AGP Executive Report
Last update: 3 hours agoEU CBI Deadline: The EU has told five Eastern Caribbean states, including St. Kitts and Nevis, to end Citizenship by Investment by June 1, 2028 or risk losing Schengen visa-free access; Prime Minister Terrance Drew says the Federation has already been cutting CBI reliance and is ready for talks in Brussels. CBI Strategy & Finance: Drew told the media CBI’s share of GDP has fallen from about 22% to under 10%, alongside tighter laws and due diligence, as IMF warnings loom over growth and deficits. Medicinal Cannabis Banking Push: St. Kitts and Nevis has brought in former SVG Agriculture Minister Saboto Caesar to help build a banking and compliance framework for the medicinal cannabis industry, including seed-to-sale tracking and meetings with financial institutions. Regional Air Connectivity: OECS leaders, including Drew, continue discussions on a regional airline to improve trade, tourism, and business movement after years of unreliable service. Sports & Events: St. Kitts and Nevis withdrew its 2027 CARIFTA Games bid, while Restaurant Week 2026 kicks off with 40+ restaurants and the ASPIRE programme continues hands-on savings training for students. Business & Tech: C&W Business rebranded to Liberty Business in St. Kitts and Nevis, positioning the firm as a digital adviser for enterprise growth.
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