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Eustace, a 72-year-old economist who took over the leadership of the NDP in 2001 from former Prime Minister Sir James Mitchell, told his colleagues at the party’s Central Committee meeting that it was time to pass on the baton to someone else, after more than 16 years at the helm. And he signaled he was fully prepared to support his successor.
He, however, plans to continue as the MP for East Kingston, the constituency he has represented for 18 years.
Party members praised and thanked Eustace for his outstanding contribution to the party and to the country and pledged to host a special event to honour his long and dedicated service.
Eustace, who served as Prime Minister in October 2000 for just about five months before his NDP was defeated in the 2001 general election by the Ralph Gonsalves-led United Labour Party, has enjoyed a mixed political career.