Public consultation on Trade Legislation starts Tuesday, March 23, 2021
The discussion, according to a press release from Government Information Service (GIS) on March 19, 2021, will be led by Junior Minister for Trade and Economic Development, Honourable Shereen D. Flax-Charles (AL) who will detail the contents of the proposed Acts and the shared economic benefits to be derived from the Trade Commission.
Honourable Flax-Charles will be joined by Senior Policy Anaylst/Strategic Advisor, Ms Lizette O. George and Consultant to Premier’s Office Mrs Ayiesha deCoutou-Sammy.
Schedules for the public meetings are as follows:
- Tuesday, March 23 at 5:30 pm at the Catholic Community Centre on Virgin Gorda
- Wednesday, March 24 at 11:00 am at Foxy’s on Jost Van Dyke
- Sunday, March 28 at 3:00 pm at the Claudia Creque Educations Centre on Anegada
- Monday, March 29 at 6:00 pm at the Althea Scatliffe Primary School on Tortola
The Tortola meeting will be broadcast live on the Government of the Virgin Islands’ Facebook page @BVI Government and CBN FLOW TV Channel 101, or persons can listen via CBN Radio 90.9 FM.
The public can make their contributions to the Acts in writing via e-mail to vitradecommission@gov.vg with the subject, “Trade Legislation” or hand deliver to the Premier’s Office.
12 Responses to “Public consultation on Trade Legislation starts Tuesday, March 23, 2021”
Trade license costs will increase to a maximum of $1500 for belongers and $15000 for non belongers. How and who makes these decisions is not specified.
Certificates of good standing from all the usual sources will be required from everyone with every trade license application or renewal. Probably extra expensive bureaucratic BS like Certificates of incumbency will be required for companies. Depending as usual upon the whim of the clerk you are dealing with.
The government can refuse to renew a trade license if they don’t wish to. There are no clear rules about when they can do that. So again it will probably depend on the whim of the clerks.
The government can reserve certain businesses ( not specified which businesses or who they are reserved to ) But we all know that it will be the cronies and supporters.
The government can upon its whim take over any business it feels like. Compensation will be paid at a rate to be decided. Probably by the government.
There is nothing in the bill that promotes enterprise. It is designed to stifle enterprise and increase government interference in trade.
Stalin would be proud.