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The Governor of the US Virgin Islands (USVI), Albert Bryan Jr has requested an emergency session with his legislature to discuss imposing a 25% tariff on imports from the British Virgin Islands and introducing travel fees for non-residents crossing between the two territories.
According to an article published by the VI Consortium yesterday, the proposal, which aims to address economic imbalances and protect local businesses, was revealed in a letter sent to Senate President Milton Potter.
“This discussion is crucial to ensuring fair trade and economic stability for the U.S. Virgin Islands,” Bryan stated. “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,” he argued.
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