Barbados still negotiating on LIAT

By Antigua News Desk,

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.

While Mottley revealed that a LIAT board meeting was scheduled to be held tomorrow, she said negotiations did not go according to plan.

“I think there is a LIAT board meeting tomorrow and the Director of Finance and the PS [permanent secretary] in International Transport have gone off to that. The matter is still subject to negotiations and discussions and I have said and I’m not going to make a habit of negotiating across the oceans…” Mottley said during a post-Cabinet press conference at Government headquarters this afternoon.

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.

While Mottley revealed that a LIAT board meeting was scheduled to be held tomorrow, she said negotiations did not go according to plan.

“I think there is a LIAT board meeting tomorrow and the Director of Finance and the PS [permanent secretary] in International Transport have gone off to that. The matter is still subject to negotiations and discussions and I have said and I’m not going to make a habit of negotiating across the oceans…” Mottley said during a post-Cabinet press conference at Government headquarters this afternoon.