Showing posts with label SAINT LUCIA ECONOMY. Show all posts
Showing posts with label SAINT LUCIA ECONOMY. Show all posts

Saturday, February 9, 2013

U.S.-SAINT LUCIA RELATIONS

Map:  Saint Lucia.  Credit:  CIA World Factbook.
FROM: U.S. STATE DELPARTMENT

The United States and Saint Lucia have a cooperative relationship. The United States supports the Saint Lucian Government's efforts to expand its economic base and improve the lives of its citizens. Saint Lucia has cooperated with the United States on security concerns. Saint Lucia and the United States share an interest in combating international crime and narcotics trafficking. Because of Saint Lucia's geographical location, it is an appealing transit point for narcotraffickers. In response to this threat, Saint Lucia has concluded various bilateral treaties with the United States, including a maritime law enforcement agreement (subsequently amended to include overflight and order-to-land provisions), a mutual legal assistance treaty, and an extradition treaty.

The United States maintains no diplomatic presence in Saint Lucia. The Ambassador and Embassy officers are resident in Barbados but travel regularly to Saint Lucia.

U.S. Assistance to Saint Lucia

St. Lucia is an active participant in the Caribbean Basin Security Initiative, a partnership between the United States and the countries of the Caribbean dedicated to increasing citizen security throughout the region. The Peace Corps, whose Eastern Caribbean regional headquarters is located in Saint Lucia, has 22 volunteers in Saint Lucia, working primarily in business development, education, and health. In addition, Saint Lucia benefits from U.S. military exercises and humanitarian civic action construction projects.

Bilateral Economic Relations

Saint Lucia's economy depends primarily on revenue from tourism. More visitors to Saint Lucia are from the United States than any other country. Saint Lucia is a beneficiary of the Caribbean Basin Initiative, which aims to facilitate the economic development and export diversification of the Caribbean Basin economies by providing beneficiary countries with duty-free access to the U.S. market for most goods. The single most significant foreign investment in Saint Lucia is U.S.-based Hess Oil's large petroleum storage and transshipment terminal. Saint Lucia does not have a bilateral investment treaty with the United States.

Saint Lucia's Membership in International Organizations

Saint Lucia's foreign relations emphasize mutual economic cooperation and trade and investment. The country seeks to conduct its foreign policy chiefly through its membership in the Organization of Eastern Caribbean States. Saint Lucia and the United States belong to a number of the same international organizations, including the United Nations, Organization of American States, International Monetary Fund, World Bank, and World Trade Organization


Saint Lucia Locator Map.  Credit:  CIA World Factbook


ADDITIONAL INFORMATION FROM CIA WORLD FACTBOOK

The island, with its fine natural harbor at Castries, was contested between England and France throughout the 17th and early 18th centuries (changing possession 14 times); it was finally ceded to the UK in 1814. Even after the abolition of slavery on its plantations in 1834, Saint Lucia remained an agricultural island, dedicated to producing tropical commodity crops. Self-government was granted in 1967 and independence in 1979.

Population: 162,178 (July 2012 est.)

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