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  • June 11, 2013
    775

    Government to introduce renewable energy legislation

    BRIDGETOWN, Barbados, CMC – The Barbados government says it will soon introduce legislation to facilitate renewable energy generation on the island. “We expect, within the next few months, to have the legislation passed for independent power producers,” said Energy Minister Darcy Boyce, adding “we’ve done this in consultation with the Barbados Light and Power (BL&P) because we do have to…

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  • June 11, 2013
    752

    Finance Minister leads delegation to Europe for talks

    KINGSTON, Jamaica, CMC – Finance Minister Dr. Peter Phillips is leading a delegation to Europe for talks with officials from a financial institutions, according to an official statement released here. It said that the talks are intended to apprise agents in the international capital markets of developments on the government’s economic reform programme and the growth agenda. Information Minister Sandrea…

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  • June 11, 2013
    840

    Govt taps $833m from Chinese

    PORT OF SPAIN, Trinidad – Trinidad and Tobago is already beginning to put some $833 million of the US$3 billion in concessional loans from China to use. Prime Minister Kamla Persad-Bissessar announced yesterday this country will be able to immediately access $833 million of these funds to accelerate the development of Business/Commercial and Industrial Parks throughout Trinidad and Tobago. “We…

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  • June 11, 2013
    856

    Sino-Caribbean relations: Priorities and tradeoffs

    GEORGETOWN, Guyana – The visit to the Caribbean earlier this month by Chinese Leader Xi Jinping and the simultaneous announcement that the region would be the beneficiary of yet another huge tranche of financial aid from the People’s Republic of China (PRC) lends a predictable continuity to Beijing’s pursuit of the use of economic diplomacy as a tool with which…

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  • June 11, 2013
    757

    UN condemns forced eviction of families

    PORT AU PRINCE, Haiti, CMC – A senior United Nations official has expressed concern about ongoing illegal forced evictions and human rights abuses of families displaced by the 2010 earthquake. The Office of the Humanitarian Coordinator for Haiti said that earlier this month, the United Nations was informed that 120 to 150 families displaced by the earthquake and residing in…

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  • June 11, 2013
    770

    Not up to mark!

    BRIDGETOWN, Barbados – A row may be brewing between Barbados and the Caribbean’s executive director at the Inter-American Development Bank (IDB). And the quarrel revolves around the “management of the Caribbean constituency office”, which represents the interest of The Bahamas, Barbados, Guyana, Trinidad and Tobago and Jamaica at the IDB. The office is headed by an executive director and an…

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  • June 11, 2013
    764

    Countries slow to ratify Cariforum/EU EPA

    PORT OF SPAIN, Trinidad – Political will is needed for all the countries in Cariforum and the European Community to ratify the Economic Partnership Agreement (EPA), British High Commissioner to T&T Arthur Snell said yesterday. He admitted that implementation of the agreement has “not been as speedy as we would have wished.” Snell, who spoke with reporters during the lunch…

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  • June 11, 2013
    813

    JMA to AJ Nicholson: ‘Step aside, minister’

    KINGSTON, Jamaica – THE Jamaica Manufacturers' Association (JMA) yesterday told Foreign Affairs and Foreign Trade Minister AJ Nicholson to step aside or start singing a different tune on the trade dispute between Jamaica and Trinidad and Tobago. In a strongly worded reaction to Nicholson's outburst in the Senate on Friday against their criticism of Trinidad and Tobago's trade practices, the…

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  • June 11, 2013
    809

    The ongoing trade deficit problem for T&T and Jamaica

    BRIDGETOWN, Barbados – THE RECURRING challenges of a widening trade deficit for Jamaica with Trinidad and Tobago featured again in the Jamaican senate last Friday but climaxed with an understanding to pursue a non-confrontational strategy for reversal of this lingering negative trend. For all their often feisty political quarrels, both government and opposition senators joined forces to echo dissatisfaction over…

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  • June 11, 2013
    354

    Caribbean Regional Aid for Trade Strategy launches in Haiti –

    Turning market access into market presence What is Aid for Trade? Aid for Trade is a sub-set of official development assistance. In the broadest sense it refers to the flow of development finance/aid from developed countries and multilateral funding agencies to developing countries to enhance their participation in the multilateral trading system. Why the need for a Strategy? The Caribbean…

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