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National Service: A toolfor EconomicDevelopment, NationalCohesion and theDefence of Sovereignty

Bi-Weekly Newsletter
Permanent Mission of the State of Eritrea to AU
and UNECA
Press Section
Egyptian Foreign Minister Conducted aWorking Visit to Eritrea
The Foreign Minister of Egypt, Mr.
Sameh Shoukry, conducted a working
visit to Eritrea on 6 and 7 May 2015.
The visit aimed at further strengthening the longstanding historical relations between Eritrea and Egypt.

During the visit, the Egyptian ForeignMinister met with his Eritrean counterpart, Mr. Osman Saleh, and heldtalks on enhancing bilateral relations
as well as on regional issues.
It is to be recalled that President Isaias
Afwerki attended the swearing-in
ceremony of President Abdel Fattah El-Sisi in June, and conducted a working
visit to Egypt in September 2014.
Moreover, last year Foreign Ministers
Osman Saleh and Sameh Shoukry met
and held talks in New York and Cairo
on enhancing the brotherly ties between the two countries.

Eritrea and the AfDB
Signed USD 41 Million Loanand Grant Agreements
The Government of Eritrea and the African Development Bank (AfDB)
signed agreements to finance two projects on skills development, drought
resilience and sustainable livelihood
program.

24 MAY 201524 ANNIVERSARY OF
ERITREAN
INDEPENDENCE

Vol 2. Issue 33
18 May 2015
Inside this issue:
Eritrea took part inthe Meeting of theAU STC on Defense, 2Safety and Security
New Civil andPenal Codes andAssociatedProcedures Put
into Effect
Eritrea’s Proposals
for Combating
Human Traffickingand Smuggling

23

thEritrea: an Attractive Destination forMining Investment

3Contact Addresses:
Tel: +251-116620052
Fax:+251-116620011
Email:eritreanaumission@gmail.com
P.o.Box: 5527
Addis Ababa, Ethiopia

The USD 41 Million agreement wassigned in Asmara, on 08 May 2015, by
the Minister of Finance of Eritrea, Mr.
Berhane Habtemariam, and Mr. Gebriel Negatu, the Regional Director of
the African Development Bank. Half of
the amount is grant while the remaining is in the form of concessional loan.

Eritrean Mission toAU& ECA@EritreaAU

Vol 2. Issue 33, 18 May 2015

Page 2Eri-NewsEritrea took part in the Meeting of the AU STC on Defense, Safety and Security
A delegation led by Ambassador Salih Omar, Eritrean Ambassador to the Republic of South Africa
and SADC Region participated in the 8th meeting ofthe AU Specialized Technical Committee (STC) on
Defense, Safety and Security, and the 11th meetingof the African Chiefs of Defense Staff and Heads ofSecurity and Safety Services which was held in
Victoria Falls, Zimbabwe, from 11-16 May 2015.

The meetings focused on reviewing the progress
made in the full operationalization of the African
Standby Force (ASF) and its Rapid Deployment
Capability (RDC) including the Status of theOperationalization of the Continental Logistics
Base (CLB), the status of operational readiness ofthe African Capacity for Immediate Responses toCrisis (ACIRC) and on-going African-led PeaceOperations.
The Ministers discussed the harmonization ofACIRC and ASF-RDC and underlined the need toprovide all required resources to the full operationalization of ASF-RDC.
The meetings received updates on the crises situations in Africa, and gave serious consideration tothe efforts carried out by the AU to combat terrorism in the continent. In this regard, Ambassador
Salih expressed Eritrea’s strong commitment tofight terrorism and underscored Eritrea’s readinessto work in collaboration with countries in the region and across the continent.
.

New Civil and Penal Codes and Associated Procedures Put into Effect
The Government of Eritrea gazetted new Civil andPenal Codes as well as Civil Procedure and Penal
Procedures Codes. The new Codes will replace therespective Transitional Codes that were enacted immediately after liberation in 1991. The Commercial
Code is in the process of finalization and will soon be
put into effect.
The Codes are designed to further enhance the supremacy of law. They are in consonance with thecivilized and law-abiding traditions and norms of theEritrean people as well as with the aspirations andobjectives of the long struggle that they had waged toensure respect of their inalienable rights. The public-ation and enforcement of the new Codes that guarantee peace and social harmony for generations to comeand that are predicated on human dignity, development and the rule of law is both timely and indispensable.
The drafting process of these laws took several years,
accompanied as it was, by profound research and examination of relevant customary laws and universallyrecognized legal principles and norms. The exercise
did not only involve professional legal experts but
was also characterized by extensive consultations
with all relevant stakeholders in the country.

Vol 2. Issue 33, 18 May 2015

Page 3Eri-News

Eritrea’s Proposals for Combating Human Trafficking and Smuggling
As part of a comprehensive approach to address theissue of migration, and to combat the scourges ofhuman trafficking and smuggling, Eritrea proposes:
1. a robust and concerted effort to identify,
arrest and prosecute the human traffickingcriminals, and all those who in different
guises, including human rights activism,are complicit in these crimes.
2. a determined effort for broad-based andsustained socio-economic development aswell as active citizen political participation

to provide increased opportunities for citizens
in countries that are currently sources of migration.
3. a review of the migration policies of the countries of destination, and in Eritrea’s case, theend of the selective and unjustified politicization of the migration issue.
4. protection of the rights of all migrants, including their right to education, skills training,employment as well as their right to maintaintheir links to and visit their home country.

Eritrea: an Attractive Destination for Mining Investment
Eritrea has become an increasingly attractive addressfor mining investment since its independence 24
years ago with its attractive investment regime attracting 17 companies from China, Russia, UK andAustralia. These include South Boulder Mines(ASX:STB), Nevsun Resources (AMEX:NSU), Sunridge Gold Corporation (TSX: SGC) and China’sSFECO.
Eritrea has a stable government with an educated anddisciplined work force while benefitting from its location along the Red Sea, which offers access to export markets.
The country’s mining laws ensure that the Eritrean
people receive their fair and equitable share while
including monitoring and strict adherence to internationally accepted practices ensuring safety and protection of the environment.
About 60% of Eritrea’s landmass is covered by sedimentary rocks that tend to host metallic minerals.
These include gold, silver, copper, zinc, barite, limestone, granite and rare earth metals like tantalum andmuch more.
CompaniesAustralia’s South Boulder Mines is currently completing the Definitive Feasibility Study for the Colluli
Potash Project, which is on track for delivery in theSeptember 2015 Quarter.

A Pre-Feasibility Study has already demonstrated
highly favourable economic outcomes from Phase Iof the project, which has a mineral resource of 1.289
billion tonnes. Colluli also benefits from its location
just 75 kilometers from the coast, which makes it oneof the most accessible potash deposits globally.
Mineralisation starts at just 16 meters, making theresource amenable to open cut mining methods.
Substantial upside for the project exists from the exploitation of other contained products within the resource such as high purity rocksalt, kieserite(magnesium sulphate), gypsum and magnesium chloride.
Canada’s Nevsun finished gold production in 2013
and is currently extracting copper while making
preparation to extract zinc from Bisha, one of thehighest grade open pit copper mines in the world.
The Zara Mining Share Company run by the Chinesecompany SFECO is expected to become Eritrea’s
next gold producer in 2016, followed by Canada’sSunridge.
Source: Proactive Investors Australia
http://www.proactiveinvestors.com.au/companies/n ew s / 6 2 3 1 0 / e ri t re a- wav es -t h e-m i n i n g -fl a g62310.html

Vol 2. Issue 33, 18 May 2015