{"id":31237,"date":"2023-11-23T23:27:50","date_gmt":"2023-11-24T04:27:50","guid":{"rendered":"https:\/\/projectcalls.com\/dev?p=31237"},"modified":"2023-11-23T18:16:41","modified_gmt":"2023-11-23T23:16:41","slug":"barbados-to-join-petrocaribe-in-new-form","status":"publish","type":"post","link":"https:\/\/projectcalls.com\/dev\/barbados-to-join-petrocaribe-in-new-form\/","title":{"rendered":"Barbados to join Petrocaribe in new form"},"content":{"rendered":"

Barbados<\/p>\n

Barbados is to sign the Petrocaribe II oil deal with Venezuela \u201cin the near future\u201d, Acting Minister of Foreign Affairs Jerome Walcott has confirmed.<\/p>\n

The move ends an 18-year-long diplomatic stalemate between Bridgetown and successive leftist regimes in Caracas over the regional oil procurement pact that offers member states oil supplies on a concessionary financial agreement.<\/p>\n

The deal appears to be a byproduct of Bridgetown\u2019s hosting of the resumption of talks that on Tuesday culminated in a series of guarantees for free and fair elections for a new president in Venezuela next year, potentially paving the way for a possible ease in sanctions imposed by the United States.<\/p>\n

The talks resulted in concessions between the Maduro administration and the Opposition Unitary Platform of Venezuela \u2013 a partial agreement on the promotion of political rights and electoral guarantees for all and a partial agreement for the protection of the vital interests of the nation.<\/p>\n

Walcott said Tuesday\u2019s signing also has significant implications for the Caribbean Community (CARICOM), which has benefited from the Petrocaribe oil deal since 2005.<\/p>\n

He said Barbados was hoping it would be able to sign on to an agreement that would not be the deal in its current form, but \u201csomething different\u201d.<\/p>\n

\u201cThe conclusion of these negotiations and what they portend, has major significance not only for the people of Venezuela but also for all Caribbean states where there is recognition of the Caribbean Sea as a zone of peace,\u201d said Walcott.<\/p>\n

\u201cNow that the process has been concluded and Venezuela moves towards regaining its economic independence, we are looking forward in the very near future to a Petrocaribe II arrangement.<\/p>\n

more<\/a><\/p>\n

\u00a0<\/p>\n

Image: pexels-pixabay<\/em><\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Barbados Barbados is to sign the Petrocaribe II oil deal with Venezuela \u201cin the near future\u201d, Acting Minister of Foreign Affairs Jerome Walcott has confirmed. The move ends an 18-year-long…<\/p>\n","protected":false},"author":1091,"featured_media":31238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[250],"tags":[129,244],"class_list":["post-31237","post","type-post","status-publish","format-standard","has-post-thumbnail","category-articles","tag-barbados","tag-electricity-energy"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2023\/11\/pexels-pixabay-162568-e1700781249752.jpg?fit=1024%2C791&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6u9Qa-87P","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":2693,"url":"https:\/\/projectcalls.com\/dev\/oecs-stakeholders-meet-in-barbados-to-discuss-public-procurement-reform\/","url_meta":{"origin":31237,"position":0},"title":"OECS stakeholders meet in Barbados to discuss public procurement reform","author":"Michele Marius","date":"August 1, 2017","format":false,"excerpt":"Reforming the public procurement process within the Organisation of Eastern Caribbean States (OECS) could allow governments to better manage the use of scarce public funds. Such reforms also have the potential to contribute to inclusive growth by encouraging the participation of small- and medium-sized local businesses. 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The Rwandan\u2026","rel":"","context":"In "Articles"","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2019\/12\/Injection-drugs-bottle-ampoules-syringe-medical-health-Marco-Verch-Professional-Photographer-and-Speaker-flickr.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2019\/12\/Injection-drugs-bottle-ampoules-syringe-medical-health-Marco-Verch-Professional-Photographer-and-Speaker-flickr.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2019\/12\/Injection-drugs-bottle-ampoules-syringe-medical-health-Marco-Verch-Professional-Photographer-and-Speaker-flickr.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2019\/12\/Injection-drugs-bottle-ampoules-syringe-medical-health-Marco-Verch-Professional-Photographer-and-Speaker-flickr.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5447,"url":"https:\/\/projectcalls.com\/dev\/cdb-and-idb-showcase-procurement-opportunities-for-barbados-private-sector\/","url_meta":{"origin":31237,"position":2},"title":"CDB and IDB showcase procurement opportunities for Barbados private sector","author":"Michele Marius","date":"May 4, 2018","format":false,"excerpt":"Projects financed by the Caribbean Development Bank (CDB), and the Inter-American Development Bank (IDB) present significant business opportunities for the Region\u2019s private sector. However, limited understanding of the procurement processes at CDB and the IDB pose challenges for the business community, and result in low or unsuccessful participation. 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