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Posted: Wednesday 9 December, 2009 at 1:02 PM
Logon to vibesbvi.com... British Virgin Islands News 
BVI GIS Press Release
    Tuesday, December 8 – The Minister for the Overseas Territories, Chris Bryant, yesterday met elected leaders from five British Overseas Territories in the Caribbean who are in London for the annual Overseas Territories Consultative Council (OTCC) from December 8-9.
     
    Mr Bryant hosted the Hon. Mr Osbourne Fleming, Chief Minister of Anguilla, Dr. the Hon. Ewart Brown, Premier of Bermuda, the Hon. Mr McKeeva Bush, Premier of the Cayman Islands and the Hon. Mr Reuben Meade, Chief Minister of Montserrat, in a joint meeting.  He separately met the Premier of the British Virgin Islands, the Hon. Mr Ralph O’Neal, OBE.
     
    The discussion focussed on the extent and nature of the United Kingdom (UK) Government’s contingent liabilities in the Caribbean Overseas Territories and the Territories’ role in managing them.  This included sound financial management, government borrowing and good governance.
     
     In welcoming the meeting and this week’s events, Mr Bryant said, “We had a good discussion, during which I explained why the UK Government had felt it necessary to take firm action in the Turks and Caicos Islands.    We want the maximum amount of self-government possible and we have no desire to micro-manage the economy in any of the Overseas Territories (OTs).  But I am also accountable to Parliament and it would be negligent of me if we did not take a keen, active interest in the economic and social well-being of the OTs. That is why we will step in when we have concerns about poor financial management and inadequate governance.”
     
    He added, “I look forward to the next two days when we can discuss these and other issues in more detail.”  Similar issues were covered in the Minister’s separate meeting with the Premier of the British Virgin Islands.
     
    The Overseas Territories Consultative Council was established as a result of the 1999 White Paper “Partnership for Progress and Prosperity” on the UK’s relationship with the Overseas Territories. The Consultative Council was set up as a forum for discussion of key policy issues between British Ministers and Heads of Overseas Territories' Governments.
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