PM departs country to meet with Cruise Lines in Miami

Monday, April 27^th, 2015. BMG: Over the weekend we reported that Prime Minister Hon. Dean Barrow left the country to meet with officials concerning two separate issues, particularly, the Stake Bank project and the banking sector crisis. PM Barrow is expected to return on Tuesday but during his visit, he will meet with officials from Carnival Cruise Line.

In a recent interview, Barrow had indicated that once he had met with Carnival concerning their position on the Stake Bank cruise docking facility project, he would then bring the disputing stakeholders from Stake Bank and the Fort Street Tourism Village to the negotiating table and chart a definitive way to resolving the issue.

Other points on his agenda is to meet with officials concerning corresponding relations with financial institutions in Belize as some, including the Belize Bank, have already started feeling the effects of US policy toward jurisdictions. It was reported that the US has listed Belize as harmful tax haven.

Two weeks ago at the Summit of the Americas in Panama, US President Barack Obama pledged to Caribbean leaders that he would have the policy reviewed and see where some relief could be brought to the region.

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