St. Vincent and the Grenadines Prime Minister Dr. Ralph Gonsalves has condemned the “bullying” tactics adopted by the European Union with regards to the controversial Citizenship by Investment Programme (CBI) used by several Caribbean to spur on their economic development.
Gonsalves has in the past distanced his island from the CBI, through which foreign investors are given citizenship of a particular Caribbean country in return for making a significant contribution to the socio-economic development of the island.
Antigua and Barbuda, Dominica, Grenada, St. Kitts-Nevis and St. Lucia are among Caribbean countries with CBIs and Gonsalves, speaking in Parliament said the European Union’s approach to the region’s initiative is tantamount to “bullying. Read More…https://antiguanewsroom.com/news/gonsalves-tells-eu-to-stop-bullying-cip-countries/