The relationship between the Isle of Man, Jersey and Guernsey is the best it has been ‘for a great many years if not ever before’.
That’s according to Chief Minister Allan Bell, speaking following a two day visit by Jersey and Guernsey’s Chief Ministers, Senator Ian Gorst and Deputy Peter Harwood, last week.
Banking reform was high on the agenda, with an agreement being reached for the three Chief Ministers to work together on the issue going forward.
Other matters common to the three Crown Dependencies were discussed, including how governments respond to the pressures of restructuring.
Mr Harwood said: ‘As well as discussing the evolving international agenda, the trilateral meetings also help to identify common social challenges across our three island communities.
‘It is vitally important that Guernsey, Jersey and the Isle of Man continue to share their experiences.
‘The three Chief Ministers have built up very good personal relationships and we will continue to work jointly and learn from each other in the months and years ahead.’
Mr Gorst said adopting a unified position and negotiating collectively had already benefited the islands in the responses to the G8 and tax transparency agendas.
‘The Crown Dependencies will continue to act in the best interests of their own economies, but it is important to recognise that we are competing globally rather than against each other,’ he said.