Caribbean News in Brief as of June 11-09

LIBYA TO SET UP OECS BANK

Kingstown, St. Vincent and the Grenadines: Prime Minister Dr. Ralph Gonsalves says Libya has agreed to establish a commercial bank in the Organization of Eastern Caribbean States (OECS) sub-region.

OECS leaders met in Kingstown with a delegation from Libya last weekend. The meeting followed talks in Tripoli, Libya, last month between Dr. Gonsalves and Libyan leader, Muammar Gaddafi.

Gonsalves said other forms of cooperation, including scholarships, were discussed during the meeting “to build the links between the African Union and the Caribbean and Latin America”.

NEW ECONOMIC STRATEGY UNVEILED

Georgetown, Guyana: The government has launched a new strategy for transforming the country’s economy and fighting climate change.

The new approach announced by President Bharrat Jagdeo is to be the subject of consultations over the next three months, with key players including miners, forestry officials, indigenous peoples and social workers.

One of its components is a plan to deploy the nation’s forests to mitigate climate change.

The plan, called the “low carbon development strategy”, is expected to attract widespread discussion.

Officials in Georgetown say the proposal will be presented to the United Nations Framework Convention on Climate Change meeting in Denmark in December.

PREPARING FOR ELECTIONS

Roseau, Dominica: Prime Minister Roosevelt Skerrit says the governing Dominica Labour Party (DLP) is completing its work program and development projects with an eye to holding early general elections.

The elections are constitutionally due next year, but Skerrit has put DLP supporters on “red alert”.

In a clear reference to his plans to announce an early election, Skerrit announced at his party’s Delegates Convention, “The signal to fire shall come without warning, I want you to be ready, ready to pull out the stops the minute I give you the signal.”

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