THURSDAY, DEC. 20: Statement by Chamber President Chris Duggan on behalf of the Council of the Cayman Islands Chamber of Commerce.

“Political stability is a cornerstone of any successful democracy.

"His Excellency the Governor Duncan Taylor’s decision today (19th December) to utilise his discretionary powers under the Constitution to revoke the Hon. W. McKeeva Bush’s appointment as Premier and to appoint the Hon. Juliana O’Connor-Connolly as the new Premier, in addition to accepting her recommendations for the appointment of Cabinet Ministers, brings much needed stability and order to what has been a very difficult and tumultuous time for the people of the Cayman Islands.

"The Council of the Cayman Islands Chamber of Commerce fully supports Governor Taylor's decision and we welcome the appointment of the new Government.

"We stand prepared to work with the new Government to further the development of the Cayman Islands economy and we now look forward to our legislators leaving the difficulties of this past week behind them and working together to positively move our economy and our Islands forward.”