Belize Look to Venezuela for Cheaper Oil
The Caribbean region is looking to the oil-rich country of Venezuela as it moves to reduce the burden of high prices of fuel. At the closing ceremony of CARICOM’s 43rd Regular Meeting of the Conference of the Heads of governments held weeks ago, Prime Minister of Saint Vincent and the Grenadines, Dr. Ralph Gonsalves announced that Venezuela will begin supplying several CARICOM countries with oil. We asked Belize’s Foreign Minister Eamon Courtenay for an update.
Eamon Courtenay, Minister of Foreign Affairs: “As you know Prime Minister Gonsalves of Saint Vincent and the Grenadines made an announcement a few months ago about the resumption of the program in the eastern Caribbean. We would like the program to be resumed and as always we just remain in contact with Venezuela to see how it’s possible, if it’s possible. It’s very difficult because of the sanctions but we have to engage in creative ways to try to make it work.”