AGP Executive Report
Last update: 9 hours agoFood Security & Trade: Caribbean agriculture ministers meeting at Caribbean Week of Agriculture in Jamaica say food security won’t come from more production alone—farmers also need workable regional logistics, harmonised standards, cold-chain capacity, and a financing model that matches Caribbean realities. Port & Shipping Modernisation: Caribbean port leaders, after a study visit to European hubs, are mapping practical priorities to cut emissions, improve resilience, and move from port “ambition to implementation” with support from the Caribbean Shipping Association and IDB. Aquaculture for Resilience: A Caribbean Blue Foods stakeholder workshop in Kingston will spotlight aquaculture as climate-resilient “blue food” and push for stronger STEM training and investment pathways. Tourism Jobs & Informality: An ILO study warns that Eastern Caribbean tourism’s big economic role is undermined by informality, weak labour protections, skills gaps, and limited access to finance—calling for decent work and productivity gains. Electricity Costs: LUCELEC says September 2026 fuel surcharge is 35.6 cents per kWh, reflecting higher August fuel costs and ongoing volatility despite hedging. Connectivity Upgrade: EllaLink launches the EllaLink Caribbean Gateway initiative, moving from design to committed investment, targeting service by end-2029 for routes linking French Guiana to Martinique/Guadeloupe and branches for Aruba, Curaçao and Bonaire. Payments Innovation: Bank of Saint Lucia and Discover Network held a merchant seminar on “Tap to Pay” and modern payment expectations for businesses. Regional Business Deal: Royal Caribbean’s planned US$3bn, 50% stake in Sandals and Beaches is framed by regional private-sector groups as a major boost for Caribbean tourism scale and cruise-to-land integration.
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