President Faure receives Assistant Secretary of the United States Treasury – Office of the President of the Republic of Seychelles

08 October 2019 | Finance

President Danny Faure received the Assistant Secretary for Terrorist Financing at the United States Department of the Treasury, MrMarshall Billingslea,for a courtesy call at State House this morning.

MrBillingsleaand his delegation are currently in Seychelles to further strengthen the relations between the United States of America and Seychelles in the financial system and see how they can assist in improving the countrys laws that deal with anti-money laundering and countering the financing of terrorism, among other areas.

President Faure welcomed MrBillingslea and his delegation to the country andreaffirmed Seychelles commitment to further advance the relationship with the U.S.A, a solid bilateral partner, and explore new avenues for collaboration.

During the meeting, the discussion between the Head of State and MrBillingslea centred on how Seychelles and the United States of America can intensify their cooperationin fighting money laundering, drug trafficking, marine security and other threats affecting the country.

Speaking to the press after the meeting, MrBillingsleadescribed the relations between the United States of America and Seychelles as very close and positive. He said that the economy of Seychelles is very strong. He said during his time in Seychelles he would be meeting with the Governor of Central Bank about expanding digital technology in the financial sector and getting the banking system fully digitised.

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President Faure receives Assistant Secretary of the United States Treasury - Office of the President of the Republic of Seychelles