The Falkland Islands Executive Council, (EXCO), considers essential more public scrutiny to budget affairs discussions so that individuals can better understand what monies are available for ongoing funding and which are windfall incomes from oil related matters.
An agreement has been reached between the Falkland Islands government and Rockhopper Exploration regarding tax arising from the Sea Lion farm-out to Premier Oil, an operation involving a billion US dollars, and which according to the settlement generated a credit of 146m dollars for the Islands Treasury.
Argentina formally rejected on Tuesday the United Kingdom's 16 December protest against the latest Argentine hydrocarbons legislation which seeks to criminalize oil industry activities in Falklands/Malvinas Islands waters and which London argues is not applicable to the Islands.
The United Kingdom formally protested on Monday to Argentina about the passing of an amendment to the hydrocarbons bill which seeks to criminalize individuals or companies with involved in hydrocarbons activities in Falkland Islands waters, insisting that Argentine law does not apply to the Falklands and the Islanders right to develop their hydrocarbons sector.
An Argentine national senator publicly rejected an invitation to attend a special business and academics conference in Oxford arguing he could not participate in an event coming from a country which has troops occupying part of our motherland territory.
Three experts in the use of renewable energy who were visiting the Falkland Islands this week as the guests of the Falkland Islands Government declared themselves surprised by extent of the efforts made in the Islands to reduce dependence on fossil fuels.
A successful and well attended conference took place at the Aberdeen Exhibition and Conference Centre on the 4th December 2013 to open up business links between the Falkland Islands and Scotland’s oil service business sector. This event was the second of the two planned events from the project known as FalkLink.
The commitment of the governments of the Overseas Territories and the UK to continue to work together in partnership was underlined by Foreign Office minister Mark Simmonds MP when he updated Parliament on the outcome of this year’s Joint Ministerial Council, which was attended by leaders from eleven OTs including the Falkland Islands.
Falkland Islanders have been praised for their international campaign of diplomacy explaining their democratic credentials to the world and proclaiming their overwhelming referendum vote for self-determination and retaining their links with the United Kingdom.
In a statement released Friday afternoon, the Falkland Islands Government has said it was saddened to learn of the passing of former South African President Nelson Mandela yesterday.