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British Virgin Islands Extends Customs Duties Reduction

27 July 2022

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Approved Changes

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British Virgin Islands

The Government of the British Virgin Islands announced an extension of the reduction of customs duties on 22 July 2022. --- VI Premier Announces Extension of Customs Duties Reduction Premier and Minister of Finance Dr. the Honourable Natalio D. Wheatley today announced the extension the reduction of customs duties. Speaking at today's 'One on One' press conference, Premier Wheatley said Cabinet has approved the extension, which allows for customs duties on imports above five-percent (5%) to be reduced to five-percent for a period of three months, beginning July 15. Premier Wheatley said the reduction is being done "to ease the...