Crown Dependencies Hold First Trilateral Meeting
Tuesday, October 30, 2012
The Chief Ministers of the UK Crown Dependencies, Jersey, Guernsey and the Isle of
Man have held their first formal meeting to discuss
tax and public sector reform, and the changing environment facing offshore international
The forum, held at Gatwick Airport on October 25, 2012, follows on from an earlier meeting in May at which the heads of the territories agreed to regularly engage in trilateral discussions for mutual benefit.
Guernsey's Chief Minister, Peter Harwood, said:
"Guernsey, Jersey, and the Isle of Man, whilst separate and indeed competing
jurisdictions in certain areas, face common challenges where working together
benefits taxpayers in all of our islands. I am therefore delighted to have followed-up
the bilateral meetings held earlier this year with Jersey and the Isle of Man
with this opportunity to discuss matters of mutual interest."
Isle of Man Chief Minister, Allan Bell added:
‘In the current international climate it is more important than ever that the
Crown Dependencies maintain an open dialogue on matters of mutual interest.
The islands may be commercial competitors but we do face common challenges both
at home and abroad. This was a very useful opportunity to share views and information
on a range of topics including the economy, growing global pressure on tax issues,
and our support for developing countries. On the domestic front all three islands
are facing up to public sector reform.’
On behalf of Jersey, the island's Chief Minister, Ian Gorst said:
“Since the elections,
there has been a real enthusiasm to engage with each other and work together
in areas that are of benefit to each island. I’m pleased that this has now been
formalised with our first official meeting [which are proposed to continue in 2013]."