(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) The Caribbean Community (CARICOM) strongly objects to the recent labelling of some of its Member States by the European Union as Non-cooperative tax jurisdictions, CARICOM Secretary-General said Wednesday, 12 December, 2017.
He was at the time accrediting a new Ambassador of France to CARICOM, His Excellency Antoine Joly at the CARICOM Secretariat in Georgetown, Guyana.
The Secretary-General urged France to leverage its influence for the EU to desist from “taking such arbitrary and punitive actions against,” those CARICOM Member States it had blacklisted. Those countries, he emphasised, have not been so labelled by the relevant regulatory authorities such as the Financial Action Task Force and the OECD Global Forum.
With just a few months left before the Regional Energy Efficiency Building Code (REEBC) is taken to the Council of Trade and Economic Development (COTED), Caribbean energy experts are confident that Member States will accept the code that has been developed after a series of regional consultations.
Speaking at the final Regional Project Team (RPT) meeting for the CARICOM Regional Energy Efficiency Building Code (CREEBC) in Suriname, Mr. Norbert Churchill, Chairman of the Regional Project Team, noted that there was an urgent need for the Region to accept and implement such a code. He highlighted the recent catastrophic hurricanes that battered the Region and explained that Regional leaders agreed that it was time to establish policies, standards and codes that would help to strengthen the resilience of the Caribbean.
According to World Trade Organisation (WTO) guidelines, any standard developed is a voluntary document so it is the responsibility of the Member State to adopt and implement accordingly.