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Prime Minister Keith Rowley held a Press Conference at 2:30pm this afternoon (Thursday 21st April 2022) at the VIP Lounge at the Piarco International Airport, shortly after his return from Barbados where he participated in and delivered remarks at the opening of the Roundtable Discussion on De-Risking and Correspondent Banking. Below are the key points discussed today, courtesy of TTT Live Online: - The Prime Minister stated that U.S. Officials at the Roundtable Discussion have given a commitment to allow some hearings so CARICOM Leaders can share their concerns and the difficulties faced by the regional banking sector, which, through no fault of their own, has been “penalized, or on the verge of being penalized for banking operations that are not acceptable.” He noted that T&T has falsely been accused of being an offshore banking centre when we are engaged in normal retail banking and international commercial banking. - The Prime Minister said financial services are integral to economic development and national budgets of several countries within CARICOM, and it is important for foreign banks to stay in the region. Noting that one of the most profitable aspects of the economy is the banking business, P.M Rowley said it is critically important that regional banks are allowed to function “without fetter” and are allowed to grow so the region can benefit from the banking system. - P.M Rowley confirmed that he will be in Washington D.C. from this Sunday (24th April 2022) for one (1) week for bilateral discussions. - The Prime Minister confirmed that further public health adjustments will be made soon in relation to the cruise ship and travel industries. - P.M Rowley reminded citizens that COVID-19 is still with us, and mask wearing remains mandatory in public. He stated, “We continue to wear the mask because it reduces, if not eliminates, our individual exposure, either from getting it ourselves or spreading it to others.” - On the recent spate of murders, the Prime Minister said Government, the Trinidad and Tobago Police Service (TTPS), and other agencies are actively engaged in dealing with crime, especially gun crimes. - P.M Rowley also expressed concern over the high number of school fights since school re-opened this week. However, he said the re-introduction of corporal punishment is not on the agenda to deal with school violence. He added, “The violence I am seeing is unacceptable. The Minister of Education is actively engaged in reviewing the process by which we restrain students who exhibit violent behaviour in the school space.” If you missed the Press Conference, you can watch it below in its entirety. We are a small operation. If you've found our articles to be informative, please consider supporting us via PayPal or buying us a coffee. Your contribution is incredibly appreciated and goes a long way. Simply sharing our articles also helps us. Sign up for our free WhatsApp Alerts to be notified as soon as we post breaking news. NEW! Check out our Merchandise Store for high-quality t-shirts, hats and more!
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