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Date: 05 Feb, 2015
Source: Barbados Government Information Service

Chile is looking to advance the signing of a Double Taxation Agreement with Barbados. This was one of the several topics discussed when former President of the Republic of Chile, Sebastian Piñera, paid a courtesy call recently on Barbados’ Minister of Foreign Affairs and Foreign Trade, Senator Maxine McClean, in the Committee Room of Parliament.

Senator McClean took the opportunity to update the former President on Barbados’ international business sector, which she said was in the process of diversifying into new markets such as China. According to her, Barbados had relied heavily on the Canadian market and had done well, but with China now approaching the region, new opportunities were being seen.

Mr. Piñera was accompanied by a delegation that included former Minister Secretary General of the Presidency of the Republic of Chile, Cecilia Pérez; Director of the Horizontal Cooperation Agency for International Cooperation, Eugenio Poessel; Chile’s Ambassador to Barbados, Fernando Schmidt; and Chile’s Honorary Consul in Barbados, David Harding. Barbados and Chile established diplomatic relations on October 3, 1967.