Caribbean Times 1st Issue - Monday 20th February 2017


Caribbean Times 1st Issue - Monday 20th February 2017

Informative, reliable, enriching!

Monday 20th February 2017 A n t i g u a a n d B a r b u d a

Vol.9 No.1 $2.00



Gaston Browne is a busy

man. From talks in the Middle

East with the Emir of

Qatar and the UAE vice president

to welcoming Prince

Harry on a state visit, the

Prime Minister of Antigua

and Barbuda is tireless in projecting

his small country onto

the world stage.

Since leading his Antigua

Labour Party to victory in

the 2014 elections, the 50-

year old former banker has

been relentless in attracting

millions of dollars in international

investment, coupled

with creating new laws. He

says “hard work gets results

done” – and so far, the results

are clear for all to see:

The Antigua and Barbuda

economy is marching steadily

forward and creating more

jobs and prosperity for Antiguans

and putting in place

healthy investment frameworks

which will attract foreign

direct investments. In

fact, the economy grew 4.2%

last year, making it the fastest

Inset: Prime Minister, the Hon., Gaston Browne

in the Caribbean region and dustries and create a healthier

the fourth fastest in the hemisphere.

To achieve this vision


The focus of Browne’s administration’s

economic vi-

Browne is already working

requires more people and

sion is to increase the island’s on the solution. “We have our

room availability from 3,000 own human resources, but of

rooms to 10,000 rooms in the course we require many more

next 5-7 years. Boosting the people to serve our development

and expected growth,”

number of hotel rooms in Antigua

and Barbuda will create he says. “We need more

jobs, grow tourism related in-

unique skills, technicians and

specialists. That’s why, we

have supporting programs

such as the Citizenship Program.”

“We also need funds, as

well as people, to develop industries

and the Citizenship

Program brings us both. We

are creating new initiatives

that will bring these new citizens

even closer to us, becont’d

on pg 2

2 c a r i b b e a n t i m e s . a g

Monday 20th February 2017

cont’d from pg 1

cause we don’t want them to

be just citizens with no connections

with our country. We

will make sure they become a

part of our society, they will

be our voice and our ambassadors

worldwide, they will

be proud to be Antiguans and

they will share our understanding

of what Antigua and

Barbuda is all about”.

Browne points to the United

Arab Emirates as an example

of the kind of growth he is

determined to copy. “Four decades

ago Dubai had around

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Contact: Caribbean Times,

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40,000 citizens, today it has

over two million, including

immigrants. Forty years ago,

we had 50,000 but today we

barely have 100,000. Every

country has different immigration

and citizenship needs

and we are no different but

we have the safest environment,

the lowest crime rates,

we have never been in a war,

our people are friendly and

welcoming, we have mixed

ethnicities, religions and race

and this is what makes us

strong and united.”

“We have created laws

and policies which are of international

standard, fit our

requirements, and encourage

investment. Our real estate

industry is one of the healthiest

worldwide,” he proudly

points out. “I can’t recall a

bear market, in fact growth

has been upwards all the

way. Antigua and Barbuda

has the most modern airport

within the OECS, one which

can accommodate practically

all commercial aircraft. The

government is also spending

$100 million to rebuild

and remodel our existing

cargo port to make it into a

trans-shipping port that will

help in boosting the economy.”

“Antigua has managed to

attract international investors

with negotiated deals north of

$3 billion dollars. Whatever

will finally mature from these

investments will be impressive,

a figure double the size

of our economy,” he adds.

As examples of high profile

investors and projects,

Browne points to Robert

DeNiro and James Parker’s

$250-million Paradise Found

and Sheikh Al Qasimi’s of the

United Arab Emirates $120

million Callaloo Cay Project.

Both are part of a long list

which includes Replay’s Half

Moon Hotel and Jean Paul

Dejorey’s $200 million USD

hotel on Barbuda, where this

international group will be

investing several hundred

million dollars to build new


Browne says: “My government

is still young, when

we came to power a two and

a half years ago our economy

was at the bottom of the

league table, today we are

the fastest growing economy

in the region. I want to see

my citizens in better shape,

the shape they deserve to be

in. Being an island is never

easy, we don’t have railways

or trucks to build strong trade

ties with neighbours, as is

the case in North America,

Europe, Africa and Asia. We

don’t have oil or gas, but

what we do have in abundance

is the belief, motivation

and desire to transform

our island into a Caribbean


Through a program of

continuous visits, both personally

and via his team, the

Prime Minister is also consistently

playing an important

role in bringing the Caribbean

and the Arab Gulf countries

closer together.

Browne has always spoken

of how much he admires

the way in which Arab Gulf

countries, such as the UAE

and Qatar, have witnessed

so much development within

cont’d on pg 3

Monday 20th February 2017 c a r i b b e a n t i m e s . a g 3

cont’d from pg 2

such a short time frame.

And the relationship has

paid dividends as, for example,

when Browne had a

series of meetings with the

Arab Gulf countries during

the Haiti hurricane crisis.

These meetings were instrumental

in generating financial

support for the victims of the

natural disaster.

“I was very pleased that

when I called on the leadership

of Qatar, in particular, to

assist Haiti that there was no

hesitation. I made a request

and they responded swiftly,”

Browne said. “After this the

UAE responded in a similar

fashion by also contributing

to the Haiti fund. I was delighted

to play a significant

role in creating that link between

the two regions”.

However, Antigua and

Barbuda have both clearly

showed that this special relationship

is not one-sided.

The country backed Qatari’s

Dr. Hamad bin Abdulaziz Al

Kuwari, advisor at the Emiri

Diwan as Qatar’s candidate

for the director general post

at the United Nations Educational,

Scientific and Cultural

Organization (UNESCO) in

St. John’s.

Browne says: “We have

managed to build a genuine

and sincere friendship over

here and friends always look

after one another. I’m very

pleased to be an advocate on

their behalf, to do whatever is

necessary to ensure that the

Caribbean as a whole enjoys

closer bilateral and multilateral

relations with the Arab

gulf region. And, so far, it’s

been going very well and it is

a courtesy that we will be extending

to all of the countries

within the Gulf region as we

seek to strengthen bilateral

and multilateral relations between

the Caribbean and the

Arab Gulf countries”

Antigua and Barbuda has

recently signed an investor

protection agreement, as well

as executing a double taxation

agreement with the UAE,

that has created the necessary

framework for investors to

invest in the country. Browne

says that he is now looking

forward to a long-term, sustained

relationship between

Antigua and Barbuda and the

Arab Gulf countries.

As a further gesture of

friendship, Antigua has lifted

the visa requirements previously

required for Emiratis

to enter Antigua. In addition,

Antigua has also opened an

embassy in Abu Dhabi that

will serve as a focal service

point for Antiguan citizens

in the Middle East, as well

as play an important role in

strengthening and improving

relationships between the two


Just a few months ago

Antigua purchased a desalination

plant, from Dubai for

in excess of $3mn. It was





Don’t Dream it.

Drive it




1 (268) 462-1062

also announced last week that

Antigua and Barbuda has secured

a loan for a new hybrid

energy project worth $15mn

from Abu Dhabi, the capital

of the UAE. This step further

demonstrates the efforts

of the Antiguan and Barbuda

government to reduce its reliance

on fossil fuels.

With a rate of 4.25%, Antigua

and Barbuda is the fastest

growing economy in the

Caribbean today, despite being

at the bottom of the table

just three years ago. His new

team works tirelessly around

the globe to bring investments

to the country to build

a nation.

Twenty years ago, a hurricane

eliminated an entire

year’s GDP and it took the

country two decades to recover,

a recovery hampered

by the 2008 financial crisis

and exacerbated by the mismanagement

of the previous


For the Prime Minister

and his country, you get the

feeling that the best is yet to

come. (



4 c a r i b b e a n t i m e s . a g

Monday 20th February 2017

Risk posed by Caribbean “exaggerated’

By Everton Barnes

The threat posed by Caribbean

countries to the global

financial system that is at the

centre of the de-risking issue

has been largely exaggerated,

according to Prime Minister

Gaston Browne.

PM Browne made the observation

during an interview

conducted at the margins of

the last week’s Caribbean

Community (CARICOM)

28 th Intercessional Meeting in


“To date, not a single case

of money-laundering nor terrorism

financing has resulted

in any fines for any United

States bank. So in the absence

of this evidence, it is more a

case perception than reality in

terms perceived weaknesses

in our banking systems,” he


The prime minister said

while he accepts that there

are ‘certain gaps’ within the

legislation within the region

that need to be plugged, he believes

that the focus should be

By Everton Barnes

The, Eastern West Indies Province

(EWIP) of Moravian Church is convening

a symposium at its headquarters in

Antigua next month where members will

consider a new role for the church in education.

EWIP Chairman, Rev. Dr Cortroy

Jarvis, said the symposium to be held at

the will run from March 7 – 9 and it will

hear several presentations of a likely role

for the church in education. Two Antiguans

who are now professors at the University

of the U.S Virgin Islands, Bishop

Dr. Conrad Spencer and Dr. Vaneer

Goodwin will lead the discussions at the

on strengthening the enforcement

mechanisms to ensure

that the laws on the books are

rigorously enforced.

In spite of this, PM

Browne nonetheless feels

that the foreign banks have

over-estimated the risks posed

by Caribbean banks.

“They have over-estimated

the extent of the monies

that are flowing through

CARICOM countries and the

extent of any nefarious activities

including money-laundering.

Most CARICOM banks

have stringent requirements

regarding funds that are deposited

and as far as the

disclosure of funds that are

deposited. In the case of Antigua

and Barbuda, anything

in excess of $10,000.00 must

be declared and the banks are

looking at smaller amounts

with keen eyes,” he explained.

The prime minister noted

that the volume of transactions

passing through the region’s

banks is ‘very small’

when compared with transactions

in other countries. He

added that as small societies

‘we know one another’ and

the banks are clearly aware

of whose income is legitimate

and whose is not.


“There will be presentations by

the official delegation to include their

background, trends in higher education,

our math enrichment program and the

church’s involvement in higher Education.

The rest of the program will be

brainstorming/thinking aloud in trying

to put the plan for the college in perspective,”

Rev. Jarvis explained.

He noted that the Moravian Church

has what he termed ‘a goodly heritage in

particular in the area of Education’.

“We have lost some grounds, but we

believe that God is calling us to continue

to be the salt of the earth and the light of

He stated that the move to

de-risk banks in the region,

most notably the indigenous

banks, may have been based

on mis-information or ignorance

of the scope of the

business done by banks in the


PM Browne noted while

that there has been a halt in

the de-risking initiative, the

region must, however, remain

vigilant. He said CARICOM

leaders have agreed on a twopronged

approach; education

and advocacy.

He said the region will

continue to educate the international

community about the

efforts by the region’s banks

to combat money-laundering

etc., but equally, the meeting

has agreed to engage a lobby

group out of the US to take

its case to U.S policy makers.

He disclosed that a proposal

by former US Attorney General,

Eric Holder, is before

the heads for consideration

although no decision has yet

been made.

Moravians ponder higher education

the world,” he added.

He said along with the leaders Bishop

Spencer and Dr. Goodwin and there will

be other University Professors from the

United States, St. Croix, St. Thomas and

Jamaica, who will make presentations

on the occasion. The Moravian Church’s

long history in education dates back to

the period of slavery when its earliest

missionaries taught the enslaved people

of African descent. That tradition continued

into the twentieth century when it

also operated a teachers’ college.

In recent years, the church has been

focusing on a re-entry into higher education.

Monday 20th February 2017 c a r i b b e a n t i m e s . a g 5

License needed for importation of pesticides

The Pesticides & Toxic Chemicals

Control Board (PTCCB) of the Ministry

of Agriculture, Lands, Fisheries and

Barbuda Affairs in accordance “The Pesticides

and Toxic Chemicals Act, No. 12

Of 2008,”, would like to inform the general

public that effective immediately, all

importers of pesticides and toxic chemicals

will be required to obtain an importation

license for pesticides and or toxic

This week’s act of violence

against a young man

in the heart of St. John’s was

an unconscionable and inexcusable

act. The Ministry of

Social Transformation and

Human Resource Development,

through the Directorate

of Gender Affairs, firmly believes

that violence perpetrated

against others is an egregious

human rights violation

that not only impacts those

directly involved but all of our

nation’s citizens.

It is our civic duty as Antiguans

and Barbudans to make

concerted efforts to transform

chemicals prior to their importation into

the country. To avoid detention or confiscation

of shipments at the port, all pesticides

importers are urged to consult with

the PTCCB to ensure that all pesticides

and toxic chemicals that they are desirous

of importing are duly registered by the

Pesticides & Toxic Chemicals Control

Board, for use in Antigua and Barbuda.

Failure to comply is an offence punishable

on summary conviction by a fine

not exceeding $25,000 or imprisonment

for a term not exceeding one (1) year,

or both. In case of doubt and/or for further

information and guidance on these

matters, persons are asked to contact the

Pesticides & Toxic Chemical Board’s

Secretariat at telephone number 1(268)

462-9191/464-4448 or email at

The Social Costs of Harassment and Violence

public spaces into safe areas

around which people may traverse

without fear of harassment

or violence.

Street harassment, which

primarily involves unwanted,

inappropriate and oftentimes

repeated commentary

and advances, is a negative

social phenomenon that requires

our undivided attention

and scrutiny. As a society we

have become desensitized to

the harmful impact of street

harassment. The failure to

recognize street harassment as

an ongoing cultural issue facilitates

its escalation into acts

of violence. We can begin

to demonstrate the seriousness

with which we consider

these events by changing the

way they are framed in our

language. Our language must

reflect the sensitivity and seriousness

inherent in acts of

harassment and violence. This

will communicate our commitment

to humanizing the

parties involved and give rise

to responses and actions from

the wider society that are measured

and conscientious.

There is no justification

or excuse for the violent

act that was committed in a

public space and it is our responsibility

to learn how to

effectively respond and react

to harassment. Violence is an

unacceptable means of resolving

conflict. Furthermore, we

should acknowledge that harassment

of any kind has no

place in a civilized society.

Those consistently subjected

to unwanted advances

in public spaces often feel discomfort,

fear and frustration.

Let us resolve to educate each

other on more appropriate

ways to address and engage

our brothers and sisters.

Let us also make a commitment

as concerned and

empathetic citizens to transform

Antigua and Barbuda

into a nation that takes all

forms of harassment and violence

seriously so that those

affected may feel confident

that intervention will be guaranteed

and swift.

The Directorate of Gender

Affairs remains committed

to advocating for and implementing

legislative frameworks

and providing quality

education and services to the

public. The services of the

Directorate of Gender Affairs

are available to all members

of the public through its 24/7

crisis hotline at 463.5555.

6 c a r i b b e a n t i m e s . a g

Monday 20th February 2017

Minister of Tourism delivers address at AUA

Rohrman Triathlon opening ceremony

Mr. Rory Butler, Rohrman Director

Visiting Athletes

Other Sporting and Government officials

Members of the media

Ladies and Gentlemen

Good evening to you all, and for

those of you who are visiting a warm

welcome to our beautiful twin-island

nation, of Antigua and Barbuda.

I am delighted to be here this evening

for the opening ceremonies for

the 6 th Annual AUA Rohrman Triathlon

that has been organized by the Rohrman

Sports Association.

This event, which is now held in

honour of the late Jonathan Rohr a former

Triathlete who attended the AUA

medical school and who sadly passed

away suddenly in 2011. This event has

truly become a signature fixture on

our sporting tourism calendar just as

he would have wanted. Jonathan’s untimely

passing has left us a great legacy

in promoting the sport that he so dearly

loved, and is one that we can all be

proud off.

First of all, I would like to express

my admiration for all of you that are

here to participate in the triathlon. Triathlons,

with three different endurance

events, is known for being one of the

most challenging sporting events in the

world. Your dedication and perseverance

in training to participate, and for

some, compete is commendable. This

goes for those that are here to compete

in the full Triathlon, as well as the various

categories of teams, mini, walk/

run, beach run and age groups.

This inclusivity is what I believe sets

the AUA Triathlon from others. Your

organisers have done a remarkable job

in developing a race structure that al-

Minister of Tourism, the Hon., Asot Michael

addresses the gathering at the opening

ceremony of the AUA Rohrman Triathlon.

lows everyone to participate in a challenge

that best suits their fitness levels.

With over 9 events to choose from –

there is a challenge for everyone, and

all are welcome, including children

with three different age groups!

The AUA Triathlon is about providing

an energetic and exciting racing

challenge for everyone – in one of the

most beautiful settings in the world!

As a backdrop you’ll be running, swimming

and cycling along some of our

most beautiful beaches and Southwest

Coastline including Ffryes’s Beach,

Turner’s Beach, Carlisle Bay and one

of our largest pineapple farms at Cades


This is also the perfect time of the

year to be participating in the event as

you’ll see temperatures are hovering

around 80 degrees and the Caribbean

Sea is the perfect temperature for a


With thousands of triathlon events

taking place across the globe, yearround,

I truly believe we are hosting

one of the best.

I believe athlete participation

agrees. This is the first year since the

inaugural year in 2012 that we’re welcoming

over 300 participants!

I am also incredibly proud of the

caliber of participants we are attracting

from around the world. This year we

are welcoming two of the world’s most

accomplished athletes; David Hauss of

France and Andrea Hewitt of New Zealand.

David counts among his achievements

a 4 th place finish at the London

2012 Olympics and earned the Bronze

in the 2010 European Championships

while Andrea participated in the Beijing

2008, London 2012 and Rio 2016

Olympics placing 8 th , 6 th and 7 th respectively.

She placed third in the 2009

ITU Triathlon World Championships.

So congratulations to both Mr. Hauss

and Ms. Hewitt for their outstanding

achievements – to you we extend a

very special welcome and we are very

excited to have you here, and participating

in this event.

Additionally, we have a 10-person

team here being led by French Champion

triathlete, and coach, Benjamin Sanson,

a team of thirty from Guadaloupe

and with many of you traveling from

around the globe including the US,

Canada, Trinidad & Tobago, Grenada

and more to participate in this fantastic

event. We are incredibly honored to be

welcoming each and every one of you

to our islands.

As partners of this amazing event,

I am particularly honored to be here

this evening. The Ministry of Tourism

and The Antigua and Barbuda Tourism

Authority and has partnered with

the Rohrman Sports Association since

it’s inaugural year to help ensure that

this sporting event takes place. As the

Minister of Tourism, Economic Development,

Investment and Energy, I can

tell you firsthand how important it is

for our nation to organize these flagship

sporting events for both the sports

cont’d on pg 7

Monday 20th February 2017 c a r i b b e a n t i m e s . a g 7

cont’d from pg 6

community as well as for local


Tourism is the lifeblood

of our economy, contributing

over 60% to our GDP

and representing roughly

53% of the workforce –

making it our primary industry.

Our success as a nation

relies on the success of

tourism. And sports tourism

is an important part of this

industry. It contributes to

the social cultural, economic

and infrastructural development

of our nation. Therefore,

we are firm believers,

in doing everything possible

to support our various

sporting events that we host

throughout the year. We are

incredibly happy with the

success and growth of the

AUA Rohrman Triathlon. So

thank you for being a part of

this success.

I realize that you’ve all

been training for the Triathlon

for quite some time, but

I do hope that you’ll have

some done time to discover

the beauty of our twin islands

and our people. I assume

given your sense of

adventure and activity in

participating in the Triathlon

that you’re interested in exciting

activities and we have

many for you to experience.

You can go ziplining in our

rainforest, we have many

hiking trails including one

that leads to the highest point

on our island, Mt. Obama.

The thrill seekers among

you can enjoy the various

kayaking and snorkeling adventure

options, as well as

sailing and catamaran tours.

If you’re a kite surfer, we

offer the best conditions to

take to the skies where we

attract people from around

the world to experience our

phenomenal kite surfing

first-hand. Additionally, we

have Stingray City – where

you can swim and feed the

largest free roaming stingrays

in the region

Obviously – if you’re

looking to recharge we offer

many spas and opportunities

to relax on one of our 365

pink and white sandy beaches.

For those athletes that are

“foodies” we have countless

restaurants around the island

serving the best in gastronomy.

While here you must

try our world famous Antigua

Black Pineapple. It’s the

freshest and sweetest variety

in the world and can only be

found here!

We hope that you’ll enjoy

the Triathlon and build

strong bonds with our nation

and people. We invite you

to truly explore what makes

us unique. By the smiles on

your faces we can already

see that you have fallen in

love with us and we hope

this will inspire you to return

again and again.

Whether you are here for

just the Triathlon or staying

on to explore – thank you for

visiting! We hope you have

a wonderful stay, and a safe

and successful Triathlon.

Best of luck for tomorrow

– though I’m sure you

will not need it! You’ll have

the support and encourage

met from the cheering local

fans along your route!

Before I go, do permit

me to finish with an inspiring

quote from Dave Scott,

Six-Time Ironman World

Champion, “If you set a goal

for yourself and are able to

achieve it, you have won

your race. Your goal can be

to come in first, to improve

your performance, or just

to finish the race; it’s up to


I’m confident you will

all finish tomorrow and you

will all be winners!

Good night and do enjoy

the rest of your evening

8 c a r i b b e a n t i m e s . a g

Monday 20th February 2017

Regional leaders want continued ‘fruitful

and mutual” relationship with United States


Caribbean Community

(CARICOM) leaders say

they are looking forward to

“continuing the fruitful and

mutually beneficial relationship

with the new United

States administration”.

At the end of their inter-sessional

summit here

on Friday, the regional

leaders said they “emphasised

the importance of the

long-standing relationship

between the Community

and the United States of


“We also recognised the

importance of the recently

adopted bipartisan, US-Caribbean

Strategic Engagement

Act of 2016 that seeks

to increase US engagement

with the governments and

civil society of the region,”

CARICOM Chairman

and host, President David

Granger told reporters.

At the start of the summit,

Barbados Prime Minister

Frendel Stuart said 19

Barbadians had been detained

under the US travel


“In the meeting this

morning, the Foreign Minister

(Maxine McClean)

showed me a text message

or an email message she had

just received saying that 19

Barbadians had been identified

in this whole process,”

Stuart told reporters.

He said his administration

would be investigating

Front row (l-r): Prime Minister of St. Vincent and the Grenadines, Dr. Hon. Ralph Gonsalves; President

of Haiti H.E. Jovenel Moise; Prime Minister of Dominica, Hon. Roosevelt Skerrit; President of Guyana,

H.E. David Granger; Prime Minister of Grenada, Dr. Hon. Keith Mitchell; Prime Minister of Barbados,

Hon. Freundel Stuart; Secretary-General of the Caribbean Community (CARICOM) Ambassador Irwin

LaRocque Back row (l-r): Hon. Sean Astwood, representing the Premier of the Turks and Caicos

Islands; Hon. Sarah Flood-Beaubrun, representing the Prime Minister of St. Lucia; Hon. Wilfred

Elrington, representing the Prime Minister of Belize; Prime Minister of Antigua and Barbuda, Hon.

Gaston Browne; Prime Minister of Trinidad and Tobago, Dr. Hon. Keith Rowley; Hon. Fred Mitchell,

representing the Prime Minister of The Bahamas; Hon. Karmina Johnson Smith, representing the

Prime Minister of Jamaica; Hon. Yldiz Pollack-Beighle, representing the President of Suriname; Hon.

Carl Greenidge, Foreign Minister, Guyana.

the reports even as he expressed

surprise that Barbadians

and other Caribbean

nationals were being

rounded up by American

authorities in keeping with

President Donald Trump’s

January 27 order, which was

intended to keep terrorists

out of the US.

“We did not see ourselves

as threatened,” said Stuart,

adding that regional leaders

would now be forced to address

the issue during their

Georgetown deliberations.

Granger told reporters

that “we have a very cordial

and respectful relationship

with the United States.

“A change in CAR-

ICOM-USA relationship is

not anticipated,” he said,

with Grenada’s Prime Minister

Dr. Keith Mitchell saying

that the region “must accept

there are uncertainties.

“Must adopt, wait and

see approach,” he said, acknowledging

the region’s

concerns about President

Donald Trump’s new immigration


Meanwhile, the regional

leaders have said that they

discussed the future of the

African, Caribbean and Pacific

Group of Countries

(ACP) including the renewal

of the Cotonou Partnership

Agreement (CPA) which

governs relations between

the Group and the European

Union (EU) and which

comes to an end in 2020.

“That Agreement is a

unique and valued instrument

from which CAR-

ICOM has benefitted with

regard to trade, development

co-operation and political

dialogue with Europe

and should be renewed.

The ACP Group remains

a valuable construct which

has facilitated relations with

Africa and the Pacific and

that the Group should be

strengthened,” Granger added.


Monday 20th February 2017 c a r i b b e a n t i m e s . a g 9

The Future of Financial Services in the

Caribbean: International Tax Competition,

Globalization and Fiscal Sovereignty

A presentation by Sir Ronald Sanders

On Friday 17 February 2017 At a Conference

organised by Goethals Consulting

Corp In Panama On “Widening the

Pathways to Open Societies”

I have been asked to speak on “The

Future of Financial Services in the Caribbean

in the context of “International

Tax Competition, Globalization and Fiscal


As I speak, that future is bleak.

Globalization has been a one-way

street of impositions by powerful countries;

fiscal sovereignty has been violated

by the strong; and tax competition remains

under threat from the mighty.

Indeed, if the current pattern of incursions,

restrictions and false labelling of

Caribbean jurisdictions as ‘tax havens’,

and the Caribbean as a region of ‘high

risk’, is not halted soon and swiftly, not

only will financial services have no future,

but the Caribbean region as a whole

could be relegated to the backwater of

global existence.

The evidence of the last 30 years

speaks for itself.


It is clear that the major member

states of the Organisation for Economic

Cooperation and Development (OECD)

have been embarked upon a campaign

to eliminate competition in financial services

from Caribbean countries and other

developing states, since the 1990s.

That campaign has never waned.

It has gained validation in the international

community by seducing or coercing

some developing countries into participation

in groups, created at the behest

of G7 countries, ostensibly to establish

globally acceptable rules on tax information

exchange, transparency, common

reporting standards, anti-money laundering,

counter terrorism financing and tax


One such group is the OECD Global

Forum on Transparency and Exchange

of Information for Tax purposes which

claims 139 members and in which the

countries of the European Union are over

represented since they participate as individual

nations and as a collective body.

At the end of the day, the seemingly

broad membership of the OECD Forum

is window-dressing for the menacing objectives

of the more powerful countries.

The high number of members, masks

the fact that no small nation can resist the

candy-coated but bitters pills with which

they are presented.

In the end, sanctions hang like the

sword of Damocles over the heads of

those who participate.

The entire process remains one of

pushing the agenda of automatic access

to tax information and ending tax competition

in keeping with the prevailing

ideology of European Union countries




Despite all the rhetoric of ‘level

playing fields’ and respect for sovereign

rights, the world remains one in which

might parades in the armour of right, and

power camouflages itself in the clothes

of justice.

In this matter, there has been – and

continues to be – the most blatant disregard

for the rules of international law;

rules that have been spelled out by the

UN and upheld by the International

Court of Justice.

Those rules specify quite clearly that

By Sir Ronald Sanders

States cannot intervene in areas solely

within the jurisdiction of other States,

and international organisations are restricted

from intervention within the domestic

jurisdiction of states.

Yet, the powerful nations of the world

– clustered in the OECD – do precisely

the opposite.

And, weak and vulnerable nations are

powerless to respond.

In fear of sanctions, such as blacklisting

by OECD countries and the European

Union Commission, and penalties

from the United States, they acquiesce;

surrendering their sovereignty.

At the conception of the United Nations,

world leaders committed themselves

to a world “governed by justice

and moral law”, one in which they asserted

the “pre-eminence of right over

might and the general good against sectoral


If, in the history of the UN, that commitment

was ever respected, it has certainly

been disregarded if not reversed in

cont’d on pg 10

10 c a r i b b e a n t i m e s . a g

Monday 20th February 2017

cont’d from pg 9

relation to fiscal sovereignty and globalisation.


And, in all this, the powerful nations

have seduced the international media

into becoming participants in their campaign.

As far back as 1834, a US Senator described

this with prescient clarity.

He said “power marks its victim; denounces

it; and then excites public hatred

and odium to conceal its own abuses and


So, as one commentator put it: “The

dogs of war have been released on Caribbean

off-shore centres”.

In the wake of the so-called “Panama

Papers”, Panama has had its share of the

snarling and bites of the war-dogs.

The truth that dares not speak its

name is that “automatic exchange of tax

information”; false branding of countries

as “tax havens “while the real tax havens

continue to thrive and prosper; and sanctions

against what is described as “uncooperative

jurisdictions”, is a form of


It is a campaign to dictate the tax

systems and structures of other nations

for the benefit of OECD member-states,

curbing the rights of sovereign but weak

states and autonomous jurisdictions.

This campaign has been continuous

and unrelenting, reaching an apex 17

years ago, when the OECD launched its

so-called ‘harmful tax competition’ in




The campaign has persisted and has

been successful not only because of the

coercive might of the powerful States,

but also because there has been no unified

response from the countries and jurisdictions

which are their victims.

Indeed, there is still no unified response.

The victim-nations lack the cohesion,

the coherence and the capacity to formulate

a common position and to stand-up

for themselves.

Instead, there is a scramble by individual

powerless nations to salvage what

they can of their financial services sector,

and to avoid, at all costs, the sanctions

and penalties of the powerful countries.

So, they play the game as best they

can, with their feet hobbled and their

hands tied behind their backs.

The upheaval against the discriminatory

political order that we have seen

within the affairs of nations has not yet

taken root in the affairs between nations.

There is as yet no leader ready to

trump the abuse of the last three decades.

In fact, the absence of cohesion and

coherence by developing countries

might be obvious in a recent decision by

the government of Ecuador, as Chair of

the G77& China at the UN, to work for

an independent UN body that will eliminate

tax havens and illicit financial flows.

There had been no prior discussion

with other developing countries on this

effort, and no clear indication of which

jurisdictions Ecuador regards as tax havens.

The initiative might get the support of

developing nations if the real tax havens

are identified.

As it is, more than a little suspicion

now attaches to its motivation and its initiators,

and that is unfortunate.

But, in any event the OECD countries,

including the US, would hardly

support a UN body over which they

would have no control.

They are far more comfortable with

the OECD Global Forum on Taxation

that they dominate and with their own

unilateral actions such as the US Foreign

Account Tax Compliance Act (FATCA)

and the blacklists of countries they issue

from time to time.



It is well-known that Caribbean jurisdictions

have been labelled as ‘tax havens’.

There is this belief that we are rum

and Coca-Cola societies that deliberately

hide the ill-gotten gains of foreigners;

help people to shield their taxable revenues

from tax authorities; and have offshore

centres in furtherance of the Hollywood

image of swashbuckling Pirates of

the Caribbean.

Nothing could be farther from reality.

A ‘tax haven’ is an area or jurisdiction

where payable tax is hidden, and where

countries, in which such payable tax

originates, are prohibited from receiving

information on the such taxable assets.

That is not the Caribbean; it is other

countries – some in the OECD; but not

in the Caribbean.

Low tax or no tax jurisdictions are

not ‘tax havens’.

Low tax or no tax is not a measure of

a ‘tax haven’.

Countries pitch their tax levels in accordance

with the imperatives of their

economic and social development.

For instance, with a corporate tax rate

of 22%, Ecuador is 7% lower than the

average of the Americas and considerably

less than Europe.

But Ecuador would not consider itself

a tax haven.

In the case of my own country, Antigua

and Barbuda, we are a low tax jurisdiction;

indeed, we abolished income

tax completely last year on the strong

belief in two things: first, that the costs

of pursuing such taxes outweigh the benefits,

and second that money left in people’s

pay packet will promote economic

growth through spending and saving.

With growth of 4.3% last year, Antigua

and Barbuda was the fastest growing

economy in the Caribbean and the fourth

fastest growing economy in Latin America

and the Caribbean.

But, Antigua and Barbuda, like most

Caribbean countries, is not a tax haven.

To be continued

Monday 20th February 2017 c a r i b b e a n t i m e s . a g 11

Friday’s Sudoku Solution




1. Graded

6. Scored on serve

10. Risqué

14. Remove

15. Concern

16. Vocalist ____ Fitzgerald

17. Ritual

19. Sightseeing trip

20. Numero ____

21. Water jug

22. Showed feelings

24. Wicker

26. Aquatic animal

28. Responsibility

30. Tell again

34. ____ Macpherson

37. Expire

39. Gloomy

40. Stage signals

41. Mischievous one

42. Notre ____

43. Possesses

44. Kidnapper’s demand

47. Unwrap

48. Not indoors

50. Grateful ____

52. Category

54. On a ship

58. Cash in

61. Breaks bread

63. Itinerary word

64. Baking chamber

65. Academic guidance

68. Tractor-trailer

69. Christmas carol

70. From Oslo

71. Funnyman ____ Idle

72. Hamilton bills

73. Lugged


1. Happen again

2. Sports ring

3. Gypsy’s card

4. WNW’s opposite

5. Dishonor

6. Pimples

7. Nile city

8. Period of note

9. Erases

10. Witty reply

11. Very many (2 wds.)

12. Crossword hint

13. 36 inches

18. Confess (2 wds.)

23. Netting

25. Baby’s “piggies”

27. Camera stand

29. Fishing nets

31. Office acronym

32. Not wild

33. Paradise

34. Yodeler’s feedback

35. Hawaiian cookout

36. “____ we forget”

38. Den and study (abbr.)

42. Extinct bird

44. Annoy

45. Inflexible

46. Vegetarians’ taboos

49. Picturesque

51. Not present

53. Lucky dice roll

55. Turn aside

56. Wash cycle

57. Out of style

58. Stood up

59. Always

60. Actress ____ Moore

62. Is unwell

66. Forest female

67. Cow’s comment

12 c a r i b b e a n t i m e s . a g

Monday 20th February 2017

Today’s weather forecast

Antigua and Barbuda

Rain showers early with some

sunshine later in the day.

High - 79ºF

Low - 71ºF

Wind: South East 8 mph

Sunrise 6.30 am; Sunset 6.11 pm

Friday’s Crossword Solution


PISCES (Feb. 19-March 20).

It’s fun to spend money on a

friend! It will make you happy

to do so today, and your friend

will also be quite pleased. Furthermore,

the generous act will

attract good fortune, financial

and otherwise.

ARIES (March 21-April 19).

People who love you sometimes

try to decide things for you.

This is a waste of time for them,

considering you’re not about to

adopt anyone else’s choice unless

it also happens to be your


TAURUS (April 20-May 20).

Thinking about the problems of

the world again? The solution is

near — and the solution is you.

You so clearly see what needs to

be done, and there’s no reason

you shouldn’t be the one to do it.

GEMINI (May 21-June 21).

The great thing about being

born under the sign of the twins

is that you’re not tied to reacting

to life in any one way. Instead of

saying “that’s who I am,” you

believe that you are who you

decide to be.

VIRGO (Aug. 23-Sept. 22).

Games are more fun when everyone

understands and plays by

the rules. Also, the rules should

be explicit in determining when

the game is over. It’s easier to

commit fully when we know it’s

only for a limited time.

LIBRA (Sept. 23-Oct. 23).

You’re the official greeter of

the zodiac now, making people

feel welcome around you. It’s

perfect because there are new

people coming into your world,

and they will always remember

the warm first impression you


SCORPIO (Oct. 24-Nov. 21).

Something is going wonderfully

right in your world, and you

can create even more of it, too,

if you can only remember your

recipe. This is the moment to reflect,

observe yourself and write

it all down.


21). Why do you want to do

it? What or who gives you the

impulse? You can work without

being inspired, but you’ll be so

much more effective if you take

the time and make the effort to

find your inspiration first.

CANCER (June 22-July 22).

Light travels faster than the

speed of sound, creating an outof-sync

relationship between

seeing a thing and hearing it.

In the delay between, second

guesses will abound.

LEO (July 23-Aug. 22). Virtues

often seem far less exciting

than vices. Take patience, for

instance — not exactly a glamorous

quality to strive for. However,

to be patient in a moment

of anger today will help you escape

future days of sorrow.

CAPRICORN (Dec. 22-Jan.

19). Short-term comforts will

keep you going today. Pepper

your life with treats. A nap, a

snack, your favorite show — all

sparks of pleasure to enjoy in

very small bursts between the

main events of life’s work and


AQUARIUS (Jan. 20-Feb. 18).

The ancients suggested you

should not climb trees to look

for fish. Though it’s not entirely

impossible to catch fish from a

tree today, if you’re hungry for

fish you’ll go where the probability

factor is more in your favor.

Monday 20th February 2017 c a r i b b e a n t i m e s . a g 13

All members of the Executive of the Antigua and Barbuda

Ex-Servicemen Association are reminded of the monthly meeting,

to be held on Tuesday 21 February 2017 at 5 pm, at the

Association`s Headquarters "Leah House" on Prime Minister`s

Drive. Please be on time or notify the Chairman on 720-0058,

PRO on 721-1970 or the Secretary on 723-3452.

Bring along your picnic blankets and folding chairs and enjoy

a relaxing evening on the lawn watching a movie or just

mingling with a bowl of delicious hot soup at the South Zone

Planning Committee of the Anglican Church's Pre-Lenten

Water Night and Movie on Friday, February 24, 2017 from

6 pm to 9 pm at All Saints Anglican Rectory Grounds, Matthews

Road, All Saints. The contribution is only $10. Patrons

will have a choice of various types of soups. There will

be Hot Dogs, Cupcakes, Popcorn and a bounce castle. Beverages

will also be on sale. Tickets are available from Parish

Priests and members of South Zone Planning Committee.

All registered members of the Antigua Barbuda Amateur

Bodybuilding & Weightlifting Federation please take note

that Election for the post of Vice President will be held on

4th March, 2017 at the ABI Financial Building, 2nd Floor,

Redcliffe Street, St John's, Antigua at 6:00 p.m. sharp.


Personal DNA Test Kit Delivered to your home or elsewhere

for $600 (Value $645) Gift Certificates available for

you friend, relative or co-worker. Call (268) 562-8048 or

Whatsapp 779-8544. Visit: Get

$50 off if you visit CJ at Power 100.1 FM in the ZDK building.

The fundraising post Valentines for Antigua & Barbuda Diabetes

Association is now rescheduled for Tuesday 21st February,

2017 from 4:00-6:00pm.


DA SCOUT ASSOCIATION Notice is hereby given, in

accordance with Section IV(4)(b) of the Constitution, that

the ANNUAL GENERAL MEETING of the Antigua and

Barbuda Branch of the Scout Association will be held at

Government House (located on Independence Avenue) on

Thursday 23rd February 2017 at 5:00 p.m. All Members are

invited to attend and to be punctual. Members are reminded

that subscriptions for 2017 are now due and payable.

The Social Security Board wishes to advise all self employed

persons that their declared earnings shall not be less

than the minimum wage, and are reminded that their Social

Security contributions rate remains at 10%.

Please be informed that the Sons & Daughters of Willikies, Inc.

will be having a general meeting on Tuesday 21st February,

2017 at 7:30 p.m. at the St Barts Centre. All Sons & Daughters

of Willikies are invited to attend. Do come and participate in the

2017 Reunion discussions.

Do you want to improve your posing techniques? The ABA-

BWF invites all athletes & prospective athletes to a posing

workshop on Saturday 25th February 2017 from 12-4pm at the

Xtreme Health & Fitness Gym. For more details contact us at

268 7640102/7285909.

14 c a r i b b e a n t i m e s . a g

Monday 20th February 2017

AGHS dominate Inter-

School Basketball

Senior Girls Division

By Carlena Knight

Antigua Girls High

continue to dominate in

the Senior Girls division

of the Cool and Smooth

Inter-School Basketball

League after adding another

victory to their undefeated

streak, this time trouncing

Princess Margaret, 26-14,

last Thursday at the JSC

Sports complex.

Thalia Aska was the

leading scorer for her team

with 10 points while Kahtalia

Valentine assisted with 9

points and 5 steals.

Britnay Gore had 12

points in a losing effort.

Buckleys Primary also

picked up a 9-4 victory over

St. John’s Catholic in the

Mini-girls Primary division.

Azairiah Henry led her

team to victory with 6 points

while teammate Julisia Caesar

chipped in with 3 points.

Mya McIntosh of St.

John’s Catholic made 3

points in a losing effort.

Monday 20th February 2017 c a r i b b e a n t i m e s . a g 15

Villa Primary to host Black

History Calypso Competition

By Carlena Knight

The Villa Primary School

is set to host its first annual

Black History Month Calypso

Competition under the

theme, ‘Shout it Out Loud!

We’re Black and We’re


The free admission event

will take place at the Villa

Primary School grounds

on Thursday 23rd February

starting at 4:30 p.m. and

will feature nine competitors

ranging from Grade 1 - Grade


Gavriel Henry aka Da

Likkle Messengah from

Grade 1, Jerome Evans aka

The Lyrical Weapon from

Grade 2, Nicholas Orr aka

The Mighty Orr from Grade

3, Tyara George aka Princess

Fiya of Grade 3, Shakira

Quinland aka Princess Shakira

of Grade 3, Tashyla Joseph

aka Singing Tash of Grade

4, Noah Yeboah aka The

Black School Boy of Grade

5, Adonijah James aka Little

Dab of Grade 5 and Joel

Lewis aka The Velvet King of

Grade 5 will sing their hearts

out in the hopes of capturing

the coveted title with original

songs that were written and

composed with assistance

from their teachers and calypsonians

from the community.

A number of prizes and

awards are up for grabs such

as gift certificates from Subway

and KFC and a grand

prize of a round trip for two

to any destination compliments

of LIAT just to name

a few.

The event is sponsored

by the Prime Minister of Antigua

Barbuda, Hon. Gaston

Browne, LIAT, Townhouse

Furnishings, Ahkimo, Cool

and Smooth, Brownie’s Bakery,

Kentucky Fried Chicken,

Subway and the Hell’s Gate

Steel Orchestra.

Informative, reliable, enriching!

Think you have a good news story; did you witness

anything that is news-worthy; did you take that

valuable picture; things happening in your community

but there is no outlet or voice for you? You can

earn just by telling your story.

Call Caribbean Times at (268) 562 8688



Reach us now with that breaking news!


Senior Manager

A well-established financial institution is seeking

to recruit a Senior Manager.

The Position/Job Profile

The successful candidate will be expected to

manage credit risk and total client relationships.

The candidate will be responsible to

lead the team of the collections department.

Essential Skills and Experience

Candidates must have at minimum a first degree

in Finance, Accounting or related discipline

from a recognized institution. A minimum

of 6 years experience in a financial

institution with management experience being

no less than 3 years. Technical competencies

in Microsoft products and the ability to use a

loan program. The candidate is also required to

have a good understanding of financial statements,

proven experience in collections and

credit analysis skills.

The successful candidate will possess excellent

written and verbal communication skills.

Strong negotiation skills. Excellent interpersonal

skills, the ability to work well with

a team, good work ethic strong integrity and


Applications inclusive of Resume can be sent


Vacancy: Senior Manager

The General Manager

PO Box 703

St Johns

Antigua W I

Or email

16 c a r i b b e a n t i m e s . a g

Monday 20th February 2017

13-year-old hospitalised

following accident

By Everton Barnes

A thirteen year old girl

has been hospitalized at the

Mount St John’s Medical

Centre with injuries sustained

in a traffic accident

on Sunday morning.

Police reports said the

teenager – Dechenelle Anthony

- was a passenger in

a motor vehicle driver her

mother – Dornell Anthony

of All Saints – when the

accident happened around

10:50 a.m. in the morning.

The mother told the

police that she was traveling

from north to south on

Matthews Road when her

vehicle started to shake violently

and that she had to

swerve to avoid an oncoming

vehicle. In doing so, she

lost control of the vehicle

and it struck a utility pole

and flipped over.

Her daughter’s injuries

By Joanna Paris

Independent Senator, Calvin

Parker has called on the

government to remain steadfast

in its undertaking geared

towards creating economic

stability despite international


Speaking during his contribution

to the 2017 Budget

debate in the Upper House

last Friday, Senator Parker

mentioned the current struggle

with the United States

with regard to the internet

gaming dispute and the issue

of de-risking. He said that the

country is poised for economic

progress and must therefore

remain confident with its policies

and strategies.

“Our response has to be

creative, innovative and bold

Madam President, because

unless we are brave enough

to take the big steps and make

were said to be ‘serious’ but

the mother and her 19-year

old son, who was also a passenger

in the vehicle were

treated at the hospital and


Senator Parker urges Government to remain

strong in spite of international pressures

the big decisions and try

something new, we will continue

to filter to the bottom

and be bottom feeders and we

as Antiguans and Barbudans

are not bottom feeders. We

are leaders and an aspiring

powerful country. As far as

I know too we have been at

the forefront of international

banking”, Senator Parker

pointed out.

He also advocated for active

participation in the decision-making


“I am calling on our people

to engage in what is happening,

to add their intellectual

capital to the development

of new instruments, new

ways, new methods o make

the country the best in the region”,

he emphasized.

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