Caribbean Report 11-02-1993
Britain,France and the European Commission are pushing hard to break am embarrassing deadlock on the community’s banana import regime. This will depend largely on the Dutch and Belgian ministers decision to change their minds - Shada Islam reports. John Bell, CEO Caribbean Hotel Association has criticized the region’s desperate aviation structure and says it’s on the edge of a catastrophe with very little control over the Caribbean’s air access and failing Caribbean airlines. Journalist Graham Todd shares his sentiments based on the Economist Intelligence Unit (EIU) report highlighting the potential danger of the Caribbean region becoming too dependent on American and European carriers in its two key markets of North America, Canada and the European countries. Yesu Persad says that Guyana’s is the only country in the Caribbean practicing free trade,and two trade missions from Britain and the US are seeking investment opportunities in Guyana. Correspondents Debbie Ransome and Yvette Rowe report on the statements of Sally Yearwood of Caribbean Central American Action (CLAA) and Michael Adder. Suspension of individual agents buying foreign exchange on behalf of the Bank of Jamaica has raised questions about the integrity of the entire system. Henry Evans – investment banker speaks to correspondent Yvette Rowe about his professional opinion and the implications for the regional stock market, economy and foreign exchange rate trading system. South African cricket team won over the West Indies and although a disappointment to the West Indies team - Clyde Walcott, President of the West Indies Cricket Board of Control said that he was impressed by the strides made by the South African team – correspondent Debbie Ransome reports.