Caribbean Governments To Fight Rising Food Costs

Basseterre, St. Kitts – Nevis
December 10, 2007 (CUOPM)

Several measures have been proposed by CARICOM leaders for implementation to address mounting food prices which are being fuelled by a number of factors including rising oil prices; adverse weather conditions and natural disasters, and the shift in agricultural production from food to bio fuels.

Measures that were outlined to mitigate the effects of price increases at the 12th Special Meeting of CARICOM Heads of Government in Guyana on Friday include a pledge to proceed urgently with the transformation of agriculture, particularly the Jagdeo Initiative.

The CARICOM Secretariat will immediately establish a Technical Team which will review a basket of food and non-food items, common to the baskets in all Member States and which attract a Common External Tariff (CET).

The Council for Trade and Economic Development (COTED) will then make a decision on the reduction or removal of the CET from this regional basket as early as January 2008.

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Citizens Await St. Kitts – Nevis 2008 Budget Address

Basseterre, St. Kitts – Nevis
DECEMBER 10TH 2007 (CUOPM)

Citizens and residents of the Federation of St. Kitts and Nevis await the 2008 Budget Address by Minister of Finance, Hon. Dr. Denzil L. Douglas.

Dr. Douglas, who is also the Prime Minister will present the 2008 Budget Address in the National Assembly tomorrow Tuesday 11th December 2007.

He will lay on the Table, the Report of the Director of Audit on the Accounts for 2006 and the Draft Estimates for 2008, before introducing the Appropriation Act, 2008 which provides for the services of St. Kitts & Nevis for the financial year 1st January 2008 to 31st December 2008.

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New Five Star Hotel In Nevis Coming Soon

Charlestown, Nevis
December 07, 2007

Premier of Nevis and Minister of Tourism Hon. Joseph Parry, received high commendation from a major investor on the island, for what was described as his “wonderful personal support” to a tourism related development project.
 
The public praise came from Founder of the Newfound Resorts Mr. Brian Dobbing, following a meeting at the Premier’s Bath Plain Office on Friday November 07, 2007.
 
He also announced that the hotel development project at Pinneys Estate, after a full year of work and two years of investment had progressed considerably and the agreement was ready to be executed.
 
“We are now ready to execute the agreement that was made in the spring with the government to return land to the people. Mr. Parry has been a wonderful personal support in bringing in hotel brands and hotel investment money for us and working with us. We expect a purchase and sale for the hotel investors to be signed on the project in the next 60 days and hopefully we could break ground this coming year,” he said.
 
Mr. Dobbin further explained that the design work had progressed significantly and was of the view that in 2008, ground would be broken for the construction of the W Hotel brand retreat.

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New Villa Development On Nevis Island

Charlestown, Nevis
December 07, 2007

An agreement to give approval for the commencement of the Paradise Villa Development Project was signed on, Thursday December 06, 2007,  at the Bath Plains Office of the Premier of Nevis. Signing the documents on behalf of the Nevis Island Administration (NIA) was Premier, the Hon. Joseph Parry and investor Mr. Fred Cox of Paradise Acres.
 
Premier Parry, who also holds portfolios for Economic Planning and Tourism, said the agreement marked a new beginning for development of a touristic nature to take place on the island over the next 2 years.  He noted that it would also generate considerable employment, inject new investment into the economy and would make the investors happy.
 
Mr. Parry explained that the development project which would be located in the middle of his constituency (between Barnes Ghaut and Cotton Ground) would be in the interest of the investors and the Nevisian people and congratulated Mr. Cox and his counterparts whom he described as good cooperate citizens.  He further stated that the emphasis would be on local employment and local training.

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New Airline For St. Kitts – Nevis

Friday December 07 2007
By Terresa McCall

The cries of the people of the Caribbean who have, “suffered from exorbitant air fare” and “uncertain airlift” have not fallen on deaf ears and will be answered through the opening of a new Caribbean-based airline. The airline, SKN Air Express, the hub of which will be in St. Kitts – Nevis, is scheduled to begin operations next Saturday, offering chartered flights to St. Maarten, St. Thomas, Jamaica and Guyana.

A representative of the company spoke with the SUN and explained that the overwhelming need for a more efficient, effective and up-to-date Caribbean airline was one of the main factors which influenced the formation of this company. “One of the factors that influenced us in making the decision to bring this new airline to the Federation is that we are very cognisant that adequate airlift is vital to the development of tourism in the Federation as well as the Caribbean. “We are also aware of the cries of the people of the Federation and the diaspora of the exorbitance of intro-regional airlift. Having heard the cries, we thought it best to bring a safe and more efficient service.”

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