AGP Executive Report
Last update: 10 hours agoCARICOM Summit Wrap-Up: The 51st CARICOM Heads of Government meeting in St. Lucia ended with leaders pushing cost-of-living relief and regional expansion, including stronger consumer protection, faster progress on free movement, and work on an affordable intra-regional ferry to boost travel, trade and food security. Humanitarian & Sanctions Reality: CARICOM’s humanitarian aid for Cuba was cleared for delivery after repeated banking rejections tied to sanctions hurdles, underscoring how regional trade and finance can get stuck. ECCB & Monetary Stability: The ECCB marked 50 years of the EC dollar’s fixed exchange rate and set the stage for its next phase, while the ECCB Monetary Council prepares to review ECCU monetary and credit conditions. Regional Integration Push: Outgoing CARICOM chair Terrance Drew urged leaders to modernise governance and improve implementation, while CARICOM’s Secretary-General called for closing gaps that leave the region exposed to shocks. CBI Under Pressure: EU letters demanding OECS states phase out Citizenship by Investment by 2028 sparked warnings that the revenue model—and visa-free access—could be hit hard. Business & Trade Moves: Trinidad and Tobago offered a temporary ferry to move cargo regionally, and regional agriculture research groups showcased innovations aimed at boosting yields and cutting food imports. Regional Dispute Watch: CARICOM agreed to refer the Secretary-General reappointment dispute to the CCJ for an advisory opinion, after Trinidad and Tobago challenged the process.
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