GOVERNMENT Minister Nicholas Morris has called for urgent reforms to the way development financing is accessed by Caribbean nations, warning that many of the region’s most pressing challenges cannot be solved through unilateral action and require stronger regional cooperation backed by reliable funding.

Morris, a Minister in the Office of the Prime Minister, was speaking during a High-Level Private Sector Dialogue held within the framework of the 56th General Assembly of the Organisation of American States (OAS) in Panama on Sunday.

He said that multilateralism remains the most effective mechanism through which small states can pursue their development goals in an increasingly fragmented global environment.