AGP Executive Report
Last update: 4 hours agoShipping Costs: CARICOM’s private sector is seeking permanent U.S. fee exemptions for Caribbean short-sea shipping, warning that higher costs could raise prices for food, fuel and other essentials. The current suspension expires November 9, with a two-month extension proposed. Investment Migration: Saint Lucia and four other Eastern Caribbean states face a November 12 deadline to respond to an EU request to phase out citizenship-by-investment programmes by June 2028, putting a significant source of public revenue and investment under pressure. Energy: LUCELEC has bought 70 acres in Micoud for a 10 MW solar farm with battery storage. Expected to open in 2028, it could offset about 1.2 million gallons of imported fuel a year. Creative Economy: A new digital marketplace planned through RISE Saint Lucia and the Taiwan Technical Mission aims to help local artists, musicians and artisans sell and promote their work online. Regional Transport: Ferry operator FRS Express des Îles has added a temporary €5 one-way fuel surcharge on routes linking Saint Lucia with Dominica, Guadeloupe and Martinique. Financial Technology: PrimeXBT announced a Castries-issued launch of tools connecting ChatGPT and Claude to trading accounts, including AI-assisted order preparation subject to trader confirmation.
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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