructure, and passenger and cargo handling efficiencies, are key to establishing competitive economies.  In 2018, the CCAA Transportation Program will engage business and government stakeholders to support efforts to implement world-class competitive standards in customs processes and to improve air, land and sea connectivity services throughout the region.  The Team will include representation from regional businesses, air, land and sea transportation and logistics companies, and manufacturing and agricultural interests.

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