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Dr. Harris Labels EU’ Blacklisting As “Hypocrisy”

Dr. Harris Labels EU’s Blacklisting As “Hypocrisy” LK Hewlett Story Updated: June 23rd 2015 at 2:40 pm
Prime Minister Hon. Dr. Timothy Harris say the European Union Commission’s recent blacklisting of St. Kitts and Nevis, along with 29 other developing nations, for not doing enough to fight tax evasion is hypocritical. PM Harris made the assertion earlier today (June 23) during an address at a CARICOM Regional Forum being held in Antigua. He said international economic giants are having an increased influence on how CARICOM member states do business, which in turn impacts their sovereignty. “The European Commission’s blacklisting of fourteen Caribbean jurisdictions as intransparent and uncooperative tax havens takes the cake for its arbitrariness and hypocrisy.” Dr. Harris said the blacklisting could have far reaching consequences for the small island developing states. Against this backdrop, he pointed out, the countries would have to be mindful of weighing jurisdictional authority in their decision-making against appeasing the global economic giants. “Clearly small states have to be thoughtful and innovative in pursuing their sovereign choices for development,” he said. The government of St. Kitts-Nevis has formally written to the EU to ask for the country’s removal from the blacklist, which the government says “clearly does not reflect our nation’s continued adherence and commitment to international standards on transparency and exchange of information for tax purposes”.

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