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VI seeking to establish a 'representative presence in Panama'- Premier Wheatley

The Government of the Virgin Islands is advancing plans to establish a representative presence in Panama, Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has announced. Photo: facts.net
Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) during his State of the Territory Address at Noel Lloyd Positive Action Movement Park on June 9, 2026. Photo: VINO
Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) during his State of the Territory Address at Noel Lloyd Positive Action Movement Park on June 9, 2026. Photo: VINO
ROAD TOWN, Tortola, VI- The Government of the Virgin Islands is advancing plans to establish a representative presence in Panama, Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has announced.

During his State of the Territory Address at Noel Lloyd Positive Action Movement Park on June 9, 2026, Premier Wheatley said protection of the territory's financial services industry also means representation.

He said this is why the Government significantly increased international engagement and strategic advocacy throughout Hong Kong, Shenzhen, Macau, London, Panama, Argentina, Brazil and Uruguay, while opening new engagement channels in Malaysia and across the European Union.

"And I am pleased to report that Government is advancing plans to establish a BVI representative presence in Panama, strengthening access to one of Latin America’s most important financial and business gateways."

Premier Wheatley also said the Government is operationalising the Financial Services Directorate, strengthening policy coordination, international engagement and strategic representation for the sector.

"At the same time, the Business Done RIGHT Campaign continues promoting compliance, integrity and confidence in the Virgin Islands financial services sector," the Premier added.

7 Responses to “VI seeking to establish a 'representative presence in Panama'- Premier Wheatley”

  • Fix the infrastructure (21/06/2026, 12:00) Like (4) Dislike (0) Reply
    Roads, water, power , health, ports make tax payers lives smoother don’t just book your friends & families next cushy salary and new shopping location!
  • Reading Is Fundamental (21/06/2026, 13:21) Like (2) Dislike (1) Reply
    BVI, Panama Papers.... Nothing to see here right?
  • trevor (21/06/2026, 13:54) Like (4) Dislike (0) Reply
    Ridiculous
    At a time when financial services in bvi is shrinking, you want to squander monies chasing a fading industry.
    Clueless, much like these expensive “road trips” that produce nothing.
    BVI offers same product for over 30 years, we are dinosaurs with little to no innovation.
    Ask about arbitration center, how much spent for what?
    Ridiculous
  • pat (21/06/2026, 14:38) Like (1) Dislike (4) Reply
    Great move
  • asura (21/06/2026, 15:05) Like (1) Dislike (1) Reply
    hats off to the premier again these guys have vision for the country 4 more years for sure
  • Hmmmm (21/06/2026, 15:20) Like (3) Dislike (0) Reply
    Ok so this is to appoint one of mark vanterpool sons right so he will relax for the next election what a thing..
  • BuzzBvi (21/06/2026, 16:48) Like (2) Dislike (0) Reply
    Seeking to shuffle some Asia papers around. $5Million of them.

    Remember how those Mossack Panama Fonseca were Fahie Good for the country.

    Be Senegal next.


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