The Biden administration on Monday launched the “Small and Less Populous Island Economies (SALPIE) Initiative,” an economic cooperation framework designed to strengthen U.S. collaboration with island countries and territories in the Caribbean, North Atlantic, and Pacific regions. Pandemic-related economic disruptions have caused an unprecedented global crisis, and import and tourism-dependent island economies have not been spared. SALPIE partners are geographically diverse island economies that face similar challenges. Re-focusing our economic relationships with these partners will advance shared interests and promote economic recovery and resilience. Programs that support climate initiatives, sustainable energy development, natural disaster response and resilience, and other critical environmental and sustainability issues.

Source: The North Africa Journal March 22, 2021 20:37 UTC