Seychelles launches Population Action Plan

Posted in Seychelles government at 11:02 pm by Robert Klien

A population action plan for the next 4 years for Seychelles to develop in a sustainable way was launched on July 10, 2008.

The population action plan 2008-2012
was launched after a 1-day seminar at the International Conference Centre that was organised by the Social Policy Division in the Ministry of Health and Social Development.

The action plan is focused on the need for people to act responsibly when exercising their right to plan the family. This will give Seychelles an opportunity to keep up its achievements.

It should be noted that launching the plan marks annual World Population Day.


Seychelles-Mauritius Commission on Bilateral Cooperation holds 8th Session

Posted in Business and Economy, International relations at 12:15 pm by Robert Klien

On July 9-10, 2008, the 8th Session of the Seychelles-Mauritius Commission on Bilateral Cooperation (CBC) took place at the Government House, Port Louis, in Mauritius.

The Minister for Foreign Affairs of Seychelles Patrick Pillay was heading a 4-strong delegation.

The members of the 2 delegations held the meeeting in order to review the cooperation programme and discuss new avenues for future partnership between Seychelles and Mauritius. The issues under discussion were also regional matters sch as the Economic Partnership Agreement, COMESA Fund, Aid for Trade and the Regional Multidisciplinary Centre of Excellence – all these are the issues vitallyl important to the both Seychelles and Mauritius.

It is worth noting that the Commission on Bilateral Cooperation was established after the Agreement of Economic, Scientific and Technical Cooperation between Seychelles and Mauritius was signed in February 1991.

The CBC takes place in the capital of one of the two countries once in 2 years. The 7th Session of the Seychelles-Mauritius Commission on Bilateral Cooperation was held in Seychelles in December 2005.


Seychelles to reschedule debt

Posted in Business and Economy, International Organisations, Seychelles offshore jurisdiction at 12:53 pm by Robert Klien

In the end of June, the Minister for Finance Danny Faure said that Seychelles has officially started the process of debt rescheduling. This process aims at rescheduling and partly writing off its bilateral debt.

Details of recent approaches by the government to the Paris Club, an international grouping of financial officials from 19 of the richest countries in the world, over the Seychelles’ debt, were given to the National Assembly by Minister Danny Faure. The debt now stands at R1.15 billion.

According to Mr Faure, the money borrowed over the years through Seychelles’ bilateral relations with countries such as the United Kingdom, France, Germany, Japan, Spain, Italy, Belgium and Russia has been invested in the socio-economic development of the Seychelles.

Faure said that the President, the minister of finance, the minister of foreign affairs and other government officials have contacted institutions like the African Development Bank (ADB) and the World Bank in order to rally support for negotiation on Seychelles’ debt.

Mr Faure said that the Paris Club wants to move forward with the debt issue, but it needs an indication that the jurisdiction wants to negotiate a programme with the International Monetary Fund (IMF). The Minister also stressed that the country already enjoys good relations with the IMF. So, the process has already begun.


Japanese Ambassador visits President Michel

Posted in Business and Economy, International relations, Seychelles government at 3:12 pm by Robert Klien

It has been described that Seychelles and Japan signed a grant aid agreement for fisheries on June 24, 2008. The same day, the Japanese ambassador to Seychelles, Shigeo Iwatani, who signed the agreement, paid a visit to President James Michel at State House.

Mr Iwatani discussed with the Seychellois President several issues that will boost the relationship between the Japan and Seychelles.

It is worth noting that President Michel gave feedback on his visit to Japan, which was on May 28-30 when he attended the 4th Tokyo International Conference on African Development (Ticad IV).

Michel and Iwatani also discussed another visit by the President to Japan. Mr Iwatani said that they are arranging a date for the visit. This time the visit will be used for talks on bilateral issues.

The discussion by Michel and Iwatani covered the 5-year action plan to identify concrete cooperation projects between Seychelles and Japan.