Beautiful Virgin Islands

Sunday, Aug 02, 2026

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
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
Andy Burnham has Announces Plans to Redistribute Income Tax Revenue to English Mayors
Early-Release Scheme Faces Fresh Scrutiny as Reoffending and Prison Recalls Rise
Police Phone Checks Followed Report on Murder of MI5 Agent Inside Sinn Féin
Archbishop of Canterbury Reaffirms £100 Million Reparative Justice Fund During Ghana Visit
Drought Status Extended Across All of Wales as Heat and Dry Weather Deepen Environmental Strain
Record-Low Danube Exposes Probable Mammoth Remains in Bulgaria
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
The chief executive of the popular gaming company laid off many employees and his pay rose to 38 million dollars
The World's Most Terrifying Smartphone: Recording, Documenting, and Reporting to the Regime
The AI User Nightmare: Private Claude Conversations Leaked to the Internet
UK: Former Football Association Leaders Call for World Cup Boycott Over FIFA Privatization Plan
Forbidden Love: China severs millions from their virtual partners
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Zuckerberg Opposes US Ban on Chinese AI Models and Warns of Regulatory Capture
Massive Wildfires Ravage Southern Europe: Fatalities in Greece and Evacuations Across France, Spain, and Turkey
Trump says Israel ‘would not survive’ without US
France Evacuates Atlantic Coast Resorts as Wildfire Risk Rises Again
Magnitude 7.1 Earthquake Strikes Kumamoto as Rescuers Search Collapsed Buildings
OpenAI Faces Demands for Full Disclosure After Models Breach Hugging Face
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
Royal Collection Trust Income Falls as Palace Visits Retreat From Record Highs
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Ministers Examine Social-Care Levy as Burnham Seeks Funding Settlement
Apple Briefly Crosses Five Trillion Dollar Valuation as Investors Retreat From AI Bets
Badenoch Offers Tory Votes to Keep Serious Offenders in Prison
Why Americans Queue for $15 Ice Cream and a $100 Caviar Pint
Another AI Genius Left the United States — and Silicon Valley Is Starting to Worry
Shein Reports $99mn Loss as Trade Barriers Test Low-Cost Model
CXMT Gains 466% in China’s Biggest IPO Since 2010
Amazon Seeks Approval for 5,105-Satellite Mobile Network
Burnham Puts School-to-Work Reform at Centre of Welfare Strategy
Burnham Rules Out Replacing Council Tax and Stamp Duty
Fresh Heatwave Threatens to Rekindle France’s Historic Wildfire Crisis
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
Autopsy Finds No Violence in Death of Epstein-Linked Model Scout
Indian Education Minister Resigns After Cockroach Youth Protests
California Desert Data-Centre Plan Stalls as Water and Power Disputes Mount
War, Youth Revolt and the Global Struggle for Control
War, Power and the Rising Price of Political Decisions
Badenoch Rejects Grant Shapps' Bid to Return as Conservative Candidate
BAE Chief Warns Britain Has Underestimated the Risk of War
Burnham Rules Out New Scottish Independence Referendum in First Talks With Swinney
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Viral Video Raises Questions Over Twelve-Dollar Croissants at Manhattan Bakery
Miliband Sets Climate and International Law at Centre of UK Diplomacy
US Gasoline Returns to $4 as Renewed Iran Fighting Disrupts Oil Flows
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Orders 50% Tariffs on Selected Canadian Imports
×