British Virgin Islands Business News

The analysis of the latest events in BVI and worldwide, affecting BVI business environment; facts and statistics on BVI International Business Companies involved in global business activities.

Saturday, December 07, 2013

UK Ministers Discussed Business and Investment Issues with Overseas Territories' Leaders


In the end of November, UK ministers and leaders of UK Overseas territories including BVI participated at the annual Overseas Territories Joint Ministerial Council which took place in London.

During the event, the UK and Overseas territories’ governments agreed on setting out further steps to promote business, trade and investment opportunities. They also agreed to co-operate in the spheres of education, environment and energy, as well as governance and security issues and international financial services regulations

The UK Minister for Overseas Territories Mark Simmonds commented on the meeting: “I was delighted to host this year’s Joint Ministerial Council and greatly valued my discussions with the leaders of the overseas territory governments. There was a real sense of progress towards our shared ambition for the Territories as vibrant and flourishing communities. We are working together to support economic growth and job creation and to demonstrate that the territories are among the best places in the world to do business.”

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