Caribbean Times 100th Issue - Friday 17th February 2017

2 c a r i b b e a n t i m e s . a g
Friday 17th February 2017
Prime Minister Browne in Guyana
for CARICOM Heads meeting
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Prime Minister the Hon.
Gaston Browne on Wednesday
arrived in Guyana
for the 28th Intercessional
Heads of Government
Meeting of CARICOM
which is expected to discuss
among other things,
the CARICOM Single Market
and Economy (CSME),
crime and security and correspondent
banking.
According to Prime
Minister Browne, who is accompanied
by CARICOM
Ambassador Dr. Clarence
Henry, the two-day meeting
to be held at the CARICOM
Secretariat in Liliendaal,
East Coast Demerara on
February 16 and 17, will be
very important as there are
a number of decisions that
must be made if the regional
grouping is to advance
the CSME.
He said that an update
will be given of a recently
commissioned review of the
CSME which most believe
is the way forward for economic
growth and development
of the region.
The Heads of Government
will also be briefed by
the Committee of Central
Bank Governors on how
to further address the issue
of correspondent banking.
CARICOM has mounted an
active advocacy initiative,
and has raised awareness
among the United States,
European Union, World
Bank, International Monetary
Fund and other parties
in relation to the Region’s
plight.
Correspondent banking
impacts the Region’s financial
transactions, and by extension
trade and remittance
in the CARICOM countries
affected by the pullout of
banks. The Chairman of the
Committee on Correspondent
Banking, Prime Minister
Gaston Browne, who
hosted a global stakeholder
conference last October
with relevant parties will
update heads on progress
made in this area.
Trans-border crime will
be discussed at the two-day
meeting with the drafts of
the Arrest Warrant Treaty
and Return and Sharing of
Assets examined by Heads.
The Heads of Government
will also look at how
to enhance tourism in the
region to assist in economic
growth. The areas to be discussed
include marketing,
human resource development,
strengthening linkages
in other sectors and transportation.
Another aspect of the
meeting will see the presentation
of a road map on
the way forward in developing
a regional Information
Communication Technology
(ICT) sector.
Flow Staff celebrate one-year anniversary