Prime Minister Dr Keith Rowley is travelling to Barbados this morning to meet with a high-level delegation from the United States, who wish to engage with several Caricom leaders.
The Prime Minister detailed the trip at yesterday’s post-Cabinet media conference in Port-of-Spain. Rowley, who noted that he had just returned from Caricom meetings in Guyana, said it wasn’t his intention to leave T&T again.
“But another development has come up in Barbados this weekend where a high-level delegation from the United States is in the region wanting to meet with certain Caricom leaders, and I’ve been persuaded that I should be there,” he said. “So I travel to Barbados to meet with some decision-makers and ranking members of the US Government, which is currently in transition. We have a number of issues on the table, not the least of which is something called the Bridgetown Initiative.”
The 2022 Initiative led by Barbados focused on reforming the way rich countries finance poor countries in a climate crisis, detailing ways to change how development finance works. It sought to get institutions to treat regional states more fairly in the current difficult times and to get terms and conditions concerning external financing.
Rowley said in the effort led by Barbados Prime Minister Mia Mottley he had been to Washington on more than one occasion, and the US delegation has been to the Caribbean. “We think we made some progress, but it’s crystallised in something called the Bridgetown Initiative, which we need to defend, grow and advance in the US authorities and to the international financial bodies. Therefore we meet in Barbados,” Rowley explained.
Rowley returns Sunday.
‘We simply have to
work with US change’
On whether or not the Government was afraid the change in the US administration would see an increasingly hardline approach to Venezuela and affect T&T’s projects there, the Prime Minister said in accepting the reality of the situation he had seen it said that “problems that don’t have solutions aren’t problems but are part of the landscape.”
He indicated T&T isn’t in a position to influence US local or international diplomacy and policy. “We simply have to work with it, and in these matters, when we’re there—because we’re a player in world trade—you see what’s happening with world trade between US, Mexico and Canada ... we’re a small microcosmic expression of that here.”
Rowley said Minister of Energy and Energy Industries Stuart Young was going to Caracas on Tuesday, “Because we have to stay engaged. There’s a lot at stake for the people of T&T. We’re hoping, anticipating, and advocating it works out for us. But we’re there.”
On whether the progress made with the Democrat administration may be affected by the incoming Republican administration, Rowley said, “It might very well be.” “Therefore, if the Government changes, our argument is still the same to the US government—that you as a Government recognise our position ... and the effects on our position regardless of who’s in Washington.”
Rowley said the Government may have more access to some people than others, and the Government has worked alongside Republicans.
He noted that when the US delegation came to T&T the last time under Secretary of State Antony Blinken, there was at least one Republican.
“So we talk to the American Government and we’ve been able to get many people to understand where we are as a nation, having to deal with the Venezuelan situation, our own saturation.”
He also said, “As I speak now there are two vessels working with the Dragon field ... under a T&T initiative with an OFAC licence from a turbulent Washington with a 30-year contract from Venezuela. When I put all these things together, I feel satisfied that history has been made and the future for T&T—whether tomorrow or next month—in commerce, hydrocarbon, gas, today is much better than before September 2015.”