US Treasury Secretary Paul O'Neill signed a new agreement last week with Antigua's and Barbuda's Prime Minister and Minister of Finance Lester Bird. The pact, which follows the same pattern as the pact with the Cayman Islands and the US which was signed last month, provides for the exchange of information on tax matters between the two countries.
At the signing ceremony, O'Neill said: 'I would like to thank you all for being here today and I want to welcome especially the Prime Minister of Antigua and Barbuda, Lester Bird, and the other members of the Antiguan delegation who have traveled here today to witness the signing of this important agreement.'
He added: 'The agreement we are signing today provides continuing evidence of our commitment to establishing and maintaining effective information exchange relationships with countries across the Caribbean and throughout the world. I want to extend my sincere appreciation to the government of Antigua and Barbuda for demonstrating its desire to cooperate with the United States in our efforts to ensure adequate enforcement of our tax laws.'
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