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Statement on Baha Mar Proceedings

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Nassau, 02 Jul 2015 – On Monday 29 June 2015, Baha Mar Ltd. and 14 affiliated companies involved in the Baha Mar Resort filed for Chapter 11 Bankruptcy in the Courts of Delaware, U.S.A. Baha Mar did this without prior notice to the Government of the Commonwealth of The Bahamas and related entities. And, we are advised that no advance notice was given to the China Export Import Bank (“EXIM Bank”), the China State Construction Company and numerous Bahamian employees and contractors.

Fourteen of the affiliated companies are incorporated and doing business in The Bahamas. They own, operate and have an interest in Bahamian assets and businesses, including much of the land comprising the Baha Mar resort.

As the public is aware, the Prime Minister, for the past several months and as recently as 26 June 2015, has been negotiating and communicating with the Developer and the EXIM Bank to ensure sufficient funding to enable the opening of the resort at the earliest possible opportunity.

The Government at all times will continue to act in the best interest of the Bahamian people. The successful completion and opening of Baha Mar is in the national interest and is a matter of national priority.

Of particular importance is that the nearly 2,400 Bahamian employees who have been prejudiced by this bankruptcy proceeding must be paid. Paying the employees without conditions attached would allow negotiation, hearing and resolution of other critically important issues determinative of the future of this project.

To this end, the Office of the Attorney General, on behalf of the Government of The Bahamas, yesterday wrote to the Developer of Baha Mar advising that it is the position of the Government that the Developer should pay the Bahamian employees. They should not be used as pawns in negotiations about the future of the project. The Developer was also advised that in the event that Baha Mar or the EXIM Bank was unable or unwilling to pay the workers, the Government will step in and make the payment for this month while negotiations continue.

The court documents in this matter were obtained by the Office of the Attorney General only yesterday, 1st July 2015. The team at the Office of the Attorney General and our international lawyers are carefully considering these documents and the issues that they raise. We are advised that the EXIM Bank, the Project’s largest creditor, has not been served with the documents.

The Government and the EXIM Bank today, believing that the Bahamian Supreme Court should hear from all parties with an interest in this matter, asked the Supreme Court to adjourn the Developer’s application for the Bahamian courts to recognize the Orders of the Delaware court. The Supreme Court ordered that the matter be adjourned to Tuesday 6th July 2015 at 10am; that the Attorney General and EXIM Bank be joined as Respondents; and that Baha Mar give the Attorney General the employee payment details so that the employees may be paid. The Hotel Corporation of The Bahamas stands ready to make the payments.

It is important that the public be made aware that the orders obtained unilaterally by the Baha Mar entities from the United States Bankruptcy Court in Delaware were obtained on the basis that matters profoundly affecting the Government and people of The Bahamas will be subject to adjudication in the United States. This would have serious and far-reaching implications for the Commonwealth of The Bahamas as a sovereign nation.

Completion and opening of the Baha Mar resort are matters of paramount importance to The Bahamas. The Government feels very strongly that resolution of the disputes that have delayed the project should occur in the Bahamas, subject to adjudication (to the extent that they cannot be resolved consensually) by Bahamian courts, consistent with the sovereignty of The Bahamas. The Office of the Attorney General and the Government’s international lawyers are therefore examining options that will ensure that the courts of The Bahamas are front and centre in this matter. This would not preclude ancillary orders being sought from foreign courts should such orders be needed – but as a matter of high constitutional principle and in the interests of national sovereignty, it cannot be the other way around.

The Government will continue to keep Bahamians advised of steps taken in this matter. Today for example, the Government has instructed the Department of Information Technology to provide the means by which there will be access to the publicly available court documents in this matter and briefings on court proceedings as and when they occur. This information will be housed on the website of the Office of the Attorney General.

In closing, I cannot say this strongly enough: the Government, led by the Prime Minister, will continue to do everything possible both through negotiations and lawful means to achieve the earliest possible completion of the project and its successful opening, in the national interest.

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ISU Supports Successful Multiagency Demolition Exercise in Blue Hills

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Providenciales, Turks and Caicos Islands, 23 October 2025 — The Crown Land Unit, supported by the Informal Settlements Unit (ISU) and Immigration and Border Services, led the successful execution of a reclamation exercise in Blue Hills on Wednesday October 15, 2025. The Royal Turks and Caicos Islands Police Force provided security for the operation, which formed part of the Government’s ongoing mandate under the Crown Land Ordinance to prevent squatting and encroachment on Crown Land.

During inspections conducted by the Crown Land Unit, illegally constructed timber buildings were identified on parcels 60501/091 and

60501/092. Notices of Illegal Occupation were issued in accordance with the Crown Land Ordinance; however, the persons responsible for the construction failed to comply with the instructions contained in the notices. As a result, enforcement action was taken to remove the structures and reclaim the land.

The exercise resulted in the full reclamation of 0.84 acres of Crown Land, with the removal of sixteen unauthorized and unoccupied timber structures across the two parcels. Of these, four structures were located on parcel 60501/091 (measuring 0.49 acres) and twelve structures on parcel 60501/092 (measuring 0.35 acres).

The ISU reaffirms its commitment to supporting partner agencies in the coordinated management of Crown Land, ensuring that all enforcement actions are carried out lawfully, efficiently, and in the public interest.

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TCI Imports Shift Dramatically – Panama Emerges as Back Door for Chinese Goods as TCI Imports Shift Dramatically

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Deandrea Hamilton | Editor

 

Turks and Caicos, September 6, 2025 – Turks and Caicos Islands’ import bill is telling a story far bigger than dollars and cents. The Statistics Authority’s half-year trade bulletin shows Panama exploding onto the scene as a major supplier, with shipments rising nearly 600 percent in the first half of 2025 compared to the same period last year.

On paper, it looks like TCI has suddenly fallen in love with Panamanian goods. In reality, it’s a snapshot of how the islands are being swept into the currents of global geopolitics.

Panama’s 582% Surge

Between January and June, imports from Panama leapt from just $166,000 in 2024 to $1.13 million this year — an eye-watering 582% increase. But Panama isn’t a new manufacturing powerhouse; it’s a logistics hub. Its Colón Free Trade Zone, one of the largest in the world, specializes in re-exporting Chinese and Latin American goods across the Caribbean.

For Turks and Caicos, that means everything from Hisense televisions and Lenovo laptops to Haier refrigerators is increasingly being routed through Panama instead of Miami or Nassau. Importers are finding cheaper prices, better bulk deals, and fewer tariff headaches as global trade tensions drive up U.S.–China costs.

“The trade war between Washington and Beijing looks remote from Grand Turk or Providenciales,” one local trader told Magnetic Media, “but it shows up right here on our docks. We’re buying the same Chinese products — they just happen to arrive with Panamanian paperwork.”

Italy’s Luxury Touch

While Panama grabbed the headlines with percentages, Italy’s exports to TCI also nearly tripled, climbing from $281,000 to $967,000 (+244%). The bulletin does not identify specific goods, but Italian exports globally are known for furniture, tiles, fashion, and leather products.

Poland’s Quiet Rise

Another surprise name in the trade tables is Poland, which saw exports to TCI almost double, from $3.86 million to $7.18 million (+86%). Poland is among the world’s leading furniture exporters, and its rise in TCI’s statistics underscores how European suppliers are increasingly part of the islands’ import mix.

South Caicos on the Move

The report also points to South Caicos as a key growth point. Imports through the South Caicos Customs Main Office jumped from $384,000 to $2.93 million (+663%), while the South Caicos Harbour Master nearly doubled from $3.6 million to $6.9 million (+94%). Officials link the surge to the island’s new Norman B. Saunders Sr. International Airport and the opening of the Salterra Resort & Spa, signaling how major developments can reshape local trade flows.

The U.S. Still Dominates — Especially Food                                                                                                                                                                            For all the shifts, one fact remains unchanged: the United States is TCI’s biggest supplier, accounting for $443.5 million in imports in the first half of 2025, up 19 percent from the year before. A large chunk of that increase came from food and live animals, which rose 18 percent overall to $103.9 million.

Supermarkets and resorts are stocked with familiar American staples — from Kraft Heinz ketchup and PepsiCo beverages to Tyson Foods’ frozen meats. As the population grows and the tourism sector drives up demand, the U.S. remains the breadbasket and supermarket for the islands.

A Changing Trade Map

Add it all together and the picture is striking. The Turks and Caicos Islands imported $479.5 million worth of goods in the first six months of 2025, up 14.7 percent year-on-year. But behind the topline growth is a reshaped trade map:

  • Panama’s re-exports stand in for Chinese goods once routed through the U.S.
  • Italy and Poland supply higher-end goods, likely for the growing tourism and construction sectors.
  • South Caicos is now a visible player in national trade flows.

For a small economy, these aren’t just accounting quirks — they’re signals of how global forces, local projects, and shifting supply chains intersect. A trade war between giants half a world away is rewriting who stamps the paperwork on the islands’ televisions, sofas, and ketchup bottles.

And as South Caicos’ surge proves, a single development project can swing millions of dollars in international trade.

FYI — The Numbers at a Glance

  • Total imports (Jan–Jun 2025): $479.5M (+14.7%)
  • Panama: $1.13M (+582%)
  • Italy: $967K (+244%)
  • Poland: $7.18M (+86%)
  • U.S.: $443.5M (+19%)

For Turks and Caicos, the trade bulletin isn’t just about numbers. It’s about where the islands fit in a world of shifting power, supply chains, and resort-driven transformation. And for 2025, Panama, Italy, Poland — and South Caicos — are the names to watch.

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Strengthening Maritime Standards: 59 Certified in STCW through Groundbreaking TCICC, Department of Maritime and Shipping and LJM Academy Partnership

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Providenciales, Turks and Caicos Islands – Wednesday, 27 August 2025:  In a significant step toward strengthening maritime safety and professional standards in the Turks and Caicos Islands, the Department of Maritime Affairs (Ministry of Tourism), in partnership with the Turks and Caicos Islands Community College (TCICC) TVET Department and the LJM Maritime Academy – Nassau, Bahamas, successfully delivered the Standards of Training, Certification and Watchkeeping for Seafarers (STCW) training to fifty-nine (59) mariners.

Of this number, forty-nine (49) participants received their first certification, while ten (10) completed re-certification, ensuring that the TCI continues to expand its pool of trained and globally recognised maritime professionals.

The Minister of Education, Youth, Sports and Culture, Honourable Rachel Taylor, commended the initiative while congratulating the participants, noting: The Minister of Education, Youth, Sports and Culture, Honourable Rachel Taylor, commended the initiative while congratulating the participants, noting:

Personal Survival Techniques Training

“Today we celebrate not only the certification of fifty-nine men and women, but also the strengthening of our nation’s human capital. This milestone affirms that our investment in Technical and Vocational Education and Training (TVET) is yielding results, creating real opportunities for our people in high-demand global industries. STCW certification ensures that Turks and Caicos Islanders are not only employable, but also competitive on the world stage, equipped with skills that meet the highest international maritime standards. I am particularly proud that this training was delivered here at home, reducing barriers to access and affirming our commitment to expanding local capacity in alignment with the Blue Economy. To our graduates, I charge you to use this certification as a launchpad whether in tourism, fisheries, environmental management, or private enterprise and to represent the Turks and Caicos Islands with professionalism, discipline, and excellence.”

This training represents the Government’s continued commitment to aligning with global maritime conventions and advancing the Turks and Caicos Islands’ Blue Economy through the development of skilled local capacity. Participants represented a wide cross-section of both public and private entities, including the Turks and Caicos Ports Authority, Department of Maritime and Shipping, Marine Police Branch, Amanyara Resort, Beaches Resort, Southbank, Department of Environmental and Coastal Resources, Department of Fisheries and Marine Resource Management, and several private charter companies.

Honourable Zhavargo Jolly, Minister of Tourism, Agriculture, Fisheries, Heritage and the Environment, echoed Minister Taylor’s sentiments, adding: “This milestone speaks to the direction we are taking as a country. By equipping our people with internationally recognised STCW certification, we are strengthening maritime safety standards, while more importantly opening doors for Turks and Caicos Islanders to take their place in the global maritime economy. Whether starting their own marine based businesses or serving on private yachts within our own ports, this training ensures our people are prepared, competitive, and respected at the highest levels.

I want to commend the Department of Maritime and Shipping, the TCICC team, and our partners at the LJM Maritime Academy for making this opportunity possible here at home. Most importantly, I congratulate the 59 mariners who have completed this training. You are pioneers of the new blue economy we are building, and your success sends a powerful signal: Turks and Caicos Islanders are ready to lead, not only locally but internationally.”

Through this specialised programme, participants gained critical instruction in the following core areas of STCW Basic Training:

  • Personal Survival Techniques (PST) – STCW Code A-VI/1-1
  • Fire Prevention and Fire Fighting (FPFF) – STCW Code A-VI/1-2
  • Elementary First Aid (EFA) – STCW Code A-VI/1-3
  • Personal Safety and Social Responsibilities (PSSR) – STCW Code A-VI/1-4
  • Proficiency in Security Awareness

Established by the International Maritime Organisation (IMO), the STCW Convention sets global benchmarks for the training and certification of seafarers. It ensures that all personnel working on ships are equipped with the knowledge and skills required to operate safely, respond effectively to emergencies, and carry out their duties in accordance with international maritime standards.

In this context, the initiative aligns directly with the Turks and Caicos Islands’ national maritime development strategy, supporting the growth of a robust and compliant maritime industry, expanding employment opportunities for local seafarers, and enhancing the country’s reputation as a responsible, safety-conscious jurisdiction.

The training was conducted at the TCICC Campus from Tuesday, 19 August to Saturday, 23 August 2025, under the leadership of the LJM Maritime Academy, Nassau, Bahamas, with instruction provided by Captain Clayton Delaney and Mr. Kermit Turnquest (Chief Petty Officer, Royal Bahamas Defense Force).

Chairman of the Board of Governors of TCICC, Mrs. Sheba Wilson, commended the team for the successful execution of the course, stating, “The inaugural STCW training exemplifies TCICC’s unwavering commitment to aligning education with the needs of our nation. By certifying 59 participants, we are not only strengthening workforce readiness but also empowering our people to uphold the standard of excellence that continues to define the Turks and Caicos Islands as a premier tourism destination.”

In remarks delivered on her behalf, Dr. Candice Williams, President of TCICC, highlighted the broader significance of this milestone:

You join a growing network of skilled professionals ready to elevate maritime standards, drive responsible operations, and lead with integrity on every horizon, shore and sea. This certification opens doors to diverse, high-impact roles and sets a powerful example for others to follow.

The TCICC President also issued a charge to participants, “As you celebrate this milestone, seize every chance to deepen your skills, pursue additional credentials, and contribute to a thriving and sustainable blue economy. The Turks and Caicos Islands Community College is committed to supporting your journey every mile along your blue-economy journey.”

The Department of Maritime and Shipping and the Turks and Caicos Islands Community College (TCICC) expressed satisfaction with the training’s outcome, proudly noting a 100% pass rate among participants. This achievement reinforces confidence that the newly certified mariners will continue to represent the Turks and Caicos Islands with distinction, professionalism, and the highest maritime standards. The STCW certification initiative signals a new era for Technical and Vocational Education and Training (TVET) in the Islands, creating pathways for young people and professionals to gain globally recognised skills without leaving the country.

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