Published On: Wed, Jun 25th, 2014

Competitive procedures for the economy, projects and youth employment measures

SummitWILLEMSTAD - At the conclusion of the economic summit held today, the private sector agreed in taking steps to alleviate youth unemployment while politicians agreed to cooperate for more flexible procedures for immigration for the benefit of the economic development and the promotion of exports.

After a long and thorough preparation, this meeting finally took place in the auditorium of the Chamber of Commerce in Pietermaai. The private sector was represented by the President of the Chamber of Commerce, Mrs. Billy Jonckheer and members of the Board. Also, the Vice President of the Curacao Business Association (VBC), Mr. Joop Kuster was present together with some representatives of the sector interest groups. The representatives of the government parties and the organized private sector made concrete commitments to realize the economic recovery. Melvin Cijntje of the Pueblo Soberano party, Alex Rosaria of PAIS, Marelva Jansen PNP and independent MP Glenn Sulvaran were present on behalf of the government parties. These were also the protagonists who put their signature on the final document at the end of the meeting. During the conference, the parties discussed many concrete actions, and they agreed on particular projects that will give a real push to the economy and create new jobs.

Unemployment and Better Business Bureau

The final document of the Summit reports that the parties will develop a program to tackle the youth unemployment through training and work with the involvement of the government and private sector. This issue will be the first item on the agenda for their next meeting. Furthermore, the Chamber of Commerce and VBC committed to advocate in their own circles for corporate social responsibility and through a 'Better Business Bureau' pursue self-regulation within the sectors. They also encourage companies to carry on with their projects quickly, including expansions, and with the project coordinators from the government proceed to execute them. The government parties will do their utmost to help ease the process for the approval of the projects.

Promote export

Because the economy and the balance of payments are in urgent need of the export of goods and services, the coalition partners will insist on the government for a more flexible immigration policy to mainly support the export sectors. One of the concrete steps is to ease the admission of foreign students in the light of 'transnational education' to stimulate the economy; admission of foreigners who want to escape the winter climate in their own country to their second home in Curacao; admission of foreign investors and their families; and the admission of the crews of sailing, motor yachts and private planes. The parties will also strive to improve Curacao’s competitive position by modifying and structuring procedures to eliminate bottlenecks in the issuance of permits, also, to examine the requirements for a foreign exchange license.


The parties assume that the agreed actions and the problem areas, to be addressed as a priority at the next summit, give sufficient clarity about the economic future of the island and the opportunities it offers. The parties have stated that all the agreed points will be realized no later than October 15, 2014 and there will be another summit by the end of October.

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