Caribbean L 18 ife, Feb. 28-Mar. 5, 2020
CARIBBEAN ROUNDUP
cratic Party (NDP) and President Desi
Bouterse.
These protests started
a week ago over
increased fuel prices
and living costs and the
misuse of more than
US$100 million from the Central Bank.
At last week’s protest, four people
including a trade union leader were
arrested.
The protest comes three months
before Bouterse, who was recently sentenced
to 20 years in jail for the 1982
murders of 15 government opponents,
faces re-election.
Bouterse, 74, has since appealed the
sentence.
Trinidad
The Trinidad and Tobago government
and Barbados have signed a unitization
agreement that will allow for the
exploration of hydrocarbon resources,
which straddle the maritime boundary
shared by T&T and Barbados.
The agreement was signed by Prime
Minister, Dr. Keith Rowley and Mia Mottley
in Barbados last week.
Speaking to the media
after the agreement was
signed Dr. Rowley said,
“If we do find hydrocarbons….
most likely gas,
we have now agreed to operate on a
unitized basis. The two countries will
work together, designate the operators
for such a resource and very quickly we
can move forward towards its exploration
as long as what we have found is
commercially viable.”
“Hopefully, this will encourage exploration
in the deep-water, which is where
we are now looking for the bulk of our
future resources. And is we can do that,
we can accelerate ourselves towards
a point where we can monetize at the
earliest possible date whatever we may
find,” he said.
The Office of Prime Minister Dr.
Rowley said the signing of the agreement
was the second phase of a process
which began with the signing of a
Memorandum of Understanding (MoU)
between the two countries in August
2019.
— Compiled by Azad Ali
Continued from Page 4
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