Chambers of Commerce Campaign to End Covid in the Region Call to Action | Local company
Call to Action: The ICC Campaign to End the Caribbean Pandemic
COVID-19 has worsened an already difficult economic climate in Trinidad and Tobago and other countries in the region, many of which depend on tourism and related products. The declaration of a pandemic has almost paralyzed certain sectors, and even prompted a number of companies to retreat. The private sector in the region therefore has a vested interest in all measures aimed at pulling our countries out of the pandemic and aligning with global efforts.
On April 28, 2021, the Trinidad and Tobago Chamber of Industry and Commerce, along with the Caribbean Chambers of Commerce (CARICHAM) and the Caricom Private Sector Organization (CPSO) will join the Chamber International Trade Council (ICC) for a regional webinar “Call to Action: The ICC Campaign to End the Caribbean Pandemic”. The T&T Chamber has been a member of the ICC for over two decades and is committed to achieving its overarching goals.
The ICC campaign is a global initiative executed through its national committees that seeks to advance measures to accelerate the exit from the crisis. According to the ICC, “… a growing body of evidence shows the critical role companies will need to play in addressing public concern about new vaccines, particularly as a reliable provider of information, advice and guidance. practical solutions. ”
The current pandemic is undoubtedly unprecedented in the Caribbean. No pandemic has been declared in the living memory of any of the current leaders. Moreover, where national disaster plans existed, it is unlikely that a global pandemic and its consequences would have been taken into account. The economies of the Caribbean have had to withstand several shocks over the past decade, whether due to declining tourism, falling oil prices or extreme natural events. However, typical resilience has been a bad match for Covid-19. And the longer the pandemic persists, the more at risk these islands are. As governments strive to strike a balance between lives and livelihoods, one inescapable fact remains: the rate of economic recovery will be dictated by how effectively the virus is brought under control.
In its February 2021 CCI Global Vaccine Campaign – End the Global Pandemic, the CCI notes that “… studies have shown that effective testing and verification systems have significant untapped potential for restore economic activity and global mobility. ”
He goes on to say that demand for vaccines is likely to exceed supplies for months to come “- and with the virus spreading faster than ever – it will be vital for governments to use all available tools to reduce transmission. virus. “
The campaign is supported by the ICC’s access to the Covid-19 (or ACT Accelerator) tools, which was launched on April 24, 2020. This aims to accelerate the development of tests, treatments and vaccines, and to ensure fair access to Covid-19 tools around the world. This was made possible with the support of a global coalition of public, private and multilateral donors.
The April 28 session aims to start the conversation on the role of the private sector in immunization deployment. The meeting will be moderated by the current President of CARICHAM and CIC Secretary General John WH Denton, AO, will deliver opening remarks. Secretary General Denton is a global business leader and international policy advisor, as well as a legal expert on international trade and investment. Currently, he is also a board member of the United Nations Global Compact and co-chair of the B20 working group on finance and infrastructure. A former diplomat, he was appointed an Officer of the Order of Australia for his service to business, the arts and refugee rights, including as founder of Human Rights Watch (Australia) and Teach for Australia.
Because of the importance of this discussion to the region, we invite businesses across the Caribbean to join the 90-minute Zoom webinar as we begin to chart the way out of Covid-19. The discussion will review and advocate for the adoption of the ICC Roadmap for Action. The roadmap is contextual in terms of five major downside risks. These include: Banking on vaccines as a quick fix; Vaccine nationalism; Production disruptions; Frictions related to trade logistics; and reluctance to vaccines.
As a responsible national business organization and member of the ICC, the T&T Chamber believes that the private sector has a key role to play in ensuring effective deployment of vaccinations to the population. This can be seen as a key part of the global cooperation needed to contain the pandemic and bring the region back to economic stability.
John WH Denton is the Secretary General of the International Chamber of Commerce.
The webinar is available free of charge to members of the T&T Chamber and representatives of businesses across the Caribbean. Join us on April 28, 2021 from 10 a.m. to 11:30 a.m. via Zoom to be part of this critical discussion.
For more information about this session, send an email to [email protected]