Russian Foreign Minister Sergey Lavrov’s talks with Egyptian Foreign Minister Sameh Shoukry

On August 21, Foreign Minister Sergey Lavrov held talks with Egyptian Foreign Minister Sameh Shoukry, who is in Moscow on a working visit.

During the meeting, Sameh Shoukry delivered a personal message from President of the Arab Republic of Egypt Abdel Fattah el-Sisi to President of Russia Vladimir Putin.

The talks were held in the traditional atmosphere of openness and confidence, which informs the nature and substance of the overall Russian-Egyptian political dialogue. The parties confirmed the intention of Moscow and Cairo to continue active interaction on international issues and to strengthen the multidimensional and mutually beneficial cooperation between Russian and Egypt.

There was an in-depth exchange of views on a wide range of issues on the regional and international agendas, with emphasis on the need to combine efforts to promptly resolve the crises in the Middle East and North Africa, including Syria, Libya, and Yemen. Considerable attention went to the problems related to the joint fight against terrorism and extremism, and prospects for creating a zone free of weapons of mass destruction in the Middle East. The prospects of reviving the Palestinian-Israeli settlement process were also discussed.

While discussing key bilateral issues, the emphasis was on stepping up practical efforts to expand trade, economic and humanitarian cooperation, including preparing and organising the corresponding Intergovernmental Commission session in Moscow this September.

Distributed by APO on behalf of The Ministry of Foreign Affairs of the Russian Federation.

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Source:: Press release on Foreign Minister Sergey Lavrov’s talks with Egyptian Foreign Minister Sameh Shoukry

      

Categories: AFRICA, African Politics, Egypt | Tags: , ,

South Africa : President Zuma Signs the Financial Sector Regulation Act into Law

President Jacob Zuma has signed into law the Financial Sector Regulation Act, 2017.

The Act aims to achieve a financial system that works in the interests of financial customers, and supports balanced and sustainable economic growth in the Republic, by establishing, in conjunction with other financial sector laws, a regulatory and supervisory framework that promotes the following:

  1. Financial stability;
  2. The safety and soundness of financial institutions;
  3. The fair treatment and protection of financial customers;
  4. The efficiency and integrity of the financial system;
  5. The prevention of financial crime;
  6. Financial inclusion;
  7. Transformation of the financial sector; and
  8. Confidence in the financial system.

The Act also establishes two new financial sector regulators, the Financial Sector Conduct Authority and the Prudential Authority with jurisdiction over all financial institutions, and to provide them with a range of supervisory tools to fulfil their objectives.

It further provides for, and ensures that there is, co-operation and collaboration between the financial sector regulators, the National Credit Regulator, the Financial Intelligence Centre and the South African Reserve Bank.

Distributed by APO on behalf of Republic of South Africa: The Presidency.

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Source:: President Zuma Signs the Financial Sector Regulation Act into Law

      

Categories: AFRICA, African Economics, South Africa | Tags:

Sierra Leone mudslide : Belgium participates in the international assistance effort

Floods and landslides in Sierra Leone: Belgium participates in the international assistance effort

Deputy Prime Minister and Minister of Foreign Affairs Didier Reynders announces that a Disaster Victim Identification Team (DVI) of the Federal Police will be sent to Sierra Leone to help identify the deceased in the dramatic floods and landslides. This disaster caused the death of more than 400 people. The Belgian team will be assisted, on site, by a consular agent dispatched by the FPS Foreign Affairs.

The Government of Sierra Leone had requested international assistance to help rescuing and identifying the victims of this natural disaster. By solidarity with this country, Belgium has decided to respond positively to its call.

Minister Reynders also welcomes the selection of a B-Fast (Belgian First Aid and Support Team) volunteer as a member of the United Nations Disaster Assessment and Coordination (UNDAC) mission in Sierra Leone.

Distributed by APO on behalf of Kingdom of Belgium – Foreign Affairs, Foreign Trade and Development Cooperation.

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Source:: Floods and landslides in Sierra Leone: Belgium participates in the international assistance effort

      

Categories: AFRICA, Sierra Leone | Tags:

Sierra Leone mudslide : Korean Construction Conglomerate Donates 100,000 United States Dollars

Korean Construction Conglomerate Donates 100,000 United States Dollars for the Mudslide and Flooding Disaster Relief Effort in Freetown

Sierra Leone’s Ambassador to the Republic of Korea, His Excellency Ambassador Omrie Michael Golley, was on Sunday 20th August 2017, received by the Chairman of the Construction Conglomerate Booyoung Group, Mr Lee Joong Keun and Senior officials and their company headquarters in central Seoul.

At this meeting, which was convened to discuss the recent mudslide and flooding disaster in Freetown, Chairman Lee presented Ambassador Golley with a donation of 114,150,000 Korean Won (one hundred and fourteen million, one hundred and fifty thousand Korean Won ), amounting to $100,000 ( one hundred thousand United States Dollars ).

Since its foundation in 1983, the Booyoung Group has been one of the leading companies in the field of housing construction, hotels, and recreational complexes in the Republic of Korea.

Commenting on the recent mudslide and flooding disasters in the Sierra Leone Capital, Freetown, the Chairman of the Booyoung Group, Mr Lee Joong Keun, informed Ambassador Golley that he had been deeply saddened by the news of the mudslide and flooding disasters to hit Freetown resulting in large loss of life and property, together with injury and homelessness, and further stated that his Company’s donation was their own contribution to assist the Government and people of Sierra Leone recover from this unfortunate tragedy.

His Excellency Ambassador Omrie Golley expressed his sincerest appreciation on behalf of the Government and people of the Republic of Sierra Leone for the donation, which he described as timely, and assured Chairman Lee that their donation would be forwarded to the appropriate authorities in Sierra Leone promptly, to be utilised for the humanitarian relief effort.

The donation received has today 21st August 2017, been transferred by electronic wire transfer to the Government Disaster Relief Fund in Freetown, Sierra Leone.

Distributed by APO on behalf of Embassy of the Republic of Sierra Leone in the Republic of Korea.

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Source:: Korean Construction Conglomerate Donates 100,000 United States Dollars for the Mudslide and Flooding Disaster Relief Effort in Freetown

      

Categories: AFRICA, African Environmental Issues, Sierra Leone | Tags: