Premier Hails Benefits Of OECD/G20 Meeting

May 17, 2011

Paula-A-CoxPremier and Finance Minister Paula Cox has reminded residents of the importance of the upcoming OECD/G20 Global Forum on Transparency & Exchange of Information which convenes in Bermuda on May 30.

The high level meeting of the Global Forum Steering Group, of which Bermuda is one of three vice chairs, takes place at the Fairmont Southampton and is followed by the full meeting of the Global Forum on May 31 and June 1.

Premier Cox said: “The architects of the tax revenue aspects of the global finance system will be among us next week with many arriving this coming weekend.

“Among them are heads of state, Ministers of Finance and Deputy Ministers and their equivalents, from all the who’s who countries involved in operating international financial centers.”

Powerhouse G20 countries to small island jurisdictions will be in attendance, resulting in more than 200 senior government officials descending on our shores.

And the Premier noted that all residents will benefit in some way from Bermuda hosting the OECD Global Forum.

“Our international business executives understand the significance of this event to their businesses, but what does hosting this conference mean to Bermudians?” Premier Cox asked.

“Some delegates are booking accommodations at one of our small guest houses on South Shore which pleases me to see small business benefit. No doubt some delegates may visit Harbournights and meet our Bermudian vendors and entertainers and yes, they will shop and shop,” Premier Cox said.

A selection of senior school students will attend parts of the conference to observe what the Premier described as “an invaluable learning experience.”

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Comments (2)

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  1. Dominque Strauss-Kahn says:

    Ladies & Gentleman,

    Due to unforeseen circumstances, I must cancel my planned attendance.


    • Preto Plato says:

      LMAO, Best comment of the week for sure!