TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Nations yet to agree on office, financial mechanism

  • Adianto P. Simamora

    The Jakarta Post

Jakarta   /   Fri, May 15 2009   /  01:08 pm

Heads of state from six coral countries are set to adopt the Coral Triangle Initiative (CTI) declaration at a summit on Friday, despite unresolved issues over a permanent secretariat and financial mechanism. The ministerial meeting of CTI countries dropped the discussion on where to set up a permanent secretariat, which would draw funds from donor countries, with each member eager to host the office. "We considered setting up a mobile CTI Secretariat, after the meeting dropped the topic," said Indonesian Maritime Affairs and Fisheries Minister Freddy Numberi. The ministers also delayed discussions on a financial mechanism and financial resources issues for implementation of the CTI. Freddy said the sharing of financial assistance could be based on projects proposed by each CTI member to protect coral reefs. "But we'll have another meeti...