Talks fail to resolve issue on fuel subsidy
Jul 17, 2013
KINGTSOWN, St. Vincent, CMC – Prime Minister Dr. Ralph Gonsalves says recent talks with the Trinidad and Tobago government to address the issue of the fuel subsidy given to the Port of Spain-based Caribbean Airlines (CAL) have failed to resolve the matter.
Gonsalves is chairman of the regional shareholder governments that owned the Antigua-based airline, LIAT, which has accused the administration in Port of Spain of providing an illegal subsidy to CAL.
Trinidad and Tobago Finance Minister Larry Howai said recently that Port of Spain provided US$40 million to CAL last year in subsidies.
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