LIAT negotiations between Barbados and Antigua and Barbuda have broken down.
Barbados TODAY investigations have revealed that talks between the teams from Antigua and Barbuda and Barbados, which took place last Monday at the Hilton Hotel lasted only a few hours before stalling.
The visiting team subsequently left the island without a deal being reached. Barbados’ negotiation team was led by Attorney General Dale Marshall and also included Minister of Tourism Kerrie Symmonds and Director of Finance and Economic Affairs Ian Carrington.
While efforts to reach Marshall proved unsuccessful, according to reports, the home team was not impressed with what Antigua and Barbuda brought to the negotiating table. A source out of Antigua and Barbuda told Barbados TODAY it did not appear a deal would be struck anytime soon.
“The outcome so far does not reflect that the two sides are anywhere close to Barbados selling even a portion of its sales. It does not look probable for the near future,” the source added.
The source revealed that among the sticking points to Barbados selling its 49.4 percent majority stake in LIAT was Prime Minister Mia Mottley’s insistence that Antigua and Barbuda would have to take up Barbados’ almost…
