Minister keen on easing bureaucracy, improving business climate
At the 2014 Invest Caribbean Now Summit on June 4 in New York City, Minister of Trade, Industry, Investment and Communications, Senator Vasant Bharath posited “transformation” as the answer to creating enabling conditions for foreign direct investment.
Speaking to this year’s ICN Summit theme “Advancing Wealth,” Minister Bharath addressed a group of delegates, including representatives from the World Bank Group, Goldman Sachs, and the Russian-American Chamber of Commerce, as well as a collection of government officials from China, the Caribbean and the United States. Minister Bharath spoke to his nation’s continued push for economic growth through business-friendly measures like the “Easy Doing Business” initiative — measures meant to simplify key processes such as company registration and applying for import/export licenses.
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