READY TO NEGOTIATE
Basseterre, St. Kitts and Nevis: The government of St. Kitts and Nevis has announced it is ready to begin negotiations with the United States of America for an Open Skies Agreement.
Minister of Tourism and International Transport, Richard Skerritt, said the aim of the agreement is to derive mutual benefit for the two countries, particularly during this period of global economic downturn.
Open skies is an international policy concept which promotes the liberalization of rules and regulations for the international aviation industry, particularly commercial aviation, thereby opening up a free market for the airline industry. An Open Skies policy gives effect to the Convention on International Civil Aviation signed in Chicago in 1944.
Three U.S. carriers – American Airlines, U.S. Airways and Delta Airlines – operate scheduled service into St. Kitts’ Robert L. Bradshaw International Airport. American Eagle also operates scheduled daily service to the Vance Amory International Airport in Nevis and the Bradshaw Airport in St. Kitts. Other U.S.-based carriers, including Miami Air, also operate charter services to St. Kitts.
Santiago, Chile: A study by the Economic Commission for Latin America and the Caribbean (ECLAC) has called for the Caribbean Community (CARICOM) to seek new areas for future development.
The study says the global financial crisis has affected Caribbean trade, particularly domestic income, because of the region’s high dependence on foreign markets.
The results of the study warned that Caribbean exports are concentrated in tourism services and a few goods which it says increase the region’s vulnerability to external shock.
ECLAC is therefore recommending – among other things – diversification of exports, and enhancing intra and extra-regional cooperation efforts.