Trade
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Saint Lucia approves incentives for 20 new tourism projects – CARICOM Business
The St. Lucia government says it is anticipating investment in the tourism industry to surpass EC$320 million as a result of negotiations with various investors during the first 8 months of this year. “Investors are showing a high level of confidence and interest in St Lucia’s economic prospects. This is evident by the level of tourism investments which have been…
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Remarks by CARICOM Secretary-General at Opening, First AfriCaribbean Trade and Investment Forum, Barbados, 1 September 2022
The First CARICOM-Africa Summit held on 7 September 2021, opened a new chapter in the deep-rooted and strong relations between CARICOM and Africa. It set in motion various initiatives to further deepen and strengthen relations between the African continent and the Community. In particular, the Leaders underscored the need to foster increased trade, investment, air travel, and maritime shipping links,…
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Antigua registers 7% increase in tourist arrivals in July – CARICOM Business
Antigua and Barbuda has reported a 7% increase in tourist arrivals in July as the country continues to record a “steady rebound” in visitor arrivals in the wake of the coronavirus (COVID-19) pandemic that had forced the closure of borders. The Ministry of Tourism said during July, Antigua and Barbuda welcomed 24,673 visitors, an increase of 23,405 from the corresponding…
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Barbados Gov’t caps fuel prices – CARICOM Business
Effective August 19, consumers in Barbados will be paying less for gasoline and diesel as Prime Minister Mia Mottley announced that the price of fuel at the pump will be capped for the next five months. Gasoline will cost BDS$4.48 (US$2.24) per litre, while diesel will be BDS$4.03 (US$2.01) until January 31, 2023. Mottley also said that the cap on…
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Remarks by Chairman of CARICOM, Opening, Agri Investment Forum and Expo II, Trinidad and Tobago, 19 August 2022
Prime Minister of Trinidad and Tobago:The Honourable Doctor Keith Rowley,Prime Minister of Barbados:The Honourable Mia Amor Mottley,President of the Co-operative Republic of Guyana: His Excellency Mohamed Irfaan Ali, Secretary General of the CARICOM Secretariat:Doctor Carla Barnett,Other Dignitaries,Members of the press,Ladies and Gentleman, Good day to you all! I am pleased, to join you, at this Agri-Investment Forum and Expo II…
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Remarks by CARICOM Secretary-General, Opening, Agri Investment Forum and Expo II, Trinidad and Tobago, 19 August 2022
Dr. the Honourable Keith Rowley, Prime Minister of the Republic of Trinidad and Tobago; Your Excellency Chandrikapersad Santokhi, President of the Republic of Suriname and Chairman of the Conference of Heads of Government of the Caribbean Community; Other Heads of Government; Honourable Ministers; Head of Regional Institutions; International Development Partners; Members of the Diplomatic Corps; Young People of the Region;…
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TT Central Bank authorises first company to issue e-money – CARICOM Business
The Central Bank of Trinidad and Tobago has issued a provisional registration to PayWise Limited as an electronic money (e-money) issuer. The provisional registration authorises PayWise to issue e-money in Trinidad and Tobago from September 1, 2022, becoming the first entity, apart from banks and non-bank financial institutions, so authorised. PayWise will also be allowed to enlist new customers. PayWise…
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CARICOM Secretary-General announces appointment of two (2) new Members of the Executive Management Committee of the CARICOM Secretariat
Secretary-General of the Caribbean Community (CARICOM), Dr. Carla N. Barnett, has announced the appointment of two (2) new Members to the Executive Management Committee at the CARICOM Secretariat. They are Ambassador Donna Forde as Assistant Secretary-General, Foreign and Community Relations, and Ambassador Wayne McCook as Director General of the Office of Trade Negotiations (OTN). Ambassador McCook replaces Ambassador Gail Mathurin…
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Capitalise on opportunities pandemic creates – CARICOM ASG urges Region
The Region’s emergence from the widespread impact of the pandemic underpinned the discussions of the CARICOM Trade Ministers who met 23-24 November for the 53rd Council for Trade and Economic Development (COTED). The two-day Ministerial addressed a number of matters that focused on the continued safe reopening of economies in a COVID-19 environment, re-configuring business processes and digitalisation, and consolidating…
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JOINT COMMUNIQUE: First Meeting of the CARIFORUM – United Kingdom Economic Partnership Agreement’s (EPA) Trade and Development Committee
The first meeting of the CARIFORUM – United Kingdom Economic Partnership Agreement’s (EPA) Trade and Development Committee took place via videoconference on 7 October 2021. The meeting, chaired by CARIFORUM, was attended by representatives from Antigua and Barbuda; Barbados; Belize; The Commonwealth of the Bahamas; The Commonwealth of Dominica; The Dominican Republic; Grenada; The Republic of Guyana; Haiti, Jamaica; Saint…
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