Thursday, March 28, 2024

BCCI points to Arthur’s contribution to development

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Following is a statement from the Barbados Chamber of Commerce and Industry (BCCI) on the passing of former Prime Minister Owen Arthur on Monday.

“The Barbados Chamber of Commerce and Industry (BCCI) joins the nation in mourning the passing of former Prime Minister, Owen Seymour Arthur and, in so doing, acknowledges his contribution to the development of Barbados and the region at large, especially as it relates to economic sustainability, development and growth.

“It was Mr Arthur in his role as Opposition Leader who cited privatisation, expansion and the creation of enterprises as measures to resuscitate the Barbados economy, specifically encouraging the business community to rise above a culture of enterprise which stymied competitiveness, efficiency and innovation. He called for the rethink of the concept of privatisation – encouraging our members to examine the benefits and not be blind sided with negative assumptions.

“The BCCI recalls his firm stance that ‘it is impossible to conceive of any strategy for the expansion of Barbados manufacturing, the growth of non-sugar agriculture, the expansion of micro and small business sectors all of which are driven by domestic demand in the absence of measures to stimulate domestic purchasing power’.

“Throughout his various capacities, Mr Arthur remained a friend of the Chamber, always approachable, always willing to take to the platform, always eager to engage in discussions that served to propel us further – collectively and individually.

“As we look back on the many times that we were blessed by his thought-provoking contributions, we are also grateful for his signature humility and willingness to share knowledge, insights and ideas – to give us reality checks and to consistently challenge us to be better and to do more for the benefit of Barbados. As we continuously work to provide our members with focused leadership and a strong voice to promote the interests of the business community, Mr Arthur’s own voice and strong statements, will live on and be remembered.

“The Barbados Chamber of Commerce extends deepest sympathy to Mr Arthur’s widow, Julie, his daughters Sabrina and Leah and his extended family, the people of Barbados.” (PR)

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