Caribbean Report 19-03-1990


A new agreement governing the export of bananas to Europe by the Dominican Republic and Caricom may satisfy Caricom concerns but ultimately present similar problems for other ACP suppliers. An analyst predicts that this agreement will merely shift the problem unto other traditional suppliers, which will be one of the items on the agenda of the upcoming ACP-EEC Assembly meeting. Secondly, as overseas creditors squeeze Jamaica’s private sector for overdue payments which collectively exceeds $200 million, the economic officials predict an imminent abolition of exchange controls and the floating of the currency. The next segment raises questions on the existing and future role of the Commonwealth Secretariat as the Caricom nations grapple with a changing economic environment. The report concludes with ongoing negotiations between the government of Suriname and the rebel groups, with many inhabitants of the interior displaced and dissatisfied with the peace talks.


Includes a musical interlude at the beginning of the report.

Table of Contents

1. Headlines (00:00-01:21)
2. New banana agreement between Caricom and the Dominican Republic is of concern to other ACP suppliers to Europe (01:22-05:27)
3. Financial News. Delroy Lindsay, Executive Director of the Private Sector Organization of Jamaica, comments on the status of the private sector in the face of the liberatization of the Jamaican economy (05:28-06:59)
4. Following up on the economy of Jamaica, an article in the Daily Telegraph reports that Jamaica's foreign exchange crisis deepened last week when foreign creditors threatened to cut supplies of raw materials to local debtors. Interview with Delroy Lindsay (07:00-10:48)
5. Is the Commonwealth Secretariat a talking-shop or will it identify a distinctive and enlarge role for itself after 1992? (10:49-13:30)
6. Lack of confidence hampering the peace process in Suriname. Chandra van Binnendijk reports from Paramaribo (13:31-15:36)