Antigua and Barbuda Prime Minister Gaston Browne on Thursday (Oct 10) called for the establishment of a global equity restoration tax by developed countries.
The funds, he said, would be used to assist Caribbean countries with a history of slavery. He however maintained that seeking reparation was not a ‘handout’.
Brown was addressing a one-day symposium exploring the historical roots of Western banks in the financing and profiteering from the enslavement of Africans and their descendants in the Diaspora.
Browne said the one per cent tax could be imposed on the world’s most wealthiest to help bring about a realignment of the global community.
“There should be the introduction of a global equity restoration tax on the wealthy, especially that one per cent to adjust the scourge of global inequality …as well as to cover reparatory organisations in the Caribbean,” he said.