Showing posts with label Baha Mar developer. Show all posts
Showing posts with label Baha Mar developer. Show all posts

Monday, October 25, 2010

Opposition Leader Perry Christie called on Prime Minister Hubert Ingraham to treat Baha Mar developer Sarkis Ismirlian as well as he treats Atlantis Boss Sol Kerzner

Christie: Baha Mar developer should get same treatment as Atlantis boss
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OPPOSITION LEADER Perry Christie called on Hubert Ingraham to treat Baha Mar developer Sarkis Ismirlian as well as he treats Atlantis Boss Sol Kerzner.

Speaking at the presentation of the PLP's position-paper on Baha Mar, Mr Christie said the two men are deserving of the same level of respect.

He said: "I do not know what Sarkis Ismirlian ever did to the prime minister to deserve the kind of humiliating treatment that has been meted out to him in public, time and time again, by Prime Minister Ingraham. It is wrong.

"Mr Ismirlian is deserving of respect, even when we have to disagree with him. It is high time, then, that the prime minister starts talking to Sarkis Ismirlian the same way he always talks to Sol Kerzner."

Mr Christie went on to say that the Bahamas doesn't have "a hope in hell" of being taken seriously by investors, especially in very difficult times, if Mr Ingraham continues to change the "rules of engagement" with investors and continues to believes in "negotiation-by-press-conference".

He said: "You cannot be calling press conferences to tell investors what they must do in order to win your favour. You cannot be telling them one thing in private and then call a press conference to lay down a whole new set of conditions they have to meet, and then when they meet those conditions, you then call yet another press conference to lay down a whole new set of pre-conditions yet again. That is harmful our country's reputation. It is not a wise way to conduct diplomacy. Besides it is a fundamentally unfair way to treat those who are attempting in good faith to make a major investment in our country."

Mr Christie added that there is no use in Prime Minister Ingraham, who left for China on Friday, trying to negotiate a new deal with the Chinese government, which through the China Export-Import Bank is funding the Baha Mar deal, unless Mr Ismirlian and his group are at the same negotiating table.

"There needs to be a tripartite approach to this. Simple logic and plain, good sense demand it. Suppose the PM negotiates a new deal that the Ismirlians cannot or will not live with. What then? What would he have accomplished then? In that case, one foot forward would have been taken followed by two steps backward. That makes no kind of sense.

"I therefore call upon the PM to invite representatives of the Baha Mar Group to join his meeting with the Chinese in China. It is, after all, Baha Mar's project. It seems only sensible and logical and appropriate to have the project owners at the table too so that everything can be settled all at the same time.

Mr Christie went on to say that the Baha Mar project cannot be evaluated in isolation from the "extremely difficult economic circumstances" in which the country finds itself at the moment.

"This is the worst it has been in decades. The level of human suffering is intolerable and threatens the social stability of our country. Unemployment, in particular, is at a painfully high level. Capital inflows have been extremely sparse and spare in recent times, especially in the tourism sector.

"As a result, new employment opportunities for displaced workers, recent secondary school-leavers and college graduates are few and far between. These conditions of acute distress in our country oblige us to embrace the Baha Mar Project. It is, in a very real sense, the only new substantial ray of sunshine that has presented itself."

October 23, 2010

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