Under the theme, “Stimulating Private Sector Development and Economic Growth”, The Ministry of Finance in collaboration with Compete Caribbean Partnership Facility hosted the workshop in an effort to start a dialogue on generating innovation in the private sector.

Digital diplomacy, a priority for the State Department under the Obama administration, appears to be at a crossroads. [...] The department is particularly challenged now, Cochran said, "because there are not enough leaders in the building." "What you need is assistant secretaries, you need undersecretaries, you need deputy secretaries,” he added. “You need a team of people telling the crew, where's this ship going."

Canada will set up a new financing institute in Montreal to help co-ordinate private sector investments in developing countries.Prime Minister Justin Trudeau and International Development Minister Marie-Claude Bibeau made the announcement during a press conference in Montreal on Friday. The Development Finance Institute (DFI) will facilitate partnerships between small and medium companies in the private sector in order to leverage investment in developing countries, particularly in sustainable development and poverty reduction.