Tortola, BVI — In a surprising turn of events, Governor Bryan, who previously supported the current BVI Administration during the recent elections, has proposed a 25% tariff on imports from the British Virgin Islands (BVI) along with new travel fees for non-residents. This move aims to protect local businesses and bolster Government revenue, sparking discussions about the future of economic relations within the territory.

Bryan's call for an emergency legislative session highlights the pressing need to address perceived economic imbalances that are affecting local markets. "We must take decisive action to safeguard our local economy and ensure that our businesses can thrive in a competitive environment," he stated. 

The Governor's ties to the BVI are well-documented, as he was an avid supporter of both the Natalio Wheatley campaign in 2023 and Andrew Fahie's campaign in 2019. However, his latest proposal signals a shift in focus as he seeks to implement measures that he believes will benefit the Territory's economic landscape.

Legislators in the past have claimed, especially during the COVID era, that the U.S. Virgin Islands (USVI) has been benefiting disproportionately from BVI resources and hospitality. This sentiment has fueled calls for protective measures to support local businesses.

The proposal comes in light of a recent article that raised alarms about how increased fees in the BVI could potentially cripple the charter business in the USVI. 

Premier Wheatley noted that there have been no adjustments to entry and exit fees for over 30 years, suggesting that a reevaluation is long overdue. "We are in a different economic climate now, and we must adapt our policies accordingly," he emphasized.

As both Territories celebrate their unique bond, exemplified by Friendship Day, the implications of these proposed changes remain uncertain. Questions arise about how the BVI plans to reduce dependency on the USVI for shipping and travel, as well as the potential impact on tourism and cross-territory relations.

As developments unfold, GBM will continue to provide updates on this evolving situation, inviting readers to share their thoughts.