AMENDMENT TO LIMITED PARTNERSHIPS BILL PASSED IN COMPLIANCE WITH INTERNATIONAL LAW

Basseterre, St. Kitts, September 3, 2019 (SKNIS): As part of the progress towards deeper international relations, the Government of St. Kitts and Nevis has amended the Limited Partnerships (Amendment) Bill, 2019, in accordance with the Global Forum on Transparency and Exchange of Information for Tax purposes.

Prime Minister of St. Kitts and Nevis, Dr. the Honourable Timothy Harris, in addressing Parliament on Tuesday, September 3, said that, “we in St. Kitts and Nevis have committed that we will do all that we can to ensure that our Federation is not blacklisted.”

Prime Minister Harris went on to say that, “these are the things (amending local legislations in accordance with international laws) that the global and international community has determined is required for them to have some confidence [in the Federation].”

In the regular assessments of the Federation, international regulatory organizations determined that St. Kitts and Nevis is a very responsible member of the community and have assessed the Federation to be largely compliant with the obligations outlined, the prime minister said.

Prime Minister Harris continued by saying that, “We want to continue that legacy now that we are creating responsible membership in an international community … because the success to which the Foreign Affairs Minister spoke about, in having the Canadian Government being more responsive to the government and people of St. Kitts and Nevis has only come because they see us as being responsible.”

Prime Minister Harris ended by saying that the reputation of the Federation has been enhanced to the point where the Canadian Government has come to St. Kitts and Nevis to eliminate the cost of travel of about 250 visa applicants for interviews and biometrics, showing that the federation has made remarkable progress.

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