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Theresa May meeting EU leaders in bid to rescue deal

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Theresa May is continuing to hold talks with European leaders and EU officials aimed at rescuing her Brexit deal.

No 10 said Mrs May’s meeting with Angela Merkel had been positive and the PM was determined to get MPs to back her deal.

Many of her MPs are demanding legally-binding guarantees over the backstop plan for the Irish border.

The German leader said the deal could not be re-negotiated but she was still optimistic a solution could be found.

But Labour leader Jeremy Corbyn labelled Mrs May the “runaway prime minister” and said the trip was a “waste of time and public money”.

The prime minister, now in Brussels, is seeking “further assurances” that the UK will not be trapped in the Northern Ireland backstop plan indefinitely.

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Critics object to the backstop – a temporary customs arrangement designed to prevent the need for checkpoints at the Irish border if a long-term solution that avoids them cannot be agreed – because it imposes different regulations in Northern Ireland from the rest of the UK.

They also object to the fact that under the terms of the withdrawal agreement, the UK can not exit the backstop without the EU agreeing.

Irish Prime Minister Leo Varadkar, who will welcome Mrs May to Dublin on Wednesday, said he hoped to reassure the UK without changing the fundamental substance of the withdrawal deal, including the backstop.

“Our approach is that we have a deal on the table,” he told the Irish Parliament. “Our objective is to get the deal ratified by the House of Commons.”

What is Theresa May asking for?

Commons leader Andrea Leadsom said Mrs May was seeking to give the UK Parliament a vote on whether to enter the backstop – and an annual vote on whether the country should remain in it.

She told BBC Radio 4’s Today programme this could be done in an “addendum” to the withdrawal agreement, without changing the main text of it.

What next for the vote on deal?

MPs have to give the go-ahead for Mrs May’s deal if it is to come into effect when the UK leaves the EU on 29 March.

Downing Street has said a Commons vote will be held on the deal before 21 January and Brexit minister Robin Walker told MPs he hoped it “would be sooner than that”.

Mrs Leadsom earlier suggested talks with the EU could go right down to the wire, saying: “The EU is always in a position where it negotiates at the last possible moment.”

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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]