Beautiful Virgin Islands

Saturday, Jul 05, 2025

BVI to still benefit from EU funding despite Brexit - Governor

BVI to still benefit from EU funding despite Brexit - Governor

The British Virgin Islands will continue to benefit from existing projects which are being funded by the European Union, despite the United Kingdom’s exit from the EU last Friday, January 31.

Governor Augustus Jaspert told reporters during a media briefing on Monday, February 3, that discussions involving him, the BVI government, and the UK have resulted in Overseas Territories maintaining EU funding, even after the end of the Brexit transitioning deadline of December 31, 2020.

“The United Kingdom’s Prime Minister guaranteed and actually got it as part of the negotiations with the European Union, that any funding that the EU gives to any territory, including in the BVI where we benefit from the European funding, that funding is guaranteed to keep going,” Governor Jaspert stated.

“One example, the European Union-funded I think €2 million to help fund improvements to our disaster management shelters. That funding will continue, we don’t have any cut off from that, the programme of work is already on the way and those shelters will continue regardless if it goes after that timeline,” he added.


Message of reassurance

Governor Jaspert also reassured the BVI public that all other benefits which existed under the European Union prior to Brexit will continue during the transitioning period which ends at the end of 2020.

He said: “For British passport holders and British Overseas Territories passport holders, the same arrangements apply, and that is an important part of continuity and similarly on trade during this period as well.”

“So, if people are thinking about their travelling to the European Union or they’re working within in the European countries, nothing changes on that front and within that period the UK will be negotiating what is the future partnership approach with the European Union,” the Governor explained.


Lots of opportunities being discussed

He also said that lots of discussions are scheduled to continue between the Overseas Territories and the UK during the transitioning Brexit period which will foster new prospects for the BVI.

“There’s also lots of opportunities for both the United Kingdom and BVI as trade deals or trade arrangements can be opened up across the world and I hope that the BVI will take full advantage of those as well, as part of a plan with the United Kingdom,” Governor Jaspert stated.


Brexit process

June 2020 will make four years since 52 percent of British nationals voted via referendum for the UK to leave the European Union.

After the process to withdraw from the EU had started in March 2017 following the UK’s official announcement, a number of set deadlines to leave the EU were all eventually postponed.

Following the election of UK’s Prime Minister Boris Johnson in December 2019, he had promised that Britain would leave the European Union on January 31, 2020.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
Richard Kemp: I Felt Safer in Israel Under Attack Than in the UK
Cyclist Says Police Cited Human Rights Act for Riding No-Handed
China’s Central Bank Consults European Peers on Low-Rate Strategies
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Musk Battles to Protect Tesla Amid Trump Policy Threats
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
UK Educators Sound Alarm on Declining Child Literacy
Shein Fined €40 Million in France Over Misleading Discounts
Brazil’s Lula Visits Kirchner During Argentina House Arrest
Trump Scores Legislative Win as House Passes Tax Reform Bill
Keir Starmer Faces Criticism After Rocky First Year in Power
DJI Launches Heavy-Duty Coaxial Quadcopter with 80 kg Lift Capacity
U.S. Senate Approves Major Legislation Dubbed the 'Big Beautiful Bill'
Largest Healthcare Fraud Takedown in U.S. History Announced by DOJ
Poland Implements Border Checks Amid Growing Migration Tensions
Political Dispute Escalates Between Trump and Musk
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
US Senate Votes to Remove AI Regulation Moratorium from Domestic Policy Bill
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
Jury Deliberations in Diddy Trial Yield Partial Verdict in Serious Criminal Charges
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
King Charles Plans Significant Role for Prince Harry in Coronation
Two Chinese Nationals Arrested for Espionage Activities Against U.S. Navy
Amazon Reaches Major Automation Milestone with Over One Million Robots
Extreme Heat Wave Sweeps Across Europe, Hitting Record Temperatures
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
Robots Compete in Football Tournament in China Amid Injuries
Trump Administration Considers Withdrawal of Funding for Hospitals Providing Gender Treatment to Minors
Texas Enacts Law Allowing Gold and Silver Transactions
China Unveils Miniature Insect-Like Surveillance Drone
×