Search Result for: economic agreement

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British Virgin Islands Signs Agreements With Delegations From China

Above: Shenzhen, China By the Caribbean Journal staff The government of the British Virgin Islands has signed a pair of memoranda of understanding with delegations from Shenzhen, China. The MoUs were signed with the city of Shenzhen and the authority […]

Political Independence and Economic Development in the Caribbean

By Paul Hay CJ Contributor In 2003, Alvin G. Wint – former head of the Department of Management Studies at the University of West Indies, Mona Campus – noted in his book, “Competitiveness in Small Developing Economies: Insights from the […]

Cayman Islands and United States Sign FATCA Agreement

Above: the US Treasury Department in Washington By the Caribbean Journal staff The Cayman Islands and the United States have signed an agreement that will pave the way for the automatic exchange of tax information under the US’ FATCA law. […]

Cayman Islands, Malta Sign Tax Information Exchange Agreement

Above: Cayman By the Caribbean Journal staff The Cayman Islands has signed a tax information exchange agreement with the Republic of Malta. The two sides completed the TIEA this week ahead of the Joint Ministerial Conference meeting of British Overseas […]

St Kitts and Nevis, France Talk Economic Development in Paris

Above: Paris (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis Prime Minister Dr Denzi Douglas held talks in France this week on a proposed bilateral economic development agreement between the two countries. Douglas met with several members […]

Bahamas and China Sign $13 Million Cooperation Agreement

Above: the signing ceremony in Nassau (BIS Photo) By the Caribbean Journal staff The Bahamas and China have signed an economic and technical cooperation agreement. The grant agreement was signed by Bahamian Foreign Minister Frederick Mitchell and Chinese Ambassador to […]

Jamaica, China Sign Four Agreements

Above: PM Portia Simpson Miller in China By the Caribbean Journal staff Jamaica and China have signed four agreements totaling “millions of dollars,” Prime Minister Portia Simpson Miller announced this week. Simpson Miller is on an official visit to China […]

Paul Hay: CARICOM and Caribbean Economic Development

By Paul Hay CJ Contributor In 1963, the Centre for Developing-Area Studies (CDAS) was established at the McGill University in Canada. William G. Demas – then Head of the Economic Planning Division of the Government of Trinidad and Tobago, served […]

USVI Governor Sends HOVENSA Sales Agreement to Legislature

Above: the HOVENSA refinery By the Caribbean Journal staff United States Virgin Islands Governor John de Jongh has submitted the new agreement with the HOVENSA refinery to the legislature for approval. The agreement, which is the fourth Amendment Agreement between […]

Haiti, OAS Sign Tourism Agreement

Above: Haiti Tourism Minister Stephanie Villedrouin signs the agreement (Photo: MT Haiti) By the Caribbean Journal staff It’s one of Caribbean tourism’s biggest challenges — promoting the importance of the industry internally. As Haiti looks to develop its own nascent […]

Haiti Ratifies Investment Incentive Agreement With United States

Above: Haiti (CJ Photo) By the Caribbean Journal staff Haiti’s Parliament has ratified an Investment Incentive Agreement with the United States’ Overseas Private Investment Corporation. The agreement, which was officially ratified last month during a special joint session of Parliament, […]

US, CARICOM Sign Trade Agreement

Above: US Vice President Joe Biden and Trinidad PM Kamla Persad-Bissessar (Photo: OPM Trinidad) By the Caribbean Journal staff United States Vice President Joe Biden and Haiti President Michel Martelly signed a US-CARICOM Trade and Investment Framework Agreement agreement on […]

IDB, CDB Sign $20M Agreement For Projects in Dominica, Grenada, St Lucia

Above: Dominica (CJ Photo) By the Caribbean Journal staff The Inter-American Bank and the Caribbean Development Bank have signed a $20 million agreement for a global loan programme for projects in four Organization of Eastern Caribbean States countries. The loan […]

PetroCaribe Member States Agree to Establish “Economic Zone”

Above: the summit in Caracas By the Caribbean Journal staff The seventh PetroCaribe summit in Caracas concluded this weekend with an agreement by member countries to establish a PetroCaribe “economic zone.” The move would expand the PetroCaribe oil agreement, which […]

Report Urges OECS Economic Integration for Martinique, Guadeloupe

Above: Fort de France, Martinique (CJ Photo) By the Caribbean Journal staff Given their proximity to the Eastern Caribbean and particularly St Lucia, the French departments of Martinique and Guadeloupe should be integrated with the Organization of Eastern Caribbean States […]

Guyana, US Sign Open Skies Agreement

Above: the Umana Yana in Georgetown By the Caribbean Journal staff The United States and Guyana have signed an Open Skies air services agreement, the State Department Announced this week. The agreement was signed March 25 by US Ambassador to […]

Trinidad Signs $280.6M Loan Agreement With China EXIM Bank

Above: Port of Spain By the Caribbean Journal staff Trinidad and Tobago has signed a loan agreement in the amount of $280.6 million with China’s EXIM Bank, the government announced this week. The loan, which was announced by Housing, Lands […]

Grenada, Kuwait Fund Reach Agreement

Above: Grenada (CJ Photo) By the Caribbean Journal staff The Kuwait Fund has agreed to lift a suspension imposed on Grenada, the Grenadian government announced Thursday. The agreement, reached following negotiations led by Works Minister Gregory Bowen, paves the way […]

Cayman Islands, Brazil Sign Tax Information Exchange Agreement

Above: Georgetown (CJ Photo) By the Caribbean Journal staff The Cayman Islands has signed a tax information exchange agreement with Brazil, its 31st such international agreement. The treaty, which was signed on Tuesday, seeks to build on business relationships already […]

Jamaica, IMF Reach $750 Million Staff-Level Agreement

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica has reached its long-awaited agreement with the International Monetary Fund, the organization announced in a statement Friday. The staff-level agreement is on the key elements of an economic programme that […]

Jamaica “Finalizing” IMF Agreement, Plans Debt Exchange Offer

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica is now “finalizing” a new agreement with the International Monetary Fund, along with a debt exchange offer to be made Tuesday, Prime Minister Portia Simpson Miller said in a national […]

Op-Ed: The IMF, Chavez, and Jamaica’s Economic Future

By David Rowe Op-Ed Contributor FOR THE LAST 12 MONTHS, Jamaica has been in intermittent negotiations with the IMF. These negotiations have not yet yielded a new agreement. It is now acknowledged internationally that Jamaica is in an economic crisis. […]

Dennis Chung: Avoiding Economic and Social Decline in Jamaica

By Dennis Chung CJ Contributor JAMAICA IS ONCE AGAIN at an economic crossroads. Only this time it is more critical that we take the correct path, as the wrong one today leads over a precipice. The last time we were […]

Grenada, China Sign $4.8 Million Cooperation Agreement

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada and China have signed a $4.8 million economic and technical cooperation agreement, the office of Prime Minister Tillman Thomas announced Thursday. The agreement was signed by Grenada Finance Minister Nazim […]

Op-Ed: Kent Gammon on Reversing Jamaica’s Economic Decline

By Kent Gammon Op-Ed Contributor THE JAMAICAN ECONOMY continues to lag behind the rest of the world with a dismal 1.3 percent growth forecast for 2013. The Jamaican dollar is being sold officially for 92 dollars to one US […]

Simpson Miller: Jamaica “Working as Hard as Possible” on IMF Agreement

Above: Jamaica PM Portia Simpson Miller By the Caribbean Journal staff Jamaica Prime Minister Portia Simpson Miller and the country’s cabinet concluded a retreat held this weekend at Jamaica House, the Prime Minister announced in a statement Sunday night. The […]

Phillips: Jamaica and IMF Making Progress on Agreement

Above: Jamaica Finance Minister Dr Peter Phillips (FP) By the Caribbean Journal staff Jamaica and the International Monetary Fund are making progress on a long-awaited agreement between the two sides, according to Finance Minister Dr Peter Phillips. “We are at […]

S&P: Lack of IMF Agreement “Detracting” from Jamaica’s Creditworthiness

Above: Kingston By the Caribbean Journal staff Standard & Poor’s this week raised the short-term sovereign credit rating on Jamaica to “B” from “C.” The ratings firm also affirmed its “B-” long-term foreign and local currency ratings, along with holding […]

The Ultimate Island-Hopping Vacation in The Bahamas