Customs duties on Imports to the British Virgin Islands Reduced for the Next 3 Months
March 31, 2022 | Vision Newspaper |
Customs duties on all imports in the British Virgin Islands that are above 5% will be reduced for the next three months as of April 15.
Premier Andrew Fahie stated that the initiative is a move by his Government to ease the financial burden of the people in the British Overseas territory who are still grappling with a pandemic and more recently, the Russia Ukraine conflict.
He also stated that goods and services that currently have a duty of 5% or less will remain the same.
This Caribbean News Brief was produced by Ambassador Prof. Rev. Dr. Colin O Jarrett, Professor of Media Studies and Director of Media with Vision Newspaper. Reach Dr. Jarrett at jarrettcolin4@gmail.com.
