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.

Sunday, November 20, 2016

UK Officials and British Overseas Territories Discussed Brexit


During the annual Joint Ministerial Council which was held in London, the leaders of the British Overseas Territories including British Virgin Islands met with UK officials and discussed several issues including Brexit. The UK government has noted that the Brexit referendum results will not change the position on sovereignty between the UK and its overseas territories.

The JML was also attended by the parliamentary under-secretary at the department for exiting the EU who said that the UK would involve the British Overseas Territories in the Brexit talks.

British Overseas Territories leaders will also have a special JMC Brexit meeting in London in the first quarter of 2017, before the UK invokes Article 50 of the Lisbon Treaty.

Along with Brexit issue, there were many other topics were discussed including self-determination, pensions, human rights, corruption, environment and government infrastructure.

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