BASSETERRE, St Kitts — Heads of government of the Caribbean Community (CARICOM) are committed to deliver a competitive transportation industry, and are looking for the right model that would be fiscally appropriate for the provision of air transportation services in the region.
CARICOM leaders had extensive discussions on regional transportation during their two-day intersessional meeting in St Kitts and Nevis last month. Transportation was a main item on their agenda. The talks were preceded by a one-day special meeting of the Council for Trade and Economic Development (COTED) in St Vincent and the Grenadines earlier in February.
One of the steps the heads of government have agreed to is to look at charges and tax structures that could have a negative effect on the provision of air services with a view to rationalising those structures as deemed appropriate by the ministries of finance of member states.
