Brexit, global trade and the overseas territories

Last month a report appeared indicating just how important one of the Caribbean’s overseas territories has become in facilitating global trade.

The study ‘Creating Value: the BVI’s Global Contribution’, commissioned by British Virgin Islands (BVI) Finance from the international research consultancy, Capital Economics, showed that the despite the country’s size, it has managed to create a sustainable balanced economy based on tourism and financial services; and that the islands have become a significant and recognised international facilitator for cross-border trade.