{"id":6003,"date":"2010-03-12T09:50:58","date_gmt":"2010-03-12T15:50:58","guid":{"rendered":"http:\/\/dominicanewsonline.com\/?p=6003"},"modified":"2010-03-12T13:29:49","modified_gmt":"2010-03-12T19:29:49","slug":"frances-action-to-blacklist-caribbean-countries-was-unfair-st-kitts-pm","status":"publish","type":"post","link":"https:\/\/dominicanewsonline.com\/news\/homepage\/news\/regional\/frances-action-to-blacklist-caribbean-countries-was-unfair-st-kitts-pm\/","title":{"rendered":"France&#8217;s action to blacklist Caribbean countries was unfair &#8211; St. Kitts PM"},"content":{"rendered":"<figure id=\"attachment_6004\" aria-describedby=\"caption-attachment-6004\" style=\"width: 200px\" class=\"wp-caption alignleft\"><a href=\"\/wp-content\/uploads\/2010\/03\/Douglas.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6004\" title=\"Douglas\" src=\"\/wp-content\/uploads\/2010\/03\/Douglas.jpg\" alt=\"\" width=\"200\" height=\"265\" \/><\/a><figcaption id=\"caption-attachment-6004\" class=\"wp-caption-text\">St. Kitts &amp; Nevis Prime Minister Denzil Douglas. *File photo<\/figcaption><\/figure>\n<p>The issue of Dominica being blacklisted by France was discussed as CARICOM heads met with World Bank President Robert Zoellick at the 21st intersessional CARICOM Summit currently ongoing.<\/p>\n<p>France named 18 nations as being uncooperative tax havens and threatened to impose higher taxes on French companies that have operations in those jurisdictions. Anguilla, Belize, Grenada, Montserrat, St Lucia and St Vincent and the Grenadines were the other Caribbean countries on that blacklist.<\/p>\n<p>Prime Minister of St Kitts and Nevis Denzel Douglas, who is on island, told a media interview last evening that France\u2019s action was unfair.<\/p>\n<p>According to him, Zoellick was told that he should use his contact and influence with France to ask for some flexibility in having the country revisit its position, before January 2011.<\/p>\n<p>\u201cI alluded to the situation where we have been given a target date of March 31<sup>st<\/sup> to achieve 12 agreements with the OECD countries and before we could achieve that, France imposed a black listing against and took punitive action against companies that may be doing business in the Caribbean,\u201d Douglas said.<\/p>\n<p>\u201cWe felt that it was unfair because several of us has already negotiated terms and agreements with France and we were waiting for France to give dates for signing those agreements and then one week before she took this unilateral action,\u201d he added.<\/p>\n<p>Meantime, Douglas says for small indebted countries to continue on their development agenda &#8211; especially in stabilizing the economies &#8211; the World Bank should use its position to assist in accessing concessionary terms in loans.<\/p>\n<p>He said the World Bank needs to be mindful of the vulnerabilities of small highly indebted middle income countries.<\/p>\n<p>He believes the economic transformation path is being made more difficult.<\/p>\n<p><em><strong>DNO CORRESPONDENT. <\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"The issue of Dominica being blacklisted by France was discussed as CARICOM heads met with World Bank President Robert Zoellick at the 21st intersessional CARICOM Summit currently ongoing. France named 18 nations as being uncooperative tax havens and threatened to&#8230;","protected":false},"author":15,"featured_media":6004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[18,14],"tags":[],"class_list":["post-6003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-regional"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>France&#039;s action to blacklist Caribbean countries was unfair - St. Kitts PM - Dominica News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dominicanewsonline.com\/news\/homepage\/news\/regional\/frances-action-to-blacklist-caribbean-countries-was-unfair-st-kitts-pm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"France&#039;s action to blacklist Caribbean countries was unfair - St. Kitts PM - Dominica News Online\" \/>\n<meta property=\"og:description\" content=\"The issue of Dominica being blacklisted by France was discussed as CARICOM heads met with World Bank President Robert Zoellick at the 21st intersessional CARICOM Summit currently ongoing. 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