Grenada celebrates CARICOM Energy Month 2017

ST. GEORGE’S GRENADA, November 13, 2017 – Energy Month is an annual CARICOM initiative in which member states are invited to raise awareness and educate the public and the business community on sustainable production of electricity. The Month also seeks to encourage behavioural changes in homes and workplaces to conserve and reduce energy consumption through the use of renewable energies and energy efficient appliances and fittings.

For the year 2017, CARICOM Energy Month will be held across the Region under the theme “REthinking Energy”. This theme encourages us to examine the role of renewable energy in our sustainable energy transition and also to focus on the importance of the efficient use of energy.

The main activity organized by the Energy Division to celebrate the 2017 Energy Month, is a Kill-A-Watt Exhibition. This event is scheduled for Friday 24th November 2017 from 10:00 am to 5:00 pm on the Carenage in front of the Financial Complex.

This exhibition will feature exhibitors of renewable energy and energy efficiency solutions, as well as energy suppliers and will be an opportunity for networking among the key stakeholders and the sharing of information on how to “REthink Energy” in Grenada.

The Government also promotes the use of renewable energies by offering duty and tax exemptions for renewable energy systems. Furthermore the Grenada Development Bank offers lower interest rate loans for renewable energy applications.

Grenada Investment Migration Programme First in the World for Residence Requirements

Grenada’s Citizenship-by-Investment programme has secured the number one spot in terms of Residence Requirements, Investment Requirements and Physical Visit Requirements in the Global Residence and Citizenship Programmes 2017–2018 report.

The report is the industry standard for benchmarking and measuring the attractiveness of investment migration programmes, and was released today by global residence and citizenship advisory firm Henley & Partners, ahead of its 11th Global Residence and Citizenship Conference. The event is held this year in Hong Kong, from 14 to 16 November 2017.

Grenada — The Caribbean’s hidden gem

The Grenada Citizenship-by-Investment programme was launched in August 2013 as a means to develop Grenada’s economy to be more prosperous and independent. The programme secured second place in the region, after Antigua and Barbuda.

Grenada is an island nation with an exotic topography, breathtaking beaches and year-round temperate climate. Grenada passport holders may currently travel to 124 countries around the world visa-free, including the UK and Europe’s Schengen area, Brazil and China. It also offers citizens the opportunity to apply for the E-2 Investor Visa to the US.

The 3rd edition of the Global Residence and Citizenship Programmes report provides a systematic analysis and comprehensive benchmarking of the world’s leading investment migration programmes. These programmes were evaluated by a distinguished panel of independent experts — including immigration and citizenship lawyers, economists, country risk experts, academic researchers, and other specialists — who took into account a broad range of factors pertaining to each programme. The result is a global bird’s-eye view of the investment migration industry and a ranking of all the major programmes on offer.

Hugh Morshead, Group Direct of Henley & Partners, says, “The Global Residence and Citizenship Programmes publication is an indispensable tool, not only for all those interested in alternative residence or citizenship but also for professionals such as private client advisors, private bankers, lawyers, as well as governments operating investment migration programmes.”

Grenada was also recognised in the areas of:

  • Reputation
  • Quality of Life
  • Visa-free Access
  • Processing Time and Quality of Processing
  • Compliance
  • Relocation Flexibility
  • Transparency

A growing interest in residence and citizenship planning

As Morshead explains, the need for a reference and benchmarking tool like the Global Residence and Citizenship Programmes reflects the strong growth of the investment migration industry in recent years. “Interest in the industry has steadily increased over the past decade, and we anticipate that it will continue to do so,” he says. “In fact, we again expect hundreds of attendees from over 40 countries at this month’s Global Residence and Citizenship Conference in Hong Kong.”

The annual event, now in its 11th year, has become the world’s most significant conference on investment migration. It brings together presidents, prime ministers, senior government officials, leading academics, and industry professionals, as well as top-tier financial and business media. According to Morshead, this year’s conference offers delegates the opportunity to engage with the leading minds and ideas driving the growing trend towards global mobility and citizenship.

Key speakers at the conference include investment legend and global financial commentator Jim Rogers, who will speak about the trends and issues affecting global citizens and their investments, and the Prime Minister of Malta, the Hon Dr Joseph Muscat, who will talk about the advantages of Maltese citizenship for Asian investors. Professor Dr. Dimitry Kochenov will discuss the latest edition of the Henley & Partners – Kochenov Quality of Nationality Index, explaining how the quality of a nationality affects the movement of talent and business, while John Wong, PwC’s Private Client Services Leader in China and Hong Kong, will provide the latest insight into tax planning for Chinese private clients.

“Following the unprecedented success of this event year after year, we again expect the conference in Hong Kong to be more influential than the one before,” Morshead concludes.

Henley & Partners

From tourism to high technology: Grenada and Russia have something to share with each other

Picturesque white beaches, tropical forests and endless plantations of nutmeg, cocoa beans and mangoes. Even the Soviet and Cuban airplanes that have remained since the Cold War look like exotic scenery for the film. But now Grenada shows itself from the other side. As an active and independent player in the international arena.

A new perspective platform for negotiations is almost ten thousand kilometers from Moscow. In 2017, Grenada became the first state of the Caribbean, which opened its embassy in Moscow. And these days it hosts the first forum “Russia-Eurasia-Caribbean”.

Participants included delegates from Russia, Antigua and Barbuda, Guyana, Uruguay, Cuba, St. Kitts and Nevis, the United States and Britain. Representatives of the Caribbean Community also arrived, where Grenada currently presides as the Chair. Some of the main speakers, of course, are members of the government of Grenada itself.

“Russia and Grenada need each other: Russia has resources, first of all, human resources, there are scientists, specialists in various fields of knowledge and, of course, businessmen and investors. And we have the opportunities and have something to offer,” said the Honourable Nickolas Steele, Minister of International Business of Grenada.

The co-organizers of the forum were the Ministry of International Business of Grenada, Roscongress Foundation and the Bering-Bellingshausen Institute.

“On the one hand, these are small countries, usually we see them at the beginning of the Olympic Games.” On the other hand, firstly, nobody canceled arithmetic at the UN, there are full votes, and secondly, 16 million people. , it’s a curious market that delivers what we do not know how to grow, they also experiment with mail reform, blockchain technologies, the blue economy, and so on,” said the President of the Bering-Bellingshausen Institute and the anchor of the TV program “Saturday News” Sergey Brilev.

Grenada has been interested in developing economic ties with Russia for several years now. The most obvious, but not the only sphere here, of course, is tourism. Local beaches are considered to be among the best in the world. And citizens of Russia do not need a visa to travel to Grenada.

“Now we are establishing bilateral relations with more than 50 regions of Russia and we see responses from Russian companies that are interested in developing business in the Caribbean region.” We have also opened My Caribbean trade center, its goal is the development of economic and cultural ties between countries,” said Ambassador of Grenada to Russia Oleg Firer.

Of the goods, Grenada can offer fish, fruits and spices. And above all, of course, nutmeg. Nutmeg is even here on the national flag. The factories of small Grenada now produce up to 30 percent of the world’s muscat harvest.

At the factory it is worth to come, at least for the sake of smell. Muscat dust here hangs in the air. Sacks from the plantations, full of nuts, are raised to the upper floors on the platforms. Down through the vents of the sorting cars for hours the stream of Grenada black gold flows.

Grenada delivers nuts to the US, Latin America and Europe. There are no direct supplies to Russia yet. But from the mid-80s a memorable tablet was kept in the factory. Then the bags of muscat went straight from Grenada to the USSR, and on the stencil then, by all accounts, Russia mistakenly wrote. Not the Soviet Union.

According to one of the workers, as soon as the factory receives the order, it is ready to export. “That’s why we need this tablet, and it’s always in our sight,” he said.

They also count on the development of ties in science and education. On the island there is a large medical university, many graduates of which work in the USA. Perhaps, soon, students from Russia will also appear here. Relations in the field of agriculture and technology are developing.

“Colleagues come out with an initiative where, in partnership with Skolkovo, using the successes and mistakes that we made, here we have to make a technological gate.” In order to establish the center here with our expert support that will implement the technologies here,” said the Senior Vice-President of Skolkovo on innovations Kyrill Kaem.

General view of our countries and many international problems. And experts emphasize: it is not worthwhile to focus on the size of the country and its influence in different regions of the world. Smaller countries now receive much greater freedom of maneuver in the international arena. In the UN General Assembly and practically in all international organizations, the principle operates: one country – one vote. And sometimes this voice can be decisive.


Russia strengthening dialogue with the Caribbean

Letter from the Embassy of the Russian Federation in Co-operative Republic of Guyana

The Russian Federation continues to enhance its ties with the Caribbean countries and regional organizations, notably CELAC, CARICOM and the Association of Caribbean States. Over the last year, significant progress has been achieved in terms of political dialogues with Guyana, Grenada, Saint Vincent and the Grenadines, and Trinidad and Tobago. This dialogue includes contacts between Ministers via diplomatic channels, high-profile visits, and mutual support within international organizations. The first joint Russian/Eurasian-Caribbean economic, media and academic forum that took place in St. George’s is a vivid manifestation of interregional rapprochement.

Both Russia and the Caribbean countries advocate a multipolar world consolidated under the aegis of the United Nations and governed by fundamental principles such as the rule of international law, sovereign equality, non-intervention and non-interference in the international affairs of States.

Our countries share a common stance on a variety of global issues and challenges such as sustainable development, climate change, terrorism, weapon nonproliferation. In addition, we are in full agreement when it comes to regional matters such as the need to end the economic embargo or unjustified external pressure against Venezuela.

On bilateral level, our relationship with Grenada has entered a new phase. Reestablishment of the Grenadian Embassy in Moscow, participation of the Grenadian delegation in the Saint Petersburg International Economic Forum, signing of the Russian-Grenadian visa waiver agreement which will enter into force on December 24, 2017, are just a few instances of deepening political and economic engagements. Our countries have also enjoined fruitful discussions with the Russia-CELAC format and we are ready to continue the dialogue that will lead us towards an enduring partnership.

The Russian-Guyanese relationship is also on the rise. Over the last year and a half, our countries exchanged high-level delegations to hold talks on bilateral and multilateral issues of mutual interest. Most recently, a delegation from the Russian Ministry of Natural Resources and Ecology visited Georgetown to define key areas of engagement in the fields of geology and mining. Russian investors continue to funnel resources and generate jobs in Guyana. There is a visa-free regime with Guyana effective since 2015.

Russia and Trinidad and Tobago are enjoying fruitful cooperation in the field of trade and energy. In October 2017, a Trinidadian delegation headed by the Minister of Energy and Natural Resources visited Moscow to participate in the 19th Ministerial Meeting of the Gas Exporting Countries Forum.

Russia and St. Vincent and the Grenadines look to strengthen their humanitarian ties and foster sustainable tourism. Finalizing and signing a visa waiver agreement will be a significant step in the right direction. Our country will continue to provide scholarships and academic exchange opportunities to Saint Vincent and other CARICOM members.

The Government of the Russian Federation extends its sympathy to the victims of the hurricanes and peoples of the ravaged islands of the Caribbean. In order to assist in the recovery, Russia has provided grants to the Governments of Antigua and Barbuda, and Dominica. The Russian delegation at the ECOSOC has also proposed to establish a global disaster control network which would help the Caribbean nations become resilient to climate change and its effects.

Our country will continue its efforts to build up sustainable partnerships and promote mutually beneficial engagements in the Caribbean.

Link to the letter

IBBA proposes to a Russian factory to give a Russian diamond to Cuba

MONTEVIDEO (Sputnik), November 2, 2017 – The Bering-Bellingshausen Institute for the Americas (“IBBA”), based in the Uruguayan capital, proposed to the Russian diamond factory in Smolensk to hand over a precious stone to Cuba to install it in the Capitol of Havana and thus commemorate the shared history between Russia and the island.

“To commemorate the joint history between Russia and Cuba we have suggested to the Smolensk factory to give Havana a diamond to be placed in the Capitol, it will be called “The Loyal” to underline the fact that we are loyal to the joint history of sacrifices, challenges, successes, and sometimes of failures and tragedies, of everything that has happened in the Russian-Cuban relationship,” IBBA president Sergey Brilev told Sputnik.

Perhaps the “First Dawn” of relations between Russia and the Caribbean subregion, Brilev continued, was the period of “that Cuban Russian friendship in the 60s and 70s.”

That relationship between both nations, he added, “was quite tumultuous but also legendary and that is why we want to commemorate with the diamond “The Loyal” that the Smolensk factory will carry out under the auspices of the IBBA in Havana.”

“The Loyal” Diamond

Brilev explained that in the capitol of Havana there was a large diamond that belonged to the last Russian Tsar, Nicholas II, and that this diamond has “a very special history because it appeared and disappeared” and that symbolically marks the zero kilometer of the construction of the construction of the road network of Cuba.

For that reason, he added, “to commemorate that history between both nations we have suggested the delivery of this diamond.”

The diamond factory is one of the companies that participates in the economic forum Russia/Eurasia-Caribbean, “A New Dawn”, organized by the IBBA, which started on the Caribbean island of Grenada and will be held until this Friday November 3, 2017.