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Caribbean L 24 ife, Oct. 11-17, 2019 BQ
Antigua and Barbuda’s Prime Minister Gaston Alphonso Browne has called
for the legalization of small amounts of marijuana for personal use.
Associated Press / Jason DeCrow, fi le
Bi-reparations
meeting in Antigua
By Bert Wilkinson
Since Freundel Stuart, the prime
minister of Barbados and the then
head of the umbrella Caribbean Reparations
Commission (CRC) was swept
out of power in general elections last
year, the momentum of the regional
body to make European nations pay
for the transatlantic slave trade has
slipped a bit but a key meeting in Antigua
this week could well breathe new
life into the struggle.
The CRC, collaborating with the
Jamaica-based Center for Reparation
Research and Antigua’s own national
commission, has organized a landmark
one-day session in Antigua to shine, for
the first time in a very organized way,
the spotlight on the role European
banks and other financial institutions
played in the slave trade.
Banks and insurance companies like
Barclays, Swiss banks and Lloyds of
London were key beneficiaries of the
slave trade from Africa to the Caribbean.
In the case of Lloyds for example,
the company that was founded in a tea
shop in 1668 when the slave trade was
thriving, was primarily set up at the
time to provide cover for British slave
ships which were lost at sea. Today, it is
the best known name in global insurance
and folks in the CRC and Caribbean
governments, want to ensure that
it pays out hundreds of millions for its
role in a genocide against Africans and
their modern day descendants.
The one-day symposium will include
a number of economic historians and
other experts attending. The Guyanabased
Caricom Secretariat said in a
missive that Thursday’s meeting will
“explore the historical roots of western
banks in the financing and profiteering
from the enslavement of Africans
and their descendants in the Diaspora.
The symposium will also identify the
role of these banks in the support and
expansion of colonial and neo-colonial
rule in the Caribbean.”
But just as important as the session
will be, CRC members say that
the Antigua meeting will provide a
timely opportunity for a major refocusing
effort on the reparations issue.
Ex PM Stuart, was the lead head of
government on reparations but once
his Democratic Labor Party (DLP) was
swept out of power by 30 seats to zero
by the Barbados Labor Party of Prime
Minister Mia Mottley in July of last
year, the momentum slowed as Mottley
fought to bring back the country from
economic ruin.
After the symposium, representatives
from most of the national bodies
which make up the CRC, researchers
and government representatives will
meet for all of Friday in a major review
session on reparations.
Officials say that they foresee greater
involvement of PM Mottley after
this week and a renewed effort to put
Britain, France, the Dutch and other
nations under pressure to a least prepare
to sit at the negotiating table
and talk about reparations. But the
topic for Thursday is primarily on the
role banks and other financial agencies
played in the slave trade and how
to make them accountable for their
involvement.
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