Thursday, July 25, 2013

China and Seychelles Create Stimulus for Further Consultation

China and Seychelles Create Stimulus for Further Consultation

23.07.2013
Mr. Jean Paul Adam, the Seychelles Minister for Foreign Affairs, has signed an agreement for the establishment of a political mechanism aimed at enhancing and further promoting friendly relations and cooperation with the People’s Republic of China in a ceremony held in Beijing yesterday.
The agreement provides for the setting up of a mechanism that will increase coordination and communication between the two Foreign Ministries on matters of bilateral, Regional, and International issues of common interest.
The signing took place following a bilateral meeting with the new Chinese Foreign Minister of the People’s Republic of China, Mr. Wang Yi. Mr. Wang, who was appointed to the post earlier this year, noted that, the new Chinese Leadership would continue to cherish the partnership with Seychelles.
Minister Adam also met with H.E Mr. Yang Jiechi, Member of the State Council, who is also the Former Foreign Minister.
In his opening remarks to both officials, Minister Adam conveyed the condolence and solidarity of President Michel and the Government and People of Seychelles following the devastating earthquake that hit the city of Dingxi early yesterday morning.
In his meetings with both Mr. Wang and Mr. Yang, Minister Adam, who is on his first Official trip to China, discussed existing, as well as, new areas of partnership with China such as in marine research and security, aquaculture, a code share agreement and direct air link between the two countries, community based projects, the opening of a new consulate General in Shanghai, extension of cooperation between the Seychelles Broadcasting Cooperation and CCTV, as well as the possible increase of scholarship programmes.
For his part, the Chinese Foreign Minister took the opportunity to reaffirm China’s support in furthering the “all round” cooperation which exists between the two countries, urging Seychelles to submit a 5 year plan to the Chinese Government to ensure a sustainable footing in the demarche for continued cooperation.
Minister Adam expressed the Seychelles Government’s appreciation for the various projects China has successfully implemented over the years, notably China’s assistance in several major infrastructure projects such as the new opened ‘Palais de Justice’, the Anse Royale Hospital, and the Second phase of the Les Mamelles housing project amongst others.
In reiterating Seychelles’ appreciation for the historic full visa waiver Agreement signed in May this year between the two countries, Minister Adam stated that, “Seychelles is proud to be the first African country to sign a full visa-waiver agreement with China. It represents the strength of partnership between our two countries.”
Minister Adam described the signing of the visa-waiver agreement is a new chapter in the relations between the two countries.
Describing Seychelles as the “Pearl in the Indian Ocean”, Mr. Yang affirmed that while the Seychellois tourists will undoubtedly increase in China, likewise, more Chinese tourists will also be encouraged to travel to Seychelles, adding that China has much to learn from Seychelles in tourism.
During the discussions the two Foreign Ministers expressed the support of their Governments to work together for the common interest of World stability. Minister Wang, reiterated China’s support to continue developing warm and friendly relations with big and small countries alike in the interest of international security, adding that China will continue to support developing countries like Seychelles.
The Foreign Minister also praised Seychelles for its bold step in carrying out economic reforms, adding, “Without reform it is difficult to have sustainable development.” Discussions also focused on the expansion of Chinese assistance to Seychelles in maritime cooperation especially in Seychelles efforts against piracy. The Chinese Foreign Minister underscored Seychelles tremendous efforts in combating piracy, noting that Seychelles position as an island nation, occupies an important position in the ocean. To this effect both Seychelles and China agreed in stepping up efforts to work together for the common interest of international peace and security.
Editor’s notes:
  • Seychelles and the People’s Republic of China established diplomatic relations in June 1976.
  • President Michel attended the Beijing Summit of the China-Africa Forum, in November 2006.
    • President Michel also attended the opening of the Olympic Games in Beijing on 8th August, 2008, (which saw the participation of 8 Seychellois athletes)
    • President Michel Participated in the Tourism Seminar held in Beijing on 16thOctober 2009, where he delivered the opening address.
    • He was also invited to and participated in the opening ceremony of the EXPO 2010 in Shanghai.
    • President Michel also visited China in October 2011 and discussed a number future cooperation in such fields like renewable energy, transport and tourism.
    • In both 2006 and 2009, President Michel had discussions with President Hu Jintao
    • Minister Jean Paul Adam visited Beijing in 2012 to attend the Forum on China-Africa Cooperation (FOCAC).

Le Président Michel félicite les Rois Philippe et Albert II de Belgique

Le Président Michel félicite les Rois Philippe et Albert II de Belgique

23.07.2013
Suite à l’abdication du Roi Albert II en faveur de son fils le Prince Philippe, le Président James Michel a adressé un double message dans lesquels il salue la décision du père qu’il a qualifiée de « sage » et présente ses très chaleureuses félicitations au nouveau Roi qui a été intronisé dimanche au cours d’une cérémonie émouvante qui s’est déroulée en présence de toutes les grandes institutions belges.
A l’adresse du Roi Albert II, le Président Michel écrit: « Cette décision qui traduit un profond sens du devoir et de respect envers les Belges et les institutions, porte en elle un vrai message de cohésion sociale, de solidarité et de rassemblement de tous vos concitoyens autour des valeurs qu’ils ont en partage ».
Il a félicité le Roi Albert II pour la chaleur et la compassion qu’il a su apporter aux Belges durant son règne, avant de lui souhaiter plein succès dans ses nouvelles fonctions.
Dans le message adressé au Roi Philippe, le Président Michel réaffirme sa totale disponibilité à œuvrer de concert avec lui afin de renforcer les relations d'amitié et de coopération qui existent entre les deux pays.
Il a saisi cette occasion pour transmettre à  la famille du nouveau Roi ses vÅ“ux les plus sincères de bonheur et de quiétude et a souhaité que sous sa sage conduite  les prochains jours soient « porteurs de bien et de progrès » pour le peuple belge.
« Je reste convaincu que grâce aux hautes qualités humaines et la grande compétence dont vous avez fait preuve dans les responsabilités qui étaient les vôtres en tant que Prince, vous poursuivrez, avec dévouement, non seulement l’important rôle de modérateur de la vie politique mais aussi la marche de progrès, de dignité et de développement entretenue par votre père sa Majesté le Roi Albert II. », a conclu le Président Michel dans son message.
A noter que Sa Majesté Albert II a abdiqué ce dimanche 21 Juillet 2013, jour de fête Nationale en Belgique. Il avait annoncé sa décision le 3 juillet dernier évoquant son âge avancé et sa santé.

Monday, July 22, 2013

Seychelles Extends Sympathies China Following Earthquake

Seychelles Extends Sympathies China Following Earthquake

22.07.2013
President James Michel has sent a message expressing his sincere condolences to President Xi Jinping of the People’s Republic of China following a devastating earthquake that hit the city of Dingxi early this morning.
The President extended the solidarity of the Government and People of Seychelles following the sudden event that resulted in the tragic loss of life and left countless injured:
“Seychelles continues to stand in solidarity with the Government of the People’s Republic of China, the Chinese people, and the affected families. Our thoughts and prayers are with those who have lost their cherished ones, and we hope they find the strength and courage to cope during this time of mourning. We also pray for the swift recovery of those injured.
“We are assured that as always highlighted during such trying times, the strong resolve of the Chinese people will see the steady recovery of the affected areas.”

Vice President Shares Seychelles’ Experience at AU HIV/AIDS Summit

Vice President Shares Seychelles’ Experience at AU HIV/AIDS Summit

22.07.2013
Vice President Danny Faure has represented President James Michel at the Special Summit of the African Union on HIV/AIDS, Tuberculosis and Malaria held on 15-16th July 2013 in Abuja, the Federal Republic of Nigeria.
In his intervention, VP Faure recalled the progress made in Seychelles regarding the three diseases and informed the Summit that in the case of malaria, all cases over the reported period were imported cases and were timely diagnosed and treated.
He also highlighted the fact that all mothers and children are reached with PMTCT services which has kept mother to child transmission of HIV under control. While TB cases continue to be diagnosed, the figures remain small but important nonetheless.
The Vice President, who was accompanied by the Minister for Health, Mrs. Mitcy Larue, further noted that the Seychelles Government has remained highly committed and responsive to improving the national response to HIV and AIDS and that this rate of success has been achieved through a strong leadership and the allocation of resources supporting interventions at the various levels.
Vice President Faure however cautioned that while all the efforts are being made to address the three scourges affecting the continent, the Summit should not lose sight of the emergence or re - emergence of a mix of communicable and non-communicable diseases that are becoming more and more important for middle and upper middle-income countries of Africa.
The challenge of tackling other blood born infections like hepatitis C among Injecting Drug Users (IDUs), and Non Communicable Diseases (NCDs) linked to lifestyle, remain areas that all AU member states should be mindful of.
In this respect the Vice President called for a reflection of those emerging new trends noting that we need to be looking beyond the Millennium Development Goals (MDG) target of 2015. The Vice President made special note of the specificity of SIDS and the impact that these new challenges can bring to such vulnerable states.
“This can be a serious threat to national and socio economic development where the human capital base is relatively small,” remarked the Vice president.
The declaration at the end of the Summit was one that affirmed the need to uphold and reinvigorate the commitments to achieve the health related Millennium Development Goals.
The African leaders further agreed to step up the mobilization of domestic resources to strengthen the health system while ensuring that appropriate strategies are in place to provide for sustainable financing for health, including South South co-operation.
The establishment of an African Centre for Disease Control (African CDC) was one of the recommendations of the declaration which was given unanimous endorsement; as it was felt that such a Center would go a long way to reduce Africa's over-dependence of services outside the continent and improve the timeliness of interventions.
The Vice President welcomed the commitments made and joined the call for the replenishment of the Global fund.
The Vice President was also accompanied Dr Jude Gedeon, the Public Health Commissioner and Mr. Joseph Nourrice, Seychelles Ambassador to Ethiopia and Permanent Representative to the African Union and the UNECA.



Wednesday, July 17, 2013

Banks sign low-interest commercial loan agreement for July 22 launch

Banks sign low-interest commercial loan agreement for July 22 launch - 16.07.2013 

The heads of the commercial banking sector and the Minister for Finance, Trade and Investment have agreed upon a mechanism to make access to finance for entrepreneurs easier and more attractive.
Yesterday’s meeting between Minister Laporte and the bankers

The bankers met with Minister Pierre Laporte and the principal secretary for Finance and Trade, Dr Steve Fanny at Liberty House yesterday to sign a memorandum of understanding (MoU) on the provisions of loans to Small and Medium Enterprises (SMEs).
The signatories to the agreement with the ministry were Barclays Bank, the Bank of Baroda, Mauritius Commercial Bank (MCB), Habib Bank Limited (HBL), Nouvobanq, Seychelles Savings Bank and BMI Bank.
“On behalf of government I would like to thank you for the interest you have shown in this scheme,” said Mr Laporte to the bankers.
“It is important because it is an agreement that is credible, one that works and for this, government will be relying on the efforts and the active participation of the banks.”
The minister said the banks had recognised that the government is making a “significant effort” to provide help and support for small and medium-sized businesses.
The initiative will be launched within the next week, by which time there are expected to be trained customer service personnel available in all banks to deal with queries from the public related to the scheme.
“The banks have asked for a few more days to put the last remaining structures in place,” Mr Laporte said. “By Monday July 22 they will officially be open to queries from the public.”
Mr Laporte said the signing was a formalisation of discussions that go back to last year between the parties in trying to come to an agreement on the terms of the scheme.
The minister said an SME would only qualify for the scheme if it was making a revenue of not more than R5 million per annum. This, he added, applies to new businesses based on its projected cash flow as well as those already in operation.
“Government will be assisting businesses through the subsidised interest rate programme for up to R3 million,” he explained.
The chief executive of the Seychelles Savings Bank, Michael Benstrong, said the scheme was encouraging for all the parties.
“I think what makes the deal special for us is that the risk gets shared with the government and this will help the commercial banks to reach more SMEs,” he said.
Mr Benstrong cautioned that the banks would continue to follow normal procedures when assessing loan applications; and approvals would only be given to proposals that are viable.
For the first R1 million of the loan, clients will pay 5% of the interest rate and government will cover the remainder of the prime or base interest rate. For example, if the commercial bank’s interest rate is 8%, the client will pay 5% and the government will pay the remaining 3% on the first R1 million.
On the remaining R2 million, the clients will pay 7% of the interest rate and government will cover the remainder of the prime rate, meaning 1% if the prime rate is 8%.
If a client borrows more than R3 million from a commercial bank; for example if R4 million is borrowed, they will only benefit from the subsidised interest rate for R3 million. For the remaining R1 million the interest rate would be set at normal commercial lending rates.

Callixte d’Offay élevé au grade de Chevalier de la Légion d’Honneur

Callixte d’Offay élevé au grade de Chevalier de la Légion d’Honneur - 16.07.2013
• Président Michel félicite son conseiller

Le Conseiller diplomatique du Président James Michel, l’Ambassadeur Callixte d’Offay, a été élevé ce dimanche, au grade de Chevalier de l’Ordre de la Légion d’Honneur, par la République Française.

M. d’Offay recevant le grade de Chevalier de la Légion d’Honneur des mains de l’Ambassadrice de France, Mme Geneviève Iancu
M. d’Offay a reçu la distinction honorifique des mains de l’Ambassadrice de France, Mme Geneviève Iancu, à Eden Island dimanche soir lors des festivités organisées pour commémorées de la Révolution Française (Lire l’article intitulé Journée nationale française commémorée à Eden Island).
M. Iancu a déclaré que la réception des insignes de la plus haute distinction attribuée par la République française, le grade de Chevalier de l’Ordre de la Légion d’Honneur à la date symbolique du 14 juillet, donne une dimension particulière à la fête et vient combler une carrière diplomatique bien réussie. Elle a souligné que la décoration est la reconnaissance de différentes actions diplomatiques qu’a menées M. d’Offay dans le cadre de différentes fonctions qu’il a occupées, comme ambassadeur à Paris et d’autres capitales européennes, à l’Unesco, à l’Organisation Internationale de La Francophonie, à l’Organisation des Nations unies pour l’alimentation et l’agriculture (FAO) et comme Secrétaire général de la Commission de l’Océan Indien (COI).
Parmi les actions remarquables de l’ambassadeur d’Offay, l’ambassadrice de France a cité la promotion de la paix et la démocratie, comme la médiation menée actuellement à Madagascar dans le cadre d’une mission de la COI et de la SADC, la lutte contre la piraterie maritime et la consolidation de la légitimité de la COI sur la scène internationale.
« Pour toutes ces raisons, au nom du Président de la République, nous vous faisons chevalier dans l’ordre national de la légion d’honneur », a déclaré Mme Iancu.
C’est avec les mots suivants que M. d’Offay a réagi :
« C’est naturellement avec honneur que j’accepte cette insigne. Cette haute distinction honore ma personne mais surtout la diplomatie de la nation seychelloise toute entière. J’ai eu cette chance extraordinaire d’avoir servi pendant quinze ans comme ambassadeur à Paris et au sein de la Francophonie, l’Unesco et la COI. Je souhaite remercier le Président Albert René qui m’a nommé ambassadeur à Paris et le Président James Michel qui m’a proposé comme Directeur général de la COI. Je suis également content d’avoir servi sous la direction inouïe du Ministre Jean-Paul Adam. Je remercie la France pour avoir reconnu le travail au niveau des relations bilatérales et multilatérales que j’ai accomplis. Je continuerai à défendre les valeurs de la francophonie et du trilinguisme et la bonne relation entre les Seychelles et la France ».
Suite à cette décoration, le Président James Michel, a adressé à son conseiller, un message de félicitations dans lequel il écrit, entre autres : « C’est avec un très grand plaisir que j’ai appris la nouvelle de votre élévation ...Une distinction de cette importance est bien due à un cadre seychellois honnête et sérieux comme vous et qui, pendant toute sa carrière, n’a fait que montrer les plus brillantes capacités. »
Le Président Michel ajoute que cette distinction prestigieuse de la plus haute décoration honorifique de la France fait la fierté de tous les Seychellois et constitue une juste récompense de la carrière remarquable de M. d’Offay dans la diplomatie seychelloise.
« Je me réjouis de cette décoration et j’en tire une grande fierté d’abord, parce que vous la mériter, ensuite parce qu’elle honore vous et vos proches et, au delà, toutes les Seychelles dont elle traduit l’amitié et la proximité avec la France. Pendant toute votre carrière vous vous êtes consacré au renforcement de cette amitié et aujourd’hui vous en êtes récompensé. Une récompense qui rejaillit sur nous tous », souligne le Chef de l’Etat seychellois dans son message.
Quant au Ministre Adam, il a adressé ses félicitations à M. d’Offay et a remercié La France, par le biais de son ambassadrice, pour la décoration.
« La fête s’imprime d’un cachet spécial car vous offrez une de vos plus prestigieuses décorations à l’un des nôtres », a-t-il  dit.
D’après les critères établis, pour être admis dans l’ordre de la Légion d’honneur, une personne doit justifier d’au moins 20 ans de service assortis de mérite éminent. Ce qui veut dire, être irréprochable dans son métier, faire quelque chose en plus qui distingue et sort de l’ordinaire, être créatif et donner aux autres en général.
L'Ambassadeur d'Offay est la seconde personnalité seychelloise à avoir reçu cette décoration honorifique de l'Etat français.
En 2007, Madame Sylvette Pool, en sa qualité de Ministre des Arts, de la Culture et des Sports de l’époque, avait été également élevée au grade de Chevalier de l’Ordre National de la Légion d’Honneur, par décret du président de la République Française.

Third regional technical workshop on the WIO-CC -

Third regional technical workshop on the WIO-CC - 16.07.2013 
Glispa to launch WIO-CC at third UNSids

The Global Island Partnership (Glispa) will launch the Western Indian Ocean Coastal Challenge (WIO-CC) at a strategic high level event in the margins of the third International Conference on Small Island Developing States (UNSids) in Apia, Samoa, in 2014.

 Prof Payet addressing delegates at the opening of the workshop
Environment and Energy Minister Rolph Payet said this yesterday morning when he addressed delegates at the start of the two-day third regional technical workshop on the WIO-CC taking place at the Seychelles Trading Company’s conference room.
Professor Payet noted that this will showcase the leadership by island countries and coastal East African countries bordering the Western Indian Ocean in taking action to advance sustainable development through collaborative partnerships.
“This high level event presents an opportunity to bring together high level representatives of the early champion countries of the WIO-CC to profile their commitment to action and catalyse the resources necessary to achieve the vision through the official launch of the WIO-CC,” said Minister Payet.
He added that Ronny Jumeau, roving ambassador for climate change and small island developing states issues as well as the permanent mission of Seychelles to the United Nations, and Wills Agricole, the principal secretary for environment and energy, who is also the president of the WIO-CC, are touring the region to meet representatives of potential early WIO-CC champion countries to explore interest in the launch in Samoa next year.
So far, Mauritius has joined Seychelles in the bid to launch the WIO-CC at the Sids conference in Samoa and it is hoped that Zanzibar and Tanzania will get on board too.
"We are all stakeholders in the Western Indian Ocean future climate. It is to the benefit of all of us to come together, to better understand the serious challenges of climate change in order to adapt to it, and to prevent and mitigate any adverse impact, particularly the developmental aspirations and survival of our countries as we are the most vulnerable, because the future cost of inaction to protect the climate is expected to exceed by far the cost of timely action. Hence, through WIO-CC, these challenges could be overcome and the western Indian Ocean region could become an example to the world on how to integrate climate change adaptation, ecosystem management, biodiversity conservation, clean energy for sustainable livelihoods and development,” noted Minister Payet.
Mr Agricole said that “climate change poses the greatest modern threat to our sovereignties, thus directly compromising the future and survival ability of our islands, coastal countries of the WIO and its people. Never before, we are faced with such a paramount challenge”.
He added that this is what prompted President James Michel to come up, in 2007, with the WIO-CC initiative which targets biodiversity conservation and sustainable development goals, but climate change significantly impacts the ability to reach these goals.
Mr Agricole pointed out that since then mobilisation at the western Indian Ocean country level started with the support of the Indian Ocean Commission ‘Islands’ project culminating in a 20-year vision at the first technical meeting in Seychelles in March 2012. This was followed seven months later by the second regional technical meeting in October 2012 in Mauritius resulting in a declaration outlining the next steps to achieve the long-term vision and plan of action.
As the delegates gather to determine a roadmap among other objectives to officially launch the WIO-CC at UNSids, Mr Agricole reminded them that “climate change is not only an environment issue but is also an economic issue as it stretches beyond borders with concerning consequences if not dealt with effectively and soon”.
“The negative impacts of climate change can cause a nation into a great state of dire along with its citizens, especially women and children. This is what happened in Seychelles early this year when our government had to declare a state of emergency over three main districts along the east coast of Mahé as the greater part of the area was fully inundated by severe floods caused by torrential rains emanating from a tropical cyclone which paralysed our socio-economic activities,” he added.
The WIO-CC has been created to bring our combined efforts to build climate change resilience so our grandchildren and future generation can still call these coastal countries home.
Delegates and guests in a souvenir photograph after the opening ceremony yesterday
Its aim is to mobilise countries to come together and commit to island conservation and sustainable livelihoods, including by responding to the threat posed by climate change over the next 20 years. Focused on marine and coastal zones, the challenge is set to build on efforts of the Indian Ocean Commission (IOC) and Nairobi Convention.
Delegates from Seychelles, Mauritius, Kenya, Micronesia, Zanzibar, Tanzania, France/Reunion, Comoros, Madagascar, Mozambique, Australia, the European Union, the Indian Ocean Commission, the United Nations Development Programme among others are assessing the progress and determining a plan of action to make the WIO-CC operational.
They will review the progress on the second WIO-CC regional technical meeting declaration; identify lessons from other initiatives and partnerships in the WIO-CC path towards launch; make significant progress in defining the targets and potential commitments for the WIO-CC and a process for joining the WIO-CC at a high political level; determine process to support WIO-CC including resource mobilisation, sustainable finance approaches and governance components; and determine a plan of action to launch the WIO-CC at UNSids 2014.
Ambassador Jumeau said Glispa, co-chaired by President Michel, President Johnson Toribiong of Palau and, since Rio+20, Prime Minister Tillman Thomas of Grenada, does not finance projects, but matches projects with potential donors.
He added that the WIO-CC “allows island and coastal countries of the western Indian Ocean to come together to look at their plans and objectives concerning maritime coastal diversity in a holistic way within the context of defining sustainable development”.

Banks sign low-interest commercial loan agreement for July 22 launch

Banks sign low-interest commercial loan agreement for July 22 launch - 16.07.2013 

The heads of the commercial banking sector and the Minister for Finance, Trade and Investment have agreed upon a mechanism to make access to finance for entrepreneurs easier and more attractive.
Yesterday’s meeting between Minister Laporte and the bankers

The bankers met with Minister Pierre Laporte and the principal secretary for Finance and Trade, Dr Steve Fanny at Liberty House yesterday to sign a memorandum of understanding (MoU) on the provisions of loans to Small and Medium Enterprises (SMEs).
The signatories to the agreement with the ministry were Barclays Bank, the Bank of Baroda, Mauritius Commercial Bank (MCB), Habib Bank Limited (HBL), Nouvobanq, Seychelles Savings Bank and BMI Bank.
“On behalf of government I would like to thank you for the interest you have shown in this scheme,” said Mr Laporte to the bankers.
“It is important because it is an agreement that is credible, one that works and for this, government will be relying on the efforts and the active participation of the banks.”
The minister said the banks had recognised that the government is making a “significant effort” to provide help and support for small and medium-sized businesses.
The initiative will be launched within the next week, by which time there are expected to be trained customer service personnel available in all banks to deal with queries from the public related to the scheme.
“The banks have asked for a few more days to put the last remaining structures in place,” Mr Laporte said. “By Monday July 22 they will officially be open to queries from the public.”
Mr Laporte said the signing was a formalisation of discussions that go back to last year between the parties in trying to come to an agreement on the terms of the scheme.
The minister said an SME would only qualify for the scheme if it was making a revenue of not more than R5 million per annum. This, he added, applies to new businesses based on its projected cash flow as well as those already in operation.
“Government will be assisting businesses through the subsidised interest rate programme for up to R3 million,” he explained.
The chief executive of the Seychelles Savings Bank, Michael Benstrong, said the scheme was encouraging for all the parties.
“I think what makes the deal special for us is that the risk gets shared with the government and this will help the commercial banks to reach more SMEs,” he said.
Mr Benstrong cautioned that the banks would continue to follow normal procedures when assessing loan applications; and approvals would only be given to proposals that are viable.
For the first R1 million of the loan, clients will pay 5% of the interest rate and government will cover the remainder of the prime or base interest rate. For example, if the commercial bank’s interest rate is 8%, the client will pay 5% and the government will pay the remaining 3% on the first R1 million.
On the remaining R2 million, the clients will pay 7% of the interest rate and government will cover the remainder of the prime rate, meaning 1% if the prime rate is 8%.
If a client borrows more than R3 million from a commercial bank; for example if R4 million is borrowed, they will only benefit from the subsidised interest rate for R3 million. For the remaining R1 million the interest rate would be set at normal commercial lending rates.

Monday, July 8, 2013

Strengthening Seychelles-Sri Lanka partnership beyond the 25 years of diplomatic relations


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Strengthening Seychelles-Sri Lanka partnership beyond the 25 years of diplomatic relations - 06.07.2013

The following is a joint statement issued at the end of the state visit to Seychelles by the President of the Democratic Socialist Republic of Sri Lanka, Mahinda Rajapaksa, from June 29 to July 1, 2013. 
On arrival at the Seychelles International Airport
President Rajapaksa interacts with some members of the Sri Lankan community who had come to welcome him on his arrival at the airport
Accompanying the statement is a selection of photographs of the Sri Lankan President’s visit taken by our photographers Patrick Joubert and Louis Toussaint.
• At the invitation of President James Michel, the President of the Democratic Socialist Republic of Sri Lanka Mahinda Rajapaksa undertook a three-day state visit here from June 29 to July 1, 2013.
• This was the first state visit by a Sri Lankan head of state to Seychelles and President Rajapaksa was accompanied on this visit by ministers and high-level officials.
• During the visit, the President of Seychelles and the President of Sri Lanka had an in-depth exchange of views on Seychelles-Sri Lanka relations and major international and regional issues of mutual interest.
Tête à tête between President Rajapaksa and President Michel at State House
• President Michel congratulated President Rajapaksa on the achievements made by Sri Lanka in terms of economic growth and in overcoming the post-conflict challenges. The two leaders also discussed the continued efforts and progress made with regard to the national reconciliation process in Sri Lanka.
• The two leaders underscored that Seychelles and Sri Lanka have a strong partnership based on various commonalities that island nations share, particularly based on common values, long-standing friendship and cooperation.
• In reviewing the current state of bilateral relations, they welcomed the enhanced collaboration between the two countries in a broad range of areas such as education, fisheries, trade and investment, judiciary, and health.
• Both leaders recalled the state visit to Sri Lanka by President Michel in August 2012 as well as the series of high-level visits between both countries over the last year. They acknowledged that these high-level visits have provided strong impetus to the bilateral relations between the countries.
• Building upon shared values of democracy and the rule of law, the two leaders expressed their strong desire to broaden and deepen economic, diplomatic, educational, defence and cultural ties between Seychelles and Sri Lanka.
The two leaders therefore welcomed the signing of three agreements:
i)         Memorandum of understanding on defence cooperation;
ii)        Bilateral air services agreement;
iii)       Memorandum of understanding on vocational training and youth development.
• The two leaders emphasised that the establishment of air links will be a catalyst for further strengthening the economic partnership between the two countries and the efforts should be deployed to set up such links as soon as possible following the signing of the bilateral air services agreement.
Bilateral meeting between delegations from Seychelles and Sri Lanka
• They renewed their commitment to expanding the range of activities that will contribute to the shared goal of increasing bilateral trade and investment. They welcomed the various proposals made during the business forum to facilitate exchanges between the business communities of Seychelles and Sri Lanka and to develop more effective public private partnerships in fields such as tourism, health, fisheries, maritime, education among other key sectors. They also agreed to explore the possibility of negotiating a free trade agreement that will serve to promote trade between the two countries.
• In terms of the banking sector, President Michel welcomed the Bank of Ceylon which will be establishing a branch in Seychelles before the end of 2013. In addition, both leaders discussed other potential joint initiatives in the banking sector.
• Recognising the shared importance of education for each country, Seychelles expressed its appreciation to Sri Lanka for the support extended in the field of education through the deputation of teachers and the various training opportunities offered. The two leaders also committed to promoting cooperation between universities and training institutes. They underscored the value of youth exchanges as a way to strengthen people-to-people linkages that will endure into the future.
The Sri Lankan President attending a business forum at the Kempinski Resort & Spa at Baie Lazare
• The importance of fisheries cooperation was acknowledged by both countries as a win-win partnership. There has been a sharp increase in orders placed in Sri Lankan shipbuilding yards by Seychellois fishing entrepreneurs. It is expected that private investment in the fisheries sector will increase further in the future. More exchanges to build the capacity of those working in the fisheries sector was underscored by both countries. Both leaders welcomed an early conclusion of a memorandum of understanding between the Colombo International Nautical and Engineering College (CINEC) and the Seychelles Maritime Training School.
• Both leaders underscored the need to further exchanges in the field of health through the implementation of the memorandum of understanding signed in August 2012.
• In terms of the judicial sector, both countries expressed strong interest to work more closely together on the basis of the agreed framework on labour cooperation in legal affairs.
• The two leaders also agreed to strengthen cooperation in tourism. This will include new avenues for cooperation in training and industry, staff exchanges through the elaboration of a memorandum of understanding between the Sri Lankan Institute of Tourism and Hotel Management and the Seychelles Tourism Academy.
Touring the World Heritage Site Vallée de Mai on Praslin
• For the agricultural sector, the two leaders discussed joint initiatives that could be pursued related to agricultural product development, processing, value addition, training on agri-business, product distribution, marketing and other additional fields.
• In the area of defence cooperation, the two leaders acknowledged the importance of the memorandum of understanding in defence cooperation, which opens the door to enhance defence relations between Seychelles and Sri Lanka especially in the field of maritime security. The two countries also agreed to seek the ways and means directed towards collaboration in hydrography.
• As per the economic and technical cooperation agreement between the two countries, which has now entered into force, the two leaders agreed that the first joint commission meeting will be held during the first quarter of 2014.
• They highlighted that the joint commission will provide an additional platform to further bilateral relations based on the accruing opportunities for cooperation.
• The two leaders recognised that some of the greatest strengths in the Seychelles-Sri Lanka relationship lie in the vibrant and long-standing people-to-people ties. In this regard, they emphasised the important contribution made by the Sri Lankan community in Seychelles in developing those ties. They also agreed that enhanced cultural exchanges would bring added value to the bilateral relations. An invitation was therefore extended to Sri Lanka to take part in the Carnaval International de Victoria and the Creole Festival.
• There was also an in-depth exchange of views on the pivotal role of the small island states in international relations. They stressed that islands, which are the barometers for development, are today demonstrating global leadership and rapid progress in addressing sustainable development challenges and inspiring other countries around the world to do the same. The proposal to have a special dialogue on small states and particularly island states of CHOGM was welcomed by both leaders.
• The two leaders decided to further promote cooperation on environmental issues including climate change by developing partnerships in the renewable energy sector. They stressed the need for closer collaboration between the two countries in mobilising the international community to address more effectively the needs and vulnerabilities of islands. They emphasised that this is particularly important in terms of the post 2015 development framework which needs to be informed of the experiences from the islands.
Planting a coco de mer seed at the Biodiversity Centre at Barbarons
• Recognising the importance of oceans as the next frontier of sustainable development for the world, the leaders agreed that as oceanic states, both Sri Lanka and Seychelles have important roles to play for the stability and prosperity of the Indian Ocean. In view of the potential that the Indian Ocean holds for cooperation and sustainable growth, the two countries agreed to redouble efforts to harness the true potential of the Indian Ocean.
• They exchanged ideas on the green economy as an important tool for sustainable development. They also agreed to work more closely together through regional bodies like the IOR-ARC to enhance economic integration. They found it imperative for the two countries to address current challenges encountered with maritime transportation.
• The leaders also agreed that islands have a critical role to play in relation to the reform and development of the world’s multilateral architecture in order to build an egalitarian global order where the voices of small and big countries are heard.
• President Michel extended his very best wishes to Sri Lanka in the organisation of the Commonwealth Summit to be held in November 2013 and outlined possible areas for discussion including the utilisation of the resources of oceans.
The two leaders proposing a toast during a cocktail reception at State House
• To achieve the goals set out in this joint statement, the two leaders reaffirmed their commitment to sustained political engagement, more frequent high-level exchanges and regular dialogues between their officials. They also agreed to further promote policy exchanges between ministries and departments of both governments and enhanced cooperation in new fields of collaboration such as through parliamentary exchanges.
The two leaders exchanging gifts
• This joint statement embodies the vision of the leaders of Seychelles and Sri Lanka for harnessing the enormous potential available for further strengthening and consolidating this comprehensive partnership in all areas of bilateral endeavour.
President Michel seeing off President Rajapaksa at the airport
 

Friday, July 5, 2013

Ambassador for Women and Children’s Affairs Attends 10th Commonwealth Women Affairs Ministers meeting in Dhaka

Ambassador for Women and Children’s Affairs Attends 10th Commonwealth Women Affairs Ministers meeting in Dhaka

04.07.2013
Dr Erna Athanasius, Ambassador for Women & Children has represented Seychelles at the 10thCommonwealth Women Affairs Ministers Meeting (10WAMM) in Dhaka, Bangladesh, held from 17th to 19th June under the theme ‘Women’s Leadership for Enterprise’.
Dr. Athanasius described the meeting as an important opportunity for Seychelles to boost the local Gender Agenda and keep up to date on women’s affairs, not only in small and medium business enterprise but also in leading Corporate Boards. During the meeting, Seychelles’ delegation was considered extremely active as a member on the Drafting Committee of the ‘Dhaka Declaration’.
According to Dr Erna H. Athanasius these meetings were “a magnificent networking arena,” who added that she was inspired by the effort of Bangladesh where women are the forefront of many decision making processes in society.
The Ambassador was accompanied by Special Adviser for Social Affairs, Mrs Marie-Josee Bonne. A total 30 Commonwealth countries participated in the meeting which was jointly hosted by commonwealth countries participated in the meeting which was jointly hosted by the commonwealth and the government of the People’s Republic of Bangladesh.
Just prior to the ministerial meeting, Mrs Bonne attended the 11th Meeting of the commonwealth Gender Plan of Action Monitoring Group (CGPMG) on 16th June, where the Group gave due consideration to its performance, governance and accountability especially with respect to the End of Term Review of the Plan Action for Gender Equality which is due to end in 2015. During the meeting, Commonwealth ministers and heads of delegations agreed on the need to maintain an accountability mechanism to ensure reporting of the POA. However, further work will take place on the terms of reference of the group.
The Ministers meeting itself was officially launched at the opening ceremony by Sheik Hasina, Prime Minister of Bangladesh, and daughter of the founding father of the Republic.

Wednesday, July 3, 2013

New resource centre for health staff

New resource centre for health staff - 03.07.2013 

A new resource centre has opened its doors at the Sheikh Khalifa diagnostic centre to help with the empowerment and skills development of the Ministry of Health’s staff.

The opening ceremony was held on Friday and was attended by the Minister for Health Mitcy Larue, principal secretary Peggy Vidot and other health officials.
The resource centre replaces the ministry’s library which was based at the Red Roof building.
In her opening speech, Mrs Larue said the centre will give staff another means of learning and will provide a quiet place for study.
It forms part of the ministry’s strategy to reduce the cost of training while increasing the number of staff trained.
Mrs Larue added that the ministry plans to extend the opening hours beyond 4pm to allow staff working shift hours to have access to the centre when they are off duty.
The resource centre is equipped with 10 computers with access to the internet and this puts the ministry in line to promote and develop online learning and courses as an alternative to overseas training.
With the new resource centre, staff will be able to keep themselves up to date with medical and managerial developments as well as in other fields.
Staff will also have access to facilities such as photocopying, scanning and printing as well as traditional reference books.

New scheme to enhance reading


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New scheme to enhance reading - 03.07.2013

Pupils from primary three to primary six will benefit from a new reading scheme called Ladybird Reading Scheme: Read With Me.
The Ministry of Education launched the scheme recently at the Anse Royale primary school.

Head teacher Sonia Mancienne (left) accepting the books
Present were member of National Assembly for Anse Royale Derek Samson, director general for schools Odile Decommarmond, director for primary schools Cyril Pillay, senior development officer for civics, personal and social education Elva Gédéon, parents, pupils and staff of the Anse Royale primary school.
Following the reading scheme – Jolly Phonics – launched in 2011 and targeting early childhood level, primary one and two, the ministry has launched the Read With Me reading scheme which has 16 books graded on length and reading difficulties.
It was Ms Decommarmond who launched the scheme, while Ms Gedeon explained the different books to the invited guests.  All schools in Seychelles will get their own set of books.
Ms Decommarmond appealed to parents to join and take part in building reading interests in their children.
Guests viewing the new set of books
Anse Royale primary school head teacher Sonia Mancienne accepted the books on behalf of all schools in Seychelles.
“I reassure the ministry of education that the books will be put to good use,” she said. An Anse Royale primary student also thanked the ministry for the books and pledged that he and his friends will take the opportunity to read the books at their disposal. 

Seychelles in the lead against illegal fishing

Seychelles in the lead against illegal fishing - 03.07.2013 

Seychelles is the first African country to formally hand its document of accession to an international accord aimed at combating illegal fishing and has urged other coastal states to follow suit.

Ambassador Shamlaye delivering Seychelles’ statement at the conference
Seychelles deposited its instrument of accession to the Agreement on Port State Measures to Prevent, Deter and Eliminate Illegal, Unreported and Unregulated Fishing to the FAO at the 38th session of the Conference of the Food and Agriculture Organisation (FAO) held in Rome last week.
Ambassador Bernard Shamlaye, who is Seychelles’ resident ambassador in Paris, represented Seychelles at this conference. He was accompanied by Antoine-Marie Moustache, special adviser in the Ministry of Agriculture and Natural Resources and National correspondent for the FAO.
Ambassador Shamlaye, who is also the country’s permanent representative designate to the FAO, delivered Seychelles statement to the conference, highlighting the importance of fisheries and the blue economy and the leading role played by the country in promoting responsible and sustainable exploitation of ocean resources.
Calling for further cooperation between FAO and other partners and Seychelles, Ambassador Shamlaye referred to the renewed attention being given to national food production.
Delegates to the conference were received by Pope Francis at the Vatican who spoke of the scandal of millions of people suffering and dying of starvation when the current levels of food production are sufficient. 

The Pope warned that people risked being turned into "vague abstractions in the face of issues like the use of force, war, malnutrition, marginalisation, the violation of basic liberties, and financial speculation which presently affects the price of food, treating it like any other merchandise and overlooking its primary function."
He encouraged the initiatives and activities of the FAO and expressed the Catholic Church’s support in the effort to build “concrete solidarity”.
The 38th session of the FAO Conference approved the organisation’s programme of work 2014-2015 with an increased budget over the current one. 
Brunei Darussalam, Singapore and South Sudan were admitted as member-states of the FAO. 
The Seychelles delegates took the opportunity to establish links with certain other delegates and follow up on projects with the FAO.

Tuesday, July 2, 2013

Seychelles Bids Farewell to Sri Lankan President

Seychelles Bids Farewell to Sri Lankan President

02.07.2013
The President of the Republic of Seychelles, Mr. James Alix Michel, has bid farewell to His Excellency President Mahinda Rajapaksa of Democratic Socialist Republic of Sri Lanka in a ceremony held at Seychelles International Airport yesterday evening.
President Rajapaksa was in Seychelles with a high-level delegation undertaking a historic State visit to Seychelles from the 29th June to the 1st July.
The Minister for Foreign Affairs, Mr. Jean-Paul Adam, described the visit as having been highly successful:
“We are very grateful to President Rajapaksa and his delegation, who came to Seychelles with a strong commitment to pushing forward our cooperation agenda. We discussed many new areas of cooperation and we ended our discussions with a clear programme on how we are moving forward.
“As two island nations this visit has served to further highlight our many commonalities that unite us and it has provided us, particularly through discussions with our business community, with a better understanding of how we can both benefit from this partnership.”
President Rajapaksa’s programme involved a call on President Michel at State House, bilateral discussions with the Cabinet of Ministers and signings of key MoUs, an address to an Extra Ordinary Session of the National Assembly,  a  Business Forum, a special tree planting ceremony at the Barbarons Biodiversity Centre as well as a visit to Praslin and the Valee de Mai.

The Seychelles Island Foundation Welcomes the President of Sri Lanka to the Vallée de Mai

The Seychelles Island Foundation Welcomes the President of Sri Lanka to the Vallée de Mai

01.07.2013
The President of Sri Lanka, Mr. Mahinda Rajapaksa visited the Vallée de Mai on Praslin today to experience the natural beauty of this UNESCO World Heritage Site.  President Rajapaksa was accompanied by Vice President Danny Faure and Minister Mitzy Larue and was welcomed to the Vallee de Mai by the Chairman of SIF, Mr Loustau-Lalanne and the CEO Dr Frauke Fleischer-Dogley and all of the SIF Vallée de Mai staff.
Dr Fleischer-Dogley accompanied the President on a brief tour of the visitor’s centre after which they spent some time in the forest.  The President was keen to see where the Coco de Mer originated from as he had planted a Coco de Mer nut that morning at the Barbarons Biodiversity centre on Mahé.   The President had the opportunity to see both the male and female Coco de Mer trees and a staff at the Vallée de Mai demonstrated the de-husking of a giant Coco de Mer nut.  Both Mr Loustau-Lalanne and Dr Fleischer Dogley explained to the President the importance of this forest to the biodiversity of the Seychelles and why it was so unique. The President commemorated his visit by signing in the visitor’s book at the entrance gate to the forest.  When asked if he had enjoyed his experience the President commented that ‘This forest is exceptionally beautiful and I am very impressed with the site.'
Mr Loustau-Lalanne also shared with the President a description of the recent anti-poaching rally that was held at the Vallée de Mai to celebrate World Environment day.  The President was interested and pleased that such events were being held and supported by the local community.
Furthermore, Vice President Faure spoke to President Rajapaksa about the importance of environmental conservation in the long-term development strategy of Seychelles
"A clean and safe environment is the legacy we will leave for the future generations.  Environmental protection will benefit us all and ensure Seychelles' status as a leader in environmental conservation.  We are engaged in resolute action both at national and international levels to promote environmental protection and conservation.  We put particular emphasis on education, so that our children understand that the decisions and actions we take today will impact on their lives tomorrow," said Vice-President Faure.
The President was then presented with a Coco de Mer nut and a book written by Dr Dogley herself on the history and biology of the Coco de Mer. “We are honoured to share this globally important natural world heritage site with a prominent public figure such as the President of Sri Lanka.  It was a delight to host him at this unique site and we hope that our token will remind him of this experience, and the Vallée de Mai,” said Dr Fleischer-Dogley.

Seychelles and Sri Lanka are among the most efficient gateways to Africa and Asia

Seychelles and Sri Lanka are among the most efficient gateways to Africa and Asia

01.07.2013
MINISTRY OF NATURAL RESOURCES
Seychelles and Sri Lanka are among the most efficient gateways to Africa and Asia
His Excellency President Mahinda Rajapaksa of the Democratic Socialist Republic of Sri Lanka was the Guest of Honor at specially convened Business Forum held during his two-day State Visit to Seychelles at the Kempinski Resort this morning.
The Business Forum, which was chaired by the Minister for Natural Resources, Mr. Peter Sinon, brought together representatives from the Seychelles private sector and featured presentations of the Seychelles Ministry of Finance, the Seychelles Chamber of Commerce and Investment, as well the Sri Lankan Governor of the Central Bank and the Chairman of the Sri Lankan Securities and Exchange Commission.
During his opening remarks Minister Sinon made noted the common vision of Seychelles and Sri Lanka to bring about ‘people-centered, socio-economic development’ by recognizing the catalytic role of the private sector. The Minister both Governments were committed to progressively creating the enabling environment for business’ to flourish.
Also present were a number of key private entrepreneurs and investment facilitators from both Seychelles and Sri Lanka whom Minister Sinon called upon to take advantage of the opportunities afforded by the flourishing friendship between Seychelles and Sri Lanka.
Special mentions were to the anticipated ‘Bilateral Investment Protection Agreement’ (BIPA), Double Taxation Agreement (DTA) and direct air connection, all due to be realized in the fourth quarter of this year.
When addressing the forum, Professor G.L Peiris, Minister for External Affairs of the Democratic Socialist Republic of Sri Lanka, spoke of the importance of developing a variant relationship with the African continent including Seychelles as a priority for Sri Lanka.
Professor Peiris added this Government embraces the Seychelles as “a natural partner and a tried and tested friend”.  In addition, Prof. Peiris made special note of President Pajapaska’s remarks during his special address to the National Assembly yesterday during which he described the relationship between the two nations as exemplary in terms of the follow through. Prof Peiris described this “follow through” as the inherent strength of the ever-evolving relationship.
Professor Peiris also added that, since the State Visit of President Michel to Sri Lanka in August last year when special areas of common interest where identified, substantial progress has taken place in each of those sectors.
Seychelles and Sri Lanka have already planted that tree in establishing diplomatic relations 25 years ago. Now we are jointly in the business of nurturing it to grow. This forum is about nurturing that tree of friendship, solidarity & cooperation for profitable business development and realization in the context of this business forum.
The Business Forum presentations emphasized the wealth of opportunities for economic partnerships between that exists between Seychelles and Sri Lanka.
Editors Note:
Dr. Steve Fanny, Principal Secretary of Trade, Finance and Investments and Mr. Marco Francis, The Chairman of Seychelles Chamber of Commerce and Industry (SCCI) delivered Seychelles’ presentations.
2013 marks 25 years since the establishment of Diplomatic Relations between the two countries.

Monday, July 1, 2013

President Rajapaksa plants the King of Palms: the Coco de Mer Tree

President Rajapaksa plants the King of Palms: the Coco de Mer Tree

01.07.2013
Ministry of Environment and Energy
President Rajapaksa plants the King of Palms: the Coco de Mer Tree
President Mahinda Rajapaksa of the Democratic Socialist Republic of Sri Lanka, became the third Head of State to plant a Coco de Mer seed at the Arboretum of the National Biodiversity Centre at Barbarons. President Rajapaksa was given a brief tour of the Centre by the Minister responsible for Environment and Energy, Prof. Rolph Payet, where President Rajapaska was presented with information about the Biodiversity  Centre, since its inception in 1998. They also visited the Arboretum, which has an area dedicated to trees which are planted by VVIPs where President Rajapaksa planted the unique Coco de Mer seed.
After the activity, Professor Rolf Payet presented President Mahinda Rajapaksa with a certificate, symbolising his support and contribution to the country’s  endeavors to conserve and protect our islands rich, diverse and yet fragile biodiversity. Minister Payet explained that as a Head of State, President Rajapaksa was given the privilege to plant the king of palms: the  unique coco de mer: an enigma and mystery to scientists.
" It is a great honour to show President Rajapaksa our natural heritage, and the symbol of our unique biodiversity, the Coco  de mer seed. Seychelles is the first in the world for protection of its land territory, with more than half of its land designated as nature reserves. We have much to share with Sri Lanka, especially as we are both island nations with rich biodiversity that are the basis of our sustainable tourism development ," said Minister Payet.
After the ceremony, there were discussions between President Rajapaksa, Professor Payet and officials from the Biodiversity Centre, topics discussed, amongst others were, exchanges of plants including those with medicinal values between the two countries, exchange of experiences learned in tourism industry and conservation of environment. Sri Lanka has generated a lot of value of coconuts, more can be learned  about the coconut industry. Another area, with potential benefits to Seychelles,  is in the area of restoration of mangroves and wetlands.
The Biodiversity Centre covers an area of 17 hectares. Its main aim is to preserve the diversity of the rare and endangered species of the fragile ecosystems of Seychelles. Once completed the Centre will have several amenities such as nursery for endemic and endangered species,  seed bank, museum, different themed gardens, Marianne North gallery, herbarium, research laboratory, day spa, restaurant, villa as well as other services and attractions for visitors and locals.

Editor's Note

  • ·         In June 2012, President James Michel officially opened the Arboretum and planted a Coco de Mer seed.

  • In June 2012, His Excellency Navinchandra Ramgoolam, the Prime Minister of Mauritius, was a Guest of Honour      for last the National Day Celebrations, and  also planted a Coco de Mer seed.
  • ·         In 2013, the Chairperson of the African Union Commission, Dr. Nkosazana Dlamini-Zuma, also planted a seed in the Arboretum.

Sri Lankan State Visit Joint Statement

Sri Lankan State Visit Joint Statement

01.07.2013
Joint-Statement
Strengthening Seychelles-Sri Lanka Partnership
Beyond the 25 years of Diplomatic Relations

1. At the invitation of H.E. James Alix Michel, President of the Republic of Seychelles, H.E.Mahinda Rajapaksa, President of the Democratic Socialist Republic of Sri Lanka, undertook a State Visit to Seychelles from 29th June to 1st July 2013. It was noted that this is the first State Visit by a Sri Lankan Head of State to Seychelles. He was accompanied on this visit by Ministers and high-level officials.
2. During the visit, the President of Seychelles and the President of Sri Lanka had an in-depth exchange of views on Seychelles-Sri Lanka relations and major international and regional issues of mutual interest.
3. President Michel congratulated President Rajapaksa on the achievements made by Sri Lanka in terms of economic growth and in overcoming the post conflict challenges.   The two leaders also discussed the continued efforts and progress made with regard to the national reconciliation process in Sri Lanka.
4. The two leaders underscored that Seychelles and Sri Lanka have a strong partnership based on various commonalities that island nations share, particularly based on common values, long-standing friendship and cooperation.
5. In reviewing the current state of bilateral relations, they welcomed the enhanced collaboration between the two countries in a broad range of areas such as education, fisheries, trade and investment, judiciary, and health.
6. Both leaders recalled the state visit to Sri Lanka by President Michel in August 2012 as well as the series of high-level visits between both countries over the last year. They acknowledged that these high-level visits have provided strong impetus to the bilateral relations between the countries.
7. Building upon shared values of democracy and the rule of law, the two leaders expressed their strong desire to broaden and deepen economic, diplomatic, educational, defence and cultural ties between Seychelles and Sri Lanka.
8. The two leaders therefore welcomed the signing of the following agreements:

i)         MoU on Defence Cooperation
ii)        Bilateral Air Services Agreement
iii)  MoU on Vocational Training and Youth Development
9. The two leaders emphasized that the establishment of air links will be a catalyst for further strengthening the economic partnership between the two countries and the efforts should be deployed to set up such links as soon as possible following the signing of the Bilateral Air Services Agreement.
10.They renewed their commitment to expanding the range of activities that will contribute to the shared goal of increasing bilateral trade and investment. They welcomed the various proposals made during the business forum to facilitate exchanges between the business communities of Seychelles and Sri Lanka and to develop more effective public private partnerships in fields such as tourism, health, fisheries, maritime, education among other key sectors.  They also agreed to explore the possibility of negotiating a free trade agreement that will serve to promote trade between the two countries.
11.  In terms of the banking sector, President Michel welcomed the Bank of Ceylon who will be establishing a branch in the Seychelles before the end of 2013. In addition, both leaders discussed other potential joint initiatives in the banking sector.
12.  Recognising the shared importance of education for each country, Seychelles expressed its appreciation to Sri Lanka for the support extended in the field of education through the deputation of teachers and the various training opportunities offered. The two leaders also committed to promoting cooperation between universities and training institutes. They underscored the value of youth exchanges as a way to strengthen people-to-people linkages that will endure into the future.
13.  The importance of fisheries cooperation was acknowledged by both countries as a win-win partnership. There has been a sharp increase in orders placed in Sri Lankan shipbuilding yards by Seychellois fishing entrepreneurs. It is expected that private investment in the fisheries sector will increase further in the future. More exchanges to build the capacity of those working in the fisheries sector was underscored by both countries. Both leaders welcomed an early conclusion of a Memorandum of Understanding between the Colombo International Nautical and Engineering College (CINEC) and the Seychelles Maritime Training School.
14.  Both leaders underscored the need to further exchanges in the field of health through the implementation of the MoU signed in August 2012. In terms of the judicial sector, both countries expressed strong interest to work more closely together on the basis of the agreed framework on labour cooperation in legal affairs. The two leaders also agreed to strengthen cooperation in tourism. This will include new avenues for cooperation in training and industry, staff exchanges through the elaboration of a Memorandum of Understanding between the Sri Lankan Institute of Tourism and Hotel Management and the Seychelles Tourism Academy.
15.  For the agricultural sector, the two leaders discussed joint initiatives that could be pursued related to agricultural product development, processing, value addition, training on agri-business, product distribution, marketing and other additional fields.
16.  In the area of defence cooperation, the two leaders acknowledged the importance of the MoU in Defence Cooperation, which opens the door to enhanced defence relations between Seychelles and Sri Lanka especially in the field of maritime security. The two countries also agreed to seek the ways and means directed towards collaboration in Hydrography.
17.  As per the Economic and Technical Cooperation Agreement between the two countries, which has now entered into force, the two leaders agreed that that the 1st joint commission meeting will be held during the 1st quarter of 2014. They highlighted that the Joint Commission will provide an additional platform to further bilateral relations based on the accruing opportunities for cooperation.
18.  The two leaders recognised that some of the greatest strengths in the Seychelles-Sri Lanka relationship lie in the vibrant and long-standing people-to-people ties. In this regard, they emphasized the important contribution made by the Sri Lankan community in Seychelles in developing those ties. They also agreed that enhanced cultural exchanges would bring added value to the bilateral relations. An invitation was therefore extended to Sri Lanka to participate in the Carnaval International de Victoria and the Creole Festival.
19.  There was also an in-depth exchange of views on the pivotal role of the small island states in international relations. They stressed that islands, which are the barometers for development, are today demonstrating global leadership and rapid progress in addressing sustainable development challenges and inspiring other countries around the world to do the same. The proposal to have a special dialogue on small states and particularly island states of CHOGM was welcomed by both leaders.
20.  The two leaders decided to further promote cooperation on environmental issues including climate change by developing partnerships in the renewable energy sector. They stressed the need for closer collaboration between the two countries in mobilizing the international community to address more effectively the needs and vulnerabilities of islands. They emphasized that this is particularly important in terms of the post 2015 development framework which needs to be informed of the experiences from the islands.
21.  Recognising the importance of oceans as the next frontier of sustainable development for the world, the leaders agreed that as oceanic states, both Sri Lanka and Seychelles have important roles to play for the stability and prosperity of the Indian Ocean. In view of the potential that the Indian Ocean holds for cooperation and sustainable growth, the two countries agreed to redouble efforts to harness the true potential of the Indian Ocean.
22.  They exchanged ideas on the green economy as an important tool for sustainable development. They also agreed to work more closely together through regional bodies like the IOR-ARC to enhance economic integration. They found it imperative for the two countries to address current challenges encountered with maritime transportation.
23.  The leaders also agreed that islands have a critical role to play in relation to the reform and development of the world’s multilateral architecture in order to build an egalitarian global order where the voices of small and big countries are heard.
24.  Presidential Michel extended his very best wishes to Sri Lanka for the organization of a very successful Commonwealth Summit to be held in November 2013 and outlined possible areas for discussion including the utilization of the resources of oceans.
25.  To achieve the goals set out in this joint statement, the two leaders reaffirmed their commitment to sustained political engagement, more frequent high-level exchanges and regular dialogues between their officials. They also agreed to further promote policy exchanges between ministries and departments of both Governments and enhanced cooperation in new fields of collaboration such as through parliamentary exchanges.
26.  This Joint Statement embodies the vision of the leaders of Seychelles and Sri Lanka for harnessing the enormous potential available for further strengthening and consolidating this comprehensive partnership in all areas of bilateral endeavour.

Victoria, 1st July 2013