news icon mr-4
Date: 16 Jun, 2014
Source: Barbados Government Information Service

The government of the Republic of Slovakia is keen to strengthen the bilateral relationship between Barbados and Slovakia. This was announced recently by Ambassador of the Republic of Slovakia, Ladislav Straka when he paid a courtesy call to Barbados’ Minister of Foreign Affairs and Foreign Trade, Senator Maxine McClean at Barbados’ Government Headquarters.

Lauding Barbados’ several attributes as a stable international business jurisdiction, Ambassador Straka specifically mentioned the island’s impressive infrastructural development, banking system, transportation and telecommunication sectors. He also had praise for the Government of Barbados and its sound management. As a result, he was enthusiastic about exploring the many investment opportunities which Barbados had to offer.

Citing tourism as another important aspect on which he would like to focus relative to Barbados, the Ambassador said persons living in Central Europe were now looking for new vacation destinations that were low in crime. He noted that Barbados’ low crime rate per capita made Barbados a safer option for vacationing. “… People can come here for a holiday without fearing that they will lose their passports, money and credit cards and this is a very important point,” Ambassador Straka remarked.

Senator McClean praised the initiatives raised by Ambassador Straka, and welcomed the opportunity to do business with Slovakia. She also noted the significance of concluding a double taxation agreement (DTA) with the European nation. The DTA between Barbados and Slovakia was initialled in July 2012 and is currently awaiting signature.

Barbados established diplomatic ties with the Republic of Slovakia in 1994.