Antigua Breaking News

Top Trusted News Source in Antigua

Search
Previous slide
Next slide

Caribbean cannot ignore escalating tensions over Ukraine

Share this article:

Facebook
Twitter
Pinterest
LinkedIn

By Sir Ronald Sanders

(The writer is Antigua and Barbuda’s Ambassador to the United States and the OAS.  He is a Senior Fellow at the Institute of Commonwealth Studies, University of London and Massey College in the University of Toronto.  The views expressed are his own)

Global tension is rising concerning Ukraine, the second largest country in  Europe after Russia which it borders.   Ukraine was a part of the defunct Soviet union, declaring its independence in 1991 when the Union dissolved.

Should regions, as geographically distant from Ukraine as the Caribbean, care about the hostility that is escalating over it between Russia and the countries of the North Atlantic Treaty Organisation (NATO) which includes the United States (US) and Canada?

The short answer must be yes.  Every region in the world would be impacted by a conflict over Ukraine.  The Caribbean would be affected by higher prices for oil and gas that would result from Russia cutting off oil supplies to Europe and the consequent competitive bidding in the markets from which Caribbean countries now purchase these commodities.  This would have been bad news for Caribbean economies at any time but, coming in a period when these countries are still struggling to recover from the adverse effects of the COVID-19 pandemic, higher oil and gas prices would plunge many economies into further decline.

There would also be a knock-on effect on the cost of imported goods and services, including food and the provision of vital utilities such as electricity and water.

Be part of the conversation.

Let us know what you think by adding a comment below. Click here to start now!

Beyond the economic and financial impact on the region if oil and gas prices rise, small Caribbean countries which came to independence by exercising the right to self-determination and which treasure their sovereignty and territorial integrity, would have to be very concerned should Russia invade Ukraine to bring it back under Russian control.

Any diminution in the sanctity of these norms of international law would pose a threat to Caribbean Community (CARICOM) states, such as Belize and Guyana, which are faced with territorial claims.

The root of the problem in the Ukraine rests in two things: the belief by the Russian government and especially President Vladimir Putin that Ukraine is, historically, part of Russia; and President Putin’s further conviction that NATO countries wish to use Ukrainian territory as a staging post against Russia.   Putin had repeatedly said that “we (Russia) are categorically against any further NATO expansion eastwards because it poses a threat to us”.   He adds, “It’s not us who’s advancing to NATO, it is NATO coming to us and its illogical to talk about Russia’s aggressive behaviour”.

In 1991, when Ukraine became independent from the dissolved Soviet Union, it declared itself ‘neutral’.  No doubt, it did so, because even then it was wary of Russian ambitions to control its neighbouring states.  Ukrainian concern turned out to be justified when, in 2014, Russia encouraged forces in Crimea to declare it an independent Republic effectively annexing it to Russia.

The Crimea is physically a peninsula of Ukraine where Russia has, traditionally, stationed its Black Sea Fleet at the Port of Sevastopol.   Russia’s annexation of the area appears to have been a response to the Ukrainian government’s attempt to join the European Union (EU) – a move that was seen as a further step to link Ukraine to European countries that are also part of NATO.

In recent years, Russian unease over Ukraine increased over the Ukrainian government’s expressed desire to join NATO, and the latter’s pledge in 2008 to allow it to do so, although no date was set and still does not exist.

Russia has now amassed over 100,000 troops near Ukraine and sent a detachment of warships into the Black Sea.  All this has been interpreted by the Ukrainian government, NATO and the Western media as intent by Russia to invade.

Putin appears to have two objectives: the first is to stop Ukraine from joining NATO and the second is to limit the expansion of NATO to include any countries other than its present membership.  For their part, leading NATO nations, including the US have made it clear that they will not negotiate NATO’s membership with Russia.

Thus, the standoff continues, and tensions heighten amid recent efforts from NATO leaders to engage Russia in a dialogue.  An encounter between the Russian and British Foreign Ministers was summed-up by the Russian as “a mute talking to a deaf perso”.  And a visit to Moscow by French President Emmanuel Macron for talks with Putin showed no sign of a solution.   Russian-US talks also proved unproductive.

The danger of the Caribbean region being thrust into this row became evident when Sergei Ryabakov, who led the Russian delegation in a meeting with US officials on January 12, said he would not confirm or exclude Russia sending “military assets” to Venezuela and Cuba.  US National Security Adviser, Jake Sullivan, described the Russian statement as “bluster”.

Bluster or not, the Caribbean cannot ignore events surrounding Ukraine – a country with which all CARICOM countries have diplomatic relations as they do with Russia and the NATO member states.

Considering contingency arrangements for oil and gas supplies – and their prices – is one thing that Caribbean governments should be collectively considering.  They should also be jointly indicating their concern to Russia, that however tempted it may be to do so, military intervention in Ukraine should not be contemplated and would not have the support of governments that uphold and respect international law.

In every international forum, Russia and the NATO nations should hear Caribbean governments, in a unified voice, calling for diplomatic engagement and not conflict to reach a solution to this problem that would leave Ukraine’s territorial integrity intact.

Share this article:

Facebook
Twitter
Pinterest
LinkedIn

Join the Conversation!

2 responses to “Caribbean cannot ignore escalating tensions over Ukraine”

  1. Mr. Singh,
    With all due respect; if we can’t even get justice from those major bullying powers over what they owe us, how will we be able to stop them from fighting? Historically, most wars have been fought over Women, land and ideological egos. I think it was “Confucius” who said, that ” the end is contained in the beginning and the beginning the end. Like World War 2 the unresolved grievances from the first global conflict that spawned the latter; so will the besieged feeling of the Russians precipitate the next, i.e. WW3. In their “Manifest Destiny” philosophy with which they conquered the New World, they are now pushing east to make themselves the undisputed masters of the globe. To that end, the have encircled Russia and China with the most belligerent of intent; while hypocritically spewing their propaganda of “Freedom, Democracy and the rule of law” for which they have neither respect nor obeisance. The nature of the West is expansion, bubble, bust and war.
    Anyone therefore who challenges that vicious cycle and ethos must be destroyed. The Caribbean were ignorant in the first and second European tribal conflict; but despite the economic fallout that is inevitable, we would be wise to stay out of it. Less we forget how we have been treated in the aftermath of those debacle of a 104 and 77 years respectively.

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]