The Caribbean Council https://www.caribbean-council.org CONNECTING QUALITY BUSINESSES IN THE CARIBBEAN AND CENTRAL AMERICA SINCE 2000 Tue, 22 Apr 2025 11:21:55 +0000 en-GB hourly 1 https://wordpress.org/?v=6.7.2 https://www.caribbean-council.org/wp-content/uploads/2021/02/cropped-favicon-1-32x32.png The Caribbean Council https://www.caribbean-council.org 32 32  Think Tank Highlights Columbus Speed Cargo in Central America  https://www.caribbean-council.org/think-tank-highlights-columbus-speed-cargo-in-central-america/?utm_source=rss&utm_medium=rss&utm_campaign=think-tank-highlights-columbus-speed-cargo-in-central-america Fri, 28 Mar 2025 12:32:32 +0000 https://www.caribbean-council.org/?p=24694 Central American cargo moves at 16 km/h, equivalent to Christopher Columbus’s caravans, according to Think Huge president Juan José Daboub. The business think tank suggested that containers from Panama-Mexico need to move around 90 km/h which would require fundamental changes to road building and customs. Daboub highlighted that part of the US$7bn that has been channelled through Think Huge has…

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]]> Panama Port Sale Delayed after China Pressure, Criminal Complaint https://www.caribbean-council.org/think-tank-highlights-columbus-speed-cargo-in-central-america-2/?utm_source=rss&utm_medium=rss&utm_campaign=think-tank-highlights-columbus-speed-cargo-in-central-america-2 Fri, 28 Mar 2025 12:32:32 +0000 https://www.caribbean-council.org/?p=24773 Chinese antitrust regulators will review the deal between CK Hutchison and BlackRock over the US$19bn deal for two Panama ports. BlackRock has admitted that this could mean a delay of at least nine months on the sale of 43 ports in 23 countries. Further complicating the transaction is Panama’s Comptroller General Anel Flores filing a criminal complaint against Panama Ports…

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]]> ETECSA says unable to obtain forex to upgrade Cuba’s telecoms network https://www.caribbean-council.org/us-imposes-new-conditions-of-entry-on-shipping-and-cuban-ports-2/?utm_source=rss&utm_medium=rss&utm_campaign=us-imposes-new-conditions-of-entry-on-shipping-and-cuban-ports-2 Mon, 24 Mar 2025 10:36:20 +0000 https://www.caribbean-council.org/?p=24679 22 April 2025 TCuba’s state run telecommunications company, ETECSA SA, has publicly acknowledged that it is unable to obtain the foreign exchange it needs to maintain the required level of investment in technology to continue upgrading its aging network. Speaking to Cubavisión Internacional, the official worldwide arm of the domestic Cubavisión network, Kevin Castro, the Deputy Director of…

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]]> Minister assures Cubans that recovery of electrical system is advancing https://www.caribbean-council.org/us-imposes-new-conditions-of-entry-on-shipping-and-cuban-ports/?utm_source=rss&utm_medium=rss&utm_campaign=us-imposes-new-conditions-of-entry-on-shipping-and-cuban-ports Mon, 24 Mar 2025 10:36:20 +0000 https://www.caribbean-council.org/?p=24759 07 April 2025 Cuba’s Minister of Energy and Mines, Vicente de la O Levy, has insisted that the recovery of Cuba’s National Electricity System (SEN) is “on schedule” and that a positive outcome of everything planned “will soon be seen.” His comments come as extensive daily power outages continue because of fuel shortages, breakdowns, and scheduled repairs. On 6 April the deficit forecast by the…

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]]> Caribbean states seek clarity on US travel restrictions https://www.caribbean-council.org/caribbean-states-seek-clarity-on-us-travel-restrictions/?utm_source=rss&utm_medium=rss&utm_campaign=caribbean-states-seek-clarity-on-us-travel-restrictions Fri, 21 Mar 2025 14:18:00 +0000 https://www.caribbean-council.org/?p=24675 21 March 2025 Several Caribbean countries are breathing a bit easier after the US disputed reports that it is considering implementing new travel restrictions that could affect six Caribbean nations—St Lucia, Antigua and Barbuda, Dominica, St Kitts and Nevis, Haiti and Cuba. According to the The New York Times, countries have been categorised into three levels of restrictions: a “red” list…

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]]> Caribbean hit with US tariffs days after positive Rubio visit https://www.caribbean-council.org/caribbean-states-seek-clarity-on-us-travel-restrictions-2/?utm_source=rss&utm_medium=rss&utm_campaign=caribbean-states-seek-clarity-on-us-travel-restrictions-2 Fri, 21 Mar 2025 14:18:00 +0000 https://www.caribbean-council.org/?p=24732 04 April 2025 Only days after US Secretary of State Marco Rubio’s tour of the Caribbean, President Donald Trump has created another powder keg when he announced sweeping global tariffs on countries including those in the region. Trump’s 1 April executive order imposed a blanket 10% tariff on most Caribbean countries, while in the case of Guyana, the tariff is as high as 38%

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]]> US cancels gas licences for Trinidad-Venezuela projects https://www.caribbean-council.org/caribbean-states-seek-clarity-on-us-travel-restrictions-3/?utm_source=rss&utm_medium=rss&utm_campaign=caribbean-states-seek-clarity-on-us-travel-restrictions-3 Fri, 21 Mar 2025 14:18:00 +0000 https://www.caribbean-council.org/?p=24794 18 April 2025 The US has revoked key licences that enabled Trinidad and Tobago to pursue joint natural gas projects with Venezuela, in a move that has sent shockwaves through the nation’s energy sector and raised questions about its economic future. Prime Minister Stuart Young confirmed the revocation of the Office of Foreign Assets Control (OFAC) licences for the Dragon and Cocuina-Manakin gas…

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]]> Online Members Event “El Salvador – A New Paradigm – Growth and Security” https://www.caribbean-council.org/online-members-event-el-salvador-a-new-paradigm-growth-and-security/?utm_source=rss&utm_medium=rss&utm_campaign=online-members-event-el-salvador-a-new-paradigm-growth-and-security Fri, 21 Mar 2025 09:48:04 +0000 https://www.caribbean-council.org/?p=24665 The Caribbean Council was pleased to host an insightful members-only online event with Invest in El Salvador, presented by Beatriz Marquez Garcia. The presentation explored why El Salvador is increasingly becoming attractive to global investors and how Invest in El Salvador can support potential UK investors and exporters across a wide range of sectors, including, aeronautics, food and beverages…

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]]> Online Members Event – Suriname https://www.caribbean-council.org/online-members-event-suriname/?utm_source=rss&utm_medium=rss&utm_campaign=online-members-event-suriname Fri, 21 Mar 2025 09:48:04 +0000 https://www.caribbean-council.org/?p=24712 New online event for Caribbean Council Members. Suriname – The Next High Growth Market. Wednesday, 9th April at 4.00pm (BST). We are delighted that distinguished senior business leader and British Honorary Consul, Kathleen Healy has agreed to make a presentation to our members together with her colleague, Patrick Healy, the Group CEO of Consolidated Industries Corporation; and to then join us…

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]]> Recent Suriname Event – The Next High Growth Market https://www.caribbean-council.org/recent-suriname-event-the-next-high-growth-market/?utm_source=rss&utm_medium=rss&utm_campaign=recent-suriname-event-the-next-high-growth-market Fri, 21 Mar 2025 09:48:04 +0000 https://www.caribbean-council.org/?p=24779 Last week the Caribbean Council hosted an online event focused on Suriname’s economic transformation, its preparations for commercial oil production, and the opportunities for UK companies. Our members were pleased to be joined by key speakers, including HE Jane Miller OBE, British High Commissioner to Guyana and Non-Resident Ambassador to Suriname; Kathleen Healy, British Honorary Consul in…

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