VI eyes India to diversify financial services sector
On a recent trip to Dubai, Premier Wheatley had a sit-down with Geeta Mohan, Senior Executive Editor of India Today from the TV Today Network.
Premier Wheatley, who is also the Minister for Financial Services, Economic Development, and Digital Transformation said, the VI has been successful in “facilitating inward investment into emerging economies”.
Seeking to diversify VI’s market
Dr Wheatley was in Dubai to attend the 10th ACS International Cooperation Conference held from February 3 to 4, 2026. The conference was held in conjunction with the prestigious World Government Summit in Dubai.
Premier Wheatley said the VI has over 370, 000 companies registered, facilitating cross-border investment from countries in the Asia-Pacific region (60%) and Latin America and the Caribbean (20%).
“We are seeking to diversify the markets, and we believe that our companies can provide a vehicle for investment in India to continue your sustainable growth well into the future.”
In September 2025, His Excellency Mr Shri Mayank Joshi, High Commissioner of India to Jamaica and Non-resident Consul for the Virgin Islands, presented his credentials to the government of the Virgin Islands. A December 2025 press release informed the public that the government had concluded a landmark year of engagement in India’s financial services market.
Work is currently being done to plan and execute a Financial Services Trade Mission to India later this year.
Harneys in Dubai
While in Dubai, Premier Wheatley attended a party for the launch of Harneys' Dubai branch.
Harneys Dubai was officially opened on December 15, 2025.
In a post on the Office of the Premier’s Facebook, Harneys was described as a Virgin Islands staple, being founded and nurtured in the VI for over fifty years.
“Throughout the years, Harneys has grown into one of the most recognisable Virgin Islands brands and are notable community partners,” the post added.
Premier Wheatley said he is committed to continuing to work daily to ensure that organisations like Harneys and countless others operate in a favourable working environment.
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2 Responses to “VI eyes India to diversify financial services sector”
No wonder why the $2.50 peoposed by greedy Hon. Lorna Smith was halfed by our current Premier to please the greedy. Poor minimum wages earners, underpaid pensioners and not paid government overtime employees are suffering so badly. Because of of igo syndrome behaviors, rather than humble integrity leadership by our local political leaders at least over the past years in the B.V.I, even so now with no intended plan to troddle back to a balance win/win pace for the welbeing of all the people of the British Virgin Islands any time soon, and possible having no intention to do so. Thirteen seems to be an unlucky number?, or has the wheat has 2 spoons of wheat too much, 1 soon Frazer too much, 1 spoon of Lorna in the our corna too much, etc., etc., to much sour the political soupmixed while the majority of us hungering?,