St. Maarten: Parliament approval needed before Dutch sign agreement on liquidity
PHILIPSBURG, THE HAGUE - Before an agreement can be signed between the governments in The Hague and Philipsburg about the third tranche of liquidity support and the Caribbean Entity for Reform and Development COHO, the Dutch Cabinet requires explicit approval of the deal by St. Maarten’s Parliament.
This is the stance of Dutch State Secretary of Home Affairs and Kingdom Relations Raymond Knops in a series of letters exchanged with Prime Minister Silveria Jacobs over the weekend.
According to the letters, the two countries hope to reach an agreement in the Kingdom Council of Ministers meeting on Friday, December 18.