Press release

Seychelles and COMESA agree additional grant to support regional integration

April 2, 2014

Minister Jean-Paul Adam, Minister of Foreign Affairs signed an addendum which serves as an addition to the Grant Agreement between the Republic of Seychelles and the Common Market for Eastern and Southern Africa (COMESA) on the implementation of the regional integration implementation programme under the COMESA Adjustment Facility (CAF) with support from the Regional Integration Support Mechanism (RISM) dated the 30th day of May, 2013.

Under this addendum COMESA shall make available 871,904 Euros in support of promoting trade, addressing food security initiatives, implementing science and technology programmes and mainstreaming gender and other social affairs to enhance regional integration agendas, amongst others.

The Regional Integration Support Mechanism (RISM) is a programme funded by the European Union under the 9th European Development Fund. The specific objective of the RISM programme is to support Member Countries in implementing the commitments made under the Regional Integration initiatives. The RISM is managed by the National Inter–Ministerial Coordinating Committee (NIMCC) for Regional Integration, who is mandated to coordinate the implementation of regional programmes at national level and to monitor and report on progress arising in the implementation of regional programmes.

The Seychelles NIMCC, which was formed on the 8th October 2012,   is chaired by Minister Jean Paul ADAM, Minister of Foreign Affairs and it comprises of representatives from the various government Ministries and Departments, the Central Bank the private sector and Civil Society.

Seychelles benefitted from the allocation following effective achievement of certain indicators whilst implementing its Regional Integration Commitments. One such indicator is to ensure that there is a proper coordinating Committee and a Secretariat dealing with Regional Integration matters.