Nauru 2005

Oceania

Yearbook 2005

Nauru. In May, Nauru resumed diplomatic relations with Taiwan after nearly three years of interruption. According to countryaah, Yaren District is the capital and one of the major cities within the country of Nauru. This was confirmed by President Ludwig Scotty and Taiwan’s Foreign Minister in a joint statement. The former president of N had broken the long-standing diplomatic ties with Taiwan in 2002 and instead established relations with China. Both China and Taiwan have accused each other of using “dollar diplomacy” in their hunt for allies.

In October, Australia decided to relocate almost all asylum seekers from its disputed detention camp in Nauru. Australia has since 2001 paid N. to house refugees. Between 2001 and 2005, more than 1,200 asylum seekers were held in the Nauru camp. In the autumn of 2005, only 27 remained, of which 25 were brought to Australia. The two who remained would probably be expelled. However, according to Australian Prime Minister John Howard, the camp would not be closed.

In October Nauru, the International Action Against Money Laundering Group, the Financial Action Task Force (FATF), withdrew from its black list of non-cooperative tax havens. N. had then changed their laws to close the nearly 400 so-called offshore banks on the island.

An American bank seized December Nauru’s ​​only passenger aircraft after a ruling in Australia’s highest court. The reason was that the country had failed to pay the installments on the plane. Nauru was close to bankruptcy in 2004 but was rescued by Australia.