Cost Of Premier Burt’s Trips To Washington & NY

A trip in September 2018 by Premier David Burt to Washington DC for the Congressional Black Caucus Annual Legislative Conference and Meetings cost $3,412.78; while another trip to New York for the Concordia Annual Summit cost $1,888.67, according to recent listings on the Government’s travel webpage.

Congressional Black Caucus Meetings in Washington DC: Sept 13-17

The trip duration was listed as from September 13, 2018 – September 17, 2018, and the web page listing said, “Premier, the Hon. David Burt, concluded a busy trip to Washington, DC where he conducted ‘fruitful’ meetings with key Congressional representatives to discuss significant matters on behalf of Bermuda.

“Over the course of Friday, 14th September and Monday, 17th September Premier Burt met with Rep. Gregory Meeks, a member of the House Foreign Affairs Committee, Rep. Karen Bass, a member of the House Foreign Affairs Committee, Rep. Emmanuel Cleaver, a member of the House Financial Services Committee, Rep. Gwen Moore, ranking member of the Financial Services Subcommittee on Monetary Policy & Trade and key officials from the Office of the Comptroller of the Currency [OCC].

“During the various meetings areas of discussion focused on finance, banking, insurance/reinsurance, economics, airline development and energy.

“Of particular note, Premier Burt met with senior representatives of the Office of the Comptroller of the Currency to have key discussions about de-risking and its impact on Bermuda’s financial services industry.

“On Friday, 14th September, the Premier raised the matter of de-risking and idts effects during his meeting with Rep. Gregory Meeks. In his meeting with Rep. Karen Bass, the Premier highlighted steps Bermuda has taken to tackle money laundering and terrorist financing. With Rep. Gwen Moore the discussion of de-risking also was topical as well as Bermuda’s high standards of tax transparency and compliance.

“With Rep. Emmanuel Cleaver the Premier touted Bermuda’s role as a global centre for insurance and reinsurance and noted the importance of Bermuda’s insurance market to aid recovery and rebuilding of infrastructure in the wake of global natural disasters.

“The Premier was accompanied to Washington, DC by the Deputy Premier, the Hon. Walter Roban, JP, MP. While in DC Minister Roban met with Abby Hopper, CEO, Ssolar Energy Industry Association to discuss how governments have incorporated the use of solar energy and technology.

“Minister Roban also held a meeting with airlines for America to discuss airline development and working towards increasing air options to Bermuda.”

Expenses

• Air Travel $894.70
• Ground Transportation $411.71
• Accommodation $2,106.37
• Total costs $3,412.78

Concordia Annual Summit in New York: Sept 24-25

The trip duration was listed as from September 24, 2018 – September 25, 2018, the location was listed as New York, and the web page listing said, “Premier Burt spent 24 hours in participating in the annual Concordia Summit. Premier shared with attendees how Bermuda is leading the world in Fintech Regulation.

“The trip was a success with more companies looking to setup physical operations in Bermuda.”

Expenses

• Air Travel $1,017.10
• Ground Transportation $261.04
• Accommodation $610.53
• Total costs $1,888.67

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