AGP Executive Report
Last update: 9 minutes agoCARICOM Integration Boost: Martinique has officially become the seventh CARICOM associate member, effective 16 June 2026, after France provided the instrument of accession—an effort aimed at tightening regional ties between French- and English-speaking Caribbean partners. Cost-of-Living Pressure Relief (Regional): Grenada unveiled an EC$18m Cost of Living Assistance Programme to tackle imported food and energy inflation, keeping gasoline/diesel/kerosene/LPG price ceilings through Dec 2026 and adding VAT relief on electricity for Aug–Dec 2026. Local Business & Skills (Agribusiness): Grenada’s Rural Development Unit is rolling out targeted financial and legal training for rural agribusiness owners in St. Patrick, focusing on cash flow, pricing, recordkeeping, and tax compliance. Martinique Tourism & Culture: Fort-de-France hosted the fourth annual Reggae Therapy Festival, drawing 20,000+ fans and featuring major acts including Julian Marley and Barrington Levy. Regional Economy & Mobility: LIAT Air launched a new twice-weekly route from Pointe-à-Pitre to Montego Bay, with plans to move to daily service as demand grows. Blue Economy Response: OECS partners are using lessons from Martinique and Guadeloupe to scale up sargassum management and valorisation across Eastern Caribbean states.
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