The BVI last hosted an Asia Trade Mission in 2018. Since then, several major events have disrupted the business environment in Asia, including COVID-19 and political unrest in Hong Kong.
The BVI's financial services sector relies heavily on Asia, with 57 per cent of its business coming from the region, including 44 per cent from China (including Hong Kong and Macau). The recent political tensions between China and Western countries make this mission particularly important for maintaining the BVI's position..