AGP Executive Report
Last update: 6 minutes agoOECS–EU CBI Response: OECS heads met in Dominica to review the EU’s latest Citizenship by Investment pressure and agreed to coordinate a response, including a high-level mission to Brussels to explain the economic realities for small island states. CARICOM Reparations Push: CARICOM leaders backed reparatory justice as a key theme for CHOGM in Antigua, with steps including a reparations report framework and continued regional advocacy. Affordability Agenda: At the CARICOM summit in St. Lucia, governments and the private sector agreed on practical measures to cut the cost of living—lower fuel import taxes, reduce intra-regional cargo costs, expand renewables, and fast-track a regional ferry service. ECCB Currency Update: The ECCB unveiled redesigned EC banknotes featuring Caribbean heroes and regional icons, replacing Queen Elizabeth II’s portrait, with the new series rolling out from late 2027. Labour Compliance Drive: Saint Lucia’s Department of Labour engaged private security companies to improve compliance with the Labour Act, address recurring wage and termination complaints, and strengthen workplace relations. VAT Refund Backlog (Regional): Trinidad’s manufacturers’ association urged urgent action on outstanding VAT refunds, warning delays are choking reinvestment and jobs. Border Security Deal (Regional): The U.S. DHS signed a cooperation memorandum with CARICOM IMPACS to strengthen border security and immigration vetting through biometric data sharing. Tourism & Travel Offers: Windstar and Star Clippers launched limited-time cruise promotions, while regional travel demand remains a focus as leaders tackle affordability.
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