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EU's First EPA With African Countries Goes Into Effect 5/16/2012 The interim Economic Partnership Agreement between the European Union and four Eastern and Southern African states, Mauritius, Madagascar, the Seychelles
and Zimbabwe, went into effect on May 14, 2012.
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COMESA Members And EU Discuss EPAs 3/29/2012 A delegation of MEPs from the European Parliament has recently held a consultative
meeting in Lusaka, Zambia, with the Chair of the Eastern and Southern Africa group of countries to discuss their Economic Partnership Agreement negotiations
with the European Union.
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COMESA Pushes For DTAs Between Member States 2/14/2012 Earlier this month, the Common Market for Eastern and Southern Africa held a three-day forum in Lusaka which attracted officials from its member states
who are involved in negotiating double taxation agreements.
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The Seychelles Adds Guernsey TIEA 1/3/2012 The Seychelles has noted the signing of a Tax Information Exchange Agreement with
Guernsey as a significant step in boosting bilateral relations between the two
territories.
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Guernsey Concludes TIEA With India 12/26/2011 Guernsey has welcomed the signing of a Tax Information Exchange Agreement with
India, said to be a major milestone in building business relations with the emerging
market.
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Problems Foreseen For African Tripartite FTA 11/8/2011 The South African Minister of Trade and Industry, Rob Davies, has expressed the
opinion that the planned roll out of the proposed African tripartite free trade agreement may 'hit a snag' when negotiating on trade in manufactured goods between
the member countries.
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IMF Opens Fourth African Technical Assistance Centre 10/18/2011 The International Monetary Fund has officially opened its fourth Africa
regional technical assistance centre in Mauritius, offering capacity
building services to 13 countries across Southern Africa and the Indian Ocean.
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ACP States Risk Losing Duty-Free Access To EU 10/7/2011 The European Commission is proposing to amend the Market Access Regulation governing the trade conditions for certain developing countries that have
negotiated, with the European Union, Economic Partnership Agreements which have yet to be signed and ratified.
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Guernsey Leading Field In Tax Cooperation With Africa 9/27/2011 The States of Guernsey is set to conclude a further six bilateral Tax Information
Exchange Agreements that have been negotiated with members of the Southern
African Development Community, in line with the Organization for
Economic Co-operation and Development’s priority of working closely
on tax issues with developing countries.
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Asia-Based Incorporation Specialist Expands Into Europe 9/8/2011 Offshore Incorporations Limited, a leading global company formation specialist based in Asia, has announced the opening of its first European office, in London, to support a growing number of Asia-based companies investing in Europe.
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South Africa Plugs Tripartite FTA 8/26/2011 In the opinion of South Africa’s Deputy Minister of Trade and Industry,
Elizabeth Thabethe, the recent agreement to launch talks to establish a tripartite
free trade agreement between several African nations has made it more urgent to promote intra-African trade.
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COMESA Reviews Progress On Customs Union 8/9/2011 A third meeting was held this month in Lusaka by the Common Market for Eastern
and Southern Africa to study the progress made towards having a fully
implemented Customs Union by June 2012.
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African Leaders Launch Tripartite FTA Talks 6/16/2011 A leaders’ summit of the Common Market for Eastern and Southern Africa,
the East African Community and the Southern African Development Community, held in Johannesburg on June 11 and 12, has agreed to formally launch
negotiations to establish a tripartite free trade agreement.
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South Africa To Discuss Tripartite FTA 6/9/2011 A summit of the Common Market for Eastern and Southern Africa, the East
African Community and the Southern African Development Community will be held in Pretoria on June 11 and 12 to discuss the progress made towards
a tripartite free trade agreement (FTA).
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Economic Reforms To Continue In Seychelles 5/25/2011 James Michel has been successful in his bid for a second full term as President of the Seychelles after beating three opposition candidates, and is expected to continue the economic reforms set in place over recent years.
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Tripartite African Trade Talks Show Progress 5/18/2011 Ministers from countries within the Common Market for Eastern and Southern Africa, the East African Community and the Southern African Development
Community met recently in Lusaka to discuss the progress made towards the
proposed tripartite free trade agreement.
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IMF Finds Seychelles Economic Program On Track 3/23/2011 An International Monetary Fund mission has just completed a visit to the Seychelles to conduct discussions for the third program review under the Extended Fund Facility Arrangement with the country.
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Tripartite African Trade Talks To Start By Mid-2011 3/11/2011 South Africa’s Minister of Trade and Industry, Rob Davies, has said that
negotiations for the development of a free trade agreement between the Southern
African Development Community, the East African Community and the
Common Market for East African States will commence towards the middle
of 2011.
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OECD Publishes Critiques Of Territories' Tax Assistance Frameworks 1/31/2011 The Global Forum on Transparency and Exchange of Information for Tax purposes,
hosted by the OECD, has released ten reports which evaluate jurisdictions’
commitment to tax transparency, and examine whether information is made available
and accessible to foreign tax authorities.
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Seychelles Fiscal Programme Praised by IMF 1/10/2011 A substantial fiscal over-performance by the Seychelles in 2010 after two years
of its stabilization programme, together with a rapidly recovering economy on
the back of the tourist sector, has led to a recent International Monetary Fund staff report recommending completion of the country’s three-year funding
facility.
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Seychelles Economic Outlook 'Favourable' 12/29/2010 On December 20 the International Monetary Fund completed a consultation with the Seychelles and concluded that the economic outlook for the country is definitely favorable.
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Seychelles Economy Bounces Back 11/3/2010 The economy of the Seychelles is projected to grow by more than 6% this year thanks to the government's track record of sound fiscal and monetary policy management, according to the International Monetary Fund.
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Gaines-Cooper Wins Right To Appeal 8/17/2010 British-born tax exile Robert Gaines-Cooper has won the right to have his case heard in the UK Supreme Court in what will be the final chapter of a long-running legal battle with the UK tax man over his residence status for tax purposes.
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Seychelles Signs First TIEA With Netherlands 8/12/2010 A tax information exchange agreement has been signed between the Seychelles
and the Netherlands.
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Seychelles Tax Reform On Track 7/19/2010 The International Monetary Fund has confirmed that the Seychelles is meeting
all of the performance criteria under its three-year Extended Fund Facility approved
six months ago, particularly in the progression of its tax reforms.
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Indian Revenue Agency Opens Overseas Offices 4/30/2010 The Indian Central Board of Direct Taxes has opened tax offices in Singapore and Mauritius and plans to open in at least eight more countries in order to step up its measures against tax evasion.
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Bahrain, Seychelles Sign DTA 4/27/2010 During a recent visit to the United States, Bahrain’s Minister of Finance,
Shaikh Ahmed bin Mohammed Al Khalifa, and the Seychelles' Minister of Finance,
Danny Faure, signed an agreement for the avoidance of double taxation between
their respective countries.
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