AGP Executive Report
Last update: 5 hours agoCruise Investment: Carnival executives met the Cabinet and assessed a proposed terminal site as St. Kitts prepares for homeporting operations in November 2027. Officials say the project could open opportunities for local businesses and service providers. Tourism Airlift: Air Canada Rouge resumed Toronto flights on October 31, its earliest seasonal start for St. Kitts, as the Tourism Authority works toward year-round Canadian connectivity. Business and Energy: Horsford’s launched GAC vehicles, including electric models, benefiting from reduced import duties on qualifying EVs. Financial Access: Licensed medicinal cannabis businesses have secured a banking pathway through National Bank, a step the regulator says can support the sector’s growth. Public Finance: Government has begun preparing its 2027 budget, reviewing ministry priorities and spending needs. Investment Migration: St. Kitts and Nevis is among five Eastern Caribbean countries facing EU pressure to phase out citizenship-by-investment programmes by June 2028; CBI fees were estimated at about 6% of the Federation’s GDP in 2025.
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