UN chief urges Greek Cypriot and Turkish Cypriot sides to seize ‘historic’ chance for peace

30 June 2017 – United Nations Secretary-General António Guterres today called on the leaders of the Greek and Turkish communities in Cyprus to grasp “an historic opportunity” to reach a comprehensive settlement to the conflict that has divided the Mediterranean island for more than four decades.

“The road back to Switzerland has not been easy, but the path to lasting peace never is,” Mr. Guterres told a press conference in the Swiss town of Crans-Montana, where the UN-facilitated talks are taking place.

The Conference on Cyprus, which began on 28 June, brings together Greek Cypriot leader Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci, as well as the guarantors – Greece, Turkey and the United Kingdom. The European Union is attending as an observer.

“To get to this point, the leaders have overcome significant challenges and making unprecedented progress, and I salute the determination and common vision which has led them here,” the Secretary-General stated.

He added that the reconvening of the Conference offers “an historic opportunity to reach a comprehensive settlement to the conflict that has divided Cyprus for too many decades.”

Cyprus has been divided since 1974. The negotiations have come down to six main areas, which include new territorial boundaries, power-sharing and the economy.

“I firmly believe that, through determination and political will, it will be possible to clear this final hurdle and reach a comprehensive settlement,” Mr. Guterres said, recognizing that some sensitive and difficult issues remain to be resolved, including in the area of security and guarantees.

Asked what the UN would do if the sides failed to produce a settlement at the Conference, the Secretary-General said that the Organization is “not impatient” and its role continues to be providing support for the parties to find a solution.

After ‘successful’ visit to Haiti, Security Council notes window of opportunity for reforms

30 June 2017 – Haiti has a window of opportunity to implement reforms necessary to bring the Caribbean country onto a path of stability and development, the United Nations Security Council President said today.

Recounting the Council’s recent visit to Haiti, Ambassador Sacha Sergio Llorentty Soliz of Bolivia, which holds the presidency for the month of June, pointed to opportunities to cement positive change in the country.

“Haiti is at a political crossroads. The window of opportunity is open to promote the reforms the country needs to respond to challenges,” he said. These include strengthening the rule of law, reforming the security sector, providing basic services, and creating jobs.

Mr. Llorentty led the Security Council mission to Haiti from 22 to 24 June, to get a first-hand look at how the UN could best contribute to stability and development in the country.

“The mission of the Security Council to Haiti was successful because of the large amount of information we obtained in face-to-face meetings, and the better understanding of concerns and expectations that Haitians have about the drawdown of MINUSTAH and the transition to the new mission,” Mr. Llorentty said, using the acronym for the UN Stabilization Mission in Haiti.

In April, the Council extended MINUSTAH’s mandate for a final six months, deciding to transition it into a smaller follow-up mission, known as the UN Mission for Justice Support in Haiti (MINUJUSTH), which would assist the Haitian Government to strengthen rule-of-law institutions, its security sector and human rights monitoring.

“The information gathered will be useful when defining the nature of implementation of the new mission,” said Mr. Llorentty.

During the visit, the Council members met with President Jovenel Moïse, members of his cabinet, parliamentarians, national police, judicial officials and civil society and private sector representatives.

The main issue which came up at every meeting, and which requires the Council’s attention, Mr. Llorentty said, was cholera. Concerns over cholera were vital to all aspects of Haiti’s future, from water and sanitation concerns to its development and stability, he noted.

In December 2016, then-Secretary-General Ban Ki-moon put forth a New Approach to Cholera in Haiti, which demonstrated the Organization’s commitment to eliminating the disease in the country.

Security Council adopts first-ever resolution on mine action

30 June 2017 – The United Nations Security Council today adopted its first-ever resolution on mine action, noting the serious and lasting threat posed by landmines, explosive remnants of war and improvised explosive devices, while also recognizing the positive contribution of mine action to sustaining peace and stability.

Resolution 2365 “calls on all parties to armed conflicts to end immediately and definitively any indiscriminate use of explosive devices in violation of international humanitarian law.”

The 15-member body unanimously adopted the resolution, noting the danger that they pose to civilians, including children, as well as refugees returning home, peacekeepers, aid workers, law enforcement, and other personnel.

Given the positive contribution of mine action to efforts to sustain peace and stability, the new resolution stressed “the importance of considering mine action during the earliest stages of planning and programming in peacekeeping operations and special political missions,” as well as in humanitarian responses.

The Council encouraged the international community to provide assistance for the care, rehabilitation, and economic and social reintegration of victims and persons with disabilities maimed by mines.

In addition, the Secretary-General has been requested to provide information on threats posed by landmines, explosive remnants of war and improvised explosive devices, and efforts to mitigate these threats, when reporting on peace operations and humanitarian responses.

Today’s adoption comes just two weeks after the Council held a debate on mine action and mitigating the risks associated with mines.

10 years since its creation, the EU-China Civil Society Round Table discusses innovation, trade and investment, and social and labour rights

The EU-China Round Table’s fifteenth meeting took place in Beijing from 28 to 30 June 2017, marking 10 years since it was first set up. The theme of the 2-day meeting of delegations from the European Economic and Social Committee (EESC) and the China Economic and Social Council (CESC) was “Partnership for Growth, Civilization of mutual benefit”. The main topics of debate were innovation as a driver for economic vitality, trade, investment and social and labour rights, summed up in a joint statement. In addition, both delegations met with Mr Yu Zhengsheng, Member of the Politburo Central Committee of the Communist Party of China, and Chairman of the CPPCC.

On behalf of the Chinese government, Mr Yu acknowledged the need for China to tackle the inequalities created as a result of globalisation, and reaffirmed their will to cooperate with the EU in an open, sustainable and rules-based multilateral environment.

Mr Georges Dassis, EESC President, reaffirmed that the EU needs China and China needs the EU, and that both the EESC and the China ESC can play a role, as civil society, in making this relation become fully participative.

Stefano Palmieri, EESC Member and rapporteur on social and labour rights  said that “The EU and China need to take decisive action to reaffirm the importance of decent jobs and working conditions on the basis of agreed international labour conventions”.

“The implementation of the Chinese Belt and Road Initiative should contribute to the realization of the United Nations 2030 Agenda, and its Sustainable Development Goals”, said Jonathan Peel, EESC Member and rapporteur on Trade and investment liberalisation and facilitation, “and should be aligned to the European TEN-T and under the Connectivity Platform”.

EESC Member Antonio Longo presented his report on Innovation-driven development and economic vitality, focusing on the need for reciprocal conditions for R&I cooperation, and for mutual access to EU and China research programmes for students and researchers.

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The EU-China Civil Society Round Table was established in 2007 following a decision taken by the 9th EU-China Summit in Helsinki. The delegations from the EESC and its Chinese counterpart, the China Economic and Social Council, meet regularly to discuss topics relating to economic and social issues relevant to both parties. By elaborating reports, discussing them and exchanging ideas, the representatives of the European Economic and Social Committee and the China Economic and Social Council contribute to the development of the overall EU-China relationship, from a civil society perspective.

ESMA provides market size calculations for MiFID II ancillary test

Under the revised Markets in Financial Instruments Directive (MiFID II) market participants are required to measure their own activity against total market sizes in commodity derivatives. Those market participants exceeding a certain market share are required to apply for an authorisation as an investment firm.

ESMA provides indication of market sizes

ESMA collected data for the calculation of the on-venue market size from the trading venues located in the Euopean Economic Aarea (EEA), which it provides for the total year of 2015 and for the second half of the year 2016. In addition, ESMA also looked at the size of the OTC market for the second half of 2016 based on data from trade repositories. The exact methodology applied and the way market participants can use the data published by ESMA for their market share calculations are described in detail in the opinion.

Due to the lack of publicly available data for commodity derivatives and emission allowances, ESMA’s intention behind this publication is to help market participants in performing the ancillary activity test in MiFID II.