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Barbados: No need for panic over Brexit

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Wednesday, 28 September 2016

Barbados: No need for panic over Brexit

Minister of Finance Chris Sinckler says there’s no need for Barbadians to panic over the United Kingdom’s decision to exit the European Union (EU). “We ought not to run around like headless chickens snatching, sneering or grabbing at every other type of negative potential fallout from the exit of the UK from the European Union,” said Sinckler, who also emphasized that “before there was the European Union there was a Great Britain”. Addressing the opening of the Domestic Financial Institutions conference at the Lloyd Erskine Sandiford Centre, he pointed out that “Britain is one of, if not our greatest partner internationally. “We have strong, resolute, historical links with the UK and long may that continue. What we do is to position ourselves. As we have said many years ago, . . . we are friends of all and satellites of none, so we will work with the UK, in or out of the European Union, and do so to the eternal benefit of people on both sides of the Atlantic because that has been our history,” he stressed. Noting that Barbados was a preferred destination for British travelers, as well as those seeking a second home abroad, Sinckler said the two countries also shared strong social and cultural ties and worked closely with each other in relation to national security issues.

Source: barbadostoday.bb