Prime Minister Gaston Browne of Antigua and Barbuda is set to engage in high-level discussions with Trinidad and Tobago’s Prime Minister Kamla Persad-Bissessar to address the protracted Clico-Bico insurance settlement issue. The talks aim to resolve financial disputes arising from the collapse of the Colonial Life Insurance Company (Clico) and its subsidiary, British American Insurance Company (Bico), ensuring compensation for affected policyholders. Maurice Merchant, Director-General of Communications, confirmed during a recent Cabinet press briefing that both leaders are committed to advancing negotiations. While no specific date has been finalized, Browne’s team is prepared to travel to Trinidad and Tobago as soon as schedules permit. Merchant emphasized the enduring diplomatic ties between the two nations, assuring that recent remarks by Persad-Bissessar on CARICOM’s stance regarding Venezuela would not hinder the Clico-Bico discussions. Prime Minister Browne expressed confidence in Persad-Bissessar’s commitment to negotiating in good faith, aiming for a fair and conclusive resolution to this long-standing financial matter.
PM Browne to Meet Trinidad’s Kamla Persad-Bissessar on Clico-Bico Issue
