Guernsey, Jersey To Accelerate Economic Cooperation

by Jason Gorringe, Tax-News.com, London

17 November 2009

At a joint meeting held in Jersey on November 10, high level officials from Guernsey’s Commerce and Employment Department and Jersey’s counterpart department sanctioned acceleration in the scale and pace of pan-island working in a number of key policy areas.

The two delegations recognized that, in the current global economic downturn, the two jurisdictions need to work together in order to counter the threats to the economic prosperity of the Channel Islands. Ministers agreed a political framework that will allow officers to develop joint policy responses in the areas of competition and regulatory services, tourism, aircraft registry, and the development of an ombudsman service that could safeguard the interests of all islanders. It was also agreed that the meeting would be the first of a series of quarterly forums that would monitor progress on these specific policy areas. Political approval to accelerate the pace and scope of policy development will signal the start of consultation with businesses and individuals.

Carla McNulty Bauer, Guernsey Minister for Commerce & Employment, said: “Commerce and Employment and Economic Development are now looking to transform these aspirations for Pan Channel Island cooperation into actions. There will clearly be challenges ahead, but I am confident we have the necessary political commitment and will to cooperate for our mutual benefit”.

A follow-up meeting will take place in Guernsey in March 2010, where ministers will evaluate progress made.

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