Caribbean agriculture development efforts to fight poverty and hunger will receive a boost of Euro 8,6million (US$11,3m) from the European Development Fund in 2012.
Operation of the Agriculture Policy Programme and the actual disbursement of funds is expected to start in the second quarter of this year.
The fund is aimed to increase the effectiveness of Caribbean agricultural organisations to address the development needs of smallholder agriculture, by promoting and supporting inter and intra-regional trade.
The Caribbean Community (CARICOM) secretariat, Caribbean Agriculture Research and Development Institute (CARDI) and the Inter-American Institute for Cooperation on Agriculture (IICA) will manage the fund.
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