PM suggests ‘wait and see’ approach to Brexit

Prime Minister Freundel Stuart has said that the Caribbean will have to wait and see whether the UK’s vote to leave the European Union (EU) will have any major impact on the region.

Fifty-two percent of voters were in favour of leaving the EU while 48 percent voted to remain in Thursday’s referendum.

Stuart, who expressed surprise at the decision, said he does not think that the region should become “too anxious” because the dismantling process will take about two years.

“In the short term I do not think so, but clearly, given the close relationship between Barbados and the United Kingdom, our heavy dependence on British tourism, and the fact that we have an international business sector that benefits from British investment as well, we have to wait and see what will happen over the medium to long-term,” he said.

Stuart acknowledged that there would be some currency shocks, but stressed that once those had passed the pound would regain its place.

“I think we have to monitor the situation and if we are required as a result of reverberations felt here in Barbados to make any adjustments and to adapt to any new realities, we should stand ready to do so.  But it is not an occurrence which we can afford to ignore.

“Britain is still a major power in the world and the bilateral relationship is a very strong one, and we therefore have to monitor any potential changes.”

Stuart noted that the UK had been a part of the European Union for 43 years, and therefore one would have thought that the British would have found it difficult to make a decision to sever those ties.  He stated, however, that the decision had been taken and one had to adjust to that new reality.

He added that with the presence of the United Kingdom in the European Union, Caribbean officials were certain that on critical issues they would have a voice on which this region could rely.

“To the extent that they are not going to be at the table in the European Union that voice will be missing, although I do not envisage that because the United Kingdom is disengaging from the European Union, that the disengagement will be such that they will have nothing to do with the European Union at all…,” he ssaid.

The Prime Minister added that the Caribean also had its own experiences with referenda and integration movements. He recalled 1962 when the 10-member West Indies Federation was dismantled after a referendum held in Jamaica.

Source: BGIS

16 Responses to PM suggests ‘wait and see’ approach to Brexit

  1. jrsmith June 25, 2016 at 2:15 pm

    Just up your street Mr, Priminister , wait and see , try this try that your government..

  2. Cheryl A Rollins
    Cheryl A Rollins June 25, 2016 at 2:21 pm

    The shoe is now on the other foot. England has been bullying other people for centuries. Goodluck you will need it as the months roll on.

  3. Alex Alleyne June 25, 2016 at 2:38 pm

    This is why BARBADOS has become a face at the bottom of the well . The “wait and see” approach is the hall mark of this PM. Barbados has no plan , no vision , i wonder what it’s going to be like 20 years from now with people in position thinking like he is.

  4. Sunshine Sunny Shine June 25, 2016 at 3:03 pm

    Of the all the things that the PM is to me, when he is right, and I will say he is right. What are Barbados and the PM to do in the early stages of England’s exit from the EU? The full effects of the 51% of idiots who voted to be out of the EU will be known in a few months time. So the PM is right on this occasion. We must first wait and see.

  5. Veroniva Boyce
    Veroniva Boyce June 25, 2016 at 3:03 pm

    Not even Cameron could cope after he jumped into deep water without a jacket. The man did not even had a plan in place in the event the immigrant haters voted LEAVE. He’s under starters orders to make a run for the hills and leave the mess for one of his colleagues to clean up.
    The fat soon hit the fire and when it does all those who voted to LEAVE will have to shut up and put up. The Brits have always had a short memory.

  6. dave June 25, 2016 at 4:14 pm


    ha !
    Steupse !!

  7. BaJan boy June 25, 2016 at 4:15 pm

    The man want he sleep. By the time he wakes everything would have gone by even Barbados..Don’t know why Sunshine gone sleep with him..
    One would have been listening to hear what meetings were planned with stake holders to dispel any possible disquiet espesially in the tourism and the off shore sectors. Also any plans for any possible fall outs based on the sudden decline in currency.
    Then again this lot have always been reactive when not involved in sinister activity.

    • Sunshine Sunny Shine June 26, 2016 at 12:53 pm

      Bajan boy. Tell me what will the PM is supposed to do a few days after the vote. Tell me what course of action he would have to take when the speculation surrounding Britains exit is base on speculation and assumptions.

      As we speak, they are those who are asking for the decision of Britains to be reverse base on the fact that they just went along believing that joining the EU is responsible for their immigration problem and believing Nigel Farage’s rant and rave that England is better without the EU.

      They did not even fully understand what the European Union meant or entail.

      That is why the followers after voting then flooded Google with searches on what the EU means.

      You of all people should know the SSS bitterly oppose the nonsense perpetuated by the PM, but I am not none of those people who oppose just for opposing sake. The man is right; one must wait first to see how the tide will turn. There is nothing more he or anyone can do at this time besides speculate and assume.

      Tell me what should the PM do that he is not doing that you think he should do that makes you right and he wrong?

  8. Sharon Woolley
    Sharon Woolley June 25, 2016 at 4:21 pm

    Veroniva Boyce We coped fine before we joined the EU we will be fine now and the sooner Cameron goes the better, he’s not quite as bad as your Pm, but he’s not far behind

  9. Santini More
    Santini More June 25, 2016 at 4:46 pm

    Bye bye Scotland & bye bye Northern Ireland. The UK will be no more, it will be ‘Little England’ in size as well as mindset…Good luck to you guys!

  10. Joel C. Payne
    Joel C. Payne June 25, 2016 at 7:14 pm

    @Sue…. RIGHT. In the U.S. we’re going to deliver a powerful message to the Democrat Party and Republicans too…

  11. J. Payne June 25, 2016 at 8:50 pm

    If he doesn’t know what to do, what he needs to start doing is DECIDE what Barbados want sin any new trade deals with the UK because since the UK is leaving the E.U. those laws may not govern Barbados–UK trade any longer. Barbados may need to enact one set of laws for the EU and another set for the UK market going forward. That’s what he needs to get busy and do.

  12. J. Payne June 25, 2016 at 8:51 pm

    *laws = treaties rather.

  13. jrsmith June 26, 2016 at 10:24 am

    If Barbados and the region showed the type of concern 2 decades ago , thats shown for the now issue of the (UK) people regaining they heritage and democracy, we all in the region would be in a very strong position..

    Barbados as an island people and so educated , has allowed ourselves to have acquired a backward position by our politicians that we have no idea what it feels like moving forward.

    Everything from our government is negative and our problem isn’t the issue of the (UK) leaving the (EU) thats political excuse again being used to deflect from the fact (we as a nation is so badly manage (its driving our people to become criminals ).. The bigger issue for us at the present time, is not the few thousand people that might not visit Barbados but the frightening thought of the amount of guns infesting our island…

    The (EU) wasn’t any benefit for us they made life hard for the little our region try to export to them, they made sure the (Commonwealth) was never really linked to the (EU)..

    My conclusion how could a country the (UK)(Great Britain) reign over more than 1/3 of the world for decades and at this present time is running scared because the democratic process of the people upset the crooked establishment, also giving so call not trustworthy financiers a bloody nose.

    This vote was an inevitable happening ,was only when.. only when to leave a club of 28 countries most of whom is poor , with high employment , low wages, bad economies most of them broke and covered with right wing political activist…they need us we don’t need all those people who voted stay, are you all sad sitting behind , your , Porsches, Mercedes, Audis ,Volkswagen, Volvos, Peugeots , Citroens , Ferraris …Amen…

  14. Sherlock Holmes. June 26, 2016 at 2:51 pm

    SSS, i totally agree with your comments, but here is where i disagree with you, responding to a JA of the likes of BajanBoy,you seriously erred there.

  15. dave June 26, 2016 at 6:47 pm

    Some people need to deal with the issues and stop trying to insult their way out. The Ad hominem need to stop. Those who do so expose themselves and come over as pompous and arrogant in their approach. All of us are made in the image of the Father and when we seek to insult others and dismiss persons because they have a divergent view, we insult and dismiss ourselves. We need to stop the blind loyalty that supports every little folly regardless of how absurd it might be. Then such persons would dismiss others as lacking intelligence and calling such persons by all sorts of derogatory names. Is this what Errol Walton gave us free secondary and tertiary for; to lord over others and see ourselves as more intelligent than everybody else and to look down our noses at others. Each person has a role to play and that role should not be devalued because some people feel that they are more intelligent and better than others. Says a lot about such persons of whom I am not impressed at all . Shame on dem !!


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