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Eastern Caribbean Central Bank and OECS Commission Strengthen their Strategic Alliance

Eastern Caribbean Central Bank and OECS Commission Strengthen their Strategic Alliance

OECS Media Release

The OECS Commission and Eastern Caribbean Central Bank (ECCB) have signed a Memorandum of Understanding (MOU) that strengthens their institutional arrangements for collaboration.  The virtual ceremony between the two Institutions took place on Tuesday 22nd November at the OECS Commission and was attended by the Director General of the OECS, Dr. Didacus Jules and ECCB Governor Mr. Timothy Antoine.

Dr. Jules said the signing of the MOU signified a new strategic positioning of the historic association between both Institutions to better collaborate on policy areas in the face of a number of regional opportunities and global development such as Brexit and the new incoming US Administration.

 “The work of both institutions across macroeconomic policy, financial sector development, consolidating the Economic Union to trade policy and private sector development, as some examples, necessitates  closer alignment if we are to share knowledge and expertise to ultimately deliver better outcomes to the people of the OECS” said Dr. Jules. 

Governor Antoine hailed the MOU as a new era of cooperation for both Institutions.  

"Such cooperation is essential as we collectively strive to secure higher levels of growth, competitiveness and employment in the OECS. 

“We have an opportunity to deliver some real benefits for the people of the OECS and seize it we must” said Governor Antoine.

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Ramon Peachey OECS Communications, Organisation of Eastern Caribbean States
Tahira Carter OECS Communications, Organisation of Eastern Caribbean States
Ramon Peachey OECS Communications, Organisation of Eastern Caribbean States
Tahira Carter OECS Communications, Organisation of Eastern Caribbean States
About The Organisation of Eastern Caribbean States

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The Organisation of Eastern Caribbean States (OECS) is an International Organisation dedicated to economic harmonisation and integration, protection of human and legal rights, and the encouragement of good governance among independent and non-independent countries in the Eastern Caribbean. The OECS came into being on June 18th 1981, when seven Eastern Caribbean countries signed a treaty agreeing to cooperate with each other while promoting unity and solidarity among its Members. The Treaty became known as the Treaty of Basseterre, so named in honour of the capital city of St. Kitts and Nevis where it was signed. The OECS today, currently has ten members, spread across the Eastern Caribbean comprising Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St. Kitts and Nevis, Saint Lucia, St Vincent and The Grenadines, British Virgin Islands, Anguilla and Martinique.

The Organisation of Eastern Caribbean States
Morne Fortune
Castries
Saint Lucia