Exumas and Ragged Island MP Chester Cooper. (FILE PHOTO)
NASSAU, BAHAMAS — Opposition Shadow Minister of Finance Chester Cooper yesterday urged the government to be proactive and not wait for this nation to be placed on another European Union blacklist.
Cooper, during his contribution to debate on a resolution to extend the COVID-19 emergency orders, noted that the European Parliament is looking at setting a “new goal post” for The Bahamas and a few other regional countries.
Members of the European Parliament (MEPs) adopted a resolution last week seeking to put more pressure on the European Commission, its global financial watchdog, that would keep so-called “tax havens” blacklisted until it sees the desired changes to the tax systems of such jurisdictions.