ST. GEORGE’S, Grenada, Sept 21, CMC – Embattled Grenadian Prime Minister Tillman Thomas will co-host a leadership summit of Caribbean political and business leaders to be held in the British Virgin Islands in May next year, according to a government statement issued here on Friday.

It said that Prime Minister Thomas, who is battling to ensure the survival of his government following the latest round of resignation on Thursday, will be joining the Premier of the British Virgin Island (BVI) Dr. Orlando Smith in co-hosting the event.

“The nation’s involvement in the Summit is expected to result in the cashing in on significant financial resources to be used to conserve the coastal and marine environment and to boost sustainable sectors such as fisheries and tourism,” the statement said.

It noted the summit organiser, Sheldon Cohen, visited Grenada on Wednesday, to make preliminary arrangements.

The summit is scheduled for May next year and will bring together leaders from 10 Caribbean islands with global private sector leaders.

“At this stage the leaders have to agree on a final date for the summit by way of invitations which will be sent to them. It is expected that a Government Leaders Declaration will be signed at the end of the summit,” the statement added.