Major 'mindset' change coming for local firms

Fri, Dec 17th 2010, 07:00 AM

 

Bahamian businessmen will have to undergo a fundamental "mindset" change when this nation accedes to full World Trade Organisation (WTO) membership, this nation's chief negotiator believes, investigating new opportunities and learning the rules themselves rather than relying on the Government to do it for them.
Such a 'culture shock' will be many of the major adjustments for the Bahamian private sector, Raymond Winder, the Deloitte & Touche (Bahamas) managing partner, told Tribune Business, pointing out that by joining the WTO and signing on to other trade agreements, such as the Economic Partnership Agreement (EPA), this natio ...

Bahamian businessmen will have to undergo a fundamental "mindset" change when this nation accedes to full World Trade Organisation (WTO) membership, this nation's chief negotiator believes, investigating new opportunities and learning the rules themselves rather than relying on the Government to do it for them.

Such a 'culture shock' will be many of the major adjustments for the Bahamian private sector, Raymond Winder, the Deloitte & Touche (Bahamas) managing partner, told Tribune Business, pointing out that by joining the WTO and signing on to other trade agreements, such as the Economic Partnership Agreement (EPA), this natio ...

 

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