Beautiful Virgin Islands

Tuesday, Jun 03, 2025

Premier Talks Regional Trade

Premier Talks Regional Trade

In his vision for a BVI with a diversified economy, Premier and Minister for Finance, Hon. Andrew Fahie said he sees regional trade playing an integral role. In fact, Hon Fahie in a statement on October 23 said that he envisions a BVI that has strategic, mutually-beneficial partnerships with CARICOM countries.
In making his point about the viability of regional trade, Hon. Fahie stated, “Our CARICOM neighbours have a lot to offer in terms of manufactured goods, professional services, skilled labour and partnerships that will have mutual benefits. The Caribbean region is very strong if our countries and our people work together.”

The Premier said that his Government has recognized that the Territory must take the initiative and lead the thrust for revisiting the opportunities and mechanics for regional trade; and he noted that efforts will be made to make this vision a reality.

“We will be reaching out to the leaders in the region and business organizations to let them know that the BVI is serious about doing business and we are open for business. We need lumber, aggregates, construction materials, foodstuff and other products, which can be easily accessed by establishing an ocean freight trade route from Guyana, through Trinidad and Tobago, Grenada, St. Lucia, St. Vincent, Dominica, the Virgin Islands and also Jamaica. A rising tide will lift all boats, and the BVI will take the lead in developing this. Our local shipping interests must take note and ready yourselves. Regional businesses must know that the BVI is a market and therefore by coming together, we can make it work for everyone. They too must get ready to trade,” Hon. Fahie added.

Further. the Premier noted that the fostered linkages and logistics will be beneficial to the Territory’s agricultural producers, fisher-folk and other businesses as they grow and seek to connect with export markets.

“They will also be essential for supporting the other activities that are taking place in the BVI,” he added.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
China Accuses US of Violating Trade Truce
Panama Port Owner Balances US-China Pressures
France Implements Nationwide Outdoor Smoking Ban to Protect Children
German Chancellor Merz Keeps Putin Guessing on Missile Strategy
Mandelson Criticizes UK's 'Fetish' for Abandoning EU Regulations
British Fishing Boat Owner Fined €30,000 by French Authorities
Dutch government falls as far-right leader Wilders quits coalition
Harvard Urges US to Unfreeze Funds for Public Health Research
Businessman Mauled by Lion at Luxury Namibian Lodge
Researchers Consider New Destinations Beyond the U.S.
53-Year-Old Doctor Claims Biological Age of 23
Trump Struggles to Secure Trade Deals With China and Europe
Russia to Return 6,000 Corpses Under Ukraine Prisoner Swap Deal
Microsoft Lays Off Hundreds More Amid Restructuring
Harvey Weinstein’s Publicist Embraces Notoriety
Macron and Meloni Seek Unity Despite Tensions
Trump Administration Accused of Obstructing Deportation Cases
Newark Mayor Sues Over Arrest at Immigration Facility
Center-Left Candidate Projected to Win South Korean Presidency
Trump’s Tariffs Predicted to Stall Global Economic Growth
South Korea’s President-Elect Expected to Take Softer Line on Trump and North Korea
Trump’s China Strategy Remains a Geopolitical Puzzle
Ukraine Executes Long-Range Drone Strikes on Russian Airbases
Conservative Karol Nawrocki wins Poland’s presidential election
Study Identifies Potential Radicalization Risk Among Over One Million Muslims in Germany
Good news: Annalena Baerbock Elected President of the UN General Assembly
Apple Appeals EU Law Over User Data Sharing Requirements
South Africa: "First Black Bank" Collapses after Being Looted by Owners
Poland will now withdraw from the EU migration pact after pro-Trump nationalist wins Election
"That's Disgusting, Don’t Say It Again": The Trump Joke That Made the President Boil
Trump Cancels NASA Nominee Over Democratic Donations
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
×