(Bridgetown, once a major trading port, and its garrison, once the defense hub of the British Caribbean, were recently declared UNESCO World Heritage Sites.) A major initiative is on to improve Government’s facilitation of business, especially tourism and international business, and to make the system of fiscal incentives more efficient and transparent.
Barbadians remain confident of the future of our international business and financial centre in an interconnected digital world. The globalisation of commerce and finance is the present reality and the inexorable future of the 21st century, and small international financial centres like Barbados play an essential role in improving the efficiency of international transactions and the competitiveness of international firms.