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Diageo may ‘re-evaluate’ Caribbean over rum dispute

diageo-reserveBritish multinational alcoholic beverages company Diageo may “re-evaluate its activities in the Caribbean” over a brewing trade dispute between Caricom and the US government, a spokesman for the company said on Friday.

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TRINIDAD - Foreign investors refuse to leave

The all-foreign group of investors edged out from the development of Invaders Bay is not going to pack up and leave. This was the firm stand of the group yesterday after news that only two investors were given the nod to begin negotiations with the Government for major projects along the coveted Port-of-Spain waterfront area.

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Region wants more trade with canada

Leaders of the Caribbean Community are giving priority to finalising a new trading accord with Canada.

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Expo 2012 Yeosu celebrate CARICOM Day

The Caribbean Community (CARICOM) has underscored the importance of its participation in, and expectations of the Exposition 2012 now underway in the Republic of Korea under the theme `The Living Ocean and Coast’.

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Jamaica tops in services, says Caricom chief

CARIBBEAN Community (CARICOM) secretary general, Ambassador Irwin LaRocque has suggested that Jamaica is doing better in the trade in services across the region than most other countries.

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Cayman to evaluate US Foreign Account Tax Compliance Act (FATCA)

currency_imagesThe Cayman Government has established a task force to evaluate the suitability of government-to-government reporting for the implementation of US Tax Compliance and the Foreign Account Tax Compliance Act (FATCA) in the Cayman Islands.

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JAMAICA - Gov't Working to Address Trade Constraints

State Minister for Industry, Investment and Commerce, Hon. Sharon Ffolkes-Abrahams, said the Ministry is working to address trade constraints within the region, including the trade imbalance between Jamaica and Trinidad and Tobago.

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CARICOM–JAPAN holds 15th Consultation on Monday

GEORGETOWN, Guyana - Senior officials from Japan are to meet with senior officials of the Caribbean Community in their Fifteenth CARICOM-Japan Consultation, which opens on Monday July 23, at the Georgetown based CARICOM Secretariat.

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BARBADOS - CARICOM must work to the benefit of all its members says BMA President

Barbados Manufacturers Association President (BMA) David Foster says the Barbados’ manufacturing sector will not tolerate “barriers to trade which disadvantage any member of CARICOM”, and suggested Trinidad’s actions were replicated elsewhere in the region.

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LIAT to buy seven new aircraft

In the face of a fresh financial losses of EC$6 million, and a recent fire costing EC$50 million, long-standing regional carrier LIAT is about to embark on a multi-million dollar fleet renewal programme.

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Will Barbados give Trinidad & Tobago a dose of its own medicine?

Richard_Cozier-2Hot on the heels of a complaint by Jamaica Manufacturers that certain of its exporters are being deliberately blocked from entering the Trinidad market by its food and drug agency, Barbadians are contemplating a move to give Trinidad & Tobago a dose of its own medicine if it continues to block Barbadian exports.

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Suriname Airways may return to French Guyana

Surinam_AirwaysPARAMARIBO, Suriname– Suriname Airways manager, Ewald Henshuys says any return to French Guyana must be based on guarantees from the French authorities that the service would not halted arbitrarily as had been the case a few years ago.

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OECS leaders tackled administrative and budgetary issues at 55th meeting

BASSETERRE, St. Kitts, 19th June 2012– The recently concluded 55th Meeting of the OECS Authority held in St. Vincent and the Grenadines from 11th to 12th focussed for the most part, on the status of implementation of the OECS Economic Union as well as related administrative and budgetary issues.

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Delta Airlines to suspend flights to Grenada

Delta_AirlineUS-based Delta Airlines will be suspending flights to Grenada during the island's low tourist demand season, in a deal the country's government says will save them over one hundred thousand US dollars this year.

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Suriname looks to increased T&T ties

Suriname is looking to T&T for co-operation in the energy sector and the establishment of industrial zones, says  Suriname Land and Spatial Development and Environment Minister Ginmardo Kromosoeto. Kromosoeto spoke about Suriname’s thrust to increase regional links after recent initiatives by Suriname Airways and Mets Travel to increase awareness of the South American mainland country.

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Report: Caricom runs risk of expiring

Amid an escalating trade war between T&T and Jamaica—two of the English-speaking Caribbean’s largest economies—a frustrated former Jamaican commerce minister suggested what was once unthinkable: that his country consider leaving the Caribbean Community’s (Caricom) regional trade bloc.

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The CCJ anchors CSME

CCJ_image-1Coming on the heels of another of our newspaper columns about the original jurisdiction of the Caribbean Court of Justice (CCJ), the recent address to stakeholders of the court’s operations by Justice Rolston Nelson, in the last issue of our Contact Magazine, bears repeating here.

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Portia chairs meeting on external negotiations

Prime Minister the Most Hon. Portia Simpson Miller on Tuesday (July 3), chaired the Twenty-Third Meeting of the Prime Ministerial Sub-Committee (PMSC) on External Negotiations, at the Bay Gardens Hotel in Gros-Islet, St. Lucia.

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CARICOM-US trade grows to $21.8-b

caricom-USThere is every indication that trade between the United States and the 15-nation Caribbean community is growing at a fair rate, with regional officials reporting a 39 percent increase in two-way exports since 2010 and expectations that the trend will continue into the near future.

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Jamaican delegation urged to ask CARICOM heads to address trade bias

With the Caribbean Community's (CARICOM) 33rd Regular Meeting of the Conference of Heads of Government currently under way in St Lucia, a call is being made for the Jamaican delegation there to take tangible steps to address what local manufacturers have described as the unfair advantages enjoyed by their counterparts in Trinidad and Tobago (T&T).

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ANTUGUA - EU bemoans pace of EPA implementation

St. John’s Antigua- The European Union (EU) representative to the region on Thursday pulled no punches as he criticised regional governments and the private sector for moving slowly to give effect to the Economic Partnership Agreement (EPA) that was signed more than three years ago.

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