AGP Executive Report
Last update: 1 hours agoCitizenship by Investment pressure: The EU has formally asked five Eastern Caribbean states, including St. Kitts and Nevis, to phase out CBI by June 1, 2028 or risk losing Schengen visa-free access—prompting renewed debate on how the Federation funds development as the Sustainable Island State Agenda reduces CBI dependence. Nevis development review: The Federal Government and Nevis Island Administration met July 23 to address four key issues tied to the proposed Destiny project under the Special Sustainability Zones (Authorisation) Act, with proposed changes to be relayed to the Federal Government and oversight bodies. Banking and corporate services: Hamilton Reserve Bank and Dubai’s Trinity Group announced a marketing alliance aimed at faster corporate formation and multicurrency banking solutions for clients worldwide. Trade and diplomacy: Taiwan expanded its Latin America and Caribbean Trade Office in Taipei to cover six Taiwan allies, adding St. Kitts and Nevis to support trade, investment, tourism and matchmaking. Circular economy reality check: A report on St. Kitts and Nevis recycling highlights the cost and logistics of exporting raw recyclables for processing, plus infrastructure and long-term behavior change hurdles. Carnival and business activity: The National Carnival Committee released the revised Sugar Mas 55 schedule (Dec 11, 2026–Jan 2, 2027), signaling a busy tourism and local commerce run-up. Regional sports hosting: St. Kitts and Nevis deferred its bid to host the 2027 CARIFTA Games, with Guyana set to host next year and Barbados expected for 2028.
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