Minister keen on easing bureaucracy, improving business climate

Posted by Investt

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.

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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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