Barbados Prime Minister, Owen Arthur has called for the establishment of a
new agency to deal with issues arising from cross-border taxation within the
United Nations.
Arthur expressed his view on Tuesday during a courtesy call from UN Secretary
General, Ban Ki-moon, at the Barbados Government Headquarters. Arthur said that
cross border taxation issues were becoming more important as countries moved towards a global economy. He acknowledged the existence
of a committee at the level of the UN, but advocated that its work should now
be at the level of an agency.
He pointed out that Barbados did not want to be used for tax evasion or money
laundering, but wanted to participate in legitimate business with international
tax corporations. He said the country was therefore keen to work with the UN
on matters related to international tax corporations.
During the discussion, the Prime Minister also stressed the importance of middle
income countries being recognised for their successes by the global community.
He argued that whilst lesser developed countries must continue to be given attention,
there was an “inefficient distortion” of the flow of resources which
needed to be re-examined.
Arthur suggested that middle income countries should not be penalised for their
achievements, but rather, they should be seen as ‘change champions’,
and should be involved in strategic alliances which would be enriching.
According to the government, the Secretary General concurred that middle income
countries should be recognised for their achievements, and admitted that he was
“fascinated” by the level of development reached by Barbados, and
its ability to overcome challenges such as extreme poverty.
The talks also focused on the technical assistance that could be offered
by the UN for the regional integration process.