This is the position that has been taken by the Government of Sint Maarten.
The letter makes reference to current developments surrounding CBCS, and that no decisions are to be taken involving shares that country Sint Maarten is entitled to which amounts to 26 per cent of the gold reserves and 26 per cent of the assets of the CBCS.
"We have a new ball game where country Sint Maarten has a certain percentage of shares in the CBCS. Before that, the financial institution fell under the Netherlands Antilles.
"We have to look out and protect our interest. The position taken by the Council of Ministers of Sint Maarten is basically in line with the letter that has been sent to Mr. Tromp with reference to that," Hon. Minister of Finance Hiro Shigemoto stated on Tuesday.
