‘I wouldn’t invest one red cent in Gaston Browne’s Antigua’

Thursday, June 30, 2016

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Dear Editor,

The article by Loop News in the Jamaica Observer titled ‘Why Caribbean governments must do a better job with investors’ said it all.

In time, the prime minister of Antigua and Barbuda, Gaston Browne, will have to explain to his voters why he has taken the decision to withdraw a 2009 concession agreement signed with Sandals Antigua by the previous Government.

He also accused Sandals of failing to pay over agreed taxes, but after slandering the hotel’s name offered not a single shred of evidence to support his allegation. What kind of prime minister is this?

Loop News correctly pointed out that: "In the main, Caribbean economies are contracting and there is a greater need for Foreign Direct Investment. This helps to address unemployment and aids gross domestic product.

"The smaller economies of the Caribbean are particularly vulnerable with the governments unable to provide an absorber to the shocks that continually buffet its shores. All the more reason, therefore, to work closely with investors and ensure that businesses are adequately able to function."

I couldn’t agree more with those sentiments. I’d be afraid to invest one red cent in an Antigua run by Gaston Browne.

Trevor W Sterling

Tortola, British Virgin Islands

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