AGP Executive Report
Last update: 7 hours agoRegional Justice & Business Climate: The OHADAC–CARO Regional Arbitration Centre, with the OECS, will officially launch June 10 in the Eastern Caribbean a training push on arbitration, mediation and ADR, co-financed by AFD under Interreg Caribbean VI, aiming to make cross-island commercial disputes more predictable and accessible for firms and investors, including Martinique. Maritime Security: In Fort-de-France, a French Navy operation (“Royal Toucan”) with Dutch and Dominican air support seized 737kg of cocaine from a flagless speedboat; two suspects were detained and the drugs handed to Colombian authorities. Disaster Readiness: The Armed Forces in the Antilles keep training for “Operation Caribbean 26” through June 4, with Martinique’s RSMA units among specialized teams rehearsing cyclone-scale humanitarian and infrastructure recovery. Trade & Logistics for Martinique: Saint Lucia is stepping up practical trade links with Martinique, focusing on export readiness (testing, packaging, transport, traceability and certification) and import-export facilitation for 15 products. Energy Costs for SMEs: The Bahamas launched a Green Climate Fund-backed free energy audit initiative for MSMEs, targeting manufacturing, hospitality and agribusiness to cut bills and boost resilience. Aviation Realignment: Caribbean Airlines is cutting routes and frequencies from June 1, including reduced service to Martinique and Guadeloupe, as the regional market reshuffles around new hub strategies. Climate Pressure on Industry: Caribbean islands face drought and extreme heat tied to a strong El Niño pattern, threatening water, agriculture and tourism infrastructure.
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