The Government of the Virgin Islands has begun discussions with the United States Virgin Islands (USVI) administration regarding the proposed 25% tariff on goods imported from the BVI.
In a statement addressing the issue, Acting Premier and Minister for Communication and Works, Hon. Kye Rymer, assured residents that constructive dialogue has commenced with USVI Governor Albert Bryan Jr.’s administration to resolve the matter in the best interest of all stakeholders.
“We reaffirm our government’s commitment to maintaining the strong familial and economic ties that bind the VI and USVI,” Rymer said. “These ties are rooted in mutual respect, shared history, and a spirit of collaboration.”
Governor Bryan recently requested an emergency session of the USVI Legislature to discuss imposing a 25% tariff on imports from the BVI and introducing entry and exit fees for non-Virgin Islanders travelling between the territories. The move comes in response to the BVI’s proposed increase in fees for USVI-based yacht charters, which industry stakeholders argue could negatively impact cross-border business.
While the details of the discussions have not yet been disclosed, Hon. Rymer reassured the public that the BVI Government is prioritizing the protection of local businesses and residents. He emphasized that open communication and good governance will be key in addressing concerns.
“As discussions progress, we will provide timely updates to ensure clarity and reassurance for all residents,” he added.
Rymer stressed its dedication to fostering a collaborative environment that supports sustainable growth while strengthening relations with its USVI neighbours.
Residents are encouraged to stay informed through official government channels as negotiations continue.