A delegation from Barbados led by the Trade Minister, Davidson Ishmael, are in Rwanda on knowledge exchange visit. The exploration focused on different areas, including tourism promotion and financial services.
The team was received by Clare Akamanzi, CEO of Rwanda Development Board (RDB).
The visiting delegation, which included Mark Hill, CEO of Barbados Investment and Development Corporation (BIDC) and Kaye Brathwaite, CEO of Invest Barbados, the national investment promotion agency, was invited to attend the upcoming Commonwealth Business Forum in Kigali from June 21-23.
After visiting RDB, the delegation will be meeting other officials from government and the private sector.
Rwanda and Barbados have recently embarked on a journey to strengthen bilateral ties that will provide opportunities for the people of both countries.
Barbados is the 52nd richest country in the world in terms of GDP (Gross Domestic Product) per capita, has a well-developed mixed economy, and a moderately high standard of living. According to the World Bank, Barbados is one of 83 high income economies in the world.
Traditional trading partners include Canada, the Caribbean Community (especially Trinidad and Tobago), the United Kingdom and the United States. Recent government administrations have continued efforts to reduce unemployment, encourage foreign direct investment, and privatise remaining state-owned enterprises.
About Barbados
Barbados is an island country in the Lesser Antilles of the West Indies, in the Caribbean region of the Americas, and the most easterly of the Caribbean Islands. It occupies an area of 432 km2 (167 sq mi) and has a population of about 287,000 (2019 estimate). Its capital and largest city is Bridgetown.
Inhabited by Kalinago people since the 13th century, and prior to that by other Amerindians, Spanish navigators took possession of Barbados in the late 15th century, claiming it for the Crown of Castile. It first appeared on a Spanish map in 1511.
The Portuguese Empire claimed the island between 1532 and 1536, but abandoned it in 1620 with their only remnants being an introduction of wild boars for a good supply of meat whenever the island was visited.
An English ship, the Olive Blossom, arrived in Barbados on 14 May 1625; its men took possession of the island in the name of King James I.
In 1627, the first permanent settlers arrived from England, and Barbados became an English and later British colony. During this period, the colony operated on a plantation economy, relying on the labour of enslaved Africans who worked on the island's plantations.
The slave trade to the island continued until it was outlawed by the Slave Trade Act 1807, with final emancipation of the enslaved population in Barbados occurring over a period of five years following the Slavery Abolition Act 1833.
On 30 November 1966, Barbados became an independent state and Commonwealth realm with Elizabeth II as Queen of Barbados. In October 2021, Sandra Mason was elected by Parliament to become the first President of Barbados.
On 30 November 2021, Mason replaced Queen Elizabeth as head of state, with Barbados transitioning to a republic within the Commonwealth of Nations.
Barbados is a developed and peaceful country with a very high quality of life. Barbados's population is predominantly of African descent. While it is technically an Atlantic island, Barbados is closely associated with the Caribbean and is ranked as one of its leading tourist destinations.
Originally Published by Taarifa
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
