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caricom-business

From policy to practice: Making CSME work for Caribbean Youth

The CSME is more than a policy framework—it is a gateway to economic empowerment, mobility, and innovation for young people. It is the key that allows a young Tobagonian entrepreneur to scale their business beyond our shores, a recent graduate to find work in another CARICOM state without unnecessary barriers...

Seeing Vision 25 x 2025 at Work: Guyana’s Private Sector Investing in Dairy Industry Transformation

“This project has a lot of potential to transform the Guyanese economy and the entire industry within CARICOM. One of the things that I like about the project is the integration of the community and the fact that the community [of Moblissa] is also being included and lifted up. I am also very happy to see today that Vision 25 x 2025 is not just a soundbite, it has underpinned this company’s goal and is part of their overall strategy.”

Second Distinguished Owen Arthur Memorial Lecture by CARICOM Secretary-General

CARICOM Secretary-General, Dr. Carla Barnett on Monday 5 September delivered the Second Distinguished Owen Arthur Memorial Lecture in Bridgetown, Barbados. The lecture was delivered under the theme 'The Future of CARICOM; Charting a Vision for the Region's Economic Advancement'.

It was organised by the the University of the West Indies Cave Hill Campus, Shridath Ramphal Centre, and the Caribbean Development Bank.

Please read the lecture below:

Remarks by CARICOM Secretary-General at Opening, First AfriCaribbean Trade and Investment Forum, Barbados, 1 September 2022

The First CARICOM-Africa Summit held on 7 September 2021, opened a new chapter in the deep-rooted and strong relations between CARICOM and Africa.  It set in motion various initiatives to further deepen and strengthen relations between the African continent and the Community.  In particular, the Leaders underscored the need to foster increased trade, investment, air travel, and maritime shipping links, with a view to realising greater economic integration and enhanced people-to-people contact between Africa and the Caribbean.

Antigua registers 7% increase in tourist arrivals in July - CARICOM Business

Antigua and Barbuda has reported a 7% increase in tourist arrivals in July as the country continues to record a “steady rebound” in visitor arrivals in the wake of the coronavirus (COVID-19) pandemic that had forced the closure of borders.

The Ministry of Tourism said during July, Antigua and Barbuda welcomed 24,673 visitors, an increase of 23,405 from the corresponding period last year and the 2019 record of 23,031.

Barbados Gov’t caps fuel prices - CARICOM Business

Effective August 19, consumers in Barbados will be paying less for gasoline and diesel as Prime Minister Mia Mottley announced that the price of fuel at the pump will be capped for the next five months.

Gasoline will cost BDS$4.48 (US$2.24) per litre, while diesel will be BDS$4.03 (US$2.01) until January 31, 2023. Mottley also said that the cap on the Value Added Tax (VAT) on gasoline and diesel, which was put in place five months ago, would be kept in place.