AGP Executive Report
Last update: an hour agoDeep-Sea Mining Backlash: Cook Islands deep-sea mining licence holders face scrutiny after reports of a US merger push that could consolidate control over exploration areas in the Marae Moana, raising monopoly and transparency concerns. US Auction Without Consent: Pacific leaders say the US deep-sea mining auction plan was announced with “no consultations,” with fears over food security and disruption to ocean resources. Connectivity Disruption: The Manatua submarine cable fault has degraded internet services for Niue and the Cook Islands; repairs depend on securing a specialist cable vessel, with contingency measures in place but reduced capacity possible. Payments Upgrade: The Bank of the Cook Islands launched new digital payment options—TakuEcom now and TakuPOS mid-August—aimed at helping small businesses and Pa Enua vendors accept card and online payments without costly hardware. Regional Fisheries Cashflow: The Pacific Islands Forum Fisheries Agency distributed a second 2026 US Tuna Treaty payout of US$50.42m to Pacific Island parties, supporting fisheries management. Governance Appointments: CIIC reappointed Fletcher Melvin as board chair and named Olivia Heather-Halston deputy chair, signalling continuity for investment oversight. Fraud Alert: CIFIU is probing growing “Advanced Fee Fraud” scams targeting Cook Islanders, working with banking and police partners. Business & Travel: A new Air Tahiti Nui/Air Tahiti codeshare makes it easier to book one itinerary to reach the Cook Islands via Tahiti.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.