AGP Executive Report
Last update: 10 hours agoCARICOM Affordability Push: At the 51st CARICOM Heads meeting in St. Lucia, leaders and the private sector agreed on steps to cut household costs by lowering import and cargo expenses, removing intra-regional trade barriers, diversifying imports, and fast-tracking a private-sector regional ferry plan. Regional Transport & Logistics: The group set a September 2026 target for regulatory groundwork to enable mutual recognition of insurance, licences and road taxes—aimed at making movement of goods and services cheaper across the region. Local Labour Compliance: Saint Lucia’s Department of Labour held a first engagement with private security firms to tackle recurring complaints on wages, payslips, overtime and termination, pushing voluntary compliance with the Labour Act. Border Security: The Royal Saint Lucia Police Marine Unit is being used more intensively for joint maritime and intelligence-led patrols to disrupt smuggling of contraband, firearms and ammunition. CBI Under Pressure: CARICOM chair Philip J. Pierre said CBI was not discussed at the summit, arguing it only directly affects the five member states running programmes and that domestic policy remains each country’s right—while Europe’s visa-free stance continues to loom. Industry Cashflow Watch: Trinidad and Tobago manufacturers renewed calls to clear a VAT refund backlog, warning delayed payments are limiting reinvestment and job creation.
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