AGP Executive Report
Last update: 3 hours agoProperty Tax Deadline: Grenada’s Inland Revenue Division is urging property owners in Grenada, Carriacou and Petite Martinique to pay by June 30, 2026 to get a 5% discount on 2026 property tax, while noting taxpayers have until Aug. 31 to avoid late penalties and can file a Notice of Objection if Hurricane Beryl damage affects assessed value. Fuel & Cooking Gas Prices: Grenada’s Ministry of Finance published new controlled retail prices effective June 18: gasoline and diesel stay at $17, kerosene falls to $14.99, and LPG drops for larger cylinders and bulk (with 20-lb cylinders unchanged). Chlordecone Compensation Move: In the French West Indies, a new law now formally recognizes the State’s responsibility for chlordecone-related health and environmental harm in Guadeloupe and Martinique, opening the door to compensation discussions and setting a one-year reporting timeline to extend existing schemes, funded in part by an added levy on tobacco products. Infrastructure for Connectivity: Carriacou and Petite Martinique’s minister reports major aviation, maritime and road works are progressing fast after Hurricane Beryl, including Lauriston Airport expansion and night landing lighting (renamed Herbert Blaize Airport in late Aug. 2026) and Windward Jetty redevelopment (late July to early Aug. 2026). EU Trade Policy: EU economy ministers agreed to tighten when the bloc can suspend its carbon border fee on imports, aiming to reduce uncertainty for low-carbon investment. Sargassum Management Link: An OECS-EU study visit in Martinique and Guadeloupe highlighted practical sargassum interception, collection and valorisation approaches that could help the Virgin Islands protect coasts, public health and tourism resilience. Rum Packaging Update: Campari’s Trois Rivières brand unveiled redesigned packaging for its aged rum range, with new bottle styling and updated availability in France.
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