PM to hold talks with European Commission officials in Brussels

NASSAU, BAHAMAS – Prime Minister Dr. Hubert Minnis will travel to Brussels, Belgium today, to hold bilateral talks with high-ranking officials of the European Commission.

A statement released last night from the office of the prime minister outlined that discussions will focus on matters relating to the fulfilment by The Bahamas of its commitments to the EU, and how those commitments will be implemented by the financial services sector of The Bahamas.

The statement further outlined that the prime minister will be promoting recent initiatives by the Government in the financial services sector, and he will outline recently passed legislation and a new framework aimed at strengthening industry regulations and protecting the financial services’ competitive edge as a leading international financial centre.

“The Government is working diligently and in cooperation with industry stakeholders to do everything possible, in keeping with our national interests, to protect the financial services sector, while adhering to global standards,” said Dr. Minnis.

Attorney Carl Bethel; Viana Gardiner, COO PMDU; Stephen Coakley Wells, advisor to the Minister of Finance; Wendy Warren, CEO, Caystone Group; Michael Paton, Partner, Lennox Paton; and a team of advisors will accompany the Prime Minister to Brussels.

Dr. Minnis and his delegation will return to Nassau on Wednesday, Jaunary 16.

Deputy Prime Minister Peter Turnquest will act as prime minister in the Prime Minister’s absence.