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Engineers look forward to the trade rules that accession will bring<\/h3>\nEngineers look forward to the trade rules that accession will bring<\/h3>\nEngineers in The Bahamas are looking forward to the rules the World Trade Organization (WTO) will bring to their profession, which is already wide-open to foreign participation, Bahamas Society of Engineers President Quentin Knowles said yesterday.<\/p>\n
Knowles, who was a panelist at the Bahamas Business Outlook at Baha Mar, said, at the risk of being branded a \u201cheretic\u201d, he looks forward to the trade rules that will come along with The Bahamas\u2019 accession to the WTO.<\/p>\n
He explained that presently foreign engineers can work in The Bahamas with minimal red tape.<\/p>\n
\u201cOur profession is wide-open,\u201d said\u00a0Knowles.<\/p>\n
\u201cAnybody anywhere can do engineering work in this country. We welcome it (accession) to a certain degree, because at least you will have rules. The World Trade Organization has trade rules. Right now in the local engineering and architectural fields, there are no rules. So at least we\u2019ll have that to fall back on. If we find there are abuses taking place, we have somewhere we can appeal.\u201d<\/p>\n
Local architects and engineers have been appealing to various governments for years to help them participate more in foreign direct investment projects. The investors in those projects often bring in their own architects and engineers, but the local professionals want to see that shift dramatically or change altogether.<\/p>\n
The group Bahamas Engineers, Architects and Allied Professionals (BEAAP) has met with the Ministry of Finance (MOF) and the Bahamas Investment Authority (BIA) to see how professionals in the construction sector can be a part of the government\u2019s processes when bringing foreign investment projects to the country.<\/p>\n
BEAAP Secretary Marcus Laing said\u00a0recently that construction is the biggest indicator of how the economy is doing, but he lamented that much of the big ticket construction business in The Bahamas has always been foreign-directed.<\/p>\n
BEAAP has said before that it wants to stamp out the practice of industry professionals simply acting as frontmen for foreign firms that come in and carry out all the work.<\/p>\n
\u201cA lot of it is enforcement of laws that exist already, and getting ahead of projects as they come in so that local architects, engineers, surveyors and other professionals can actually get in and get the work at an equitable level,\u201d Laing said.<\/p>\n
Source: Nassau Guardian<\/em><\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Engineers look forward to the trade rules that accession will bring Engineers in The Bahamas are looking forward to the rules the World Trade Organization (WTO) will bring to their profession, which is already wide-open to foreign participation, Bahamas Society of Engineers President Quentin Knowles said yesterday. Knowles, who was a panelist at the Bahamas […]<\/p>\n","protected":false},"author":16,"featured_media":6008,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-6085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\n