Discussions regarding a Double Taxation Agreement (DTA) between Barbados and Japan at the diplomatic level will continue. This was the consensus of Prime Ministers of both nations, at the recently concluded bilateral meeting, which was held shortly after the first CARICOM-Japan Summit in Trinidad and Tobago at the end of July.
Prime Minister of Barbados, The Right Honourable Freundel Stuart, Q.C., M.P., expressed his desire to continue to deepen and strengthen relations with Japan, with whom Barbados had a highly valued 47-year-old diplomatic relationship. He also conveyed thanks for Japan’s contribution of grant assistance through a donation of photovoltaic equipment to several primary schools in Barbados.
Meanwhile, Prime Minister of Japan, Shinzō Abe, stated his intention to cooperate more with Barbados in the international arena, recognising Barbados’ leading and important role in matters relating to Small Island Developing States.
Barbados currently has a total of 34 DTAs in force.