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Monday, March 8, 2021
Home News Local News No Financial Compensation Paid to Belize, says Senator Phipps

No Financial Compensation Paid to Belize, says Senator Phipps

by Clive Bacchus

St Kitts and Nevis (WINN): The non-application of a common external tariff on sugar imported to St. Kitts and Nevis was due to an oral instruction from the Office of the Prime Minister in 2014, a year before the current administration took office.

Senator Wendy Phipps offered that explanation pertaining to the January 2021 out-of-court settlement with Belize over the nonapplication of a 40 percent tax on sugar from Guatemala and Honduras.

Belize sued Saint Kitts-Nevis, the Republic of Trinidad and Tobago, and CARICOM for treaty violation claiming Belize Sugar Industries Ltd. (BSI) and Santander Sugar were losing sales to these countries because of the non-application of a 40 percent external tariff.

Ms. Phipps was at pains to state that the settlement with Belize did not impose a financial penalty on the Federation but reiterated that as per the agreement the common external tariff is now in force for the importation of sugar from outside of Caricom.

 

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