Caribbean Report 11-02-1991

A new Prime Minister is expected to be sworn in by Haiti’s President, Jean-Bertrand Aristide. However, Michael Norton reports that Prime Minister may end up being more powerful than President Aristide. Debbie Ransome reports on a meeting held between CARICOM’s two largest markets i.e. Trinidad and Tobago and Jamaica. Debbie Ransome speaks to Mr. Hugh Small of Jamaica and Mr. Bhoendradatt Tewarie of Trinidad and Tobago who were the two key participants at this meeting. Trinidad and Tobago is frustrated with the hold up of payments of its exports to Jamaica. Mr. Hugh Small of Jamaica says that the nature of the crisis with Trinidad and Tobago will be taken to his cabinet. He believes that these two countries need to move towards the absolute abolition of exchange controls. He adds that the future of the Caribbean community depends on a strong Jamaican economy and Jamaica is taking steps to implement the CET by 15 February, 1991. Mr. Tewarie explains that the governments of Trinidad and Tobago and the private sector have discussed to solve the problem within a CARICOM context. Also with regard to the issue of payment in Jamaican currency, he proposes that preferential arrangements should be made in settling CARICOM arrangements. Caribbean banana producers are awaiting a draft proposal from the European Community on the regulation of the Banana market after 1992. The Caribbean is faced with unbeatable competition from Latin American banana producers and they are pressing for continued market access and protection. The possible merger between BWEE and LIAT is imminent and an official from BWEE claims that plans for this merger has gained increased momentum as international carriers have cut back services to the countries. Mr. Ian Bertrand shares the proposals being considered with this impending merger.

Bibliographic Details

Main Authors:	The British Broadcasting Corporation, Crosskill, Hugh (anchor), Whitehorne, Pat (correspondent), Norton, Michael (correspondent), Small, Hugh (interviewee), Ransome, Debbie (correspondent), Tewarie, Bhoendradatt (interviewee), Robbins, Charles (interviewee), Bertrand, Ian (interviewee)
Other Authors:	The University of the West Indies
Format:	Recording, oral biblioteca
Language:	English
Published:	The British Broadcasting Corporation 1991-02-11
Subjects:	Haiti – Politics and government – 20th century.., Jamaica – Politics and government – 20th century., Jamaica – economic aspects., Trinidad and Tobago – economic aspects., Export – finance – Trinidad and Tobago., Export – finance – Jamaica., Caribbean – economic aspects., Banana Industry – Caribbean area., Caribbean Community., British West Indian Airways., Préval, René., Aristide, Jean-Bertrand., Caribbean airlines., Mergers – Caribbean area., Trading – Caribbean Area., BWIA., LIAT., CARICOM., Common External Tariff., European Community., Banana Industry – Latin America.,
Online Access:	http://hdl.handle.net/2139/12648
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