SlideShare una empresa de Scribd logo
1 de 8
Chamber Program 2012
                              “New Country, New Approach”
                                         January 13, 2012

The first year of Country Sint Maarten, since October 10, 2010, was a year of
learning and adaptation. In fact the past year served for Government and the
Stakeholders to adapt to the new system and to learn how to act as a country within
the Kingdom of the Netherlands and without the traditional layer of a Federal
Government.

In this process of change, the Chamber of Commerce and Industry, as the umbrella
organization representing the private sector, must utilize its unique position of being
an Advisor to Government to help and assist in a more effective and result driven
manner, with the ultimate goal being: more sustainability and further improvement of
the Economic Development of Sint Maarten.

For the last few years, the Chamber has embarked on multiple initiatives, some of
them have been completed, and others are in their final stage of implementation. The
Executive Board wishes to finalize all these initiatives on the Chamber program for
the year 2012, while dealing with all current affairs related to the private sector.

The priorities of the Chamber achievements for 2012 can be divided into 3 sections:
Chamber Internal Affairs, Chamber Local Involvement and Chamber Regional and
International participation.
N.B. The list of priorities listed below is not in any chronological order as the Board needs to approve
them and establish timelines and deadlines for their realization.

  I.    The Chamber Internal Affairs:
        Now that the physical revamp of the Chamber’s facility is completed, the
        managerial positions filled and the registry software installed, what need to be
        done in 2012 is as follows:

          1. The GAMMA Software:
          Considering the multiple pressures to share the data with certain government
          entities, the Chamber registry software must be completely finalized as soon
          as possible for the Board to determine the final conditions for its accessibility
          by third parties.

          The Executive Board considers that this year’s MIS committee (to be chaired
          by Mr. Ajay Rawtani) must prepare, in collaboration with the Director, the
          Office Manager and the IT Manager, an assessment of the situation and a
          plan of action.

                                                   1
2. The Chamber Personnel:
The Executive Board considers it urgent that a review, an evaluation and the
training of all the Chamber personnel must take place as soon as possible to
determine the different tasks and responsibilities of the employees.

The Director is instructed to prepare of job descriptions of each Chamber
employee, and to identify an independent person/entity to do the evaluation
and prepare the TOR for the training of the personnel. While the personnel
are being trained, a salary scale will be established based on performance.

3. The Collection of the Chamber dues:
An efficient system of collection must be put in place for the collection of
membership dues after which a registry clean-up must be done to be able to
have the most accurate data.

The Executive Board would like to suggest the approach of hiring 2 or 3 local
unemployed youth and to train them for this task. The team will also have the
necessary tools, such as uniforms and transportation. The Director is
charged with the preparation and submission of the different offers for the
uniforms and the transportation vehicle.

4. The Chamber Ordinance & Standing Order:
The Federal Ordinance, under which the Chamber functioning is regulated,
dates as far back as 1945 and amended several times through the years, the
last amendment dates as far back as September 1979. Now that we are
Country, we need to start preparing a “Country Ordinance”. In the planned
ordinance we can adjust certain aspects according to the Sint Maarten
specifics. Once approved by the relevant authorities, the Ordinance will also
serve to place the Chamber in its rightful position, as no mention was made
in the Country Constitution.

The Executive Board thinks that this initiative must start by having a Notary
to make an interactive presentation of the existing Chamber laws to the
Board. This way, while learning about rights and obligations, all Board
Members will have the chance to expose their thoughts and
recommendations. Notary Francis Gijsbertha was identified to carry out this
task and the Director was instructed to initiate the process.

5. The Registry Regulation:
In December 2009, 2 sets of laws were approved by the then Parliament of
the Netherlands Antilles. Some parts of the laws were implemented since
January 2010, other parts still pending and must be finalized as soon as
possible. The most important part to be finalized this year is the obligation of

                                   2
businesses to include the Chamber Registration number on all their
       company letter heads, invoices, bills of order etc.

       The Executive Board has identified September 1, 2012 as the deadline for
       businesses to comply with this part of the law. This date was chosen as it
       corresponds with the termination of the country phone code 599 and its
       permanent replacement with 1-721. This way, it will be cheaper for
       businesses to comply with 2 regulations with one cost. The Director was
       instructed to start preparing a plan of approach, including an information
       campaign.


II.   The Chamber Local Involvement:
      In representing the Private Sector, the unique position of the Chamber as
      Advisor to Government allows its involvement at the local level to be more
      effective and more productive. This can be done through the Chamber
      representatives in the several committees and through ad hoc interventions.

         1. The Advisory Committees and the Standing Committees:
         Provision is made in the Chamber Rules of Procedure to permit the review
         and update of the different committees (Art.16, Art.17 and Art.18).

         At this stage of the Country, the Executive Board considers it necessary to
         review and update all the committees and their representatives and to
         establish more regular and efficient ways of communication between the
         Board and the representatives.

         2. Collaboration with Government Apparatus:
         A definitive approach must be established and approved by the board with
         regards to the most legal and ethical way of sharing the Chamber Data
         Base. This process must be solely motivated by the willingness to help
         government in having their data base updated to seek, among other things,
         the Broadening of the Tax Base.

         The Executive Board considers that it is time for the Chamber to increase
         the collaboration with government in all areas to help improve the
         economic climate. Besides the sharing of data, other ways of assistance
         could be the initiation of sectoral surveys, the first ones could be in the
         Marine sector and in the Condominium/Timeshare sector. The primary
         intention of these surveys is to ensure that all businesses operating on the
         Dutch Side are registered at the Chamber, while the results of the surveys,
         once shared with government, will help to better regulate the economy.


                                         3
3. The Business License Advisory:
Since the decision taken a few years ago to have this task fulfilled by the
Chamber management instead of the Licensing Committee, the Board has
not been informed of any major hiccups or difficulties.

Nonetheless, at the indication of the Director that no requests were
received by the Chamber since November 2011, the executive Board find it
urgent to review the entire situation and make a realistic assessment for
the Board to take a decision accordingly. The Director will contact VOSEC
to inquire about the requests.

4. The Labor/Work Permits issues:
In conjunction with the business licensing, and in light of the high rate of
unemployment, especially among the youth, it is high time now to also
assess the situation and advise Government accordingly

5. Further Assistance to Local Small Businesses:
In continuation with the initiative that started last year with the Small Hotels
sector, further assistance is needed from the Chamber, especially with
regards to soft loans through the Development Bank OBNA and/or
Commercial Banks.

In expediting the identification of the different possibilities, the Executive
Board is of the opinion that the Chamber must also take a proactive
approach with the commercial banks and encourage them for more
involvement. E.g. the training program that the WIB did in the past that
included training courses for local small businesses.

6. The Chamber Business Directory:
Determined to be an additional tool of information, locally and regionally,
the business directory should be re-commissioned.

The Executive Board is of the opinion that this initiative should not cost the
Chamber anything in the first place and that it should be implemented
through a transparent public bid, with specific terms of reference allowing
the Chamber possibilities of monitoring and control.

7. Cost of Living and Cost of Doing Business:
The cost of living is an issue that has been frequently raised, especially by
the employee’s organizations. It has also been a concern of the Chamber
through the years, as the maintaining or the decrease of the cost of living
will give more buying power to the employee’s salary. The cost of doing
business is of greater importance to the Chamber as the business


                                  4
community is often complaining about. As these costs are ultimately carried
over to the consumer, the effects are even greater to the entire society.

The President has indicated that this year, the Chamber must look at this
situation diligently. One of the avenues the President is strongly advising to
look at is the food basket and increase it in quantity and quality. He took
the example of Curacao who just implemented the addition of fruits and
vegetables to their government controlled food basket.
For the cost of doing business, in continuation with the past efforts of the
Chamber to have some relief for the business from GEBE, more areas of
concerns must be added such as telecommunication and interest rates that
could encourage more local investments.

8. The Consumer Protection Act/Authority & BBB:
The Consumer Protection process initiated by SBDF is also an additional
avenue for the Chamber to engage in, along with SBDF and Government,
as it was indicated to Parliament during the meeting last year.

In consideration of the increased number of consumer complaints the
Chamber has been receiving, the President is of the opinion that it is now
high time to join forces with SBDF (the project owner) and Government to
establish this mechanism that will primarily serve, not only the protection of
the consumers, but most importantly to protect the reputation of Sint
Maarten as a shopping destination.
The other consideration, the President is advising, is the establishment of a
Better Business Bureau that will be tasked with the dissemination of
information on best practices with regards to the further protection of
businesses and the consumers. For that purpose, a section of the
Chamber will be remodeled to serve as a Chamber Desk where information
will also be provided for the visitors and potential investors.

9. Security, Crime Prevention and Youth Vocational Education:
The security issues our business community is lately experiencing are
intertwined mainly with the present high youth unemployment. As much as
the Security Camera System that the Chamber has now been championing
for years is an important tool of prevention, it is also equally important to
have a proactive role with government and the businesses in creating more
job opportunities through Training and Education for the unemployed
youth.

With the experience as Chairman of the Security Committee, the President
is insisting that this year the Chamber should play a bigger role in the crime
prevention through training and education. The multiple opportunities that


                                 5
exist in several sectors must be conducive to much more youth training,
          employment and entrepreneurship.
          One of the ideas the President is strongly recommending that the Chamber
          should explore is the encouragement of youth to be more involved in
          studying hotel management, hospitality and culinary arts. This can be done
          through the University of St. Martin in similar way what the Hotel Academy
          is doing in Curacao


III.   The Chamber Regional and International Participation:
       Considering the international economic difficulties the United States and
       Europe are presently experiencing, Sint Maarten must seriously look at
       another pillar to add to the Economy. What could be considered as a realistic
       new pillar to consider is becoming a “Supply Platform” similar to what Panama
       has to offer, an E-Zone Park offering goods to the region.
       With the reputation of Sint Maarten, its geographic location and its
       sophisticated infrastructure, the Chamber can lead this process in partnership
       with government and the business community.

          1. Trade Shows and Trade Missions:
          Now that we are a country, the work done in the past 7 years through the
          Chamber affiliation with CAIC can be further sustained through the official
          support of government to the private sector. In fact, the involvement of
          politicians in the attendance and organization of Trade Shows and Trade
          Missions often leads to more economic cooperation and development

          The Executive Board considers this is a priority and believes that the first
          mission should be to Panama. This will permit to the Chamber and the
          members to learn about the distribution platform Panama presently enjoys.
          In this initiative, the Chamber will also try to make use of the offer made by
          Copa Airlines of 10 round trip tickets and to assist us in the logistics of the
          mission. A decision was taken to approach the Tourist Bureau for
          assistance to start the talks with Copa Airlines. Such initiative will certainly
          open additional opportunities from the South American market.

          In the same effort, the President is recommending that the Chamber should
          seek additional ways in promoting Sint Maarten as a “Shopping
          Destination” for the Caribbean. This must be done by talking with the
          regional airlines like LIAT and RedJet for them to consider lower fare for
          passengers and cargo. To achieve optimal results in this initiative, the
          Chamber is collaborating with the Ministry of Economic Affairs and Tourism
          and the Tourist Bureau to conjointly seek the best possible approach to
          achieve this goal.

                                            6
2. Regional Economic Summit:
In furthering Sint Maarten exposure to the rest of the Caribbean, holding an
economic summit, consisting of prominent business persons and
government officials, will certainly open multiple opportunities for the local
businesses and for Foreign Direct Investment.

In line with the Chamber decision to host the CAIC 7th Annual Private
Sector Meeting with the region Ministers of Economy in Sint Maarten this
year, the Executive Board thinks that it could be a good idea to include a
Regional Economic Summit. Decisions were taken to inquire about the
projected dates of the CAIC event and to establish a special committee to
be tasked with the early planning. One of the possibilities that must be
explored is EU funding through INTERREG, if the summit is organized in
collaboration with the Chamber of Commerce of the French Side.

3. Additional Funding Support:
With the funding from the Netherlands, especially for the Social Economic
Initiative (SEI) is being phased out by the end of 2012, additional sources
of funding need to be explored for the sustainability and the further
development of the economy. Other funding possibilities from the
Netherlands and from other sources must be identified.

4. Advice on CARICOM & OECS Relations:
With the latest decision taken during the Kingdom meeting in the
Netherlands on the autonomy of the different countries in their foreign
economic relations, the Chamber must further emphasize to Government
the urgency to finalize the association with CARICOM. Possibilities to also
join the OECS must be explored and advised to government.

In following up with the Chamber Advice to Government to apply for an
Associate Member status with CARICOM, a decision was taken to forward
a letter to Prime Minister Sarah Wescot-Williams on the issue and to also
request a meeting with her to have an update and further discuss any
bottlenecks.

5. The Dutch Caribbean Association of Chambers:
In following up with the state of affairs on the creation of the DCAC, along
with the chambers of Curacao and Aruba, certain pending issues must be
looked at and determined, e.g. the official language of the association.

After indication by the Director that the process is presently stalled waiting
on the reaction of Aruba Chamber, the Executive Board has determined


                                 7
that this will be the occasion for the entire concept to be reviewed and
decided upon by the Board.

One of the most important points that raised much discussion last year was
the official languages of the planned association; the majority of the
members were of the opinion that although Dutch is the language, the
English must be also considered. This is very important as Dutch and
English are the 2 official languages of Country Sint Maarten and that most
of our business community are not well versed in Dutch

6. Relationship with the French Side:
Restart the dialogue with the French Chamber of Commerce to seriously
seek ways of collaboration in the development of the island as a whole.

A decision was taken to organize a meeting with the French Side Chamber
to determine a realistic approach toward more effective ways of
collaboration and cooperation.

7. Public Private Partnership:
Revive the decision taken by the Board in early 2011 to have a more
effective approach to the establishment of a Public/Private Partnership with
Government.

Considering the latest decision of the Kingdom partners during their
meeting in the Netherlands, to give autonomy to each country in their
Economic Foreign Relations, the Executive Board is of the opinion that the
Chamber must explore all the possibilities to continue the deliberation on
the Public Private Partnership possibilities. A decision was taken to have a
meeting with Mr. Bert van Geel, who is assigned by Foreign Affairs Ministry
to assist Sint Maarten with its foreign relations, and explore all possibilities.
In this regard, the President is suggesting that a new committee is
established “Regional & International Relations Committee” that will
enclose the CAIC task and all other future opportunities in the building of
the regional and international economic development of Country Sint
Maarten
Additionally, for the establishment of a more effective and coherent
partnership with Government, the creation of a “Public Private Partnership
Bureau” within the Chamber’s offices, is the best way to go.




                                  8

Más contenido relacionado

La actualidad más candente

Bdo Asean Investment Tax News_issue2_2014
Bdo Asean Investment Tax News_issue2_2014Bdo Asean Investment Tax News_issue2_2014
Bdo Asean Investment Tax News_issue2_2014
BDO Tax
 

La actualidad más candente (18)

Newsletter on daily professional updates- 8th November 2019
Newsletter on daily professional updates- 8th November 2019Newsletter on daily professional updates- 8th November 2019
Newsletter on daily professional updates- 8th November 2019
 
Did Counties Deliver? Evaluating County Budgets 2013-2014
Did Counties Deliver? Evaluating County Budgets 2013-2014Did Counties Deliver? Evaluating County Budgets 2013-2014
Did Counties Deliver? Evaluating County Budgets 2013-2014
 
Newsletter on daily professional updates- 04/03/2020
Newsletter on daily professional updates- 04/03/2020Newsletter on daily professional updates- 04/03/2020
Newsletter on daily professional updates- 04/03/2020
 
Parliament in Budget Session 2005
Parliament in Budget Session 2005Parliament in Budget Session 2005
Parliament in Budget Session 2005
 
Newsletter on daily professional updates- 10/03/2020
Newsletter on daily professional updates- 10/03/2020Newsletter on daily professional updates- 10/03/2020
Newsletter on daily professional updates- 10/03/2020
 
Ra 9520 Articles of Cooperation
Ra 9520 Articles of CooperationRa 9520 Articles of Cooperation
Ra 9520 Articles of Cooperation
 
Newsletter on daily professional updates- 03/04/2020
Newsletter on daily professional updates- 03/04/2020Newsletter on daily professional updates- 03/04/2020
Newsletter on daily professional updates- 03/04/2020
 
ACCOUNTING FOR MANAGERS
ACCOUNTING FOR MANAGERSACCOUNTING FOR MANAGERS
ACCOUNTING FOR MANAGERS
 
India
IndiaIndia
India
 
Newsletter on daily professional updates- 27/02/2020
Newsletter on daily professional updates- 27/02/2020Newsletter on daily professional updates- 27/02/2020
Newsletter on daily professional updates- 27/02/2020
 
March 2017 newsletter
March 2017 newsletterMarch 2017 newsletter
March 2017 newsletter
 
Bdo Asean Investment Tax News_issue2_2014
Bdo Asean Investment Tax News_issue2_2014Bdo Asean Investment Tax News_issue2_2014
Bdo Asean Investment Tax News_issue2_2014
 
Citizens Alliance For Responsible Education
Citizens  Alliance For  Responsible  EducationCitizens  Alliance For  Responsible  Education
Citizens Alliance For Responsible Education
 
Newsletter on daily professional updates- 29/01/2020
Newsletter on daily professional updates- 29/01/2020Newsletter on daily professional updates- 29/01/2020
Newsletter on daily professional updates- 29/01/2020
 
Newsletter on daily professional updates- 14th December 2019
Newsletter on daily professional updates- 14th December 2019Newsletter on daily professional updates- 14th December 2019
Newsletter on daily professional updates- 14th December 2019
 
Newsletter on daily professional updates- 31st December, 2019
Newsletter on daily professional updates- 31st December, 2019Newsletter on daily professional updates- 31st December, 2019
Newsletter on daily professional updates- 31st December, 2019
 
Newsletter on daily professional updates- 13/02/2020
Newsletter on daily professional updates- 13/02/2020Newsletter on daily professional updates- 13/02/2020
Newsletter on daily professional updates- 13/02/2020
 
Newsletter on daily professional updates- 7th December 2019
Newsletter on daily professional updates- 7th December 2019Newsletter on daily professional updates- 7th December 2019
Newsletter on daily professional updates- 7th December 2019
 

Destacado

Pressreleasecpi sint maarten_201306
Pressreleasecpi sint maarten_201306Pressreleasecpi sint maarten_201306
Pressreleasecpi sint maarten_201306
PearlRadio Station
 
La bruixa marina
La bruixa marinaLa bruixa marina
La bruixa marina
xisquis
 
Primary & secondary research
Primary & secondary researchPrimary & secondary research
Primary & secondary research
t014657
 

Destacado (15)

Information session wage tax 2012 (apr 1)
Information session wage tax 2012  (apr 1)Information session wage tax 2012  (apr 1)
Information session wage tax 2012 (apr 1)
 
Publication Royal Decree re. Govenor of Sint Maarten's research assignment
Publication Royal Decree re. Govenor of Sint Maarten's research assignmentPublication Royal Decree re. Govenor of Sint Maarten's research assignment
Publication Royal Decree re. Govenor of Sint Maarten's research assignment
 
Consumer prices Sint Maarten August 2012
Consumer prices Sint Maarten August 2012Consumer prices Sint Maarten August 2012
Consumer prices Sint Maarten August 2012
 
Pressreleasecpi sint maarten_201306
Pressreleasecpi sint maarten_201306Pressreleasecpi sint maarten_201306
Pressreleasecpi sint maarten_201306
 
La bruixa marina
La bruixa marinaLa bruixa marina
La bruixa marina
 
Communique 1st extra-ordinary meeting of the coctc copenhagen[1]
Communique 1st extra-ordinary meeting of the coctc copenhagen[1]Communique 1st extra-ordinary meeting of the coctc copenhagen[1]
Communique 1st extra-ordinary meeting of the coctc copenhagen[1]
 
General Audit Chamber Report on the 2010 financial statements of St Maarten ...
General Audit Chamber Report on the 2010 financial statements of  St Maarten ...General Audit Chamber Report on the 2010 financial statements of  St Maarten ...
General Audit Chamber Report on the 2010 financial statements of St Maarten ...
 
Census 2011 shows St. Maarten Population is ageing
Census 2011 shows St. Maarten Population is ageing Census 2011 shows St. Maarten Population is ageing
Census 2011 shows St. Maarten Population is ageing
 
Governing Programme 2012-2014
Governing Programme 2012-2014Governing Programme 2012-2014
Governing Programme 2012-2014
 
Primary & secondary research
Primary & secondary researchPrimary & secondary research
Primary & secondary research
 
Convocation of a CC meeting with the Minister of Finance
Convocation of a CC meeting with the Minister of Finance Convocation of a CC meeting with the Minister of Finance
Convocation of a CC meeting with the Minister of Finance
 
Wicb governance committee report
Wicb governance committee reportWicb governance committee report
Wicb governance committee report
 
Evaluation of infertile male
Evaluation of infertile maleEvaluation of infertile male
Evaluation of infertile male
 
Presentation of the annual report 2012
Presentation of the annual report 2012Presentation of the annual report 2012
Presentation of the annual report 2012
 
Data: The Good, The Bad & The Ugly
Data: The Good, The Bad & The UglyData: The Good, The Bad & The Ugly
Data: The Good, The Bad & The Ugly
 

Similar a Chamber program 2012

2014 - Smart Lessons - Tax ADR
2014 - Smart Lessons - Tax ADR2014 - Smart Lessons - Tax ADR
2014 - Smart Lessons - Tax ADR
Mohd.Fahad Ifaz
 
Corporate Social Responsibility India.pptx
Corporate Social Responsibility India.pptxCorporate Social Responsibility India.pptx
Corporate Social Responsibility India.pptx
Marie Banu
 
clrg-sixth-report-2010-2011
clrg-sixth-report-2010-2011clrg-sixth-report-2010-2011
clrg-sixth-report-2010-2011
Michael O'Leary
 
Large Taxpayer Office ( LTO ) Afghanistan
Large Taxpayer Office ( LTO ) AfghanistanLarge Taxpayer Office ( LTO ) Afghanistan
Large Taxpayer Office ( LTO ) Afghanistan
Subhan Fahimi
 
Advanced tax laws and practice
Advanced tax laws and practiceAdvanced tax laws and practice
Advanced tax laws and practice
Akash Patel
 
YUOSUFS UPDATED RESUME
YUOSUFS UPDATED RESUMEYUOSUFS UPDATED RESUME
YUOSUFS UPDATED RESUME
Yuusuf Maxamed
 

Similar a Chamber program 2012 (20)

2014 - Smart Lessons - Tax ADR
2014 - Smart Lessons - Tax ADR2014 - Smart Lessons - Tax ADR
2014 - Smart Lessons - Tax ADR
 
Finance Ministry needs to shun statements which are not correct, in press rel...
Finance Ministry needs to shun statements which are not correct, in press rel...Finance Ministry needs to shun statements which are not correct, in press rel...
Finance Ministry needs to shun statements which are not correct, in press rel...
 
Corporate Social Responsibility India.pptx
Corporate Social Responsibility India.pptxCorporate Social Responsibility India.pptx
Corporate Social Responsibility India.pptx
 
clrg-sixth-report-2010-2011
clrg-sixth-report-2010-2011clrg-sixth-report-2010-2011
clrg-sixth-report-2010-2011
 
BCM Position CIT Draft
BCM Position CIT Draft BCM Position CIT Draft
BCM Position CIT Draft
 
Acct2542 Essays
Acct2542 EssaysAcct2542 Essays
Acct2542 Essays
 
Large Taxpayer Office ( LTO ) Afghanistan
Large Taxpayer Office ( LTO ) AfghanistanLarge Taxpayer Office ( LTO ) Afghanistan
Large Taxpayer Office ( LTO ) Afghanistan
 
Advanced tax laws and practice
Advanced tax laws and practiceAdvanced tax laws and practice
Advanced tax laws and practice
 
December 2015 MTU
December 2015 MTUDecember 2015 MTU
December 2015 MTU
 
Make in india – a formidable step in right direction
Make in india – a formidable step in right directionMake in india – a formidable step in right direction
Make in india – a formidable step in right direction
 
All tasks assessment-501
All tasks assessment-501All tasks assessment-501
All tasks assessment-501
 
Kenya PBO structure
Kenya PBO structureKenya PBO structure
Kenya PBO structure
 
BCM REVIEW AND RECOMMENDATIONS ON THE DRAFT CORPORATE INCOME TAX LAW
 BCM REVIEW AND RECOMMENDATIONS ON THE DRAFT CORPORATE INCOME TAX LAW  BCM REVIEW AND RECOMMENDATIONS ON THE DRAFT CORPORATE INCOME TAX LAW
BCM REVIEW AND RECOMMENDATIONS ON THE DRAFT CORPORATE INCOME TAX LAW
 
Press conference on 9th December 2014
Press conference on 9th  December 2014 Press conference on 9th  December 2014
Press conference on 9th December 2014
 
Agenda Public finance management and audit in Jordan, Amman 4-5 November 2014
Agenda Public finance management and audit in Jordan, Amman 4-5 November 2014Agenda Public finance management and audit in Jordan, Amman 4-5 November 2014
Agenda Public finance management and audit in Jordan, Amman 4-5 November 2014
 
Anak 24.01.18
Anak 24.01.18Anak 24.01.18
Anak 24.01.18
 
Report on r m on beps
Report on r m on bepsReport on r m on beps
Report on r m on beps
 
YUOSUFS UPDATED RESUME
YUOSUFS UPDATED RESUMEYUOSUFS UPDATED RESUME
YUOSUFS UPDATED RESUME
 
Asia Counsel Insights 1 October 2015
Asia Counsel Insights 1 October 2015Asia Counsel Insights 1 October 2015
Asia Counsel Insights 1 October 2015
 
The Australian Taxation Office change program – lessons about IT procurement
The Australian Taxation Office change program – lessons about IT procurementThe Australian Taxation Office change program – lessons about IT procurement
The Australian Taxation Office change program – lessons about IT procurement
 

Más de PearlRadio Station

Más de PearlRadio Station (20)

Third quarter macro monitor executive summary 2013
Third quarter macro monitor executive summary 2013Third quarter macro monitor executive summary 2013
Third quarter macro monitor executive summary 2013
 
Results caribbean championship 2013 barbados
Results caribbean championship 2013 barbados Results caribbean championship 2013 barbados
Results caribbean championship 2013 barbados
 
Middle Region Sewage System Maintenance Road Closure
Middle Region Sewage System Maintenance Road ClosureMiddle Region Sewage System Maintenance Road Closure
Middle Region Sewage System Maintenance Road Closure
 
Sxm day 2013 program of events
Sxm day 2013 program of eventsSxm day 2013 program of events
Sxm day 2013 program of events
 
Two articles on the basis of this speech prepared Pt 2
Two articles on the basis of this speech prepared Pt 2Two articles on the basis of this speech prepared Pt 2
Two articles on the basis of this speech prepared Pt 2
 
Two articles on the basis of this speech prepared Pt 1
Two articles on the basis of this speech prepared Pt 1Two articles on the basis of this speech prepared Pt 1
Two articles on the basis of this speech prepared Pt 1
 
Report of the president 2012
Report of the president 2012Report of the president 2012
Report of the president 2012
 
Central Bank of Curcao & St.Maarten Annual Report 2012 Release 2
Central Bank of Curcao & St.Maarten Annual Report 2012 Release 2Central Bank of Curcao & St.Maarten Annual Report 2012 Release 2
Central Bank of Curcao & St.Maarten Annual Report 2012 Release 2
 
Central Bank of Curacao & St.Maarten's Annual report 2012
Central Bank of Curacao & St.Maarten's Annual report 2012Central Bank of Curacao & St.Maarten's Annual report 2012
Central Bank of Curacao & St.Maarten's Annual report 2012
 
Central Bank of Curcao & St.Maarten Annual Report 2012 Release 1
Central Bank of Curcao & St.Maarten Annual Report 2012 Release 1Central Bank of Curcao & St.Maarten Annual Report 2012 Release 1
Central Bank of Curcao & St.Maarten Annual Report 2012 Release 1
 
Futsal Quarter Finals…”Ghetto Boyz first to pack up and go”
Futsal Quarter Finals…”Ghetto Boyz first to pack up and go”Futsal Quarter Finals…”Ghetto Boyz first to pack up and go”
Futsal Quarter Finals…”Ghetto Boyz first to pack up and go”
 
Objection against price increase for electricity and water
Objection against price increase for electricity and waterObjection against price increase for electricity and water
Objection against price increase for electricity and water
 
Quarter finals still illusive for team Ghetto Boyz]
Quarter finals still illusive for team Ghetto Boyz]Quarter finals still illusive for team Ghetto Boyz]
Quarter finals still illusive for team Ghetto Boyz]
 
EEZ Commission meet on Saba
EEZ Commission meet on SabaEEZ Commission meet on Saba
EEZ Commission meet on Saba
 
Central Bank Of St.Maarten & Curacao's Quarterly Report 2012
Central Bank Of St.Maarten & Curacao's Quarterly Report 2012Central Bank Of St.Maarten & Curacao's Quarterly Report 2012
Central Bank Of St.Maarten & Curacao's Quarterly Report 2012
 
Press release 1st extra-ordinary meeting of the coctc copenhagen[1]
Press release   1st extra-ordinary meeting of the coctc copenhagen[1]Press release   1st extra-ordinary meeting of the coctc copenhagen[1]
Press release 1st extra-ordinary meeting of the coctc copenhagen[1]
 
Vice Consul of the United States for the Dutch Caribbean will be in Bonaire f...
Vice Consul of the United States for the Dutch Caribbean will be in Bonaire f...Vice Consul of the United States for the Dutch Caribbean will be in Bonaire f...
Vice Consul of the United States for the Dutch Caribbean will be in Bonaire f...
 
Letter by sint maarten medical center to inspectorate
Letter by sint maarten medical center to inspectorateLetter by sint maarten medical center to inspectorate
Letter by sint maarten medical center to inspectorate
 
Futsal Weekend Highlights and Scores
Futsal Weekend Highlights and ScoresFutsal Weekend Highlights and Scores
Futsal Weekend Highlights and Scores
 
Ombudsman Recieves Letter On Kadaster & Public Registries
Ombudsman Recieves Letter On Kadaster & Public RegistriesOmbudsman Recieves Letter On Kadaster & Public Registries
Ombudsman Recieves Letter On Kadaster & Public Registries
 

Último

如何办理(BU学位证书)美国贝翰文大学毕业证学位证书
如何办理(BU学位证书)美国贝翰文大学毕业证学位证书如何办理(BU学位证书)美国贝翰文大学毕业证学位证书
如何办理(BU学位证书)美国贝翰文大学毕业证学位证书
Fi L
 
Minto-Morley Reforms 1909 (constitution).pptx
Minto-Morley Reforms 1909 (constitution).pptxMinto-Morley Reforms 1909 (constitution).pptx
Minto-Morley Reforms 1909 (constitution).pptx
Awaiskhalid96
 

Último (20)

KAHULUGAN AT KAHALAGAHAN NG GAWAING PANSIBIKO.pptx
KAHULUGAN AT KAHALAGAHAN NG GAWAING PANSIBIKO.pptxKAHULUGAN AT KAHALAGAHAN NG GAWAING PANSIBIKO.pptx
KAHULUGAN AT KAHALAGAHAN NG GAWAING PANSIBIKO.pptx
 
Pakistan PMLN Election Manifesto 2024.pdf
Pakistan PMLN Election Manifesto 2024.pdfPakistan PMLN Election Manifesto 2024.pdf
Pakistan PMLN Election Manifesto 2024.pdf
 
如何办理(BU学位证书)美国贝翰文大学毕业证学位证书
如何办理(BU学位证书)美国贝翰文大学毕业证学位证书如何办理(BU学位证书)美国贝翰文大学毕业证学位证书
如何办理(BU学位证书)美国贝翰文大学毕业证学位证书
 
BDSM⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort Service
 
Nurturing Families, Empowering Lives: TDP's Vision for Family Welfare in Andh...
Nurturing Families, Empowering Lives: TDP's Vision for Family Welfare in Andh...Nurturing Families, Empowering Lives: TDP's Vision for Family Welfare in Andh...
Nurturing Families, Empowering Lives: TDP's Vision for Family Welfare in Andh...
 
BDSM⚡Call Girls in Greater Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Greater Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Greater Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Greater Noida Escorts >༒8448380779 Escort Service
 
28042024_First India Newspaper Jaipur.pdf
28042024_First India Newspaper Jaipur.pdf28042024_First India Newspaper Jaipur.pdf
28042024_First India Newspaper Jaipur.pdf
 
TDP As the Party of Hope For AP Youth Under N Chandrababu Naidu’s Leadership
TDP As the Party of Hope For AP Youth Under N Chandrababu Naidu’s LeadershipTDP As the Party of Hope For AP Youth Under N Chandrababu Naidu’s Leadership
TDP As the Party of Hope For AP Youth Under N Chandrababu Naidu’s Leadership
 
Verified Love Spells in Little Rock, AR (310) 882-6330 Get My Ex-Lover Back
Verified Love Spells in Little Rock, AR (310) 882-6330 Get My Ex-Lover BackVerified Love Spells in Little Rock, AR (310) 882-6330 Get My Ex-Lover Back
Verified Love Spells in Little Rock, AR (310) 882-6330 Get My Ex-Lover Back
 
BDSM⚡Call Girls in Indirapuram Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Indirapuram Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Indirapuram Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Indirapuram Escorts >༒8448380779 Escort Service
 
Call Girls in Mira Road Mumbai ( Neha 09892124323 ) College Escorts Service i...
Call Girls in Mira Road Mumbai ( Neha 09892124323 ) College Escorts Service i...Call Girls in Mira Road Mumbai ( Neha 09892124323 ) College Escorts Service i...
Call Girls in Mira Road Mumbai ( Neha 09892124323 ) College Escorts Service i...
 
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopkoEmbed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
 
WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)
WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)
WhatsApp 📞 8448380779 ✅Call Girls In Chaura Sector 22 ( Noida)
 
How Europe Underdeveloped Africa_walter.pdf
How Europe Underdeveloped Africa_walter.pdfHow Europe Underdeveloped Africa_walter.pdf
How Europe Underdeveloped Africa_walter.pdf
 
BDSM⚡Call Girls in Sector 143 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 143 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 143 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 143 Noida Escorts >༒8448380779 Escort Service
 
Embed-4.pdf lkdiinlajeklhndklheduhuekjdh
Embed-4.pdf lkdiinlajeklhndklheduhuekjdhEmbed-4.pdf lkdiinlajeklhndklheduhuekjdh
Embed-4.pdf lkdiinlajeklhndklheduhuekjdh
 
1971 war india pakistan bangladesh liberation.ppt
1971 war india pakistan bangladesh liberation.ppt1971 war india pakistan bangladesh liberation.ppt
1971 war india pakistan bangladesh liberation.ppt
 
Lorenzo D'Emidio_Lavoro sullaNorth Korea .pptx
Lorenzo D'Emidio_Lavoro sullaNorth Korea .pptxLorenzo D'Emidio_Lavoro sullaNorth Korea .pptx
Lorenzo D'Emidio_Lavoro sullaNorth Korea .pptx
 
30042024_First India Newspaper Jaipur.pdf
30042024_First India Newspaper Jaipur.pdf30042024_First India Newspaper Jaipur.pdf
30042024_First India Newspaper Jaipur.pdf
 
Minto-Morley Reforms 1909 (constitution).pptx
Minto-Morley Reforms 1909 (constitution).pptxMinto-Morley Reforms 1909 (constitution).pptx
Minto-Morley Reforms 1909 (constitution).pptx
 

Chamber program 2012

  • 1. Chamber Program 2012 “New Country, New Approach” January 13, 2012 The first year of Country Sint Maarten, since October 10, 2010, was a year of learning and adaptation. In fact the past year served for Government and the Stakeholders to adapt to the new system and to learn how to act as a country within the Kingdom of the Netherlands and without the traditional layer of a Federal Government. In this process of change, the Chamber of Commerce and Industry, as the umbrella organization representing the private sector, must utilize its unique position of being an Advisor to Government to help and assist in a more effective and result driven manner, with the ultimate goal being: more sustainability and further improvement of the Economic Development of Sint Maarten. For the last few years, the Chamber has embarked on multiple initiatives, some of them have been completed, and others are in their final stage of implementation. The Executive Board wishes to finalize all these initiatives on the Chamber program for the year 2012, while dealing with all current affairs related to the private sector. The priorities of the Chamber achievements for 2012 can be divided into 3 sections: Chamber Internal Affairs, Chamber Local Involvement and Chamber Regional and International participation. N.B. The list of priorities listed below is not in any chronological order as the Board needs to approve them and establish timelines and deadlines for their realization. I. The Chamber Internal Affairs: Now that the physical revamp of the Chamber’s facility is completed, the managerial positions filled and the registry software installed, what need to be done in 2012 is as follows: 1. The GAMMA Software: Considering the multiple pressures to share the data with certain government entities, the Chamber registry software must be completely finalized as soon as possible for the Board to determine the final conditions for its accessibility by third parties. The Executive Board considers that this year’s MIS committee (to be chaired by Mr. Ajay Rawtani) must prepare, in collaboration with the Director, the Office Manager and the IT Manager, an assessment of the situation and a plan of action. 1
  • 2. 2. The Chamber Personnel: The Executive Board considers it urgent that a review, an evaluation and the training of all the Chamber personnel must take place as soon as possible to determine the different tasks and responsibilities of the employees. The Director is instructed to prepare of job descriptions of each Chamber employee, and to identify an independent person/entity to do the evaluation and prepare the TOR for the training of the personnel. While the personnel are being trained, a salary scale will be established based on performance. 3. The Collection of the Chamber dues: An efficient system of collection must be put in place for the collection of membership dues after which a registry clean-up must be done to be able to have the most accurate data. The Executive Board would like to suggest the approach of hiring 2 or 3 local unemployed youth and to train them for this task. The team will also have the necessary tools, such as uniforms and transportation. The Director is charged with the preparation and submission of the different offers for the uniforms and the transportation vehicle. 4. The Chamber Ordinance & Standing Order: The Federal Ordinance, under which the Chamber functioning is regulated, dates as far back as 1945 and amended several times through the years, the last amendment dates as far back as September 1979. Now that we are Country, we need to start preparing a “Country Ordinance”. In the planned ordinance we can adjust certain aspects according to the Sint Maarten specifics. Once approved by the relevant authorities, the Ordinance will also serve to place the Chamber in its rightful position, as no mention was made in the Country Constitution. The Executive Board thinks that this initiative must start by having a Notary to make an interactive presentation of the existing Chamber laws to the Board. This way, while learning about rights and obligations, all Board Members will have the chance to expose their thoughts and recommendations. Notary Francis Gijsbertha was identified to carry out this task and the Director was instructed to initiate the process. 5. The Registry Regulation: In December 2009, 2 sets of laws were approved by the then Parliament of the Netherlands Antilles. Some parts of the laws were implemented since January 2010, other parts still pending and must be finalized as soon as possible. The most important part to be finalized this year is the obligation of 2
  • 3. businesses to include the Chamber Registration number on all their company letter heads, invoices, bills of order etc. The Executive Board has identified September 1, 2012 as the deadline for businesses to comply with this part of the law. This date was chosen as it corresponds with the termination of the country phone code 599 and its permanent replacement with 1-721. This way, it will be cheaper for businesses to comply with 2 regulations with one cost. The Director was instructed to start preparing a plan of approach, including an information campaign. II. The Chamber Local Involvement: In representing the Private Sector, the unique position of the Chamber as Advisor to Government allows its involvement at the local level to be more effective and more productive. This can be done through the Chamber representatives in the several committees and through ad hoc interventions. 1. The Advisory Committees and the Standing Committees: Provision is made in the Chamber Rules of Procedure to permit the review and update of the different committees (Art.16, Art.17 and Art.18). At this stage of the Country, the Executive Board considers it necessary to review and update all the committees and their representatives and to establish more regular and efficient ways of communication between the Board and the representatives. 2. Collaboration with Government Apparatus: A definitive approach must be established and approved by the board with regards to the most legal and ethical way of sharing the Chamber Data Base. This process must be solely motivated by the willingness to help government in having their data base updated to seek, among other things, the Broadening of the Tax Base. The Executive Board considers that it is time for the Chamber to increase the collaboration with government in all areas to help improve the economic climate. Besides the sharing of data, other ways of assistance could be the initiation of sectoral surveys, the first ones could be in the Marine sector and in the Condominium/Timeshare sector. The primary intention of these surveys is to ensure that all businesses operating on the Dutch Side are registered at the Chamber, while the results of the surveys, once shared with government, will help to better regulate the economy. 3
  • 4. 3. The Business License Advisory: Since the decision taken a few years ago to have this task fulfilled by the Chamber management instead of the Licensing Committee, the Board has not been informed of any major hiccups or difficulties. Nonetheless, at the indication of the Director that no requests were received by the Chamber since November 2011, the executive Board find it urgent to review the entire situation and make a realistic assessment for the Board to take a decision accordingly. The Director will contact VOSEC to inquire about the requests. 4. The Labor/Work Permits issues: In conjunction with the business licensing, and in light of the high rate of unemployment, especially among the youth, it is high time now to also assess the situation and advise Government accordingly 5. Further Assistance to Local Small Businesses: In continuation with the initiative that started last year with the Small Hotels sector, further assistance is needed from the Chamber, especially with regards to soft loans through the Development Bank OBNA and/or Commercial Banks. In expediting the identification of the different possibilities, the Executive Board is of the opinion that the Chamber must also take a proactive approach with the commercial banks and encourage them for more involvement. E.g. the training program that the WIB did in the past that included training courses for local small businesses. 6. The Chamber Business Directory: Determined to be an additional tool of information, locally and regionally, the business directory should be re-commissioned. The Executive Board is of the opinion that this initiative should not cost the Chamber anything in the first place and that it should be implemented through a transparent public bid, with specific terms of reference allowing the Chamber possibilities of monitoring and control. 7. Cost of Living and Cost of Doing Business: The cost of living is an issue that has been frequently raised, especially by the employee’s organizations. It has also been a concern of the Chamber through the years, as the maintaining or the decrease of the cost of living will give more buying power to the employee’s salary. The cost of doing business is of greater importance to the Chamber as the business 4
  • 5. community is often complaining about. As these costs are ultimately carried over to the consumer, the effects are even greater to the entire society. The President has indicated that this year, the Chamber must look at this situation diligently. One of the avenues the President is strongly advising to look at is the food basket and increase it in quantity and quality. He took the example of Curacao who just implemented the addition of fruits and vegetables to their government controlled food basket. For the cost of doing business, in continuation with the past efforts of the Chamber to have some relief for the business from GEBE, more areas of concerns must be added such as telecommunication and interest rates that could encourage more local investments. 8. The Consumer Protection Act/Authority & BBB: The Consumer Protection process initiated by SBDF is also an additional avenue for the Chamber to engage in, along with SBDF and Government, as it was indicated to Parliament during the meeting last year. In consideration of the increased number of consumer complaints the Chamber has been receiving, the President is of the opinion that it is now high time to join forces with SBDF (the project owner) and Government to establish this mechanism that will primarily serve, not only the protection of the consumers, but most importantly to protect the reputation of Sint Maarten as a shopping destination. The other consideration, the President is advising, is the establishment of a Better Business Bureau that will be tasked with the dissemination of information on best practices with regards to the further protection of businesses and the consumers. For that purpose, a section of the Chamber will be remodeled to serve as a Chamber Desk where information will also be provided for the visitors and potential investors. 9. Security, Crime Prevention and Youth Vocational Education: The security issues our business community is lately experiencing are intertwined mainly with the present high youth unemployment. As much as the Security Camera System that the Chamber has now been championing for years is an important tool of prevention, it is also equally important to have a proactive role with government and the businesses in creating more job opportunities through Training and Education for the unemployed youth. With the experience as Chairman of the Security Committee, the President is insisting that this year the Chamber should play a bigger role in the crime prevention through training and education. The multiple opportunities that 5
  • 6. exist in several sectors must be conducive to much more youth training, employment and entrepreneurship. One of the ideas the President is strongly recommending that the Chamber should explore is the encouragement of youth to be more involved in studying hotel management, hospitality and culinary arts. This can be done through the University of St. Martin in similar way what the Hotel Academy is doing in Curacao III. The Chamber Regional and International Participation: Considering the international economic difficulties the United States and Europe are presently experiencing, Sint Maarten must seriously look at another pillar to add to the Economy. What could be considered as a realistic new pillar to consider is becoming a “Supply Platform” similar to what Panama has to offer, an E-Zone Park offering goods to the region. With the reputation of Sint Maarten, its geographic location and its sophisticated infrastructure, the Chamber can lead this process in partnership with government and the business community. 1. Trade Shows and Trade Missions: Now that we are a country, the work done in the past 7 years through the Chamber affiliation with CAIC can be further sustained through the official support of government to the private sector. In fact, the involvement of politicians in the attendance and organization of Trade Shows and Trade Missions often leads to more economic cooperation and development The Executive Board considers this is a priority and believes that the first mission should be to Panama. This will permit to the Chamber and the members to learn about the distribution platform Panama presently enjoys. In this initiative, the Chamber will also try to make use of the offer made by Copa Airlines of 10 round trip tickets and to assist us in the logistics of the mission. A decision was taken to approach the Tourist Bureau for assistance to start the talks with Copa Airlines. Such initiative will certainly open additional opportunities from the South American market. In the same effort, the President is recommending that the Chamber should seek additional ways in promoting Sint Maarten as a “Shopping Destination” for the Caribbean. This must be done by talking with the regional airlines like LIAT and RedJet for them to consider lower fare for passengers and cargo. To achieve optimal results in this initiative, the Chamber is collaborating with the Ministry of Economic Affairs and Tourism and the Tourist Bureau to conjointly seek the best possible approach to achieve this goal. 6
  • 7. 2. Regional Economic Summit: In furthering Sint Maarten exposure to the rest of the Caribbean, holding an economic summit, consisting of prominent business persons and government officials, will certainly open multiple opportunities for the local businesses and for Foreign Direct Investment. In line with the Chamber decision to host the CAIC 7th Annual Private Sector Meeting with the region Ministers of Economy in Sint Maarten this year, the Executive Board thinks that it could be a good idea to include a Regional Economic Summit. Decisions were taken to inquire about the projected dates of the CAIC event and to establish a special committee to be tasked with the early planning. One of the possibilities that must be explored is EU funding through INTERREG, if the summit is organized in collaboration with the Chamber of Commerce of the French Side. 3. Additional Funding Support: With the funding from the Netherlands, especially for the Social Economic Initiative (SEI) is being phased out by the end of 2012, additional sources of funding need to be explored for the sustainability and the further development of the economy. Other funding possibilities from the Netherlands and from other sources must be identified. 4. Advice on CARICOM & OECS Relations: With the latest decision taken during the Kingdom meeting in the Netherlands on the autonomy of the different countries in their foreign economic relations, the Chamber must further emphasize to Government the urgency to finalize the association with CARICOM. Possibilities to also join the OECS must be explored and advised to government. In following up with the Chamber Advice to Government to apply for an Associate Member status with CARICOM, a decision was taken to forward a letter to Prime Minister Sarah Wescot-Williams on the issue and to also request a meeting with her to have an update and further discuss any bottlenecks. 5. The Dutch Caribbean Association of Chambers: In following up with the state of affairs on the creation of the DCAC, along with the chambers of Curacao and Aruba, certain pending issues must be looked at and determined, e.g. the official language of the association. After indication by the Director that the process is presently stalled waiting on the reaction of Aruba Chamber, the Executive Board has determined 7
  • 8. that this will be the occasion for the entire concept to be reviewed and decided upon by the Board. One of the most important points that raised much discussion last year was the official languages of the planned association; the majority of the members were of the opinion that although Dutch is the language, the English must be also considered. This is very important as Dutch and English are the 2 official languages of Country Sint Maarten and that most of our business community are not well versed in Dutch 6. Relationship with the French Side: Restart the dialogue with the French Chamber of Commerce to seriously seek ways of collaboration in the development of the island as a whole. A decision was taken to organize a meeting with the French Side Chamber to determine a realistic approach toward more effective ways of collaboration and cooperation. 7. Public Private Partnership: Revive the decision taken by the Board in early 2011 to have a more effective approach to the establishment of a Public/Private Partnership with Government. Considering the latest decision of the Kingdom partners during their meeting in the Netherlands, to give autonomy to each country in their Economic Foreign Relations, the Executive Board is of the opinion that the Chamber must explore all the possibilities to continue the deliberation on the Public Private Partnership possibilities. A decision was taken to have a meeting with Mr. Bert van Geel, who is assigned by Foreign Affairs Ministry to assist Sint Maarten with its foreign relations, and explore all possibilities. In this regard, the President is suggesting that a new committee is established “Regional & International Relations Committee” that will enclose the CAIC task and all other future opportunities in the building of the regional and international economic development of Country Sint Maarten Additionally, for the establishment of a more effective and coherent partnership with Government, the creation of a “Public Private Partnership Bureau” within the Chamber’s offices, is the best way to go. 8