AGP Executive Report
Last update: 4 hours agoUS Sanctions & Finance: The US Treasury/OFAC hit Iranian financier Ali Ansari and “shadow exchange houses,” designating a Saint Kitts and Nevis-linked holding company (Smart Global Limited) as part of a wider push after renewed Strait of Hormuz attacks. Regional Diplomacy on CBI: Eastern Caribbean CBI states agreed to send a high-level delegation to Brussels to engage EU leaders over demands to phase out Citizenship by Investment by 2028, while CARICOM also discussed measures to manage the fallout. CARICOM Cost-of-Living Push: CARICOM leaders outlined steps to ease household pressures, including fuel import tax cuts, freight cost adjustments, lower intra-regional cargo costs, more renewables, and plans to accelerate a regional ferry service. ECCB Currency Overhaul: The ECCB unveiled redesigned EC banknotes featuring Caribbean national heroes; St. Kitts and Nevis’ Sir Robert Llewellyn Bradshaw will appear on the EC$50, with full rollout expected to begin in late 2027. Tourism & Port Development: St. Kitts’ tourism minister highlighted Port Zante cruise terminal progress and the push to shift toward home-porting, with private sector participation key to the timeline. Business Update: C&W Business has rebranded to Liberty Business in St. Kitts and Nevis, positioning the firm as a digital adviser and technology partner for enterprise growth.
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