Revue de presse du lundi 19 février 2018
AMBASSADE DE FRANCE A SAINTE-LUCIE
REVUE DE PRESSE DU LUNDI 19 FEVRIER 2018
A Visa Waiver Agreement was signed between the Governments of Saint Kitts & Nevis and the Republic of India last Friday. Minister for Foreign Affairs of the Federation, Honourable Mark Brantley, noted that the occasion was an important first step in deepening ties between the two countries. St Kitts & Nevis and the Republic of India have had a longstanding relationship which both countries have pledged to further strengthen.
St Lucia News Online
Tribute was paid to one of the longest serving members of the Monetary Council of the Eastern Caribbean Central Bank, Prime Minister of Saint Vincent - Dr Ralph Gonsalves, at its recently concluded 90th meeting. OECS Chairman Allen Chastanet noted that Gonsalves tenure was characterized by sagacious advice and astute strategizing which helped preserve the integrity and strength of the Eastern Caribbean currency. Gonsalves will be replaced by his son Camillo on the Council.
ECONOMIE – AFFAIRE - FINANCE
Dominica News Online
A growth rate of 2.2 percent has been projected for the Eastern Caribbean Currency Union for 2018, which is lower than the 2.3 percent achieved in 2017 mainly due to Hurricanes Irma and Maria which caused much damage in September last year. The said rate is well short of the 5 percent target set by the Union.
The Trade Facilitation Agreement (TFA) of the World Trade Organisation (WTO) has been ratified by Barbados. According to the Government of Barbados, the Agreement which aims at improving transparency in transactions and reducing the scope for corruption regarding the movement, release and clearance and goods at the border, will allow the country to remedy existing barriers to trade and investment facilitation and redound to benefit the local businesses community.
Caribbean News Now
The issuer of the Eastern Caribbean dollar banknotes will be making significant changes in the substrate of the ECCB banknotes from cotton to polymer, the advantages of which include higher durability and more advanced security features. Governor of the Eastern Caribbean Central bank, Timothy Antoine, said the change will take some time and will most likely be implemented in 2019.