Barbados still negotiating on LIAT

Prime Minister Mia Mottley (centre) flanked by Minister in the Ministry of Finance Ryan Straughn (left) and Minister of Health Lt. Col. Jeffrey Bostic during today’s press conference.

Prime Minister Mia Mottley has admitted that talks with Antigua and Barbuda regarding the sale of Barbados’ LIAT shares did not go as expected.

Negotiators from the two sides met two weeks ago at the Hilton Hotel when talks broke down.

Those negotiations never got off the ground and discussions came to a halt after only a few hours.

Antigua and Barbuda’s Prime Minister Gaston Browne later charged that Barbados was insisting that his Government purchase their 49.4 per cent majority shares in the cash-strapped regional airline carrier for $88 million.Read More…

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