Opposition Leader warns about joining PetroCaribe
CASTRIES, St. Lucia, CMC – Opposition Leader Stephenson King is (warning) the St. Lucia government against joining the Venezuelan oil initiative, PetroCaribe, saying it could bring the island into further debt.
"Let's not get involved in this matter, this is not one for the government, as it’s not a situation where fuel is being sold to the country at a cheaper rate. The fuel is being sold at the very rate that we are currently purchasing it from Trinidad or elsewhere," King said.
Prime Minister Dr. Kenny Anthony, who recently attended a meeting in Caracas where the PetroCaribe initiative was discussed, said plans were announced to expand the programme under which several Caribbean countries have so far benefited from an estimated US$800 million in investments.
You may also be interested in:
La CSME, la seguridad alimentaria y la financiación climática encabezan la agenda de la Cumbre de CARICOM en las Bahamas.
The CARICOM Single Market and Economy (CSME); food security; climate change and climate finance; health; and security will be among the major topics when Heads of Government of
