7 News Belize

CARICOM Comes To Belize
posted (February 15, 2016)
CARICOM Heads of Government are meeting in Placencia tonight for the Twenty-Seventh Inter-sessional Meeting of the Conference of Heads of Government. The meeting is being held in Belize as Prime Minister Dean Barrow takes over the Chairmanship of CARICOM from The Prime Minister of Barbados, Freundel Stuart. The opening ceremony was scheduled to start at 6:00 at the Placencia Hotel but up to news time, it hadn't started yet.

The Heads of Government meeting reportedly has the attendance of all 15 CARICOM heads of government, and a total of 125 delegates.

The event got off to a running start this morning when Finance Ministers met to discuss the de-risking by US Banks that is affecting the entire region's commercial banking sector. Gaston Browne who is Antigua and Barbuda's Prime Minister and Minister of Finance chaired the meeting, which included the Committee of Central Bank Governors, the Caribbean Association of Banks and the Caribbean Financial Action Task Force. The recommendations from this morning's meeting will go before the Heads during their deliberations on Tuesday and Wednesday.

Our team is in Placencia and we'll have more from there before the end of the news.

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