This Agreement directly supports the project ‘the Implementation of the Mutual Evaluation Programme’ which is expected to undertake a series of workshops and seminars to build technical capacity, carry out public education and awareness activities, and develop an Information Communication Technology platform called the ‘Virtual Learning and Collaborative Centre’ (VLCC) which will allow CFATF members to access resource databases. The project also seeks to evaluate compliance in the financial and related sectors in CFATF member countries, to ensure that international standards are adhered to. The project’s direct beneficiaries are the CARIFORUM Member Countries. The original duration of the project’s implementation period was 58 months. Due to unavoidable delays caused by the COVID-19 Pandemic, a 14-month ‘Non’ Cost Extension was approved by the EU Delegation Office. The original 58-month period (which would have ended in July 2023) was extended to 72 Months. The project now ends in August 2024.