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McClean addresses de-risking, SDGs at UN

McClean addresses de-risking, SDGs at UN

Minister of Foreign Affairs, Maxine McClean, has taken Barbados’ concerns over de-risking on correspondent banking activity to the United Nations General Assembly (UNGA). In her address to the 71st session of the UNGA this afternoon, McClean said “the negative impacts of the economic and financial decisions of international financial and other institutions”, as well as “persistent […]

Barbados wary of Panama Papers threat

Barbados wary of Panama Papers threat

Three weeks after the release of the so-called Panama Papers placed the global offshore financial services industry under more intense scrutiny, Barbados is undertaking a review of its own international financial services sector to counter the perception that the island is a tax haven. Minister of International Business Donville Inniss, in making the disclosure, said […]

Fresh talks

Fresh talks

Barbados is preparing to start a new round of negotiations on its maritime boundaries. Minister of Foreign Affairs and Foreign Trade Maxine McClean made the disclosure in the Senate this morning while leading off debate on the 2015-2016 Estimates of Revenue and Expenditure. McClean, who is leader of Government Business in that Chamber, revealed that […]

Japan to establish embassy in Barbados

The Government of Japan is moving ahead with its preparations to establish a Permanent Mission in Barbados by January 2016. Japanese Ambassador Yoshimasa Tezuka updated Minister of Foreign Affairs and Foreign Trade Senator Maxine McClean on the move today during a courtesy call at the Ministry’s Culloden Road, St. Michael, location. Senator McClean welcomed the […]

Bim to benefit from CELAC/China initiative

Bim to benefit from CELAC/China initiative

Barbados is in line to benefit from billions of dollars in investment opportunities, over the next decade, under a new initiative between the Republic of China and Latin America and the Caribbean. Minister of Foreign Affairs Senator Maxine McClean highlighted this yesterday, following her attendance at the first ministerial meeting of the Community of Latin […]