Marshall Islands has been lifted from EU's list of tax havens
Island nation the Marshall Islands, which in 2018 was the world's second-largest flag state measured in tonnage, has officially been removed from the EU's list of tax havens.
News on Marshall Islands.
Island nation the Marshall Islands, which in 2018 was the world's second-largest flag state measured in tonnage, has officially been removed from the EU's list of tax havens.
The Marshall Islands has promised the EU to change its policies in several areas and now stands to be removed from the European list of international tax havens. The country is also one of the world's main flag states.
The Marshall Islands have now overtaken Liberia as the world's second-largest ship register behind Panama as number one. Among several factors, a new wave of Chinese owners have boosted the Marshall Islands' position.
The Marshall Islands foreign minister says in a press release that IMO Secretary General Koji Sekimizu represents a danger to the planet due to a lack of environmental ambitions.