The Caribbean Special Economic Zone Association Aruba initiative was officially launched during the World Free Zone Conference in Panama City.
Minister of Finance, Economic Affairs and Primary Sector Geoffrey Wever, together with Free Zone Aruba Director Walter Mosher, participated in strategic regional and international discussions focused on innovation, sustainability, and strengthening Aruba’s competitive position in the Caribbean.
During the conference, Aruba signed a Memorandum of Understanding (MOU) to establish the Caribbean Special Economic Zone Association (Cari-SEZA). The initiative aims to strengthen cooperation between Special Economic Zones across the Caribbean region.
The Caribbean Special Economic Zone Association Aruba agreement is part of Aruba’s broader strategy to modernize its Free Zone model and transform it into a hub for innovation, investment, and knowledge-based economic activity.
Minister Wever participated in several roundtable discussions addressing topics such as economic diversification, digitalization, sustainability, nearshoring, governance, and attracting international investment.
Aruba also held bilateral meetings with officials and investors from countries including the United Arab Emirates, Jamaica, Barbados, Curaçao, Panama, Brazil, the Dominican Republic, and the United States to explore future collaboration opportunities.
According to the government, the new regional association will help improve the Caribbean’s global competitiveness, attract investment, and strengthen regional trade and logistics cooperation.
Minister Wever stated that Aruba’s participation in international platforms is essential to further position the island as a regional center for innovation, investment, and economic development.
