Business Bermuda Delegations To China & Europe
Business Bermuda is leading a trade delegation comprised of the Minister of Business Development and Tourism Wayne Furbert and members of the business community to international conferences in both China and Europe this April.
The delegation will start in Shanghai where Business Bermuda will host a media briefing and Financial Services reception as well as a series of business and trade development meetings including the Shanghai Stock Exchange (SSE).
Business Bermuda will also attend the Chinese Enterprises Outbound Investment Conference (CEOIC) organized by the influential China Council for the Promotion of International Trade (CCPIT) and co-hosted by the Chinese Ministry of Foreign Affairs, Ministry of Commerce and the State Administration of Taxation (SAT) in Beijing on the 18-19 April before flying to London for the Bermuda Annual London Financial Services Conference.
Business Bermuda will continue to Paris for the EuroHedge Investment Summit where they will sponsor a panel discussion on the benefits of offshoring versus onshoring of business opportunities as well as the future of the hedge fund industry.
CEOIC, now in its sixth year, is China’s premier overseas investment conference attracting over 1,000 delegates. Held over two days in the capital, it is a combination of formal talks and seminars alongside a program of networking events.
The delegates from Bermuda will lead discussions that will look at the international capital market, as well as investment opportunities linked to the continued globalisation of Chinese businesses. The aim of the conference is to outline the latest development tendency of Chinese overseas investment in an environment that allows delegates from China and abroad to establish the opportunities available to both parties.
Business Bermuda will be holding its annual London Conference on the 24 April, which last year was attended by over 300 members of London financial services industry.
The event, held at the Mandarin Oriental, Hyde Park, will host a series of panel sessions covering key issues in the financial sector while discussing the advantages of Bermuda’s economic and political environment that make it the jurisdiction of choice.
Bermuda’s key industry figures will offer a powerful case for the Island’s financial services sector as a global leader at the event in London, analysing the challenges facing international financial centres in the current economy and argue that Bermuda provides a significant competitive advantage to firms based on the Island and helps sustain growth and jobs in larger economies.
At EuroHedge, as well as sponsoring the panel discussion, Business Bermuda will host a booth at the world’s largest hedge funds conference and speak to the industry’s elite from around the globe and discuss opportunities in Bermuda, including its high standards of regulation, tax neutrality, high levels of transparency and disclosure.
As Bermuda embarks on its business trade and development promotion at the world’s foremost international conferences, its recent efforts have been applauded in the April 2012 assessment report of the OECD Peer Review Group. The report stated that:
“Bermuda was credited for legislative changes that have demonstrated progress and global leadership in the area of transparency and tax information exchange.”
Premier and Minister of Finance Paula Cox noted that: “These positive reviews benefit Bermuda, especially given that transparency and cooperation are key to the long term survival of our economy.”
Business Bermuda’s Chief Executive Officer, Cheryl Packwood, commented: “We are delighted to take Bermuda’s message to both old and new audiences in China, UK and France and to attend some of the region’s leading conferences. We look forward to discussing the benefits of locating in Bermuda, with the international business community.
“We are delighted by the findings of the OECD Peer Review Group report as it demonstrates the high levels of transparency and regulatory standards found in Bermuda which enable investors to operate within a safe market. ”
I guess if the OBA were in office they wouldn’t promote Bermuda overseas as we need to cut the travel budget.
Don’t be stupid. This travel is a necessity, likely to show ROI…..if you know what I mean….hahahahahh dummy
The PLP has already established its reputation in the international business community. This is a waste of time, unless there is to be a change in government. And as an aside, it is rather amusing when PLP spinmeisters refer to the Opposition as the OBA/UBP, implying a derogatory reference to the terrible old UBP. And yet, it seems the only rather capable minister they can trot out is Mr. Furbert, trained for years in the UBP government.
Do any of our politicians actually have political beliefs, or indeed a political morality? How is it that a once conservative, pro-business capitalist can now sit comfortably within a union dominated, xenophobic and socialistic government? Perhaps this is our problem. Nothing really makes any sense.
@Joe…perhaps its for his personal gain…self serving , rather than serving the public?
Like it appears for so man of the other politicians on either side.