AGP Executive Report
Last update: 4 hours agoCannabis Finance: Saint Lucia’s planned legal cannabis industry faces a key hurdle: whether banks will handle its transactions. The Regulated Substances Authority says businesses need access to banking to pay workers, suppliers and taxes. Banking: Republic Bank (EC) Limited, Saint Lucia, won the ECCU Financial Education and Empowerment Award, while Grenada Co-operative Bank took the top regional honour. Climate Finance: At COP31, Prime Minister Philip J. Pierre urged wealthier nations to provide more grants, affordable financing and simpler access to climate funds, warning that disaster recovery diverts money from public services and development. Tourism: The Saint Lucia Tourism Authority won a Global Tourism Forum award for its “Come to Your Senses” campaign, which uses digital tools, including AI, to market the island’s experiences. Investment Policy: Saint Lucia has sent its position on the citizenship-by-investment programme to the EU, but Pierre has not disclosed details as pressure grows for Eastern Caribbean programmes to end by 2028. Agriculture: A technical mission with IICA and CATIE is developing recommendations to modernise farming and strengthen food security under the Government’s Green Revolution agenda.
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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