AGP Executive Report
Last update: 35 minutes agoAfrica–Caribbean Business Push: PM Dr. Terrance Drew used the London Stock Exchange to call for a “new era” of Africa–Caribbean economic cooperation, urging investors and institutions to build a shared economy through investment, trade, entrepreneurship and stronger commercial links. Connectivity & Travel Policy: Drew also pressed for removing barriers to travel, trade and investment, pointing to St. Kitts and Nevis’ visa-free access for citizens of every African country and calling for reciprocal mobility arrangements. Sustainable Island State Agenda: He showcased the Sustainable Island State Agenda to 2040, built around water security, renewable energy, food security, resilient communities, circular economy and health/social protection—positioned as a development model that reduces reliance on CBI. Banking & Corporate Services: Hamilton Reserve Bank and Dubai’s Trinity Group announced a marketing alliance aimed at faster corporate formation and multicurrency banking solutions for governments and businesses. Climate Finance Planning: St. Kitts and Nevis advanced its first National Loss and Damage Strategy via a stakeholder workshop, supported by the Climate Action Unit and Climate Analytics. ECCB Monetary Updates: The ECCB unveiled redesigned EC banknotes featuring national heroes and regional icons, and released its 2025–2026 Annual Report highlighting ECCU stability and growth. CBI Under EU Pressure: Reports say the EU has asked five Eastern Caribbean states, including St. Kitts and Nevis, to phase out CBI by June 1, 2028 or risk Schengen visa-free access—sparking renewed debate on the Federation’s economic transition. Medicinal Cannabis Finance: A regional expert, Saboto Caesar, is set to help build a medicinal cannabis banking framework, including a track-and-trace approach for financial stakeholders.
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