UK agrees to consider BOT concerns over Brexit

| 07/02/2017 | 13 Comments
Cayman News Service

Special JMC meeting in London, Feb 2017

(CNS): The Cayman Islands premier says that the British government has agreed to take under consideration the priority areas identified by the British Overseas Territories (BOTs) when it begins the negotiations with the European Union. Premier Alden McLaughlin is in London for a special Overseas Territories Joint Ministerial Council, where ten territory leaders and British officials discussed ‘Brexit’. Describing the meeting Tuesday as “promising”, he said the UK needed to continue to fulfil its commitment to represent and support the financial services industries within the BOTs, which is one of the main concerns for Cayman.

According to a release from the premier’s office, the meeting covered a range of issues, since the territories have very different priorities and concerns, as some are dependent on the EU for their exports and others for aid, while Cayman wants to ensure that the UK maintains a voice within the EU on financial services matters.

The meeting covered international trade, including access to the EU single market and financial services, free movement within the EU by BOT citizens, and the future of the current EU funding available to BOTs.

McLaughlin pointed out that BOTs with financial services businesses have been placed on several European ‘black or grey lists’ and it was important that the UK continues to be a moderating voice both before and after its exit from the EU when these conversations start. He said this was particularly important now that Cayman and other BOTs have done so much to advance the cause of cooperation on tax avoidance and anti-money laundry initiatives.

“This initial JMC on European negotiations was promising. The UK committed to taking under consideration the priority areas identified by the OTs during its ‘exit negotiations’ with the EU,” said McLaughlin.

The meeting was co-chaired by Baroness Anelay, the overseas territories minister. Robin Walker, MP, the parliamentary under-secretary of state at the department for exiting the European Union, opened the meeting with an overview and update on the preparation before the UK triggers Article 50 by the end of March, as well as plans for future engagement between the overseas territories and the UK.

It was agreed that the Joint Ministerial Council would meet again in June to continue dialogue on areas of mutual interest, as the UK begins to negotiate its exit from the European Union.

Other UK officials included Lord Price CVO, International Trade minister, Lord Bates; the International Development minister and the Home Office’s Deputy Director for EU Exit Immigration Policy, Mark Doran; and Alex Ellis, the Director General at the Department for Exiting the European Union.

As well as McLaughlin, BOT leaders from Anguilla, Bermuda, the British Virgin Islands, the Falkland Islands, Montserrat, Pitcairn Islands, St. Helena and Ascension, Tristan da Cunha, and the Turks and Caicos Islands were at the meeting.

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Category: Politics

Comments (13)

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  1. Anonymous says:

    How did someone from Star Trek get in the photo? Captain Kirk is back to save us all?




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  2. Cayman Biting Ants says:

    Anon 930am you better hush before the VHF expert get on here crying bout Mckeewa again. Remember what Aldon said “they are here for us” This is their Financial industry remember their fore fathers went to Sea on National Bulk and tankerships and sent monies back to Cayman to feed us and they help set up the first bank Cayman savings Bank it was all them. It was all them alone that put the first legislation in place to make this industry and now they are rewriting of tourism industry too. We never did anything according to some of the Driftwood that wash up here after several bad storms.




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  3. Anonymous says:

    Promises promises promises are a comfort to ?




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    • Anonymous says:

      Remember England don’t give, they take, they didn’t help to develop these Islands, but now that we have something they are here to take, even after hurricanes, ivan/Ploma they gave nothing.




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      • Anonymous says:

        keeping up the myth that the UK did not offer to help after Ivan is pointless-Mac refused the help, that’s documented. Chip on your shoulder?




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  4. Anonymous says:

    The data this week showing graphically the correlation between poor education and voting Leave was shocking. It is clear that this issue was decided by those too stupid to understand anything past “foreigners are taking my job”. Basically the UK equivalent Ezzard voters.




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    • Anonymous says:

      6:05 am, you should go back from where you came from.




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    • Anonymous says:

      Don’t leave out the big brother to the north. We have some real idiots running this time here on the rock. I heard one yesterday on the radio show, all I could say was God deliver us from stupidity!! He had the shameless audacity to declare ” I am no genius ” that was refreshing to know, duh!!




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    • Anonymous says:

      So because citizens and legal residents of the UK don’t possess higher level education makes them idiots? Whoa so much for bigotry being dead. The Government proposed and carried out a referendum, citizens voted, the rest is history. How about getting on board and assisting rather than crying or feeling butt hurt.




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      • Anonymous says:

        I don’t believe the writer said anything about the U.K. Citizens are Idiots because they don’t possess higher education. You are doing pretty well on making the case though.




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      • Anonymous says:

        Please stop with that ridiculous “butt hurt” phrase. Populist need to spout more than butt hurt and snowflake every time they feel like, well, a butt hurt snowflake




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      • Anonymous says:

        There is a definite correlation between poor education and stupidity.




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