Trading Bougainville Copper (ADRs) 867948
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Ich halte es im jetzigem Stadium nicht für angebracht, Teilinformationen zu veröffentlichen, da es für den uninteressierten Leser, aus dem vollständigem Zusammenhang gerissen, wohl eher eine Verwirrung als eine Hilfe sein könnte.
Interessierte können mich nach wie vor über BM kontaktieren und dann schau ich mal, wie ich helfen kann.
4
THE Autonomous Bougainville Government (ABG) is closely monitoring the National Election and expects that one of the priorities of the new government formed would be to initiate the long overdue meeting of parties to the Joint Supervisory Body (JSB).
The parties to the JSB comprise members of the Autonomous Bougainville Government led by President John Momis and members of the Papua New Guinea government led by the elected new Prime Minister.
The ABG is concerned at the oversight shown by the last PNG government to upholding its contractual obligation to implement the process of Autonomy that involved ensuring an efficient progress on the draw down of powers and functions to the ABG.
Autonomous Region of Bougainville President,John Momis said although much progress had been made in bringing powers and functions to Bougainville, there are constraints such as the slow transfer of the powers and functions.
“Among the causes are issues relating to capacity, disinterest on the part of the National Government and some legal and institutional restraints relating to absorptive capacity in Bougainville.
Given this level of development, I think it imperative that both the ABG and the National Government should consider new approaches to the transfer issues”, said Momis.
He suggested that both parties refocus their efforts on four key strategies as follows.
• Capacity and internal and external co-operation and coordination issues,
• New Key Priorities {Economic Issues, Mining and other economic powers} that will lead to fiscal self-reliance.
• Establishment of the Institutions of Government in Bougainville as a pre-condition for the Referendum
• Security Issues
The President said in order to achieve these objectives he had directed his administration to focus on strengthening the Division of Autonomy through the provisions of additional resources including legal expertize.
ich würde eine für mich gefühlt hohe Anzahl an Aktien eintragen lassen.
Die genaue Zahl möchte ich hier nicht nennen.
Muss nicht jeder wissen.
Soll ich das selber anschieben oder bringt es mehr, wenn wir das in einer Gemeinschaft betreiben?
VG
Wenn Du selbst anschiebst, dann findest Du evtl. einen neuen, anderen oder zusätzlichen Weg und hättest evtl. einen Zeitvorsprung. In wie weit ein Zeitvorsprung nützlich sein könnte, wenns dem shorty - sollte es ihn wirklich geben - mal nass rein geht, kann ich nicht beurteilen.
Wir haben bereits eine Antwort von CBL erhalten. Eine Umregistrierung (immer verbunden mit einer physischen Auslieferung) ist möglich. Wir brauchen dazu einen Auftrag via Fax von euch zur Auslieferung mit den Adressdaten (wohin das Statement, d.h. der Nachweis im Aktienregister zu senden ist) und auf welchen Namen und Adresse die Stücke registriert werden sollen. Sobald der Übertrag vom Zentralverwahrer zum Registrar erfolgt ist, wird ein „Issuer Sponsored Holding Statement“ an den Kunden per Post gesandt. Ca. 3-4 Wochen wird der Prozess in Summe mindestens dauern. Ein Zertifikat erhält der Kunde keines.
Kosten: Ungefähr EUR 70,00 (eigene Spesen + registration fees)
Evtl. anfallende Drittkosten + Versandkosten, etc. werden zusätzlich weitergereicht.
d.h. meine AKtien liegen bei CBL, wer immer das ist.
Die Nachricht über Boardmail muss mir mal einer erklären wie das geht... dann melde ich mich auch....
BM - Bordmail - Wenn Du mir z.B. ein Bordmail schreiben willst, dann klicke auf meinen Namen und dann auf "Bordmail schreiben". Das ist so eine Art nicht öffentliche email, nur eben über das Ariva board. Wenn Du selbst einen Posteingang hast, dann wird Dein Namen ganz oben gelb hinterlegt - so wie jetzt. Dann klicke auf Deinen Namen und dann auf "Bordmail" dann öffnet sich Dein Posteingang.
vG Tom
wie soeben telefonisch besprochen darf ich Ihnen mitteilen, dass die Eintragung ins Aktienregister betreffend Bougainville PG0008526520 leider nicht darstellbar ist. Verkürzt gesagt würde die Eintragung ins Aktienregister die Lieferung der Bestände an den Registrar in Australien erfordern. Somit wäre keinerlei Servicierung mehr durch uns bzw. unsere Lagerstelle möglich (betreffend z.B. Überwachung von Kapitalmaßnahmen, Zahlungen etc.).
Chance/Risikoverhältnis für eine Gegenbewegung sieht sehr gut aus.
Ich glaube, ich kaufe auch nochmal zu.
Man kann gespannt sein...
http://www.postcourier.com.pg/20120702/mohome.htm
By RAMCY WAMA
PRIME MINISTER Peter O’Neill leads the counting for Ialibu -Pangia electorate by a big margin with 8388 votes, followed by Raphael Noipa with 1851 votes after count 22.
The counting for the Southern Highlands Province scheduled for Thursday was deferred to Friday due to lack of preparation by the counting officials.
The counting of the votes officially commenced on Friday but on a snail pace. The counting started at 12 midday and ended at 7pm.
It continued the next day, Saturday, at 11am and finished at 4pm. After count 11 for the Ialibu-Pangia seat, Peter O’Neill led with 6219, Raphale Noipa with 632 and on the third spot was Eke Lama with 437 votes.
Counting for most of the electorates were slow but the counting for the Regional seat and Ialibu-Pangia were by Saturday going ahead with 21 and 22 ballot boxes already counted respectively.
After count 21 for the Regional seat, former provincial administrator William Powi lead the race with 4141 votes as businessman Joseph Kombol came on the second spot with 2551 votes and Sylvester Komba -1968 votes.
The Mendi Open seat is lead by sitting MP Pastor Isaac Joseph with 3464, followed by Masa Apon with 3074 votes and De Kawano was on the third spot with 1997.
Counting for Nipa Kutubu seat was suspended for two Local Level Governments with a court order from some candididates but commenced yesterday morning.
Steven Andaiyo led for Nipa Kutubu with 1563 votes, followed by Gibson Temo on the second spot with 1141 and Tony Kila on third place with 1058 votes.
In the country for Imbonngu seat, Minister for Works Francis Awasa was running second with 1299 votes. He was led by Buka Tala with 1417 votes.
In the Kauga Erave seat, sitting MP Philemon Embel led the race with 3252 votes while Komeali Ropa was second place with 1258 votes and Albert Noria was on the third place with 1178 votes.
The provincial election manager David Wakias assured the people that starting Monday, counting would proceed fast and and results for Ialibu-Pangia electorate would be declared ahead of the others.
Namah made chief in Buka
DEPUTY Prime Minister Belden Namah was made a chief in Buka over the weekend.
Bougainville Regional MP Fidelis Semoso received him with high accord together with his Party officials.
Namah is making a second trip to Bougainville this time, to Central and South Bougainville with several leaders including Regional MP Semoso and his other PNG Party entourage.
The welcome reception for Namah into Bougainville was somewhat contradictory to the statement released by Mr Michael Laimo last week, who said that Belden Namah was not welcome in Bougainville.
Mr Namah and his team, had unknowingly arrived on Bougainville soil on Friday, June 15th, to learn that it was the 7th anniversary for the region since gaining autonomy.
It was an emotional time for Mr Namah as he recalled 15 years before, how as a young soldier he had assisted the people during the Sandline Crisis in 1997.
“I’m really touched. It’s really an emotional trip for me. The last time I set foot here was in 1996 and after that the crises happened in 1997… I am just very happy to see the people moving around freely and the reception and I feel like crying.
“After serving in Bougainville, I have learnt one thing; that Bougainvilleans are very beautiful people. I want to thank the Member for North Bougainville Mr Fidelis Semoso, Governor Mr Louta Atoi and Acting President Patrick Lisira for welcoming me”, Mr Namah said.
He added that previous successive governments neglected funding to Bougainville and that the O’Neill-Namah government was the first since the peace treaty to have allocated a budget of K100m. Mr Namah said he was happy that the Prime Minister Mr Peter O’Neill had listened to the cries of the people of Bougainville, particularly the President, Governor and the three members. The entourage were then led to the Bel Isi oval where Mr Namah continued to express his love for the people of Bougainville and challenged them to vote for the Bougainville Regional seat candidate Mr Lohial Nuau and also endorsed Regional member Fidelis Semoso as a Pro PNG Party candidate.
At the Hagogohe sports oval, the Acting President Patrick Lisira, on behalf of the President Father John Momis, said he was happy to have the Deputy Prime Minister as a special guest during their 7th anniversary celebrations.
“Mi givim bikpela luksave na welkam long Deputi Praim Minista na Jamie Maxtone-Graham, na long ol skul insait long Buka district na long olgeta Bougainvilleans( I want to extend a big welcome to Deputy Prime Minister and Mr Jamie Maxtone-Graham and to the participating schools in Buka district and to all Bougainvilleans”, Mr Lisira said.
Mr Lisira told the people that the reason for celebrating the anniversary is because a lot had happened for the region, especially in the delivery of basic social services such as schools, health services and infrastructure.
He also said the Autonomous Region of Bougainville Government (ABG) were able to maintain peace for the last seven years which was a big achievement for them.
Mr Lisira thanked the Deputy Prime Minister on behalf of the President and the people for what he did in 1997 during the Sand line Crises.
The highlight of the visit was when a chief from one of the four clans, the Nawen clan, presented two live pigs to Mr Namah and also presented him with a traditionally woven necklace to officially initiate the Deputy Prime Minister as a Chief with a new name, Belden Harin Namah, Harin meaning ‘warrior’.
Mr Namah then presented the people with K270, 000 cash. Two hundred thousand kina to the organisers of the welcome reception at the airport, K50, 000 to the participating schools and groups at the Hagogohe community, K10, 000 to the church and K10, 000 to the Bougainville Boxing club in preparation for the Pacific Games.
Source:
The National, Monday July 2nd, 2012
By JEFFREY ELAPA
PRIME Minister Peter O’Neill has jumped to a commanding lead in the Ialibu-Pangia electorate, Southern Highlands province, by garnering 8,388 votes as counting continues into the fourth day.
Counting resumed in the electorate late last Friday.
After count 22, O’Neill remained ahead of his rivals by 7,537 votes. Following him was Raphael Noipo with 1,851 votes. On third place is Eke Lama on 1,848 with Philip Rambu following closely on 1,597.
Counting for Ialibu-Pangia had been progressing smoothly and officials expected a declaration this week if the pace was maintained.
Counting for Kagua-Erave had resumed after it was suspended following a scrutineers’ dispute. Sitting MP James Lagea was leading on 3,252 followed by Komeaii Ropa on 1,258, Albert Noria on 1,178 and former MP Daniel Tulapi trailing on 637 after count 12.
Counting for Nipa-Kutubu had stopped at count 29.
After count 11, Steven Andayo was leading on 1,563 followed by Gibson Temo on 1,141, Tony Kila on 1,058, Kossy Sosoro 1,053 and sitting MP Philemon Embel on 849.
Nine boxes for the Imbonggu open electorate were counted yesterday and former MP Buka Tala was leading with 1,417. Sitting MP Francis Awesa was trailing him on 1,299, Joseph Injipa 1,174 and Pias Alopea following on 1,064.
In the Mendi open electorate, Pastor Isaac Joseph was leading with 3,464, Phillipus Masa Hapon closely following on 3,074, De Kewano 1,997 and Steven Mendopo running fourth on 1,556. Former MP Michael Nali was next on 997 after count 11.
For the regional seat, former provincial administrator William Powi was leading with 3,538 followed by Joe Kobol on 2,536, Sylvester Komba 1,727, Vincent Mirupasi 1,624 and Pangia Titipu on 1,008.
Counting was suspended at 5.30pm and would continue this morning.
All disputed boxes had been
set aside by the Electoral Commission.
Meanwhile, provincial police commander Sibron Papoto said two suspects had been detained and charged with smuggling ballot papers signed for an open candidate and a regional candidate.
He said that two suspects had in their possession 1,200 ballot papers in 12 bundles, each containing 600 ballot papers.
Source:
The National, Monday July 2nd, 2012
By JEFFREY ELAPA
PRIME Minister Peter O’Neill has jumped to a commanding lead in the Ialibu-Pangia electorate, Southern Highlands province, by garnering 8,388 votes as counting continues into the fourth day.
Counting resumed in the electorate late last Friday.
After count 22, O’Neill remained ahead of his rivals by 7,537 votes. Following him was Raphael Noipo with 1,851 votes. On third place is Eke Lama on 1,848 with Philip Rambu following closely on 1,597.
Counting for Ialibu-Pangia had been progressing smoothly and officials expected a declaration this week if the pace was maintained.
Counting for Kagua-Erave had resumed after it was suspended following a scrutineers’ dispute. Sitting MP James Lagea was leading on 3,252 followed by Komeaii Ropa on 1,258, Albert Noria on 1,178 and former MP Daniel Tulapi trailing on 637 after count 12.
Counting for Nipa-Kutubu had stopped at count 29.
After count 11, Steven Andayo was leading on 1,563 followed by Gibson Temo on 1,141, Tony Kila on 1,058, Kossy Sosoro 1,053 and sitting MP Philemon Embel on 849.
Nine boxes for the Imbonggu open electorate were counted yesterday and former MP Buka Tala was leading with 1,417. Sitting MP Francis Awesa was trailing him on 1,299, Joseph Injipa 1,174 and Pias Alopea following on 1,064.
In the Mendi open electorate, Pastor Isaac Joseph was leading with 3,464, Phillipus Masa Hapon closely following on 3,074, De Kewano 1,997 and Steven Mendopo running fourth on 1,556. Former MP Michael Nali was next on 997 after count 11.
For the regional seat, former provincial administrator William Powi was leading with 3,538 followed by Joe Kobol on 2,536, Sylvester Komba 1,727, Vincent Mirupasi 1,624 and Pangia Titipu on 1,008.
Counting was suspended at 5.30pm and would continue this morning.
All disputed boxes had been
set aside by the Electoral Commission.
Meanwhile, provincial police commander Sibron Papoto said two suspects had been detained and charged with smuggling ballot papers signed for an open candidate and a regional candidate.
He said that two suspects had in their possession 1,200 ballot papers in 12 bundles, each containing 600 ballot papers.
Source:
The National, Monday July 2nd, 2012
By JEFFREY ELAPA
PRIME Minister Peter O’Neill has jumped to a commanding lead in the Ialibu-Pangia electorate, Southern Highlands province, by garnering 8,388 votes as counting continues into the fourth day.
Counting resumed in the electorate late last Friday.
After count 22, O’Neill remained ahead of his rivals by 7,537 votes. Following him was Raphael Noipo with 1,851 votes. On third place is Eke Lama on 1,848 with Philip Rambu following closely on 1,597.
Counting for Ialibu-Pangia had been progressing smoothly and officials expected a declaration this week if the pace was maintained.
Counting for Kagua-Erave had resumed after it was suspended following a scrutineers’ dispute. Sitting MP James Lagea was leading on 3,252 followed by Komeaii Ropa on 1,258, Albert Noria on 1,178 and former MP Daniel Tulapi trailing on 637 after count 12.
Counting for Nipa-Kutubu had stopped at count 29.
After count 11, Steven Andayo was leading on 1,563 followed by Gibson Temo on 1,141, Tony Kila on 1,058, Kossy Sosoro 1,053 and sitting MP Philemon Embel on 849.
Nine boxes for the Imbonggu open electorate were counted yesterday and former MP Buka Tala was leading with 1,417. Sitting MP Francis Awesa was trailing him on 1,299, Joseph Injipa 1,174 and Pias Alopea following on 1,064.
In the Mendi open electorate, Pastor Isaac Joseph was leading with 3,464, Phillipus Masa Hapon closely following on 3,074, De Kewano 1,997 and Steven Mendopo running fourth on 1,556. Former MP Michael Nali was next on 997 after count 11.
For the regional seat, former provincial administrator William Powi was leading with 3,538 followed by Joe Kobol on 2,536, Sylvester Komba 1,727, Vincent Mirupasi 1,624 and Pangia Titipu on 1,008.
Counting was suspended at 5.30pm and would continue this morning.
All disputed boxes had been
set aside by the Electoral Commission.
Meanwhile, provincial police commander Sibron Papoto said two suspects had been detained and charged with smuggling ballot papers signed for an open candidate and a regional candidate.
He said that two suspects had in their possession 1,200 ballot papers in 12 bundles, each containing 600 ballot papers.
Source:
The National, Monday July 2nd, 2012
By JEFFREY ELAPA
PRIME Minister Peter O’Neill has jumped to a commanding lead in the Ialibu-Pangia electorate, Southern Highlands province, by garnering 8,388 votes as counting continues into the fourth day.
Counting resumed in the electorate late last Friday.
After count 22, O’Neill remained ahead of his rivals by 7,537 votes. Following him was Raphael Noipo with 1,851 votes. On third place is Eke Lama on 1,848 with Philip Rambu following closely on 1,597.
Counting for Ialibu-Pangia had been progressing smoothly and officials expected a declaration this week if the pace was maintained.
Counting for Kagua-Erave had resumed after it was suspended following a scrutineers’ dispute. Sitting MP James Lagea was leading on 3,252 followed by Komeaii Ropa on 1,258, Albert Noria on 1,178 and former MP Daniel Tulapi trailing on 637 after count 12.
Counting for Nipa-Kutubu had stopped at count 29.
After count 11, Steven Andayo was leading on 1,563 followed by Gibson Temo on 1,141, Tony Kila on 1,058, Kossy Sosoro 1,053 and sitting MP Philemon Embel on 849.
Nine boxes for the Imbonggu open electorate were counted yesterday and former MP Buka Tala was leading with 1,417. Sitting MP Francis Awesa was trailing him on 1,299, Joseph Injipa 1,174 and Pias Alopea following on 1,064.
In the Mendi open electorate, Pastor Isaac Joseph was leading with 3,464, Phillipus Masa Hapon closely following on 3,074, De Kewano 1,997 and Steven Mendopo running fourth on 1,556. Former MP Michael Nali was next on 997 after count 11.
For the regional seat, former provincial administrator William Powi was leading with 3,538 followed by Joe Kobol on 2,536, Sylvester Komba 1,727, Vincent Mirupasi 1,624 and Pangia Titipu on 1,008.
Counting was suspended at 5.30pm and would continue this morning.
All disputed boxes had been
set aside by the Electoral Commission.
Meanwhile, provincial police commander Sibron Papoto said two suspects had been detained and charged with smuggling ballot papers signed for an open candidate and a regional candidate.
He said that two suspects had in their possession 1,200 ballot papers in 12 bundles, each containing 600 ballot papers.
Source:
The National, Monday July 2nd, 2012
By JEFFREY ELAPA
PRIME Minister Peter O’Neill has jumped to a commanding lead in the Ialibu-Pangia electorate, Southern Highlands province, by garnering 8,388 votes as counting continues into the fourth day.
Counting resumed in the electorate late last Friday.
After count 22, O’Neill remained ahead of his rivals by 7,537 votes. Following him was Raphael Noipo with 1,851 votes. On third place is Eke Lama on 1,848 with Philip Rambu following closely on 1,597.
Counting for Ialibu-Pangia had been progressing smoothly and officials expected a declaration this week if the pace was maintained.
Counting for Kagua-Erave had resumed after it was suspended following a scrutineers’ dispute. Sitting MP James Lagea was leading on 3,252 followed by Komeaii Ropa on 1,258, Albert Noria on 1,178 and former MP Daniel Tulapi trailing on 637 after count 12.
Counting for Nipa-Kutubu had stopped at count 29.
After count 11, Steven Andayo was leading on 1,563 followed by Gibson Temo on 1,141, Tony Kila on 1,058, Kossy Sosoro 1,053 and sitting MP Philemon Embel on 849.
Nine boxes for the Imbonggu open electorate were counted yesterday and former MP Buka Tala was leading with 1,417. Sitting MP Francis Awesa was trailing him on 1,299, Joseph Injipa 1,174 and Pias Alopea following on 1,064.
In the Mendi open electorate, Pastor Isaac Joseph was leading with 3,464, Phillipus Masa Hapon closely following on 3,074, De Kewano 1,997 and Steven Mendopo running fourth on 1,556. Former MP Michael Nali was next on 997 after count 11.
For the regional seat, former provincial administrator William Powi was leading with 3,538 followed by Joe Kobol on 2,536, Sylvester Komba 1,727, Vincent Mirupasi 1,624 and Pangia Titipu on 1,008.
Counting was suspended at 5.30pm and would continue this morning.
All disputed boxes had been
set aside by the Electoral Commission.
Meanwhile, provincial police commander Sibron Papoto said two suspects had been detained and charged with smuggling ballot papers signed for an open candidate and a regional candidate.
He said that two suspects had in their possession 1,200 ballot papers in 12 bundles, each containing 600 ballot papers.
semoso has got a lot done for the people there in bougainville. So much so that the warring factions were quick to defend his so called misappropriation of funds by saying that it was spent on their areas.
There is definately a lot bubbling but the undeniable fact is a deal needs to be reached and he and namah and boc director Sir Rabbai Namilu are our best hopes!
http://mekamui.wordpress.com/2012/06/30/...pua-new-guinea-in-25-days/
Commet from Philip (01:24:28) :
I think its a noble thing you did by helping our brothers south of the border to see how the PNG communities and the developers are working together(?)within the resources industry.
I suggest that it would be worthwhile to arrange a similar trip for our LO’s at Panguna so that they become aware of the progress that has been made in post BCL mining agreements and the improved benefits that those LO’s are now enjoying.
Mind you,none of the current Mining companys have built local infrastructure that compares with what BCL put in place in Arawa and Panguna.The benefits on the royalty/compensation front though, are better these days than what the Panguna LO’s were receiving-thanks to the Bougainville crisis.
Being aware and more informed will help the LO’s make better decissions if and when renegotiation of the BCL agreement or an agreement with a new developer takes place.
My thougths.
Philip Pirah
The National, Tuesday July 3rd, 2012
By JEFFREY ELAPA
PRIME Minister Peter O’Neill is well ahead of his rivals, polling 16,583 votes in the Ialibu-Pangia open seat.
The closest to him is Eke Lama on 2,657, Raphael Noipo on 2,936 and Philip Rambu on 1,746 after 38 boxes were counted yesterday.
For the Kagua-Erave open seat, James Lagea is leading with 3,954, followed by Albert Apuka Noria on 2,396 and Komeali Kapo Ropa on 1,498 after count 21.
In Nipa-Kutubu, Steven Andayo is in the lead with 1,754 votes, followed by Kossy Sosoro on 1,671, Tony Kila 1,589 and incumbent MP Philemon Embel 1,365.
The regional seat after count 31 has William Powi leading with 6,451 votes followed by Joseph Kobol on 3,419, Vincent Mirupasi 2,861, and Anthony Temo 2,713.
In the Mendi open seat after count 20, Phillipus Maso Hapon is leading with 4,539 votes followed by Pastor Isaac Joseph on 4,500, De Kewano 4,135 and Michael Nali 2,692.
After count 15, Pila Niningi is
O'Neill baut seine Führung bei den Wahlen immer weiter aus.
Es ist klar das die ersten jetzt kaufen.
Wenn er gewinnt und sonst alles ruhig bleibt,
könnte die Aktie kurzfristig ganz schnell wieder bei 0,90€ stehen.
Abwarten und nachkaufen
Ziel ist doch nicht 0,90 €
Ziel ist doch 2,80€ also jener Kurs bei Schliessung der Mine...
IT is now six years since the establishment of the ABG and no powers have been fully drawn down from the National Government to the ABG. The National Government has also been accused of “ignoring” and dragging the whole issue and both governments are way behind with the Joint Supervisory Body meetings to address them.
ABG vice President Patrick Nisira briefly said the draw-down of powers to Bougainville was an issue that needed immediate attention, especially from the National Government. ABG President John Momis also indirectly, during the high-powered trilateral meeting between the United Nations, the ABG and the National Government, mentioned the lack of National Government interest in fast-tracking the issue of the draw-down of powers to his government.
The ABG leadership was concerned that by now the immediate draw-down of powers for the Education, Health and Agriculture Departments together with the region’s own timing to Bougainville should have been given to them fully.
Mr Nisira said the draw-down on the mining powers was slow because of the 15-steps that had to be abided to by the two governments. Mr Momis acknowledged that the issue of capacity was a problem for the ABG but asked what the National Government was doing to help the ABG to address the issue of its capacity building. Members of the National Government team from Foreign Affairs in the meeting indicated that they could not comment on these issues because they were not the right people to give the response.
Source:
The National, Tuesday July 3rd, 2012
THE Autonomous Bougainville Government expects the new government to ensure that the concerned parties join the Joint Supervisory Body (JSB).
The JSB comprises ABG members led by President John Momis and their Papua New Guinea counterparts led by the newly-elected prime minister.
The ABG is concerned following the Papua New Guinea government’s failure to uphold contractual obligations in drawing powers and functions to the ABG.
Momis said despite perceptible progress in bringing powers and functions to Bougainville, “there are constraints such as the slow transfer”.
“Among the causes are issues relating to capacity, disinterest on the part of the national government and some legal and institutional restraints relating to absorptive capacity in Bougainville,” Momis said.
He said with this level of development, he thought it was important the ABG and the national government consider new approaches to the transfer issues.
Momis suggested both parties refocus their efforts on four key strategies – capacity and internal and external co-operation, economic issues leading to self-reliance, government institutions establishment and security issues.
He said with these goals his administration had been directed to focus on strengthening the division of autonomy through providing additional resources, including legal expertise.
“I intend to meet with the national government after the elections to consider establishing a small implementing unit at Waigani to execute the co-operative arrangements,” Momis said.
He said that would include a corresponding unit within the ABG division of autonomy or the chief administrator’s office to ensure matters relating to autonomy and the transfer of functions and powers were not entangled.
Momis said since the process of autonomy was new to both governments “each should be mindful and respect all Bougainville peace agreement commitments”.
“Autonomy is not just a phrase in daily use but to which its core objective is the transfer of real powers and functions from the Papua New Guinea government to the Autonomous Region of Bougainville.”