IMPACT Justice Model Business Names Registration, Trade Marks Legislation receive final review

Participants at the review

The Canadian Government funded Improved Access to Justice in the Caribbean (IMPACT Justice) Project hosted a 3-day meeting to review draft Model Business Names Registration and Trade Marks Legislation.

The meeting was held in the Shridath Ramphal Centre for International Trade Law, Policy & Services (SRC), The University of the West Indies, Cave Hill Campus, from February 13th to 15th, 2018.

Professor Velma Newton, Regional Project Director of the IMPACT Justice Project, chaired the meeting which was attended by Mrs. Lekeicha Caesar-Toney, Registrar, Corporate Affairs and Intellectual Property Offices (St. Vincent and the Grenadines), Ms. Deborah Beckles, Deputy Registrar, Corporate Affairs and Intellectual Property Offices, (Barbados), Mr. Malcolm Spence, Senior Coordinator, Office of Intellectual Property, Science and Technology Issues of CARICOM, Mrs. Myrtle Brandt, Q.C., legislative drafter (Cayman Islands) and two senior attorneys-at-law, Mrs. Rosalind Smith-Millar, Partner, Clarke Gittens Farmer (Barbados), Mrs. Fiona Hinds, Partner, Carrington and Sealy (Barbados).

The meeting of February 13th – 15th, is the final committee meeting the Project will host to discuss Trade Marks and Business Name legislation as the committee was able to finalize the draft Bills which will be submitted to the Legal Affairs Committee (LAC) of CARICOM for approval as CARICOM Model Bills.

Read more at: St. Lucia News Online

Building standards at forefront of UNDP Carnival Band in Dominica

2018 Carnival message

Roseau, Dominica, 15 February, 2018— In keeping with its mandate to support the government’s effort to build back better, following the devastating effects of category 5 Hurricane Maria, the UNDP Dominica Project office capitalised on the large audience at the 2018 Carnival Monday parade as team members promoted Dominica’s building standards with an aptly themed float.

The group, which also comprised engineers from civil society organisation, Engineers Without Borders (EWB), focused specifically on roofing standards with the theme “24 gauge- don’t nail it, screw it!” Sporting shirts with the Dominica flag and UNDP logo, the troupe also included a banner and model roof.

The roof was built to highlight practices on how to build back better says Michael Paddock PE, PS of EWB.

“We built it showing best practices such as the use of 24 gauge galvanize, we spaced out the rafters at the appropriate length of 24 inches and of course we used screws to connect the galvanize to the rafters and purlins as they are best for resisting wind pressure and suction,” he stated.

Read more at: Dominica News Online

Positive economic growth expected for Caribbean in 2018, but resilience-building measures needed

Dr. Justin Ram

February 7, 2018, BRIDGETOWN, Barbados – The Caribbean Development Bank (CDB) is projecting regional economic growth of 2% in 2018. This follows a return to positive figures last year, during which the Region experienced overall growth of 0.6%–despite the devastation caused by the Atlantic Hurricane Season.

Director of Economics at CDB, Dr. Justin Ram, says that all of CDB’s Borrowing Member Countries (BMCs) are expected to contribute to the positive movement.

 “This is mainly driven by the return to growth in Trinidad and Tobago and a 2.3% uptick in Jamaica, which accounts for about a fifth of regional GDP. The highest growth rates are anticipated for Anguilla and Dominica as they rebuild from the damage caused by the 2017 hurricanes. Antigua and Barbuda and the Turks and Caicos Islands are also expected to have strong growth.”

Dr. Ram was speaking during CDB’s Annual News Conference on February 7, 2018. He noted, however, that although a return to growth is encouraging, the Caribbean still lags behind other small developing states. In the Region, growth has averaged 0.8% since 2009, compared to an average of 4.8% in other country groups.

Caribbean Development Bank
The Caribbean Development Bank (CDB), is a regional financial institution which was established by an Agreement signed on October 18, 1969, in Kingston, Jamaica, and entered into force on January 26, 1970. The Bank came into existence for the purpose of contributing to the harmonious economic growth and development of the member countries in the Caribbean and promoting economic cooperation and integration among them, having special and urgent regard to the needs of the less developed members of the region (Article 1 of the Agreement establishing CDB). In the Revised Treaty of Chaguaramas, the CDB is recognised as and Associate Institution of CARICOM.
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CDB President announces up to US$800M for disaster recovery, amid strong Bank performance in 2017

Dr. Warren Smith, President of the Caribbean Development Bank (CDB)

February 7, 2018, BRIDGETOWN, Barbados – President of the Caribbean Development Bank (CDB), Dr. Wm. Warren Smith, today announced that the institution is making USD700 to 800 million (mn) available to help Borrowing Member Countries (BMCs) recover from the impact of the 2017 Atlantic Hurricane Season. The funding, which the Bank is providing over the next five years, complements its ongoing work to build resilience in the Caribbean Region.

 “Disaster risk management and resilience building took centre-stage again in CDB’s strategic responses to the challenges facing our BMCs,” said Smith while outlining the Bank’s 2017 performance during his Annual News Conference on February 7, 2018.

“To incentivise BMCs to invest in climate-resilient infrastructure, CDB must be able to also offer grant and other attractively priced financial resources. But the challenges our Region faces are bigger than what CDB can handle on its own. We have, therefore, been drawing on a combination of our own resources as well as funds intermediated through CDB by other development partners to meet this challenge,” he added.

In 2017, the Bank mobilised concessionary resources from development partners to support more resilient infrastructure projects throughout the Region.

Caribbean Development Bank
The Caribbean Development Bank (CDB), is a regional financial institution which was established by an Agreement signed on October 18, 1969, in Kingston, Jamaica, and entered into force on January 26, 1970. The Bank came into existence for the purpose of contributing to the harmonious economic growth and development of the member countries in the Caribbean and promoting economic cooperation and integration among them, having special and urgent regard to the needs of the less developed members of the region (Article 1 of the Agreement establishing CDB). In the Revised Treaty of Chaguaramas, the CDB is recognised as and Associate Institution of CARICOM.
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CARICOM SG commends Grenada’s unwavering commitment to integration

Prime Minister of Grenada, Dr. Rt. Hon. Keith Mitchell

As Grenada celebrates its Forty-Fourth Anniversary as an independent nation on Wednesday, 7 February, 2018, CARICOM Secretary-General Irwin LaRocque is commending its unwavering commitment to the Caribbean Community (CARICOM).

In a congratulatory message to the Prime Minister of Grenada, the Honourable Keith Mitchell, the Secretary-General lauded the commitment and leadership he demonstrated as Chairman of the Community during the past unprecedented hurricane season. He noted that Prime Minister Mitchell’s chairmanship of the World Bank’s Small States Forum 2017, served to heighten the visibility of the challenges facing the Small State.

There is much for Grenada to be proud of as a nation, Secretary-General LaRocque said, adding that over the years the people have demonstrated “great resilience as they charted a way forward to enhancing their standard of living.” (more…)