Minister Geoffrey Wever met with his Surinamese counterpart, Minister of Finance and Planning S.E. Adelien Wijnerman, during the annual IMF and World Bank meetings in Washington, D.C. One of the key outcomes of their discussion was an agreement to begin negotiations for a fiscal treaty between Aruba and Suriname.
The idea of establishing such a treaty was first introduced by Minister Wever during a trade mission to Suriname in June 2024, which included a large delegation from Aruba’s private sector. The mission aimed to stimulate trade and lay a strong foundation for future cooperation that would strengthen both economies.
This initiative led to the signing of a Memorandum of Understanding (MoU) in October 2024, confirming both countries’ commitment to promoting collaboration. In June 2025, the Council of Ministers of Aruba approved Minister Wever’s request to formally start the process toward a fiscal treaty.
The main purpose of the treaty is to avoid double taxation on the same income, encouraging entrepreneurs from both Aruba and Suriname to expand trade. It will also enhance economic interests and provide legal certainty for businesses in both nations.
Minister Wever emphasized that the fiscal treaty represents a key milestone for the Ministry of Finance, Economic Affairs, and the Primary Sector, aligning with Aruba’s broader goal of creating an attractive tax regime for local businesses and international investors.
He added that Suriname presents several opportunities for Aruban enterprises, such as oil and gas exploration, technical and financial sector collaboration, and imports of fruits, vegetables, and construction materials.
“The treaty between Aruba and Suriname will contribute significantly to our economic growth and create new opportunities for trade and investment,” said Minister Geoffrey Wever.
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