AGP Executive Report
Last update: an hour agoTourism Payments: Seychelles has acknowledged sanctions-related payment difficulties for Russian travellers, raising risks for hotels and other tourism businesses as banks tighten checks on Russia-linked transfers. Shipping and Compliance: A sanctioned tanker owned by Seychelles-based companies loaded Russian diesel and signalled an Atlantic destination, though its arrival and discharge port remain unconfirmed. Blue Economy: Environment, Climate, Energy and Natural Resources Minister Marie-May Jeremie called for international support for small-island states’ blue development ahead of COP31; at CHOGM, Seychelles also highlighted innovative financing for the blue economy. Financial Services: The US Treasury moved to cut Seychelles-based crypto exchange MEXC off from the US financial system over alleged facilitation of more than $16 billion in suspicious transactions. Maritime Security: Seychelles joined a regional workshop in Kenya to develop a shared strategy for protecting shipping routes and coordinating responses to threats across the Western Indian Ocean.
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