AGP Executive Report
Last update: 3 hours agoCARICOM Affordability Push: CARICOM leaders, the OECS Business Council and the private sector agreed on measures to cut household costs, including lowering import and freight expenses, removing intra-regional trade barriers, diversifying imports, and speeding up a regional ferry plan to improve movement of goods. Border Security Upgrade: The US DHS signed a landmark biometric data-sharing memorandum with CARICOM’s IMPACS to strengthen border security and immigration vetting across the region. CBI Under EU Pressure: CARICOM’s chairman said heads of government did not collectively tackle CBI at the St. Lucia summit, while Eastern Caribbean leaders met in Dominica to plan a coordinated response to the EU’s revised visa suspension mechanism, including a high-level Brussels mission. Regional Trade & Logistics: OECS and CARICOM discussions also focused on reducing transport and logistics costs and improving tourism linkages to support local industry. Labour Compliance: Saint Lucia’s Department of Labour engaged private security providers to improve compliance with labour laws and address recurring wage and termination complaints. Currency Update: The ECCB unveiled redesigned EC banknotes featuring Caribbean heroes, with full rollout planned from late 2027. VAT Refund Pressure: Trinidad’s manufacturers’ association renewed calls to clear VAT refund backlogs that are limiting reinvestment and job creation.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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