SIBA warns against Nastla

Posted in Offshore Services, Seychelles offshore jurisdiction, SIBA at 9:54 am by Robert Klien

This year, a notice was issued by the Seychelles International Business Authority.

In the notice, the SIBA drew attention to the website nastla .com as well as to the fact that what is being advertised on this website is not true. The Authority claimed that neither Nastla Investments nor Nastla Inc are licensed, authorised or registered by the SIBA.

Members of the public were strongly advised by the Authority to be extremely cautious when dealing with Nastla Investments and Nastla Inc.


Seychelles President attends Comesa Summit

Posted in International Organisations, International relations, Seychelles government at 9:59 pm by Robert Klien

The President of Seychelles James Michel has recently attended the 13th summit of the Common Market for Eastern and Southern Africa (Comesa) in the Zimbabwean town of Victoria Falls.

The summit was attended by 13 heads of state. The 13 Comesa Summit was entitled “Consolidating Regional President MichelIntegration through Value Addition, Trade and Food Security” started on June 8, 2009.

The summit has attracted more than 1 000 delegates from the Comesa countries as well as from the Southern African Development Community, the African Union, the United Nations, the European Union, the Commonwealth, the International Monetary Fund and the World Bank.

According to President Michel, “The recent world crisis brings many challenges, but also opens up certain opportunities for developing countries. Through regional groupings such as Comesa, small islands such as Seychelles can also ensure that regional integration initiatives do not ignore key vulnerabilities and specificities”.


EU to move its anti-piracy operations to the Seychelles region

Posted in Business and Economy, International relations, Seychelles government at 11:55 am by Robert Klien

It has recently been discussed that 3 Somali pirates were arrested in the Indian Ocean off the Seychelles.
It has recently been announced that the European Union is going to move its anti-piracy operations further south to the Seychelles region.

Also, the EU is to keep up its presence in the Indian Ocean for as long as needed – as long as pirate activity is present in the region. During recent talks held in Brussels between Environment, Natural Resources and Transport Minister Joel Morgan and Javier Solana, the EU’s high representative for the Common Foreign and Security Policy, the above-mentioned intention of the EU was announced.

It is worth noting that Morgan attended the 1st meeting of fisheries ministers of the African, Caribbean and Pacific (ACP) countries and during that stressed the serious threat posed by acts of piracy to the economy of Seychelles. The meeting with Mr Solana in the presence of Seychelles’ ambassador to the EU Barry Faure and principal secretary for natural resources and transport Veronique Herminie, was held on June 4.