Beautiful Virgin Islands

Friday, Sep 11, 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
Merz Rebukes AfD Expansion in Saxony-Anhalt
OpenAI Unveils GPT-6 and Says: "We May Already Have Reached AGI"
Congressman Accused Andrew of Sex Crimes in the United States
Donald Trump: "I'm Glad Harry and Meghan Left the United States"
Spicy Food Is Linked to Lower Death Risk — but It Is Not a Miracle Cure
AfD Enters Saxony-Anhalt Election at 41% in Historic Test for German Politics
Gen Z Turns to Investing as America's First-Home Dream Moves Further Out of Reach
TSA Unveils Major Airport-Security Overhaul as It Drops Gold+ Privatization Plan
CIA Chief Warned Russia Against Attacking NATO in Secret Moscow Mission
Raheem Sterling Charged With Dangerous Driving After Lamborghini Crash
The Secret Dolly Parton Kept Until Her Death: "She Was Much Sicker Than She Let On"
Glacier Collapse, Not Earthquake, Triggered Deadly Nepal-Tibet Flood
Turnbull Warns AUKUS Could Leave Australia Without Promised Nuclear Submarines
California Billionaires Pour More Than $150 Million Into Fight Over Proposed Wealth Tax
German Broadcaster Goes Dark to Warn AfD Could End Its Saxony-Anhalt Service
Badenoch Plans Major Shadow Cabinet Reshuffle as Tories Struggle in Third Place
Prime Minister Andy Burnham to Give Ukraine Classified Storm Shadow Blueprints for Domestic Missile Production
UK Graduate Job Vacancies Plunge 45% to Lowest Levels on Record
Iranian Hackers Shut Down British Power Plant for Four Days in Landmark Cyber Attack
Novak Djokovic Reveals Relentless Self-Doubt and Rejects Retirement in New Documentary
Trump Imposes 50% Tariffs on Canadian Goods After Bilateral Trade Talks Collapse
Australia Combines Indigenous Fire Knowledge With Satellite Tech to Combat Catastrophic Wildfires
Father and Son Jailed in Scotland Over £900,000 Airport Cannabis Smuggling Operation
UK Fraud Reports Surge Sevenfold as Criminals Exploit QR Codes in Parking Meters and Phishing Emails
Brighton Thrash Aston Villa in Four-Goal Opening Half as Manchester City Trail Bournemouth
Erin Patterson Appeals Triple Murder Convictions After Hotel Mixed Sequestered Jury With Prosecution
The rise and fall of Hui Ka Yan, China’s richest man
Woke: Britain Considers Plain Packaging for Cigars as Specialist Shops Warn of Industry Collapse
Britain's Public-Service Productivity Remains Below 2019 as £80 Billion Output Gap Fuels WFH Debate
Mandelson Epstein Case in Jeopardy as U.S. Files Stay Out of Reach
Prince Harry and Six Others Ordered to Pay £9.5 Million After High Court Defeat
Petrol Bombs Set Luxury Cars Alight Outside Birmingham Wedding as Police Hunt Three Men
Bitcoin Surges Toward $80,000 as Short Squeeze and ETF Inflows Ignite Crypto Rally
Twenty-Nine US States Take Meta to Trial Over Alleged Child Addiction on Instagram and Facebook
Former Scottish National Party Executive Peter Murrell Jailed for Five Years Over £400,000 Embezzlement
Moderna and Merck's Personalized Cancer Vaccine Succeeds in Historic Late-Stage Melanoma Trial
Prince Harry and Meghan to Move Back to Britain With Their Children
England and Wales Have Fewer Than 1,800 Prison Places Left for Men
Suspected People Smuggler Arrested After Investigation Identified Him
Children's Doctors Warn That Vaping Can Lead Young People to Smoking
Hundreds of Thousands of Students Receive GCSE and Vocational Results Across England, Wales and Northern Ireland
Here Is What Can Never Happen in Your Country: Taiwan Is Giving Money to All Its People Because It Collected Too Much Tax
UK Inflation Rises to 2.9% as Energy Bills Jump
UK Issues New Conduct Guide for Asylum Seekers on Consent and Respect
A Sleepless Night on Wall Street: Nasdaq to Begin Nearly Round-the-Clock Trading
"The First in the World": 69-Year-Old Protested Artificial Intelligence—and Went to Jail
Ukraine's Ousted Defence Minister Calls for Wartime Presidential Election
China’s Lifelike AI Humans Move From Livestreams Into Real-World Service Roles
Sarah Ferguson Reportedly Retreats to Late Ex-Boyfriend's Swiss Chalet
Cristiano Ronaldo and Georgina Rodríguez Sign Prenup Protecting Their Separate Fortunes
×