Trade
Caribbean Worried About Impact of Fines on China-Made Vessels
Guyanese President Irfaan Ali said the proposed tax would adversely affect the regions oil and gas industries.
Photographer: Jose A. Alvarado Jr./BloombergThis article is for subscribers only.
Caribbean Community (CARICOM) leaders will tell Secretary of State Marco Rubio next week that the US’s proposed fines on Chinese-made cargo vessels would hurt the region’s oil and gas industry as well as push up transportation costs, Guyana’s President Irfaan Ali said Saturday.
Ali said regional leaders discussed the issue in a virtual meeting on Friday held to plan for next Wednesday’s meeting with Rubio in Jamaica.