St Kitts & Nevis has an agricultural economy, the mainstay of which
is the sugar industry. As the world sugar price has been very low in
the past few years and several sugar crops have been badly damaged by
hurricanes and other adverse climatic conditions, St Kitts & Nevis
has come to rely on regular injections of foreign aid to prevent
economic collapse. The Government has responded by trying to broaden
both the agricultural and the industrial economy of the country.
Bananas, yams and sweet potatoes are now important crops and the
cultivation of rice and coffee is under development. Fishing is also
growing in commercial importance. Manufacturing is dominated by sugar
products; textiles and drinks are also produced. A thriving electronics
and data-processing sector is the principal success story from the
Government's diversification policy. Tourism is also seen as a
promising growth area and is developing rapidly, especially on Nevis,
though political uncertainties have hampered infrastructure
development. In 1993, the World Bank withdrew the islands'
concessionary status, in line with improved economic conditions.
Economic growth has subsequently experienced something of a dip (partly
owing to the damage inflicted by hurricanes). By 1996, however, the
tourism and agricultural sectors, and especially the construction
industry, had all staged significant recoveries. The UK and the USA are
the islands' main trading partners, as well as other Caribbean states.
The head of state of the Federation of St Christopher and Nevis (the
islands' formal title) is the British monarch, represented locally by a
Governor General. Legislative power is vested in the Governor and the
National Assembly, which has 11 members elected directly by universal
suffrage for a five-year term, and three appointed members. Nevis
Island also has a separate legislature which, subject to certain
conditions written into the constitution, may secede from the
Government of the Federation.
Support Growing In Nevis For Independence From St Kitts
17/07/2003The tiny Caribbean jurisdiction of St Kitts and Nevis, comprised of two islands and largely governed from the larger St Kitts, may well become two separate nations as a result of growing cal
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Charlestown, the capital of Nevis
One of the calm, modest and charming cities of the Caribbean, Charlestown, has many historical sites that remind the bygone days.
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Restaurants in St.Kitts & Nevis
St Kitts & Nevis offers a number of restaurants to choose from From formal plantation house dining to roadside barbeques and casual beach hide aways the eating options are plenty
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Getting around St.Kitts and Nevis
Regular direct flights are available from London, Frankfurt and Zurich.
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Shopping at St.Kitts and Nevis
A number of small shops and malls in the city of Basseterre offer a wide assortment of Kittitian delights as well as merchandise from throughout the world.
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St.Kitts Music Festival
The music festival right from the year of inception has gained momentum and in the present days, it has become a not to be missed Caribbean event.
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Investment in St.Kitts and Nevis
The financial sector is a growing industry in St.Kitts and Nevis.Know more about the Investment Possibilities in here...
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St.Kitts Scenic Railway
Only one of a kind railway, the scenic train of St.Christopher offers one of the most interesting train rides in the world.
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List of Offshore Banks in St. Kitts & Nevis
The following comprehensive list of banks in St. Kitts & Nevis would make your banking quite easier in the offshore.
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Economic Citizenship Program of St Kitts & Nevis
A substantial investment of at least US$250,000 in an approved investment project or in treasury bonds of at least US$200,000 is required to be made for restriction free visa from St. Kitts...
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