Two CARICOM Member States removed from EU list of non-cooperative jurisdictions

Friday, May 25, 2018 — EU Council removed the Bahamas and Saint Kitts and Nevis from the EU’s list of non-cooperative tax jurisdictions.

The EU’s list is contributing to on-going efforts to prevent tax fraud and promote good governance worldwide. It was established in December 2017.

“Having fewer jurisdictions on the list is a measure of the success of the listing process”, said Vladislav Goranov, Minister for Finance of Bulgaria, which currently holds the Council presidency. “As jurisdictions around the world work to reform their tax policies, our challenge for the rest of the year will be to see that their commitments have been correctly implemented.”

The list is contained in annex I of conclusions adopted by the EU Council in December 2017.

The Bahamas and Saint Kitts and Nevis have made commitments at a high political level to remedy EU concerns. EU experts have assessed those commitments.

Read more at: Organisation of Eastern Caribbean States

CARICOM Regional Statistics Strategy advances to Heads of Government

Ministers responsible for CARICOM Affairs have recommended that the Strategic Framework of the CARICOM Regional Strategy for the Development of Statistics (RSDS) be placed before CARICOM Heads of Government in July for endorsement.

The recommendation came after the Ministers deliberated on the Strategic Framework of the CARICOM RSDS during the Forty-Second Meeting of the Community Council of Ministers (Council) in Georgetown, Guyana, on 18 May, 2018.

Also to be placed before the Heads of Government for endorsement are the next steps such as the development of a comprehensive implementation plan for the RSDS. The plan will include costing, a Resource Mobilisation Strategy, a Monitoring and Evaluation Framework and an Advocacy and Communication Strategy.

The RSDS should play a strategic role in strengthening statistics in the Region and improving its availability for evidence-based decision-making. It constitutes a shared foundation upon which statistical capacity will be developed. (more…)

Caribbean Fisheries Ministers endorse protocol for securing small-scale fisheries

BELIZE CITY, BELIZE, WEDNESDAY, 23 May 2018 (CRFM)—Fisheries Ministers have endorsed a newly drafted protocol on Securing Sustainable Small-Scale Fisheries in the region. The endorsement came at the recently concluded 12th Regular Meeting of the Ministerial Council of the Caribbean Regional Fisheries Mechanism (CRFM), held in Montserrat on Friday, 18 May, 2018,

CRFM Executive Director, Milton Haughton, noted that small-scale fisheries are the mainstay of the fisheries industry, both in the Region and around the globe. He said that small-scale fisheries account for more than 95% of fisheries in CARICOM and are vital for food security and employment, particularly in coastal communities. Globally, it accounts for 90% of all the fisheries produced, Haughton said.

He explained that the Protocol had been developed within the framework of the Caribbean Community Common Fisheries Policy (CCCFP), accepted by CRFM Member States in 2014. The protocol, which addresses principles and standards for securing and strengthening small-scale fisheries, is the first protocol under the CCCFP, he added.

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Rich variety of life on earth essential – UN SG marking biological diversity day

The welfare and prosperity of people now and in the future, depends on a “rich variety of life on earth” said United Nations Secretary-General António Guterres in his message for the International Day for Biological Diversity, marked on Tuesday.

Since December 1993, when the Convention on Biological Diversity entered into force, its parties have acted to conserve the earth’s flora and fauna, in a sustainable and fair way, said the UN chief.

“Achieving these objectives is integral to meet our goals for sustainable development,” Mr. Guterres stressed, underscoring the importance of protecting, restoring and ensuring access to ecosystems to eradicating extreme poverty and hunger: Goals 1 and 2 of what are known as the Sustainable Development Goals (SDGs).

To mitigate climate change, he notes that deforestation and land degradation must be reduced while at the same time, enhancing carbon stocks in forests, drylands, rangelands and croplands.

He said it was also critical to protect the biodiversity of forests and watersheds to support clean and plentiful water supplies.

Read more at: United Nations News