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Deputy Premier Calls for Temporary Suspension of Virgin Islands Trade Commission Act

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Deputy Premier Lorna Smith, OBE, the Minister for Financial Services, Labour, and Trade, presented a bill to suspend the Virgin Islands Trade Commission Act, 2020, during her recent address to the House of Assembly. The Act, which was enacted on June 8, 2020, aimed to establish the Virgin Islands Trade Commission with the responsibility of overseeing various aspects of trade, investment, and consumer affairs in the British Virgin Islands.

The Deputy Premier, who assumed her role as Minister responsible for trade in April 2023, expressed concerns about the Commission’s early-stage development, casting doubt on its viability and efficiency. She stated, “Given the circumstances, a careful evaluation of the Act’s implementation became imperative.”

One of the significant concerns revolved around the dilemma faced by employees of the Trade Department, who were given only six months, from November 2022 to May 2023, to decide whether to transition to the Commission. This decision was complicated by the fact that the Commission had not yet become fully operational.

The critical juncture occurred when Deputy Premier Smith attended the orientation of the Commission’s Board on May 15, nearly six months after the Act had come into effect. She expressed her reservations about the Commission’s implementation at this meeting.

The suspension of the Act was further justified by the Deputy Premier’s concerns about the financial implications of maintaining the Commission. A budget of $1.5 million, in addition to business licensing revenues of approximately $960,000, was projected to fund the Commission’s core administrative costs. It was estimated that a 154% increase in trade licensing fees would be necessary to achieve financial independence in the Commission’s second year.

Deputy Premier Smith also raised concerns about the Business Licensing Act of 2022, which had even higher annual licensing fees, potentially resulting in increased costs for businesses and consumers. This concern was particularly noteworthy as many members of the House were advocating for financial subsidies to support local businesses.

In her address, Deputy Premier Smith assured that the underlying policies intended to strengthen trade-related public functions within the central government would remain unchanged. She emphasized the importance of the Trade Department being well-resourced, accountable to the Government and the public, and aligned with the Government’s priorities.

The Deputy Premier proposed a comprehensive plan that included a review of the department’s structure and operations, the development of a strategic plan, allocation of resources, and the establishment of clear accountability mechanisms for the Trade Department. These measures aimed to streamline and automate business processes, support local entrepreneurs, and promote investment and fair trade practices.

While the Virgin Islands Trade Commission Act of 2020 is not being repealed, the bill presented by Deputy Premier Smith seeks to temporarily suspend its operations. This suspension will allow for a period of reflection, reform, and revitalization in the trade sector, better aligning it with the needs and aspirations of the Virgin Islands and its people.

The Deputy Premier concluded her address by urging the House to support the bill, emphasising the importance of thoughtful reform for the Virgin Islands’ trade sector.

Local News

Fraser Appointed to Lead Environment and Planning in Cabinet Reshuffle

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Deputy Premier, Honourable Julian Fraser, has been appointed to lead the Ministry of Environment, Natural Resources and Climate Change, taking on expanded responsibilities that now include Building Inspection, Electrical Inspection, Housing, and Town and Country Planning. His Excellency the Governor, Mr. Daniel Pruce, formalised these changes through newly signed instruments of appointment, marking notable shifts in ministerial portfolios across key government departments.

The restructuring affects multiple ministries, beginning with the Premier’s Office, which will now oversee Agriculture, Fisheries, Food Security, and Veterinary services, previously managed under Environment. Additionally, Constitutional Advancement has been added as a formal subject of the Premier’s Office, strengthening its focus on constitutional issues.

Further changes see the Ministry of Tourism, Culture, and Sustainable Development gain oversight of Statistics, a function moved from Financial Services, Labour, and Trade, as well as District Councils, formerly managed by the Premier’s Office.

Meanwhile, the Ministry of Financial Services, Labour, and Trade has been renamed the Ministry of Financial Services, Economic Development, and Digital Transformation. Its newly broadened remit includes Cooperatives, Industrial Development (including Incentives), Immigration, and the Registration Apprenticeship Training Employment Development (RATED) Programme, along with Weights and Measures.

The Ministry of Communications and Works will now oversee Alternative Energy, a responsibility previously under the Ministry of Environment, reflecting the government’s commitment to sustainable energy solutions.

The Premier and Minister of Finance, Honourable Dr Natalio Wheatley, remains responsible for the Premier’s Office, Ministry of Finance, Ministry of Tourism, Culture, and Sustainable Development, and the Ministry of Financial Services, Economic Development, and Digital Transformation. Dr Wheatley will be supported by Junior Minister for Agriculture and Fisheries, Honourable Dr Karl Dawson, and Junior Minister for Culture and Tourism, Honourable Luce Hodge-Smith.

These adjustments reflect ongoing efforts to streamline government responsibilities, aligning ministerial remits to meet the evolving needs of the Virgin Islands. Under Section 56(1) of the Virgin Islands Constitution Order, 2007, the Governor, with advice from the Premier, holds authority to assign ministerial responsibilities in writing, facilitating this latest reorganisation in service of the Territory’s administrative goals.

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Visa-Free Access for Guyanese Effective From Nov. 1 

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 A Welcome Change, but with Mixed Reactions

The introduction of a visa-waiver for Guyanese travelling to the British Virgin Islands, aimed at deepening ties with the oil-rich nation, has prompted mixed reactions from both Guyanese residents in the territory and those at home.

Premier and Minister of Finance Dr. Natalio Wheatley confirmed that as of November 1, citizens of Guyana would no longer need a visa to visit the British Virgin Islands for up to six months, whether for tourism or business. 

This move eliminates the often lengthy and complicated visa application process that had previously been a barrier for many.

“This step strengthens the bond between our countries and the region, facilitating greater ease in travel, trade, tourism, and investment. It underscores our shared vision of regional cooperation and opens new opportunities for people-to-people exchange. Many of our Caribbean brothers and sisters already benefit from visa-free access to the BVI, and we are pleased to extend this offer to Guyana, a giant in our Caribbean community,” Premier. Wheatley said during a press conference on September 30.

For many Guyanese, particularly those who have lived and worked in the BVI for more than two decades, the visa process had been a source of frustration. 

Long-time resident Natasha, who has called the BVI home for more than twenty years, welcomed the change, describing it as long overdue.

“It really is about time that this was done,” Natasha smiled. “I’ve lived in the BVI for over twenty years and was very annoyed when I had to get a visa after being granted a work permit. Made no sense to me, but what can I say—when you’re in another man’s country, you adhere to their rules.”

The issue was first raised during a 2023 trade mission, when both the BVI government and private sector visited Guyana.

The British Virgin Islands is keen to position itself as a key player in Guyana’s burgeoning oil industry, offering specialised services in finance and other sectors. 

At the same time, the Guyanese government is keen to ensure its citizens have the freedom to travel internationally with ease. Reflecting this shift, the United Kingdom in 2022 has also eased visa restrictions for Guyanese nationals.

While some share Natasha’s relief, others in Guyana are less enthusiastic. For many, the BVI has not been a primary travel destination, particularly as Guyana has gained visa-free access to the United Kingdom and streamlined visa procedures for European Schengen countries. 

A Guyanese, who resides in Georgetown, added that, “After we’ve been given visa-free access to the UK and we can now get our Schengen visa right here in Guyana, the BVI is not really at the top of my bucket list of places to visit.”

Indeed, the perception that this new policy will lead to a surge of visitors from Guyana appears exaggerated. 

A Guyanese who previously visited the BVI voiced her appreciation for the Territory but downplayed the likelihood of a major influx. 

“I love the BVI, and yes, I would visit again,” she said, “but this notion that we are going to be passing through in the hundreds to take up permanent residence in the BVI is utter foolishness. I am quite happy being home.”

The exemption reflects a broader move by the BVI government to ease restrictions for Caribbean nationals, pushing for regional unity and enabling greater mobility across islands with historical and cultural links. Guyana, with its vibrant economy and close community ties across the Caribbean, is seen as an important partner in this vision. 

While some are ready to embrace the opportunity, others view it as an optional advantage in an increasingly accessible world.

As the BVI opens its doors, the hope is that this policy will facilitate more meaningful exchanges between the two countries. 

But whether it will lead to significant shifts in travel patterns remains to be seen. 

In the words of Premier Wheatley, “We are pleased to extend this offer to Guyana,” but for many Guyanese, the decision may simply be a convenience, not a game-changer.

 

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Crime/Police

RVIPF Alerts Residents to Surge in Cryptocurrency Blackmail Scams

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The Royal Virgin Islands Police Force (RVIPF) has issued a warning to the public following a wave of blackmail scams targeting residents across the islands. Numerous individuals have reported receiving disturbing text messages demanding cryptocurrency payments, specifically in bitcoin, under threat of exposing allegedly compromising photos or sensitive information if they fail to comply.

RVIPF officials are advising residents to avoid responding or engaging with these messages. The police emphasize that scammers often exploit fear to pressure victims into payment, and any interaction can increase one’s vulnerability to further scams. Instead, recipients are encouraged to report these messages to the RVIPF for investigation and support.

“The RVIPF is actively investigating these cases to safeguard our communities,” said Detective Chief Inspector Kenrick Davis. “We urge residents to report any suspicious messages immediately and to avoid any communication with unknown or threatening contacts.”

To help reduce exposure to scams, the RVIPF advises the public to enhance their online privacy settings, particularly on social media, and to limit the sharing of personal information online.

If you receive or wish to report a blackmail attempt, please contact the RVIPF’s Intelligence Unit at 368-9339 for assistance and guidance.

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