Governor Albert Bryan Jr. has formally requested an emergency meeting with the Virgin Islands Legislature to discuss the implementation of tariffs on goods imported from the British Virgin Islands (BVI) and the introduction of entry and exit fees for non-Virgin Islanders traveling between the two territories.
In a letter to Senate President Milton Potter, Governor Bryan emphasized the urgent need to address economic imbalances, protect local businesses, and ensure the Virgin Islands maximizes its revenue potential from cross-border commerce and travel. The proposed tariffs could be set at 25% or higher, and travel fees would apply to non-residents entering or departing from the territory via the BVI.
“This discussion is crucial to ensuring fair trade and economic stability for the U.S. Virgin Islands,” said Governor Bryan. “For too long, we have experienced economic leakage and inconsistencies in our trade relationship with the BVI. It is time we take decisive action to protect our local industries, generate revenue for essential services, and create a more balanced regulatory framework.”
Governor Bryan has urged the Legislature to convene as soon as possible to deliberate on these proposals. His administration stands ready to provide data and impact assessments to guide the discussion and ensure that any policy changes serve the best interests of the territory.
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