BVI-USVI Leaders Pledge Fairness and Equity in Tariff Discussions

The British Virgin Islands (BVI) and the U.S. Virgin Islands (USVI) took a major step toward resolving ongoing tariff concerns, with Premier Hon. Dr. Natalio D. Wheatley and Governor Albert Bryan Jr. committing to a fair and equitable framework that benefits businesses and residents on both sides.

The discussions, held in the BVI,  today, March 7, centred on ensuring that BVI-based boaters are not disproportionately impacted by USVI tariff structures, while also ensuring that USVI-based boaters contribute their fair share to the economies they operate in. Both leaders acknowledged their dedication to reaching a balanced solution, with Premier Hon. Wheatley reaffirming his commitment not to advance new legislation until further discussions solidify a mutually beneficial agreement.

Governor Bryan, leading a high-level delegation, highlighted the importance of collaboration, stressing that economic pressures are not unique to the Virgin Islands but are part of a global reality. “The devil is always in the details,” he said, during a press conference with Hon. Wheatley,  held after the discussions, stressing the need to refine financial calculations before finalising any decisions.

He also highlighted the necessity for fairness, stating that while many businesses profit from both territories, they must also contribute fairly to the communities sustaining them.

Premier Wheatley echoed these sentiments, recognising the challenges but reinforcing the strong relationship between the territories. “Every friendship has disagreements, but the test of true friendship is how we resolve them,” he said. While no final decisions were reached, both leaders agreed to reconvene soon, aiming to finalise a path forward before June.

The discussions also touched on broader cooperation, including increasing the greater Virgin Islands’ share of the global tourism market through joint initiatives.