AGP Executive Report
Last update: 7 hours agoCBI and EU Talks: Prime Minister Philip J. Pierre says Saint Lucia has sent its position on the Citizenship by Investment Programme to the EU and is awaiting a response. He declined to disclose the letter, citing diplomatic confidentiality, as the November 12 deadline approaches. The EU wants five Eastern Caribbean programmes phased out by June 2028; Pierre says Saint Lucia wants to retain the programme’s economic benefits while addressing concerns. Tourism Links: Delta plans to extend weekend flights to Saint Lucia in summer 2027, adding airlift that could support visitor demand. Banking Access: Amendments to the Banking Act establish a free, interest-earning basic account for eligible low-income and vulnerable consumers, alongside stronger customer protections and clearer complaint processes. Community Investment: The Social Development Fund and Caribbean Development Bank have launched a EC$14.9 million programme for upgrades to schools, water systems and sanitation in vulnerable communities. Local Business: The Saint Lucia-Taiwan Partnership Trade Show brought together 65 local businesses and Taiwanese companies to showcase products, technology and innovation.
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