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PM reiterates Caricom’s commitment to harmonised regulatory framework

This story was posted 4 years ago
17 March 2022
in Business, PRESS RELEASE, Technology
2 min. read
Dr Keith Mitchell
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Grenada’s Prime Minister Dr the Right Honourable Keith Mitchell has reiterated Caricom’s commitment to achieving full elimination of roaming charges and establishing a harmonised regional regulatory framework.

Addressing a meeting of regulators and key stakeholders, organised by the Caribbean Telecommunications Union (CTU) on Thursday, the Prime Minister said, “This morning, I say to you without reservation that Caricom Heads of Government are committed to moving this agenda forward. However, we also recognise our own obligation to address some of the concerns raised by the operators in relation to the complexity of the regional regulatory environment and how this impacts operational costs and the ease of doing business.”

Dr Mitchell acknowledged that there are other players in the market which do not operate at the size and scale of the dominant providers, but which must be taken into consideration to ensure that the national and regional markets remain vibrant and competitive.

The Prime Minister added, “The issue of a harmonised regional regulatory framework is one that deserves our urgent consideration. We must turn our attention to this. Rest assured that I, in my capacity as Lead Head for Science and Technology, including ICT, along with my colleague Heads of Government, are fully supportive and will provide the leadership required to take us forward.”

He further stated, “We have always, within Caricom, respected the sovereignty and diversity of each Member State within the regional group. This does not, and should not, prevent us from agreeing on practical, rational and reasonable approaches in regulation of our key sectors, to make our markets more conducive to growth and investment, and the promotion of innovation across all sectors. We have found and will continue to find ways of doing this, in the best interest of our Caribbean people.”

Dr Mitchell acknowledged the assistance of key partners and stakeholders such as the International Telecommunications Union which has undertaken a study of the regulatory environment.

GIS

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Tags: caribbean telecommunications unioncaricominternational telecommunications unionkeith mitchell

Comments 1

  1. Storm says:
    4 years ago

    I for one can’t understand why these small islands have to get involved in these heavy hitters business as they don’t care about the lower order.
    We should be focusing on what’s going on in our little island and try and improve things for the new generation as it stands we are not setting a good example therefore we know what the end result will be .

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