MIIBCSBD - Barbados - page 3

Business View Caribbean
3
iness, Commerce,
t - Barbados
According to its current Minister, The Honorable Don-
ville O. Inniss, the Ministry covers all matters relating to
industry and general business development, entrepre-
neurship, the protection of consumers, and the stim-
ulation of foreign investment. “The Ministry sets the
policy in the areas that it covers,” says Inniss. “We’re
responsible for getting any legislation done, and we’re
also responsible, in part, for some of the financing
that takes place in the country. We have several state
agencies that are involved in business facilitation and
business environment work, as well as international
business promotion.”
In the area of international business, Inniss points to
the country’s strong economy, its low tax environment,
its skilled workforce, and its world-class professional
environment inclusive of legal, banking, and account-
ing services, as key incentives. “We’ve attracted busi-
nesses from Latin America, primarily, and from
AT A GLANCE
WHO:
The Ministry of Industry, International
Business, Commerce, and Small Business Devel-
opment
WHAT:
A Ministry of the Government of Barba-
dos
WHERE:
St. Michael, Barbados
WEBSITE
:
1,2 4,5,6
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