Local News
Deputy Premier Calls for Temporary Suspension of Virgin Islands Trade Commission Act
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.
Business
Some Businesses Continue To Insist On Minimum Spending For Credit Card Payment
Several businesses in the British Virgin Islands (BVI) are continuing to flout regulations that prohibit minimum spending requirements for credit card payments.
On January 2, Jahphixtelevision.com visited a gas station and a food establishment in Tortola, both of which were still enforcing a minimum purchase amount for credit card transactions. This comes despite a clear warning from the British Virgin Islands Bank Association (BVIBA) in a December 18 advisory, which stated that such practices violate merchant agreements with financial institutions.
The BVIBA highlighted that imposing minimum spending thresholds or charging additional fees for credit card payments contravenes not only local merchant contracts but also the policies of major payment networks such as Visa and Mastercard.
“We urge all merchants to immediately cease these practices to ensure full compliance with established regulations,” read the BVIBA’s statement issued last month.
This ongoing issue follows rising concerns over the transparency and fairness of payment systems, with both cardholders and industry stakeholders calling for more stringent enforcement of existing regulations.
Local News
British Virgin Islanders Exempt from UK ETA Requirement
Travellers from visa-exempt countries to the United Kingdom will soon need to secure an Electronic Travel Authorization (ETA) as part of the UK government’s new border control initiative. Starting January 8, citizens from visa-exempt nations outside Europe must obtain an ETA before visiting the UK. British and Irish citizens, as well as those traveling with a British overseas territories citizen passport are exempt.
This digital system aims to streamline entry processes and enhance security.
The ETA is part of the UK’s effort to fully digitize its border and immigration system, following similar programs in Australia and the United States. By April 2, all visa-exempt European travelers will also need ETAs. Nations already requiring a visa to enter the UK will remain subject to the current visa application processes.
The ETA grants permissions similar to the UK’s Standard Visitor Visa, allowing multiple visits of up to six months over two years or until the traveler’s passport expires—whichever comes first. The authorization costs £10, and applications, available online, are typically processed within 24 hours, though applicants are advised to allow up to three business days.
You do not need an ETA if you hold a visa or have permission to live, work, or study in the UK, including settled or pre-settled status or the right of abode. BAdditionally, residents of Ireland traveling from Ireland, Guernsey, Jersey, or the Isle of Man do not require an ETA. Dual citizens with British or Irish citizenship can prove their permission to travel using a British passport, Irish passport, or another passport with a certificate of entitlement.
Eligible non-European travelers can apply beginning November 27, while European travelers may apply starting March 5.
This move aims to bolster the UK’s border security by enabling more thorough checks on travelers before arrival. The system, linked to travelers’ passports, is designed to streamline entry processes and enhance efficiency. It mirrors the European Union’s upcoming ETIAS system, which will require similar permissions for travel to 30 European countries starting mid-next year.
All visa-exempt nationals—except British and Irish citizens—will need an ETA for tourism, short-term study, family visits, or business in the UK. Travelers from nations already requiring a visa will still need to apply for the appropriate visa for their trip’s purpose.
From January 8, travelers from the following countries and territories will need an ETA:
North America: Anguilla, Antigua and Barbuda, Aruba, Bahamas, Barbados, Belize, Bermuda, Bonaire, Sint Eustatius and Saba, Canada, Cayman Islands, Curacao, Grenada, Guatemala, Mexico, Montserrat, Nicaragua, Panama, Saint Kitts and Nevis, Saint Lucia, Sint Maarten, Saint Martin, Saint Vincent and the Grenadines, Trinidad and Tobago, Turks and Caicos, and the USA.
South America: Argentina, Brazil, Chile, Colombia, Falkland Islands, Guyana, Paraguay, Peru, and Uruguay.
Oceania: Australia, Kiribati, Marshall Islands, Micronesia, Nauru, New Zealand, Palau, Papua New Guinea, Pitcairn Island, Samoa, Solomon Islands, Tonga, and Tuvalu.
Asia: Brunei, Hong Kong, Israel, Japan, Macao, Malaysia, Maldives, Singapore, South Korea, and Taiwan.
Africa: Botswana, Mauritius, Seychelles, and Togo.
By April 2, travelers from visa-exempt European countries, including Andorra, Austria, Belgium, France, Germany, Italy, Spain, and Sweden, will also require an ETA.
Source:
Entertainment
Vybz Kartel’s Return: Freedom Street Concert Marks Historic Comeback After 13 Years
Vybz Kartel’s highly anticipated return to the stage after his release from prison was met with global excitement, both from his loyal fans online and those attending the historic Freedom Street Concert in Kingston, Jamaica.
The Grammy-nominated artist, who spent 13 years in prison on a murder charge that was overturned in March 2024, took to the stage in front of more than 30,000 fans just after 11 p.m. on New Year’s Eve at the National Stadium, with an additional 150,000 tuning in online.
He performed a mix of classic hits and fresh material that energised the fans, who were thrilled to see the “World Boss” enjoying his historic return with support from a star-studded cast, including Popcaan, Bounty, Spice, Shawn Storm, Lisa Hype, Gaza Indu, and American rapper Busta Rhymes.
While many celebrated his long-awaited comeback, others were left wanting more, with some missing the high-energy performance and signature vocal delivery that made him popular early in his career.
But Kartel, who is living with Graves’ disease and a heart condition, proved his popularity is still intact when thousands of viewers watching the free live stream were unable to access a steady feed due to the overwhelming online traffic.
Economically, the event proved to be a significant boon for the local community, with estimates suggesting it generated over US$10 million.
The surrounding area saw a temporary surge in employment, and local businesses benefited from an increased demand for hotels, restaurants, and transportation services.
Looking ahead, the Jamaican artist’s international comeback continues with a show in the British Virgin Islands on March 15 in front of an audience that is expected to include guests from neighbouring territories, such as the United States Virgin Islands and St Maarten.
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