In order to strengthen the economic and trade links and cooperation between China and The Bahamas, China Council for the Promotion of International Trade (CCPIT), Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC) and the Chinese Embassy in The Bahamas will co-hosted an online Bahamas-China Trade and Investment Forum at 8:30 pm-10:30 pm on 20 October 2021.
The Bahamas continues to be a safe harbor for global financial services, Minister of Economic Affairs Michael Halkitis told attendees of the annual STEP (Society of Trust and Estate Practitioners) LATAM Conference on Friday, explaining that the industry continues to produce talent in the financial services sector that rivals the rest of the world.
International merchandise trade is booming. Exports of many countries are growing at double digit rates and global trade has already surpassed the pre-pandemic levels of 2019. However, the global trade recovery hides an important asymmetry: small economies and the poorest countries are falling behind. Their recovery is not yet in sight.
Governor-General Sir Cornelius A Smith read the Speech from the Throne on Wednesday, October 6, 2021 at Baha Mar’s Convention Centre.
Assuming continued recovery in 2022, driven mainly by increased vaccinations and greater comfort with international travel, we expect The Bahamas to have another year of very high economic growth rates.
