Published 24 December 2018
Buckie Got It, St. Kitts and Nevis News Source
FOREIGN MINISTER OF ST. KITTS AND NEVIS CRITICIZES EU’s ‘BLACKLISTING’ LABEL OF SMALL ISLAND DEVELOPING STATES
Basseterre, St. Kitts, December 22, 2018 (SKNIS): Minister of Foreign Affairs of St. Kitts and Nevis, the Honourable Mark Brantley, has criticized the European Union (EU) for its blacklisting of countries as non-cooperative jurisdictions for tax purposes and said that the EU’s treatment of small island developing states is “unconscionable behaviour on the part of those who are rich and powerful against those of us who are poor and vulnerable.”
Speaking in the National Assembly on December 19, 2018, where several amendments were made to Acts to meet an EU compliance date of December 31, 2018, because the European bloc deemed St. Kitts and Nevis as a country with harmful tax practices, Minister Brantley said that “St. Kitts and Nevis together has a robust financial services sector.”
