Pictured: (from left) President of Sunshine Insurance Brian Moodie; assistant general manager of Security and General Brian Self; general manager and director of Summit Insurance Timothy Ingraham; general manager of FG Insurance Agents and Brokers and chairman of the BGIA Howard Knowles; Minister Strachan; Royal Star Assurance vice president of Technical Operations Peter Muscroft; co-ordinator of the BGIA Roger Brown; chief risk officer for Colina Holdings Bahamas Ltd and BGIA deputy chairman Emmanuel Komolafe; and undersecretary at the Ministry Peter Deveaux Isaacs. (BIS Photo/Eric Rose)

The Bahamas and the Dominican Republic are considering establishing a joint business council with members of the private sector of both countries. The council is a proposal of Bahamian Financial Services Minister Ryan Pinder, who said a framework for a Memorandum of Understanding on the idea is expected to be completed by the end of this month.