Brexit offers us explosive opportunities

Make text smaller Make text larger

  • Opportunity knocks: Britain cutting ties with the European Union could create business opportunities here in Bermuda

    Opportunity knocks: Britain cutting ties with the European Union could create business opportunities here in Bermuda


Dear Sir,

As I write this letter, the British Prime Minister, Theresa May, is in the process of reshuffling her Cabinet to reflect the influence, importance and strength of some key Cabinet ministries/ministers today.

Ministries such as Brexit, which was formed by the Prime Minister in June 2016 but will probably be merged into the Business ministry once Britain’s exit from the European Union is finally realised, together with Treasury, Home, Foreign, Business, Healthcare, Defence and Education are arguably the biggest and most important ministries in the Cabinet. But not necessarily in that order.

Placed on a list of the top five in terms of national interest and importance, Brexit, Treasury, Home, Foreign and Healthcare — commonly referred to as the big beast of politics — then Defence, Business and Education. Again, not necessarily in that order of latter ministries.

But how does it all relate to Bermuda? Brexit and the waves of new business markets and investment opportunities that it can bring into Bermuda?

As Brexit goes into its next phase of negotiations, business opportunities will explode as primary and fundamental changes will be brought about by changes in trade, tariffs and immigration. In business migration, new business investments will flow in search of stable, sophisticated, well-regulated business environments to place their long-term investments, and Bermuda has a gigantic advantage to change its business focus to cultivate new business enterprises and new markets. Rather than laying out the road map for the Government of Bermuda on the specifics of what is on the horizon, I will just simply state that opportunities for Bermuda during this Brexit phase of negotiations are positively explosive.

Finally, do not dismiss, trivialise, squander and/or hesitate regarding the opportunities for Bermuda that will flow from this rare political gift called Brexit.

VALIRIE MARCIA AKINSTALL

London, England

You must be registered or signed-in to post comment or to vote.

Published Jan 10, 2018 at 8:00 am (Updated Jan 10, 2018 at 6:54 am)

Brexit offers us explosive opportunities

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon

  • Take Our Poll

    Today's Obituaries

    eMoo Posts