Chavez, PetroCaribe and the health of the Caribbean
Jan 14, 2013
KINGSTON, Jamaica - The prognosis for the recovery from cancer of President Hugo Chavez is uncertain. If he is not able or does not assume the Venezuelan presidency, then it brings into question the continuation of PetroCaribe on which Caribbean countries are heavily dependent. The termination, phasing out, or revision of the terms of PetroCaribe would have devastating repercussions for the region already struggling to survive the global economic crisis. PetroCaribe, which was established in 2005, benefits Antigua, The Bahamas, Belize, Cuba, Dominica, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Nicaragua, the Dominican Republic, St Kitts, St Vincent, St Lucia, and Suriname.
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