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EDITO
Sunday, 22 July 2018

Seychelles got the attention of the leaders of the Group of Seven (G7) industrial nations today when President Danny Faure addressed them on the islands' innovative financing for the blue economy and ocean sustainability. This year's G7 chair Prime Minister Justin Trudeau of Canada had invited President Faure and the leaders of 10 other island and developing countries to join France, Germany, Italy, Japan, the United Kingdom and the United States at a special session on 'healthy, productive and resilient oceans and seas, coasts and communities'.

PwC’s return to St Lucia is a sign of the significant potential for growth in the Eastern Caribbean. Speaking at a cocktail event to announce the official re-opening of its St Lucia office, Frazer Lindsay, CEO, PwC in the Caribbean, said “We are very excited to be re-opening our doors in St Lucia. Being here, in my view, is about creating and implementing a sustainable strategy that can help our clients to grow their business, not only in the Eastern Caribbean but regionally.”

Despite ambitious goals, France is struggling to get its development aid to the poorest countries as well as for gender-equality programmes, according to an assessment by the OECD. EURACTIV.fr reports. The OECD has examined French development aid. In a summary of its report, which will be available in September, the OECD’s development aid committee (CAD) highlights a number of successes but also points to weaknesses in France’s cooperation policy for the period 2013-2018.

The European Commission is proposing improvements to modernise and simplify the way in which fishing rules are monitored and complied with in the EU. An effective control system is key to ensuring that the EU's fisheries are sustainably managed, which in turn guarantees the long-term viability of the EU fishing sector and protects the livelihoods of our fishermen.

Farmers and herders in the Sahel Region of Africa will receive support on behalf of Sweden, said the United Nations' Food and Agriculture Organization (FAO). The Swedish International Development Cooperation (SIDA) is to allocate US$9.9mn in response to an appeal from the UN last month.