Category Archives: Financial Services

U.S. Permanent Mission to the Organization of American States (OAS) Announces Visit by White House Advisor Ivanka Trump and OPIC President Ray W. Washburne To Highlight Women’s Empowerment in the Americas

Today, the U.S. Permanent Mission to the Organization of American States (OAS) announced the scheduled visit by White House Advisor Ivanka Trump and Ray W. Washburne, President and CEO of the Overseas Private Investment Corporation (OPIC), to address the organization’s member states on Administration efforts to advance women’s empowerment in the Americas. The event will take place August 27, at OAS headquarters in Washington, DC, at 2:00 p.m.

Ms. Trump and Mr. Washburne will speak before a special session of the OAS Inter-American Council for Integral Development, chaired by Ambassador Carlos Trujillo, U.S. Permanent Representative to the OAS. The presentation will bring focus to women’s economic empowerment in the Americas and advance OPIC’s 2x Americas Women’s Initiative launched at the Summit of the Americas in Lima, Peru on April 13.

The OPIC initiative will mobilize $500 million in private capital to invest in projects that empower women in the region by addressing economic barriers that limit women’s full participation in the economy, and reaffirms the Administration’s strong commitment to empowering women in the Americas and throughout the world through public-private partnership.

For more information on press coverage of the event, please contact the Organization of American States press office at: (202) 370-5437 or OASPress@oas.org. The event will be open to the press. The Organization of American States headquarters are located at 17th Street and Constitution Ave., NW, Washington, DC.

Source: U.S. State Department

Maduro Regime Crackdown Following August 4 Incident

The United States condemns the political violence that occurred on August 4, and urges the Maduro regime to respect the rule of law, exercise restraint, and safeguard the presumption of innocence for all accused.

The Venezuelan government’s response to this incident has been to arbitrarily detain some individuals and a failure to follow due process. In addition, there have been violations of parliamentary immunity, which is protected by Venezuela’s Constitution. The United States condemns the alleged use of torture to elicit confessions.

We join the international community in calling for an independent expert commission to investigate the August 4 incident. We urge the Maduro regime to respect the human rights of all persons detained in Venezuela and reiterate our call for the immediate release of all those who are arbitrarily detained, including political prisoners.

The Government of Venezuela is responsible for the widespread instability and suffering in Venezuela. The Maduro regime has systematically stripped millions of Venezuelans of their basic rights as citizens, and limited their access to food, medical care, and basic security. We encourage the Maduro regime to accept international assistance and pursue policies that alleviate the humanitarian crisis and restore democratic freedoms.

The United States stands with the Venezuelan people in their dream of living free in a prosperous and democratic country.

Source: U.S. State Department

Thai Airways Donates Relief Items For Flood Victims

Thai Airways on Wednesday donated two tonnes of relief items for flood victims in Sanamxay district, Attapeu Province.

Thai Ambassador to Laos Kiattikhun Chartprasert, representing the airlines company, presented the relief items to Vice Minister of Labour and Social Welfare Baykham Khatthiya.

The relief items included dried food, paper cups, clothing, bedding, tents and bags.

One of the five saddle dams of the Xepian-Xe Nam Noy hydropower project collapsed on July 23 triggering flash flooding in downstream areas. Since then, 39 have been confirmed dead and dozens remained missing.

Source: Lao News Agency

Russia Calls Latest US Sanctions on Companies in Russia, China, and Singapore ‘Useless’

Russia says the latest U.S. sanctions imposed on Russian, Chinese, and Singaporean companies are destructive” and “useless.

The U.S. penalized the three companies Wednesday, accusing them of helping North Korea avoid international sanctions.

The Russian Foreign Ministry said Thursday the new U.S. sanctions come when joint international efforts are needed toward a settlement in North Korea. Moscow said the sanctions could undermine denuclearization talks.

The U.S. has accused a Chinese trading company and its affiliate in Singapore of falsifying documents aimed at easing illegal shipments of alcohol and cigarettes into North Korea. The companies are said to have earned more than $1 billion.

A Russian company was also sanctioned for providing port services to North Korean-flagged ships engaged in illegal oil shipments.

The sanctions freeze any assets the companies may have in the United States and bars Americans from doing business with them.

Source: Voice of America

Pakistan Independence Day

On behalf of the Government of the United States of America, I would like to extend my best wishes to the people of Pakistan as they celebrate their independence day.

For more than seven decades, the relationship between the United States and Pakistan has rested on the strong foundation of close ties between our two peoples. In the years ahead, we hope to further strengthen these bonds, as we continue to look for opportunities to work with the people and Government of Pakistan to advance our shared goals of security, stability, and prosperity in South Asia.

Source: U.S. State Department

. Secretary Pompeo’s Call With Canadian Foreign Minister Freeland

The below is attributable to Spokesperson Heather Nauert:?

Secretary Michael R. Pompeo spoke today with Canadian Foreign Minister Chrystia Freeland. They discussed the dispute between Saudi Arabia and Canada over Canada’s call for releasing civil rights activists. The Secretary also discussed Iran and Ukraine.

Source: U.S. State Department

Malaysia Committed To Enhance Education Cooperation With Laos

Malaysia is committed to enhance cooperation with the Lao PDR on education, youth and sports.

The statement was made by Ambassador of Malaysia to the Lao PDR Mohd Aini Atan when he paid a courtesy call to Minister of Education and Sports Sengdeuane Lachanthaboun in Vientiane on Friday, 10 August 2018.

The ambassador was accompanied by Mr. Johan Arief Jaafar, First Secretary of the Malaysian Embassy in Vientiane.

Mr. Mohd Aini reaffirmed that education and capacity building programmes continue to be one of the main pillars of cooperation between both countries. Several hundreds of undergraduate students are interested to study in Malaysia each year. The number of the students from Laos is expected to increase as there are more than 100 well known private and public universities in Malaysia.

Education Malaysia in collaboration with the Embassy of Malaysia in Vientiane is going to organize an education fair tentatively on 8 September 2018 to further promote education between Malaysia and Laos, according to Mr. Mohd Aini.

Mr. Mohd Aini also noted the successful cooperation between the Nottingham University Campus based in Malaysia and local organizations on establishing the Nottingham University in Laos.

In September 1980, the government of Malaysia introduced the Malaysian Technical Cooperation Programme (MTCP), an initiative of sharing experiences and expertise in various fields including education cooperation with MTCP recipient countries.

In the Lao PDR itself, more than 2,000 officials have benefited through various programmes since its inception.

In addition, Mr. Mohd Aini encouraged Lao PDR students to apply for MTCP-ASEAN Scholarship Programme, who wishes to pursue their postgraduate studies in Master and PhD at Malaysian Universities for the year 2019.

Source: Lao News Agency

Ecuador National Day

On behalf of the Government of the United States, I extend congratulations to the people of Ecuador on the anniversary of the first call to independence on August 10, 1809, which sparked the independence movement in Latin America 209 years ago.

Since we established bilateral relations, our nations have enjoyed deep ties, which are growing stronger every day. Vice President Mike Pence’s visit to Ecuador underscores the ongoing progress. Our bonds are made especially evident by the reinvigorated friendship and partnership between our two countries. The United States is committed to working with the Ecuadorian people and their government to expand bilateral trade and investment, strengthen security cooperation, and increase cultural and educational exchanges. We welcome the opportunity to work with President Lenin Moreno and his administration to build a stronger bilateral relationship in areas of mutual interest.

I congratulate all Ecuadorians on this day that led to your nation’s independence.

Source: U.S. State Department