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News from OECS:



Organisation of Eastern Caribbean States (OECS)



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OECS opens new cancer treatment centre in Antigua

June 29, 2015
OECS opens new cancer treatment centre in Antigua ST JOHN'S, Antigua -- Residents within the Organisation of Eastern Caribbean States (OECS) sub-grouping will no longer have to travel abroad for treatment of cancers and other chronic non-communicable diseases (CNCDs). This as the grouping on Friday formally opened its OECS Eastern Caribbean...

OECS recruits new voices for climate change

June 24, 2015
OECS recruits new voices for climate change BASSETERRE, St Kitts (SKNIS) -- The realities of climate change, its current impact on the region, and ways to effectively share the message with the public were explored last week at a two-day symposium for private media and government communication personnel in St Kitts. The June 18-19...

ECCB governor defends new banking regulations

June 20, 2015
ECCB governor defends new banking regulations BASSETERRE, St Kitts (WINN) -- Governor of the Eastern Caribbean Central Bank Sir Dwight Venner has defended the new banking regulations, which have attracted severe criticisms from players in the banking sector in the Eastern Caribbean. The regulations were fiercely protested in Antigua...

Commentary: Caribbean countries: Trapped?

June 19, 2015
Commentary: Caribbean countries: Trapped? A common market in the Caribbean Community (CARICOM) countries would lead to a substantial rise in the regional exports. This is one of the findings of a new World Bank Report entitled, 'Trade matters: New opportunities for the Caribbean'. That statement might come as a surprise to many.

Eastern Caribbean Central Bank withdraws 1c and 2c coins

June 18, 2015
Eastern Caribbean Central Bank withdraws 1c and 2c coins BASSETERRE, St Kitts -- As of 1 July, the Eastern Caribbean Central Bank (ECCB) will no longer issue one cent and two cents coins to the commercial banks operating within the Eastern Caribbean Currency Union (ECCU). Although the coins will no longer be issued, they will remain legal tender...

OECS member states discuss impact of ocean acidification

June 6, 2015
OECS member states discuss impact of ocean acidification CASTRIES, St Lucia -- Organisation of Eastern Caribbean States (OECS) member states have begun to examine the impacts of increased ocean acidification on their economies. OECS representatives convened at a two-day workshop in Saint Lucia last week to assess the "issue of ocean acidification...

Enhancements in ECCU debt management units to improve regional debt management

May 22, 2015
Enhancements in ECCU debt management units to improve regional debt management BASSETERRE, St Kitts -- The Eastern Caribbean Currency Union (ECCU) countries will develop new organisational structures along functional lines to increase the effectiveness of their debt management units in implementing governments’ debt management strategies. This was one of the main decisions...

OECS to review performance of pharmaceutical suppliers at regional meeting this week

May 19, 2015
OECS to review performance of pharmaceutical suppliers at regional meeting this week CASTRIES, St Lucia -- The performance of suppliers of medicines and pharmaceuticals is among the major talking points for the 24th joint tenders-adjudication committee meeting of the Organisation of Eastern Caribbean States (OECS) Commission’s pharmaceutical procurement service (OECSPPS).

ECCB extending banking regulations, credit unions in ECCU will not be regulated

May 11, 2015
ECCB extending banking regulations, credit unions in ECCU will not be regulated BASSETERRE, St Kitts -- Governor of the Eastern Caribbean Central Bank (ECCB), Sir Dwight Venner, in an address broadcast across the region on Thursday, articulated the Central Bank’s proposals for increasing regulation of the sub-regional banking sector. Venner said the banking sector...

EC dollar as strong as ever, says ECCB deputy governor

May 8, 2015
EC dollar as strong as ever, says ECCB deputy governor BASSETERRE, St Kitts -- The Eastern Caribbean Central Bank (ECCB) has said that the EC dollar is as strong as ever despite the withdrawal of the currency's one-cent and two-cent coins. Deputy governor for the ECCB, Trevor Brathwaite, said the Eastern Caribbean currency has been pegged...

OECS takes further step to poverty reduction through multidimensional approach

May 5, 2015
OECS takes further step to poverty reduction through multidimensional approach CASTRIES, St Lucia -- Five Organisation of Eastern Caribbean States (OECS) member states: Antigua and Barbuda; Dominica; Grenada, Saint Lucia and St Vincent and the Grenadines have successfully launched a multidimensional project on reducing poverty in the OECS. The government of Chile is funding the...

Key stakeholders agree on action plan to improve OECS intra-regional travel

April 29, 2015
Key stakeholders agree on action plan to improve OECS intra-regional travel CASTRIES, St Lucia -- Tourism and civil aviation officials, airline representatives and regulators, as well as regional and international organisations, assembled in Antigua and Barbuda on April 22 to discuss and validate the findings emerging from a study commissioned by the OECS.

ECCU projected to achieve 2.4 percent growth this year

April 20, 2015
ECCU projected to achieve 2.4 percent growth this year KINGSTOWN, St Vincent -- St Vincent and the Grenadines prime minister, Dr Ralph Gonsalves, said that the Eastern Caribbean Currency Union (ECCU) is projected to achieve growth of 2.4% this year. The prime minister made the disclosure as he presented an address on radio and television...

Commentary: Interest rate reduction will benefit banks not the OECS economy

April 3, 2015
Commentary: Interest rate reduction will benefit banks not the OECS economy Item 1.3 of the communiqué of the 81st meeting of the Monetary Council of the Eastern Caribbean Central Bank (ECCB) held on 24th February 2015 and attended by most of the prime ministers/ministers of finance of the Organisation of Eastern Caribbean States (OECS) countries, states...

OECS weighs in on increasing tension between US and Venezuela

March 21, 2015
OECS weighs in on increasing tension between US and Venezuela CASTRIES, St Lucia -- The Organisation of Eastern Caribbean States (OECS) said on Friday that it has noted “with grave concern” the increasing tension in the relations between the United States and Venezuela. “The OECS cherishes the principles of democracy and the rule of law, and...

Other OECS states urged to follow Dominica's CCJ example

March 10, 2015
Other OECS states urged to follow Dominica's CCJ example ROSEAU, Dominica (WINN) -- Having officially bid farewell to the London-based Judicial Committee of the Privy Council, Dominica is now encouraging the rest of the Organisation of Eastern Caribbean States (OECS) to fully embrace the Caribbean Court of Justice (CCJ) as soon as possible.

Letter: Who was responsible for the recognition of Aves (Bird) Rock Island as an island and not as a rock?

March 6, 2015
Letter: Who was responsible for the recognition of Aves (Bird) Rock Island as an island and not as a rock? I am researching and writing about how on the recognition of Aves [Bird] Rock Island as an island and not as a rock may well have cost CARICOM and OECS member states billions of US dollars. I believe there was no need to make such recognition and in doing so cede thousands of...

OECS seeks data to develop Eastern Caribbean yachting sector

March 5, 2015
OECS seeks data to develop Eastern Caribbean yachting sector CASTRIES, St Lucia -- The Organisation of Eastern Caribbean States (OECS) Tourism Desk has attempted to address the challenge of lack of data to provide policy guidance to further develop the yachting sector. This was done via a survey conducted in 2014 at the United States Sailboat Show.

Letter: Venezuela has been well and truly fracked by the USA

March 5, 2015
Letter: Venezuela has been well and truly fracked by the USA Oil prices are down worldwide due to the Americans’ discovery and application of a process called fracking, and an oil pipeline from Canada. Fracking is the process of drilling down into the earth before a high-pressure water mixture is directed at the rock to release the gas inside. Water, sand and...

OECS health ministers discuss status of health sector

February 25, 2015
OECS health ministers discuss status of health sector CASTRIES, St Lucia -- The Organisation of Eastern Caribbean States (OECS) Commission’s special meeting of key decision makers in the health sector met with ministers for health on Tuesday morning on the status of member states regarding Ebola and other health matters.

OECS trade officials to push further towards free circulation of goods in 2015

February 19, 2015
OECS trade officials to push further towards free circulation of goods in 2015 CASTRIES, St Lucia -- The Organisation of Eastern Caribbean States (OECS) Commission anticipates a very busy year for trade officials. To this end, during 2015 work towards the establishment of a regime for the free circulation of goods (FCG) will continue. It will include engagement with...

Agreement signed for soil mapping project for Dominica and the OECS

February 16, 2015
Agreement signed for soil mapping project for Dominica and the OECS ROSEAU, Dominica -- Following discussions held between a Moroccan agricultural technical team and the ministry of agriculture and fisheries, a cooperation agreement was signed for the implementation of the soil fertility mapping project in Dominica. The project consists of eight work-packages.

French membership can strengthen OECS, says St Lucia ambassador

February 13, 2015
French membership can strengthen OECS, says St Lucia ambassador CASTRIES, St Lucia -- Qualified citizens resident in Martinique may be able to make use of the new economic space opened-up by the Organisation of Eastern Caribbean States (OECS) Economic Union, an OECS ambassador says. Saint Lucia’s ambassador to the OECS and CARICOM...

Martinique signs documents initiating associate membership of OECS

February 10, 2015
Martinique signs documents initiating associate membership of OECS CASTRIES, St Lucia -- Amidst a lavish ceremony with inspirational messages of hope and where youth in dance portrayed the passion for deeper integration, the Organisation of Eastern Caribbean States (OECS) demographic grew by almost 100 percent as Martinique joined the bloc of Eastern...

OECS eyes Martinique as tertiary health facility

February 7, 2015
OECS eyes Martinique as tertiary health facility CASTRIES, St Lucia (GIS) -- Organisation of Eastern Caribbean States (OECS) director general, Dr Didacus Jules, recently expressed the hope that Martinique can be utilized as a tertiary health facility for the OECS. This, following discussions between Martinique and the OECS Health Authority...

OECS to tighten regulations in ICT sector

February 6, 2015
OECS to tighten regulations in ICT sector CASTRIES, St Lucia (GIS) -- Market competition within the information and communication technology (ICT) sector was discussed at the 60th meeting of the Organisation of Eastern Caribbean States (OECS) Authority held on Wednesday. OECS Director General Dr Didacus Jules said that...

Martinique to become first French territory to join OECS

February 3, 2015
Martinique to become first French territory to join OECS CASTRIES, St Lucia -- The history of the Organisation of Eastern Caribbean States (OECS) will take a new turn on Wednesday when the French territory of Martinique signs on as an associate member, increasing the nine-member grouping to ten. The historic signing of Martinique as an...

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