North & Central America and Caribbean

Saint Lucia
Last reviewed: 9 February 2009

Country information

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TRADE AND INVESTMENT

Trade and Investment with the UK

Total UK exports to St Lucia for 2007 were £14.7 million and imports from St Lucia were £13.5 million. The accounting firm PricewaterhouseCoopers is well established. The main telecommunications services provider is Cable and Wireless (West Indies) Ltd (recently renamed LIME (Landline, Internet, Mobile, Entertainment), though with liberalisation of the telecommunications sector others have entered the market. Halcrow have been heavily involved in road constructions and flood mitigation works for many years, while the Vieux Fort to Soufriere road project, completed in 2005, was undertaken by Lagan Holdings of Belfast. There is British involvement in the tourism sector through Rex Hotels, Discovery at Marigot Bay residential and marina development and the Mount Pimard Resort development

UK Development Assistance

The Department for International Development works closely with large organisations such as the Caribbean Development Bank and the European Commission.

St Lucia benefits from a number of DFID sub-regional and regional initiatives. These include technical assistance to the Caribbean Development Bank; technical assistance to the CARICOM Regional Negotiating Machinery; support to CARICOM with implementation of the regional strategic framework on HIV/AIDS; support to the Caribbean Regional Technical Assistance Centre (CARTAC) and to the Caribbean Centre for Development Administration (CARICAD). DFID has also provided technical assistance to the education sector in the OECS, and is supporting OECS work on HIV/AIDS.

St Lucia benefited by £2.8m from the Commonwealth Debt Initiative in recognition of efforts being made to reduce poverty.

Department for International Development (DFID)