The Antiguan government has reached a settlement with Sandals Resorts International over outstanding tax obligations, securing an agreement worth EC$6.5 million, according to Antigua Observer.

Director General of Communications in the Prime Minister's Office, Maurice Merchant, confirmed that the administration welcomed the resolution, describing it as an amicable outcome. Merchant made the announcement during Thursday's post-Cabinet press briefing on State Media.

As reported by Antigua Observer, the settlement brings to a close what had been an ongoing dispute between the government and the international resort company over unpaid tax liabilities.