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6/23/2009 
GOVERNMENT OF GRENADA COMMITTED TOWARDS CREATING ENABLI...  
St. George’s, June 23, 2009, (GIS) – The Government of Grenada is committed to providing an “enabling environment’’ where domestic and foreign entrepreneurs will see their investments bear fruit, Finance Minister Nazim Burke has said. He told the opening ceremony of a meeting in St. George’s on Monday that government is determined to develop and reform Grenada’s investment policies, especially with the aim of attracting greater foreign direct investment. “As a government, we recognize that foreign direct investments can provide finance, access to export markets, appropriate inputs, competitive technologies and the cutting edge managerial practices that are of good value to our economy,’’ Mr. Burke said. “We also recognize that for domestic and foreign investors, transparency of information on the rules and regulations dealing with investment is very crucial.’’ Mr. Burke, who is also Minister of Economic Development and Foreign Trade, made the remarks while addressing delegates attending the meeting titled, “Negotiating CARICOM Investment Agreements: State of Play and the Way Forward.’’ He said the administration of Prime Minister Tillman Thomas is endeavouring to increase the flow of quality, foreign direct investments to Grenada. Government is also committed to treating all investors coming into the country equally, the Finance Minister added. “We will do so in accordance with our international or regional obligations,’’ Mr. Burke said.
 

 


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GOVERNMENT OF GRENADA COMMITTED TOWARDS CREATING ENABLI...