Jerome Smalling, CEO of JMMB Bank
Jamaica's business leaders say they are now convinced that regional integration is an economic necessity because the world is becoming more fragmented and protectionist pressures are rising.
Speaking at the recently concluded Jamaica Stock Exchange 21st Regional Investments and Capital Markets Conference, Jerome Smalling, Chief Executive Officer of JMMB Bank Limited, stressed that geopolitical tensions and shifting trade policies risk pulling the Caribbean in different directions.
He warned that this will occur unless there is a deliberate effort to coordinate regionally, adding that the Caribbean must remain focused on mitigating the negative effects of a potentially divided region.
Mr. Smalling also told his audience that a united Caribbean approach - which includes the free flow of capital, talent and services - is vital to the region's growth and development.
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