AGP Executive Report
Last update: 2 hours agoCARICOM Watch: CARICOM heads in St. Lucia did not put Citizen by Investment (CBI) on the main agenda, with new chair Philip J. Pierre saying the issue is mainly for the five active CBI states and that domestic policy remains each country’s right. EU Pressure on CBI: OECS leaders met in Dominica to craft a coordinated response to the EU’s revised visa suspension mechanism, agreeing on a high-level Brussels mission to explain the development role of CBI and push for practical solutions. ECCB “Big Push” & Rates: The ECCB Monetary Council met in Dominica, kept savings/discount rates unchanged, reaffirmed the EC dollar’s fixed exchange rate, and approved an extra EC$25m grant to strengthen regional food security. Regional Growth Plan: Prime Minister Gaston Browne backed the “Big Push” to double the Eastern Caribbean economy within seven years, urging the ECCB to use a small slice of reserves for development and renewable energy. Currency Update: The ECCB unveiled redesigned EC banknotes replacing Queen Elizabeth II’s portrait with regional heroes, including Sir Robert Llewellyn Bradshaw on the EC$50. Border Security: The US DHS signed a memorandum with CARICOM IMPACS to expand biometric data sharing for border security and immigration vetting.
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