WASHINGTON, DC – Guyana’s President, Dr. Irfaan Ali says while his country is rapidly evolving as an oil and gas market, the economy will not depend solely on the “treasured natural resource” for countrywide development.

GEORGETOWN, Guyana – President Irfaan Ali has hailed the launched of the Guyana’s first merchant bank in nearly 30 years, as a crucial part of the country’s development.

GEORGETOWN, Guyana – By the year 2030, Guyana is expected to earn approximately US$7.5 billion annually through several oil projects in the offshore Stabroek Block. 

WASHINGTON, DC – The import duty on electric vehicles has been reduced from 30 percent to 10 percent, and purchasers of those vehicles will not have to pay license fees over the next five years.

PORT OF SPAIN, Trinidad – The Trinidad and Tobago Government on Tuesday welcomed a ruling by the United States International Trade Commission revoking hefty anti-dumping and anti-subsidy duties’ on urea ammonium nitrate fertilizers from the oil-rich twin island Republic.

KINGSTOWN, St. Vincent – More than 20 years after St. Vincent and the Grenadines was banned from exporting seafood to the European Union, Minister of Fisheries, Saboto Caesar is promising that the situation will be resolved soon.

PORT OF SPAIN, Trinidad – The Trinidad and Tobago government Monday said the country had recorded a windfall of more than eight billion dollars (One TT dollar=US$0.16 cents) as a result of the increase in prices for oil and energy products on the global market, but warned that the funds would not be used solely to pay one section of the population salary increases and arrears.

KINGSTON, Jamaica – Tourism Minister Edmund Bartlett says that Jamaica’s source markets for tourists are being further expanded and diversified to include several countries in Africa and the Middle East.

HAMILTON, Bermuda – Premier David Burt unveiled a US$15 million economic relief package in parliament on Friday to help Bermuda’s working families hit by rising prices.

PORT OF SPAIN, Trinidad– The Trinidad and Tobago Energy and Energy Industries Minister, Stuart Young, Monday said he supports reports that despite the trend to renewables, there is agreement that oil and gas will continue to be important primary fuels for the coming decades.

WASHINGTON, DC – A study by the Inter-American Development Bank (IDB) Group has found that agribusiness in Latin America and the Caribbean (LAC) could benefit from a productive transformation that facilitates its insertion in global value chains.

ST. GEORGE’S, Grenada – The Grenada government says it intends to begin paying pension to eligible public sector workers who retired as far back as 1985, by November this year.