AGP Executive Report
Last update: 7 hours agoSustainable Fisheries: The EU and Seychelles renewed their sustainable tuna fisheries partnership with a new four-year protocol signed in Brussels, restoring access for up to 55,000 tonnes of tuna and other migratory species annually, with licences for as many as 30 EU purse seine vessels and 8 longliners. Local Banking & Governance: In the National Assembly, opposition leader Bernard Georges pressed Minister Laporte for clarity on the government’s process and timing for selling its 60% shareholding in Seychelles Commercial Bank (SCB). Regulatory Finance: VCG Markets says it has secured a Seychelles licence from the Seychelles Finance Services Authority as it expands across emerging markets, following earlier authorisations in Mauritius and the UAE. Trade & Food Imports: ISPC Seychelles CEO Alfred Fourcroy argues that trade momentum with Russia needs stronger government support, pointing to a complex consignment-by-consignment licensing system and supplier approval requirements. Crypto & Trading: BitMEX is winding down ahead of its September closure, while Seychelles-linked crypto broker VCG Markets and Bitget continue pushing product and market expansion. Energy Costs: Diesel price pressures across Africa are highlighted as a driver of higher operating costs and inflation, with Nigeria’s fuel situation repeatedly cited. Mobility Links to Seychelles: Pakistan’s passport ranking remains weak, but the Henley index notes electronic travel authorisation access to Seychelles for Pakistani travellers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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