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St. Kitts and Nevis PM, Hon. Dr Terrance Drew Makes an Official Visit to Dubai

St. Kitts and Nevis is Open for Business

Basseterre, St. Kitts and Nevis – Prime Minister of St. Kitts and Nevis, the Honourable Dr. Terrance Drew, will conduct his first official visit to Dubai in the United Arab Emirates from Tuesday 29th November 2022 to Saturday 3rd December 2022.

The Prime Minister will be accompanied by the Minister of Tourism, Hon. Marsha Henderson. In addition, the Attorney-General, Hon. Garth Wilkin and the Cabinet Secretary. Plus, Dr. Marcus Natta, Mr. Sylvester Anthony and Ms. Veira Galloway.

Prime Minister of St. Kitts and Nevis, Hon. Dr. Terrance Drew's official visit to Dubai
Prime Minister of St. Kitts and Nevis, Hon. Dr. Terrance Drew and his delegation on an official visit to Dubai

Open for Business

The visit provides an opportunity for St Kitts and Nevis to show the world that it is open for business and is ready to attract investors who seek mutually beneficial partnerships with the nation.

The Prime Minister will identify new areas of collaboration in advancing economic recovery and stability and reaffirming the solid foundation between the two countries.

The High Commission of St Kitts and Nevis will host an exclusive cocktail event on Thursday, 1st December for investors, citizens, and business partners to meet the Prime Minister and his
delegation.

Dubai, A Financial Hub

Dubai has successfully positioned itself as a world-class financial hub. The multicultural city has two-thirds of the world’s population within reach on flights of eight hours or less. As a result, allowing it to serve as a nexus for the East and West. Along with being in the heart of the Africa-Middle East-Asia triangle.

Dubai’s rapid growth, strategic location and favourable business culture have led it to gain the
reputation of being the world’s most sought-after business hub. The prime minister will be taking
notes from the trip for the development of his twin-island federation.

The Prime Minister’s visit comes at a time when the economies of many countries are affected by the lingering impact of the COVID-19 pandemic and by the consequences of the Ukraine-Russia conflict.

The visit is also aimed at deepening relationships with important stakeholders including international investors and government approved agents, who play a vital role in promoting and supporting the country’s recently upgraded citizenship by investment programme.

Since assuming the office in August 2022, Prime Minister Hon. Dr. Terrance Drew has been working
tirelessly to find and implement solutions that will prosper St Kitts and Nevis and one of those
actions included upgrading the country’s citizenship by investment programme – the government is
taking measures to sustain and enhance the image of the twin-island federation’s citizenship by
investment programme, so it is more transparent and follows the principles of integrity and good
governance.

Citizenship by Investment Programme

St Kitts and Nevis holds the oldest citizenship by investment programme in the world, which has been vital is assisting the country to fund important economic and social projects but has come under scrutiny over the last few years.

The country is looking to rebuild its reputation on the international stage. The citizenship by investment programme is one way to direct foreign direct investment to innovative projects across
the spheres of education, health, and agriculture and tourism.

 

South Florida Caribbean News

The SFLCN.com Team provides news and information for the Caribbean-American community in South Florida and beyond.

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