The Senate adopted last Friday the bill to modernize overseas law. During the general discussion, Senator Guillaume Arnell expressed his satisfaction with the initiative for this project.
The Senate explained that this bill presents in particular measures relating to economic and social development, transport, land use planning, as well as updates to take into account the statutory changes of several overseas communities. . During the general discussion, Guillaume Arnell addressed the measures concerning Saint-Martin, and indicated that it is "crucial that the applicable law can take into account the statutory changes adopted in recent years".
Arrangements to combat expensive living
Regarding economic measures, the senator mentioned that "they plan to extend to Saint-Martin and, to a lesser extent, to Saint-Barthélemy, the mechanisms created by the law of 20 November 2012 on the economic regulation of overseas". It was suggested to create "an Observatory of prices, margins and incomes composed of representatives of the State and of civil society". This project “also plans to establish a price-quality shield”.
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