AGP Executive Report
Last update: 12 hours agoCost-of-Living Push: CARICOM leaders, the OECS Business Council and private sector groups agreed on measures to cut import costs, remove trade barriers and improve regional transport, with a key focus on advancing a private-sector regional ferry plan and setting a September 2026 deadline for regulatory steps on insurance, licences and road taxes. CARICOM Summit Communiqué: The 51st CARICOM Heads of Government meeting in Saint Lucia (5–8 July) concluded with leaders spotlighting affordability and consumer protection, while also noting regional governance and integration priorities. CBI Silence Sparks Questions: CARICOM Chair Philip J. Pierre said CBI was not discussed at the summit, arguing it mainly affects the five active CBI states and that domestic policy remains national, even as Europe’s visa-free stance tightens. Marine Security: Saint Lucia’s Marine Unit was highlighted as central to border and coastal patrols targeting smuggling of contraband, firearms and ammunition, with patrols set to increase. Labour Compliance Drive: Saint Lucia’s Department of Labour met private security providers to address recurring wage, payslip and overtime complaints and push voluntary compliance with the Labour Act. VAT Refund Backlog: Trinidad’s manufacturers’ association urged urgent action on outstanding VAT refunds, warning delays are choking reinvestment and job creation. Regional Cargo Ferry Plan: Trinidad and Tobago will provide a temporary cargo ferry to lower intra-regional shipping costs while a permanent regional ferry system is developed. Water Project Update: WASCO said the Patience Water Supply Redevelopment Project is nearing completion, with major milestones reached and a new treatment plant expected soon.
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