Beautiful Virgin Islands

Saturday, Sep 07, 2024

BVI being punished for its success — Flax-Charles

BVI being punished for its success — Flax-Charles

Junior Minister for Trade & Economic Development, Shereen Flax-Charles, has said she believes the BVI is a victim of its own success and suggests that the territory needs to work hard at finding ways of overcoming this challenge.

Speaking in the House of Assembly recently, Flax-Charles said: “We have to find a way and be innovative in how we we deal with the successes that we’ve had over the years.”

Legislators were at the time debating the extension of the government’s reduction in Customs duties offered as a result of the rising cost of goods and services, largely due to the Russia-Ukraine conflict.

The junior minister pointed to what was seen as an unusual increase in the rates paid to international artistes who perform at the BVI’s annual Emancipation celebrations. She said the rates that those same artistes are paid for similar performances in other countries in the region are much lower. This, Flax-Charles indicated, is just one example of the ‘success curse’.

The issue of victimisation, Flax-Charles contended, is also reflected in the international aid that the territory receives as well.

“We speak about what happens in the other countries where they’re getting billions of dollars in aid. We again are being punished for being successful,” the Territorial At-Large Representative stated.

“We are a victim of our success,” she continued, “so, all of those grants and so forth that are being handed out throughout the entire Caribbean — and many of them in the millions of pounds from the very UK — we unfortunately are not eligible.”

The first-term legislator also expressed the belief that the public needs to be educated about what is taking place and how this victimisation is affecting the territory.

Flax-Charles also commented on the major increase in electricity bills currently seen in the territory and argued that even though the government has reduced levies on some imports, some of those savings are not being passed on to the consumers as a result of the other challenges that are being faced.

Easy to demonise businesses


In the meantime, Premier Dr Natalio Wheatley said it was easy to demonise businesses, but they too do not have it easy at this time.

With entrepreneurship embedded in the territory’s DNA, Premier Wheatley said the government, businesses, and consumers must all find a way to work together for the best life possible.

“We have lots of external factors which impact the cost of goods and services, but we have persons who are intelligent enough to come together and to take actions in our own best interest,” the Premier said.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Huawei Poised for Major AI Chip Unveil at Shenzhen Event
Nvidia’s AI chips are cheaper to rent in China than US
China ends tariffs on all goods exported to China from the poorest countries in the world it has diplomatic ties with, including 33 African nations
Blinken May Not Seek Another Term Due To Family Priorities
Labour Pushes for Special Tribunal Against Russia for Ukraine Invasion
Oil Companies to Contest Judicial Review of North Sea Projects
Ed Balls Urges Keir Starmer and Rachel Reeves to Address Winter Fuel Payments Controversy
British Army Major General Dismissed for Unwanted Advances
Campaigners Urge Bold Actions to Combat Rising Heart Disease in UK
UK Requires One Trillion Pounds Investment for Economic Growth
Plan to House Asylum Seekers at Former Dambusters Home Dropped
UK Drops Indecent Assault Charges Against Harvey Weinstein
Return of Brazilian Artworks to Bahia
UK Signs Landmark International AI Treaty
Demand for Justice After Death of Ugandan Runner Set on Fire
Ukraine's Major Government Reshuffle: Andrii Sybiha Appointed New Foreign Minister
North Korea Executes Officials Over Flood Response
French Woman Testifies in Landmark Rape Trial
Sicily Yacht Disaster: Fatal Asphyxiation Claimed More Lives
Michel Barnier Appointed as Prime Minister of France
The art technique of Grandma Mei Ling, age 82
Mongolia Refuses to Arrest Putin Despite ICC Warrant
UK State Pension to Increase by Over £400 Annually
Amazon Announces 10% Pay Increase for UK Workers
Grenfell Tower Fire Inquiry Demands Swift Justice
French Police Clear Migrant Camp Near Calais
New Law Proposes Jail Time for Covering Up Sewage Dumping in England and Wales
John Swinney's Government Programme Faces Criticism in Scotland
France Pilots Mobile Phone Ban in Schools
Priti Patel Eliminated in First Round of Tory Leadership Race
And Justice for ALL: Elon Musk threatens to go after Brazilian government assets
WHO-Led Study Finds No Link Between Mobile Phones and Brain Cancer
US Charges Hamas Leaders With Terrorism Over October 7 Attack on Israel
Russian Missile Strike Kills 49 in Poltava, Ukraine
Major Cabinet Resignations in Ukraine
Tory Leadership Candidates Criticize Rivals' Promises to Leave ECHR
Campaigners Propose Pay-Per-Mile Charge for UK Electric Cars
Labour Urged to Shift Asylum Policy Rhetoric
Hossein Shamkhani: The Rise of an Oil Tycoon
Putin Defies ICC Arrest Warrant with Mongolia Visit
Frenchman On Trial for Decade-long Abuse of Drugged Wife
The British bus driver explains to usual suspects that they cannot travel without a ticket. Education is important.
Irish Police Arrest Enoch Burke, the teacher who refuses to endorse and affirm transgender ideology
US Soldier Attacked in Turkey
Switzerland Urged to Reconsider Its 500-Year Neutrality
AfD's Historic Victory in Thuringia State Election, Germany
British Woman Sets Record for Fastest Lake Geneva Swim
Rising Influence of AfD Highlights Growing East-West Divide in Germany
Spanish Police Arrest Three for Ibiza Luxury Home Robberies
AfD Secures Historic Victory in East German State Elections
×