The Sixty-Sixth Meeting of the OECS Authority was held at the Beachcombers Hotel, St. Vincent and the Grenadines, on October 23rd 2018, under the Chairmanship of Dr. the Honourable Ralph Gonsalves, Prime Minister of St. Vincent and the Grenadines.
Heads of Government and Representatives of Government in attendance included:
Honourable Gaston Browne, Prime Minister of Antigua and Barbuda, Honourable Francine Baron, Minister of Foreign Affairs and CARICOM Affairs, Commonwealth of Dominica (representing Prime Minister of the Commonwealth of Dominica, Dr. the Hon. Roosevelt Skerrit), Dr. the Right Honourable Keith Mitchell, Prime Minister of Grenada, Dr. the Honourable Timothy Harris, Prime Minister of St. Kitts and Nevis and Honourable Allen Chastanet, Prime Minister of Saint Lucia.
During the meeting several topics were discussed including CBI programs including OECD listing CBI programs on CRS list. The official statement is below
CITIZENSHIP BY INVESTMENT
The Authority received a report from OECS Ambassador-designate to Brussels, Sharlene Shillingford-McKlmon, which inter alia addressed the recent statement by the Organisation for Economic Co-operation and Development (OECD) on Citizenship by Investment (CBI) and Residency by Investment (RBI) Programmes.
The Heads engaged in extensive discussions on the matter, noting the unreasonableness of the OECD position, and resolved to undertake comprehensive reviews of the respective CBI and RBI Programmes to ensure that areas where they may be limitations are identified and strengthened.
