(WASHINGTON) Press Release Report: First Joint Committee Meeting Under the Bilateral Agreement Between the United States of America and the United Kingdom on Prudential Measures Regarding Insurance and Reinsurance #AceNewsDesk report

#AceNewsReport – Mar.30: On March 25, 2021, the United States and the United Kingdom held the first meeting of the Joint Committee established under the U.S.-UK Agreement on Prudential Measures Regarding Insurance and Reinsurance (“the Agreement” hereafter). The United States and the United Kingdom signed the Agreement on December 18, 2018, and the Agreement entered into force on December 31, 2020:

Press Release: FOR IMMEDIATE RELEASE

March 30, 2021: Contact: Alexandra LaManna; Press@Treasury.gov

The Agreement—which is a ‘covered agreement’ as defined by the Dodd-Frank Act for the United States—addresses three areas of prudential insurance oversight: (1) reinsurance, (2) group supervision, and (3) the exchange of insurance information between supervisors.

The Joint Committee meeting was conducted by video conference and attended by representatives from the U.S. Department of the Treasury, the Office of the U.S. Trade Representative, Her Majesty’s Treasury, and the Prudential Regulatory Authority of the United Kingdom, as well as by U.S. state insurance commissioners and the Federal Reserve Board. 

During this first Joint Committee meeting under the Agreement, participants on both sides discussed progress made toward timely implementation of the Agreement, including the removal of collateral and local presence requirements for reinsurers and the provisions on group supervision measures. In addition, the United States and the United Kingdom affirmed their commitment to the Agreement and to close coordination between the two sides as implementation continues. Consistent with the Agreement, both sides are continuing to encourage relevant authorities to refrain from taking any measures that are inconsistent with any provisions of the Agreement.

#AceNewsDesk report ……..Published: Mar.30: 2021:

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#agreement, #bilateral, #insurance, #united-kingdom, #united-states, #washington

MOSCOW: ‘ PUTIN DISCUSSES BI-LATERAL RELATIONS WITH POROSHENKO ‘

#AceWorldNews – MOSCOW – Nov.28 – President Vladimir Putin discussed bilateral relations and the situation in south east Ukraine with Ukrainian President Petro Poroshenko via telephone, the Kremlin said on Thursday.

The call on Wednesday evening was on Ukraine’s initiative.

Violence in east Ukraine is continuing despite a ceasefire agreement signed in September.

#ANS2014 

#bilateral, #telephone-call

‘ Iran P5+1 Group Meet in New York Raising Security and Agreeing Limiting Media Coverage ‘

#AceWorldNews UNITED NATIONS September 20. /ITAR-TASS/. Iran and the P5+1 group (five permanent members of the U.N. Security Council and Germany) are working in different formats, having raised the level of security, an informed diplomatic source said on Saturday.

© AP Photo/ISNA, Hamid Foroutan

© AP Photo/ISNA, Hamid Foroutan

The sides are working on a bilateral basis as well but no plenary meeting is expected on Saturday, the source told ITAR-TASS.

The sides have agreed not to disclose the details of the negotiations and to limit their contacts with the media.

The source said the process was fragile and needed to be handled carefully as the sides were looking for compromises.

Political directors from Iran and the P5+1 group met in New York on Friday, beginning a new round of talks on the Iranian nuclear programme.

The head of the Russian delegation, Deputy Foreign Minister Sergei Ryabkov sa said Russia would “continue to work with its partners in order to lay the groundwork for compromises”.

The recent contacts, including bilateral ones, with the Iranians were quite promising and showed that the Iranian delegation is preparing for the upcoming round most fundamentally,” Ryabkov said, adding that the six world powers were preparing as well.

We will continue working towards the result,” Ryabkov said.

New round of talks will continue ………#ANS2014

#ans2014, #russia, #bilateral, #geneva, #germany, #iran, #iranian, #p51group, #russian, #un-security-council, #united-nations

` China looking to help ` Tajikistan ‘ Strengthen their ` Defence Capacity ‘ including Military Technical Assistance ‘

#AceWorldNews – DUSHANBE – March 31 – China is satisfied with the level of bilateral cooperation in all spheres, including military and military-technical and guarantees assistance to Tajikistan in the strengthening of its defence capacity,” Chinese Defence Minister Chang Wanquan said.

He said China would supply military uniforms and help in the training of military personnel, adding that this would involve “hundreds of millions of dollars”.

The Chinese side also gave high marks to Tajikistan’s presidency of the Shanghai Cooperation Organization (SCO), which brings together China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.

President Emomali Rakhmon, for his part, referred to China as “a good neighbour, a devoted friend and trustworthy partner”.

The Tajik leader praised cooperation of the two countries in the fight against drug expansion and other global challenges and threats.

TASS – Russian Media and News

#ANS2014

#bilateral, #china, #chinese, #dushanbe, #kazakhstan, #kyrgzstan, #russia-3, #shanghai-cooperation-organisation-sco, #tajik, #tajikistan, #uzbekistan

” Putin Agrees to Meet `Japanese PM Shinzo Abe’ in Japan this Autumn to Remove Block on Bilateral Relations”

#AceWorldNews says Russian President Vladimir Putin agreed to visit Japanese Prime Minister Shinzo Abe in Japan this autumn, signifying a warming of relations following an ongoing island dispute that neither wishes to stand in the way of trade.

“We have seen a good environment created that could help resolve the most difficult problem in bilateral relations,” Putin said before talks began.

Abe told a news conference in Sochi: “Japan and Russia want to solve complex problems and sign a peace treaty as soon as possible.”

The leaders will first meet again at the 40th G8 Summit, also to be held in Sochi in June.

Putin’s press secretary, Dmirty Peskov, confirmed to ITAR-TASS that the visit to Japan is scheduled for October.

#bilateral, #g8, #itar-tass, #japan, #russian, #russian-president-vladimir-putin, #sochi, #trade