FROM: U.S. SECURITIES AND EXCHANGE COMMISSION
The Securities and Exchange Commission today announced charges against three auditors for violating federal securities laws or failing to comply with U.S. auditing standards during their audits and reviews of financial statements for publicly traded companies.
The actions are part of the agency’s ongoing effort to hold gatekeepers accountable for the important roles they play in the securities industry. Internally designated “Operation Broken Gate,” the Enforcement Division’s efforts seek to identify auditors who fail to carry out their duties and responsibilities consistent with professional standards. Gatekeepers that fail to comply with professional standards put investors at risk due to the possibility of undetected fraud or other financial misstatements.
The auditors charged in these latest SEC enforcement actions are certified public accountants Malcolm L. Pollard, who practices in Erie, Pa., and Wilfred W. Hanson and John Kinross-Kennedy, who live in the Irvine, Calif., area. Pollard and Hanson agreed to settle the respective actions against them and will be prohibited from practicing as an accountant on behalf of any publicly traded company or other entity regulated by the SEC. Kinross-Kennedy is litigating his action in a proceeding before an administrative law judge at the agency.
According to the SEC’s order instituting a settled administrative proceeding against Pollard and his firm also located in Erie, they engaged in improper professional conduct while auditing three companies that are empty shells or in the developmental stages. The companies’ public stock is quoted on the Over-the-Counter Bulletin Board. Pollard and his firm’s audits of the issuers were seriously deficient. They failed to include evidence of procedures performed or conclusions reached, and they failed to retain required documentation, perform the required engagement quality reviews, and consider fraud risks and obtain written management representations. Despite these audit failures, Pollard and his firm represented in each of their audit reports that they had conducted the audits in accordance with the standards of the Public Company Accounting Oversight Board (PCAOB).
“These orders reinforce the importance of the audit process and the critical function the auditor plays,” said Antonia Chion, an Associate Director in the SEC’s Division of Enforcement. “Pollard and his firm repeatedly engaged in unreasonable conduct that resulted in violations of applicable professional standards. Their misconduct demonstrates a lack of competence to audit the financial statements of companies registered with the Commission.”
According to the SEC’s order instituting a litigated administrative proceeding against Kinross-Kennedy, he has been the independent accountant for as many as 23 public companies since 2009. The SEC’s Enforcement Division and Office of Chief Accountant allege that there were significant deficiencies in six of Kinross-Kennedy’s audit engagements, and that he failed to obtain engagement quality reviews (EQRs) for more than 30 other audit engagements. Kinross-Kennedy falsely represented that he conducted his audits in accordance with PCAOB standards.
According to the SEC’s order instituting a settled administrative proceeding against Hanson, he conducted EQRs for five of Kinross-Kennedy’s audits, but was not competent to serve as the engagement quality reviewer and failed to exercise due professional care. Accordingly, he failed to conduct multiple EQRs in accordance with PCAOB standards.
“Engagement quality reviews are intended to be a meaningful check on the audit engagement team’s work, and when conducted properly they improve the reliability of a public company’s financial statements,” said David Peavler, Associate Regional Director for Enforcement in the SEC’s Fort Worth Regional Office. “Kinross-Kennedy failed to exercise due professional care on fundamental aspects of the audits by, for example, using outdated audit templates and failing to adapt to changes in auditing standards. He also retained Hanson to conduct engagement quality reviews when Hanson did not have the recent experience necessary to serve as a competent engagement partner.”
By issuing inaccurate audit reports, the SEC’s order finds that Pollard and his firm violated Securities Exchange Act of 1934 Rule 2-02 of Regulation S-X. The SEC’s order also finds that Pollard and his firm violated Exchange Act Section 10A(a)(1) and (b)(1) by failing to have procedures in place to detect, investigate, and report illegal acts. In agreeing to settle the charges without admitting or denying the SEC’s findings, Pollard and his firm consent to the entry of an order to cease and desist from committing or causing any violations of Exchange Act Section 10A(a)(1) and (b)(1) and Rule 2-02 of Regulation S-X. Pollard and his firm also consent to an order suspending their right to appear and or practice before the Commission as an accountant.
The SEC’s order against Kinross-Kennedy alleges violations of Sections 10A(j) and 10A(k) of the Exchange Act and Rules 2-02and 2-07 of Regulation S-X, and improper professional conduct under Rule 102(e)(1)(ii) and (iii) of the Commission’s Rules of Practice and Section 4(C) of the Exchange Act.
The SEC order finds that Hanson engaged in improper professional conduct under Rule 102(e)(1)(ii) and Rule 102(e)(1)(iv)(B)(2) of the Commission’s Rules of Practice and Section 4(C) of the Exchange Act. Without admitting or denying the SEC’s findings, Hanson consents to an order suspending him from practicing before the Commission as an accountant.
The SEC’s investigation of Pollard was conducted by Peter Rosario and Scott Lowry, and supervised by Deborah Tarasevich. The SEC’s investigation of Kinross-Kennedy and Hanson was conducted by Ronda Blair and David King, and supervised by Barbara Gunn.
Monday, October 7, 2013
WOMAN CHARGED IN PONZI SCHEME THAT TARGETED MEMBERS OF COLOMBIAN-AMERICAN
FROM: U.S. SECURITIES AND EXCHANGE COMMISSION
The Securities and Exchange Commission today charged a woman living in South Florida with defrauding investors in a Ponzi scheme and affinity fraud that targeted the local Colombian-American community and involved purported investments in immigration bail bonds.
The SEC alleges that Jenny E. Coplan told investors that her company Immigration General Services operated through an investment broker that would invest the funds she raised in immigration bail bonds and turn a profit. Coplan promised interest payments ranging from 60 to 108 percent annually. She also assured investors that their money was safe because it was insured by the Federal Deposit Insurance Corporation (FDIC). However, Coplan never placed investor funds with any investment broker, and their money was never FDIC insured. Instead, she paid supposed profits to earlier investors using funds from newer investors in classic Ponzi fashion, and she stole approximately $878,000 of investor money for her own personal use.
“Coplan deliberately misled investors into believing their investments were safe and secure when in reality she was lining her own pockets,” said Eric I. Bustillo, Director of the SEC’s Miami Regional Office. “Her predatory scheme exploited the trust and friendship of members of her own community by using empty promises to convince them to trust her with their hard-earned savings.”
In a parallel action, the U.S. Attorney’s Office for the Southern District of Florida today announced criminal charges against Coplan.
According to the SEC’s complaint filed in federal court in Miami, Coplan solicited investors through personal conversations over the phone and in person, and many of her targets were Colombian-Americans and Colombians living in Florida. She raised approximately $4 million from more than 90 investors in Florida, California, Georgia, Texas, Canada, and Colombia.
The SEC alleges that Coplan created fictitious investor statements that she disseminated to hide her misuse of the money and lead investors to believe their investments were growing. Furthermore, Coplan e-mailed one investor two purported FDIC statements reflecting insured balances of $107,000 and $250,000, lulling the investor to think the investment was particularly safe. When her scheme began to unravel in 2011, Coplan blamed the purported investment broker for the delay in interest payments to investors, telling them the broker held the investors’ funds to cover deficiencies because Coplan had failed to meet certain monthly investment quotas. Even though Immigration General Services had virtually no funds in its bank accounts and was unable to honor investors’ increasing redemption requests, Coplan tried in late 2011 to create a false appearance that the company was back to business as usual. She issued non-sufficient fund checks to investors purporting to be their monthly profits. Through her continued misstatements, Coplan was able to raise another $578,000 from new investors before the scheme collapsed entirely.
The SEC’s complaint against Coplan, who lives in Tamarac, Fla., seeks disgorgement of ill-gotten gains, financial penalties, and permanent injunctions.
The SEC’s investigation was conducted by Jorge L. Riera and Karaz S. Zaki in the Miami office and supervised by Elisha L. Frank. The SEC’s litigation will be led by Amie Riggle Berlin. The SEC appreciates the assistance of the U.S. Attorney’s Office for the Southern District of Florida and the Federal Bureau of Investigation.
The Securities and Exchange Commission today charged a woman living in South Florida with defrauding investors in a Ponzi scheme and affinity fraud that targeted the local Colombian-American community and involved purported investments in immigration bail bonds.
The SEC alleges that Jenny E. Coplan told investors that her company Immigration General Services operated through an investment broker that would invest the funds she raised in immigration bail bonds and turn a profit. Coplan promised interest payments ranging from 60 to 108 percent annually. She also assured investors that their money was safe because it was insured by the Federal Deposit Insurance Corporation (FDIC). However, Coplan never placed investor funds with any investment broker, and their money was never FDIC insured. Instead, she paid supposed profits to earlier investors using funds from newer investors in classic Ponzi fashion, and she stole approximately $878,000 of investor money for her own personal use.
“Coplan deliberately misled investors into believing their investments were safe and secure when in reality she was lining her own pockets,” said Eric I. Bustillo, Director of the SEC’s Miami Regional Office. “Her predatory scheme exploited the trust and friendship of members of her own community by using empty promises to convince them to trust her with their hard-earned savings.”
In a parallel action, the U.S. Attorney’s Office for the Southern District of Florida today announced criminal charges against Coplan.
According to the SEC’s complaint filed in federal court in Miami, Coplan solicited investors through personal conversations over the phone and in person, and many of her targets were Colombian-Americans and Colombians living in Florida. She raised approximately $4 million from more than 90 investors in Florida, California, Georgia, Texas, Canada, and Colombia.
The SEC alleges that Coplan created fictitious investor statements that she disseminated to hide her misuse of the money and lead investors to believe their investments were growing. Furthermore, Coplan e-mailed one investor two purported FDIC statements reflecting insured balances of $107,000 and $250,000, lulling the investor to think the investment was particularly safe. When her scheme began to unravel in 2011, Coplan blamed the purported investment broker for the delay in interest payments to investors, telling them the broker held the investors’ funds to cover deficiencies because Coplan had failed to meet certain monthly investment quotas. Even though Immigration General Services had virtually no funds in its bank accounts and was unable to honor investors’ increasing redemption requests, Coplan tried in late 2011 to create a false appearance that the company was back to business as usual. She issued non-sufficient fund checks to investors purporting to be their monthly profits. Through her continued misstatements, Coplan was able to raise another $578,000 from new investors before the scheme collapsed entirely.
The SEC’s complaint against Coplan, who lives in Tamarac, Fla., seeks disgorgement of ill-gotten gains, financial penalties, and permanent injunctions.
The SEC’s investigation was conducted by Jorge L. Riera and Karaz S. Zaki in the Miami office and supervised by Elisha L. Frank. The SEC’s litigation will be led by Amie Riggle Berlin. The SEC appreciates the assistance of the U.S. Attorney’s Office for the Southern District of Florida and the Federal Bureau of Investigation.
COMEX FLOOR BROKER CHARGED BY CFTC WITH FAILING TO PRODUCE REGISTERED DOCUMENTS
FROM: COMMODITY FUTURES TRADING COMMISSIONS
CFTC Charges Registered COMEX Floor Broker Dominick Anthony Cognata with Failing to Produce Required Documents in Response to a CFTC Subpoena and Seeks to Revoke His Registration
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today filed two separate administrative proceedings against Dominick Anthony Cognata, a registered COMEX floor broker. In one proceeding, a Complaint charges Cognata with failing to produce, or otherwise make available, to the CFTC certain records relating to his brokerage activities, in violation of Section 4g of the Commodity Exchange Act (CEA) and CFTC Regulations 1.31(a) and 1.35(a). In the other proceeding, a Notice of Intent to Revoke (Notice) seeks to revoke Cognata’s registration as a floor broker, under Sections 8a(3)(M) and 8a(4) of the CEA.
As alleged in the CFTC Complaint, on or about August 14, 2012, the CFTC’s Division of Enforcement, as part of an ongoing investigation, issued a lawfully-authorized subpoena to Cognata for the production of documents, including trading cards, order tickets, and other documents relating to his trading of gold or silver futures or options on futures, which were required to be made, kept and produced by floor brokers pursuant to the CEA and CFTC Regulations. To date, Cognata has failed to produce any documents in response to the subpoena, according to the Complaint. As a result of Cognata’s violations, the CFTC is seeking a civil monetary penalty and an Order that Cognata cease and desist from violating the provisions of the CEA and CFTC Regulations, as charged.
In the Notice, the CFTC is seeking the revocation of Cognata’s registration as a floor broker for “good cause.” It is alleged that the facts constituting “good cause” include, in addition to Cognata’s failure to produce records to the CFTC, the settlements and findings in two exchange disciplinary actions against Cognata since 2011. In one exchange disciplinary action, the Notice alleges, pursuant to an offer of settlement, a panel of the COMEX Business Conduct Committee (the Panel) found that on various dates from October through December 2008, Cognata engaged in noncompetitive, prearranged trades of silver and gold options. In the other exchange disciplinary action, the Notice alleges, pursuant to an offer of settlement, the Panel found that on three occasions in June and July 2011, Cognata prearranged trades in silver options for the purpose of receiving money passes from other COMEX members. In both disciplinary actions, Cognata neither admitted nor denied any rule violations in his offers of settlement.
CFTC Division of Enforcement staff members responsible for this matter include K. Brent Tomer, R. Stephen Painter, Jr., Patrick Daly, Trevor Kokal, Sheila Marhamati, Elizabeth Brennan, Steven I. Ringer, Lenel Hickson, Stephen J. Obie, Manal Sultan, and Vincent A. McGonagle.
CFTC Charges Registered COMEX Floor Broker Dominick Anthony Cognata with Failing to Produce Required Documents in Response to a CFTC Subpoena and Seeks to Revoke His Registration
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today filed two separate administrative proceedings against Dominick Anthony Cognata, a registered COMEX floor broker. In one proceeding, a Complaint charges Cognata with failing to produce, or otherwise make available, to the CFTC certain records relating to his brokerage activities, in violation of Section 4g of the Commodity Exchange Act (CEA) and CFTC Regulations 1.31(a) and 1.35(a). In the other proceeding, a Notice of Intent to Revoke (Notice) seeks to revoke Cognata’s registration as a floor broker, under Sections 8a(3)(M) and 8a(4) of the CEA.
As alleged in the CFTC Complaint, on or about August 14, 2012, the CFTC’s Division of Enforcement, as part of an ongoing investigation, issued a lawfully-authorized subpoena to Cognata for the production of documents, including trading cards, order tickets, and other documents relating to his trading of gold or silver futures or options on futures, which were required to be made, kept and produced by floor brokers pursuant to the CEA and CFTC Regulations. To date, Cognata has failed to produce any documents in response to the subpoena, according to the Complaint. As a result of Cognata’s violations, the CFTC is seeking a civil monetary penalty and an Order that Cognata cease and desist from violating the provisions of the CEA and CFTC Regulations, as charged.
In the Notice, the CFTC is seeking the revocation of Cognata’s registration as a floor broker for “good cause.” It is alleged that the facts constituting “good cause” include, in addition to Cognata’s failure to produce records to the CFTC, the settlements and findings in two exchange disciplinary actions against Cognata since 2011. In one exchange disciplinary action, the Notice alleges, pursuant to an offer of settlement, a panel of the COMEX Business Conduct Committee (the Panel) found that on various dates from October through December 2008, Cognata engaged in noncompetitive, prearranged trades of silver and gold options. In the other exchange disciplinary action, the Notice alleges, pursuant to an offer of settlement, the Panel found that on three occasions in June and July 2011, Cognata prearranged trades in silver options for the purpose of receiving money passes from other COMEX members. In both disciplinary actions, Cognata neither admitted nor denied any rule violations in his offers of settlement.
CFTC Division of Enforcement staff members responsible for this matter include K. Brent Tomer, R. Stephen Painter, Jr., Patrick Daly, Trevor Kokal, Sheila Marhamati, Elizabeth Brennan, Steven I. Ringer, Lenel Hickson, Stephen J. Obie, Manal Sultan, and Vincent A. McGonagle.
Sunday, October 6, 2013
PENTAGON STATEMENT ON CAPTURE OF ABU ANAS AL LIBI
FROM: U.S. DEPARTMENT OF DEFENSE
Statement by Pentagon Press Secretary George Little on the Capture of Abu
On Oct.5, the Department of Defense, acting under military authorities, conducted an operation to apprehend longtime Al Qaeda member Abu Anas al Libi in Libya. He is currently lawfully detained under the law of war in a secure location outside of Libya.
Wherever possible, our first priority is and always has been to apprehend terrorist suspects, and to preserve the opportunity to elicit valuable intelligence that can help us protect the American people.
Abu Anas al Libi has been indicted in the Southern District of New York in connection with his alleged role in Al Qaeda's conspiracy to kill U.S.nationals and to conduct attacks against U.S. interests worldwide, which included Al Qaeda plots to attack U.S. forces stationed in Saudi Arabia,Yemen, and Somalia, as well as the U.S. embassies in Dar es Salaam, Tanzania, and Nairobi, Kenya.
The successful capture operation was made possible by superb work and coordination across our national security agencies and the intelligence community, and was approved by President Obama. No American personnel or civilians on the ground were injured during the operation. These actions are a clear sign that the United States is committed to using all the tools at our disposal to bring to justice those who commit terrorist acts against Americans.
Statement by Pentagon Press Secretary George Little on the Capture of Abu
On Oct.5, the Department of Defense, acting under military authorities, conducted an operation to apprehend longtime Al Qaeda member Abu Anas al Libi in Libya. He is currently lawfully detained under the law of war in a secure location outside of Libya.
Wherever possible, our first priority is and always has been to apprehend terrorist suspects, and to preserve the opportunity to elicit valuable intelligence that can help us protect the American people.
Abu Anas al Libi has been indicted in the Southern District of New York in connection with his alleged role in Al Qaeda's conspiracy to kill U.S.nationals and to conduct attacks against U.S. interests worldwide, which included Al Qaeda plots to attack U.S. forces stationed in Saudi Arabia,Yemen, and Somalia, as well as the U.S. embassies in Dar es Salaam, Tanzania, and Nairobi, Kenya.
The successful capture operation was made possible by superb work and coordination across our national security agencies and the intelligence community, and was approved by President Obama. No American personnel or civilians on the ground were injured during the operation. These actions are a clear sign that the United States is committed to using all the tools at our disposal to bring to justice those who commit terrorist acts against Americans.
FTC RETURNS MONEY TO VICTIMS OF PHONE BILL CRAMMING SCAM
FROM: FEDERAL TRADE COMMISSION
FTC Returns More Than $5.4 Million to Victims of Massive Cramming Scam
The Federal Trade Commission is mailing 139,357 checks totaling more than $5.4 million to consumers and businesses who were victimized by a massive fraudulent operation that placed unwanted charges on their telephone bills.
In 2010, the FTC stopped the scam, which was led by an internet services company known as Inc21. The company enlisted a number of third-party billing aggregators to place charges on phone bills. In most cases, the victims were either never contacted by the company, were deceived about why they had been contacted, or in fact declined the services for which they were eventually billed. The FTC’s Criminal Liaison Unit cooperated with criminal law enforcement partners at the Department of Justice, the Internal Revenue Service, and United States Postal Inspection Service, leading to the prosecution and conviction of Inc21’s owners.
Consumers who receive the checks from the FTC’s refund administrator should deposit or cash them within 60 days of the mailing date. The FTC never requires consumers to pay money or to provide information before refund checks can be cashed. The average amount of the refunds will be approximately $39, however amounts will vary based on how much money was lost.
The checks will be mailed by Epiq Systems, Inc., who is the redress administrator for this matter. Consumers with questions about the redress, can contact Epiq Systems directly at 1-866-328-1992. More information about the FTC’s refunds program is available on the FTC’s website.
The Federal Trade Commission works for consumers to prevent fraudulent, deceptive, and unfair business practices and to provide information to help spot, stop, and avoid them. To file a complaint in English or Spanish, visit the FTC’s online Complaint Assistant or call 1-877-FTC-HELP (1-877-382-4357). The FTC enters complaints into Consumer Sentinel, a secure, online database available to more than 2,000 civil and criminal law enforcement agencies in the U.S. and abroad. The FTC’s website provides free information on a variety of consumer topics. Like the FTC on Facebook, follow us on Twitter, and subscribe to press releases for the latest FTC news and resources.
FTC Returns More Than $5.4 Million to Victims of Massive Cramming Scam
The Federal Trade Commission is mailing 139,357 checks totaling more than $5.4 million to consumers and businesses who were victimized by a massive fraudulent operation that placed unwanted charges on their telephone bills.
In 2010, the FTC stopped the scam, which was led by an internet services company known as Inc21. The company enlisted a number of third-party billing aggregators to place charges on phone bills. In most cases, the victims were either never contacted by the company, were deceived about why they had been contacted, or in fact declined the services for which they were eventually billed. The FTC’s Criminal Liaison Unit cooperated with criminal law enforcement partners at the Department of Justice, the Internal Revenue Service, and United States Postal Inspection Service, leading to the prosecution and conviction of Inc21’s owners.
Consumers who receive the checks from the FTC’s refund administrator should deposit or cash them within 60 days of the mailing date. The FTC never requires consumers to pay money or to provide information before refund checks can be cashed. The average amount of the refunds will be approximately $39, however amounts will vary based on how much money was lost.
The checks will be mailed by Epiq Systems, Inc., who is the redress administrator for this matter. Consumers with questions about the redress, can contact Epiq Systems directly at 1-866-328-1992. More information about the FTC’s refunds program is available on the FTC’s website.
The Federal Trade Commission works for consumers to prevent fraudulent, deceptive, and unfair business practices and to provide information to help spot, stop, and avoid them. To file a complaint in English or Spanish, visit the FTC’s online Complaint Assistant or call 1-877-FTC-HELP (1-877-382-4357). The FTC enters complaints into Consumer Sentinel, a secure, online database available to more than 2,000 civil and criminal law enforcement agencies in the U.S. and abroad. The FTC’s website provides free information on a variety of consumer topics. Like the FTC on Facebook, follow us on Twitter, and subscribe to press releases for the latest FTC news and resources.
FDA GRANTS ACCELERATED APPROVAL TO PERJETA FOR BREAST CANCER
FROM: U.S. FOOD AND DRUG ADMINISTRATION
The U.S. Food and Drug Administration today granted accelerated approval to Perjeta (pertuzumab) as part of a complete treatment regimen for patients with early stage breast cancer before surgery (neoadjuvant setting). Perjeta is the first FDA-approved drug for the neoadjuvant treatment of breast cancer.
Perjeta was approved in 2012 for the treatment of patients with advanced or late-stage (metastatic) HER2-positive breast cancer. HER2-positive breast cancers have increased amounts of the HER2 protein that contributes to cancer cell growth and survival.
Perjeta’s new use is intended for patients with HER2-positive, locally advanced, inflammatory or early stage breast cancer (tumor greater than 2 cm in diameter or with positive lymph nodes) who are at high risk of having their cancer return or spread (metastasize) or of dying from the disease. It is to be used in combination with trastuzumab and other chemotherapy prior to surgery and, depending upon the treatment regimen used, may be followed by chemotherapy after surgery. Following surgery, patients should continue to receive trastuzumab to complete one year of treatment.
The U.S. Food and Drug Administration today granted accelerated approval to Perjeta (pertuzumab) as part of a complete treatment regimen for patients with early stage breast cancer before surgery (neoadjuvant setting). Perjeta is the first FDA-approved drug for the neoadjuvant treatment of breast cancer.
Perjeta was approved in 2012 for the treatment of patients with advanced or late-stage (metastatic) HER2-positive breast cancer. HER2-positive breast cancers have increased amounts of the HER2 protein that contributes to cancer cell growth and survival.
Perjeta’s new use is intended for patients with HER2-positive, locally advanced, inflammatory or early stage breast cancer (tumor greater than 2 cm in diameter or with positive lymph nodes) who are at high risk of having their cancer return or spread (metastasize) or of dying from the disease. It is to be used in combination with trastuzumab and other chemotherapy prior to surgery and, depending upon the treatment regimen used, may be followed by chemotherapy after surgery. Following surgery, patients should continue to receive trastuzumab to complete one year of treatment.
U.S.-VIETNAM JOINT STATEMENT ON SECURITY AND DEFENSE DIALOGUE
FROM: U.S.STATE DEPARTMENT
Joint Statement on the Sixth U.S.-Vietnam Political, Security, and Defense Dialogue
Media Note
Office of the Spokesperson
Washington, DC
October 1, 2013
The text of the following statement was released by the Governments of the United States of America and Vietnam on the occasion of the Sixth U.S.-Vietnam Political, Security, and Defense Dialogue.
Begin Text:
Acting Assistant Secretary of State for Political-Military Affairs Tom Kelly welcomed Vice Foreign Minister Ha Kim Ngoc to the Department of State in Washington, DC, on October 1, 2013 for the sixth annual U.S.-Vietnam Political, Security, and Defense Dialogue to discuss a broad range of bilateral and regional security issues of mutual concern. This meeting follows the announcement by President Obama and President Sang this past July for establishing a new Comprehensive Partnership between the two nations, and reflects increasing cooperation between the United States and Vietnam.
During this Dialogue, Acting Assistant Secretary Kelly and Vice Foreign Minister Ngoc noted with satisfaction the progress that has been made in recent years in many areas of the bilateral relationship, helping to elevate the framework of friendly and mutually beneficial cooperation between the two countries. Regarding the multilateral arena, the two sides exchanged ideas on promotion of U.S.-ASEAN cooperation and issues concerning the ASEAN Regional Forum and the East Asia Summit. Both sides noted with satisfaction the progress in negotiating a Civil Nuclear Agreement, and pledged to make progress on further nonproliferation measures.
The participants in the meeting today discussed ways to further strengthen cooperation in multiple areas, including counterterrorism, counternarcotics, human trafficking, cyber, and law enforcement issues. The two delegations discussed further defense and security cooperation under the framework of the 2011 Memorandum of Understanding on Advancing Bilateral Defense Cooperation. Both parties agreed to continue to expand cooperation in maritime law enforcement, particularly on developing capabilities to address disaster response and search and rescue. The two sides pledged to continue cooperation in resolving war legacy issues such as POW/MIA accounting, dioxin and Agent Orange, and unexploded ordnance.
During this Dialogue, the United States and Vietnam reaffirmed their commitment to strengthening the bilateral relationship based on friendship, mutual respect, and shared commitments to ensure a peaceful, stable, prosperous, and secure Asia-Pacific region. The two sides affirmed that cooperation with respect to international and regional security challenges is a natural evolution of mutual and maturing political, economic, cultural, and people-to-people ties, and helps to cement the economic prosperity of both countries.
Taking place in a spirit of growing trust and deepening friendship, the Dialogue helped to chart the course for the new Comprehensive Partnership between our two countries. The seventh Dialogue will take place in Hanoi in 2014.
Joint Statement on the Sixth U.S.-Vietnam Political, Security, and Defense Dialogue
Media Note
Office of the Spokesperson
Washington, DC
October 1, 2013
The text of the following statement was released by the Governments of the United States of America and Vietnam on the occasion of the Sixth U.S.-Vietnam Political, Security, and Defense Dialogue.
Begin Text:
Acting Assistant Secretary of State for Political-Military Affairs Tom Kelly welcomed Vice Foreign Minister Ha Kim Ngoc to the Department of State in Washington, DC, on October 1, 2013 for the sixth annual U.S.-Vietnam Political, Security, and Defense Dialogue to discuss a broad range of bilateral and regional security issues of mutual concern. This meeting follows the announcement by President Obama and President Sang this past July for establishing a new Comprehensive Partnership between the two nations, and reflects increasing cooperation between the United States and Vietnam.
During this Dialogue, Acting Assistant Secretary Kelly and Vice Foreign Minister Ngoc noted with satisfaction the progress that has been made in recent years in many areas of the bilateral relationship, helping to elevate the framework of friendly and mutually beneficial cooperation between the two countries. Regarding the multilateral arena, the two sides exchanged ideas on promotion of U.S.-ASEAN cooperation and issues concerning the ASEAN Regional Forum and the East Asia Summit. Both sides noted with satisfaction the progress in negotiating a Civil Nuclear Agreement, and pledged to make progress on further nonproliferation measures.
The participants in the meeting today discussed ways to further strengthen cooperation in multiple areas, including counterterrorism, counternarcotics, human trafficking, cyber, and law enforcement issues. The two delegations discussed further defense and security cooperation under the framework of the 2011 Memorandum of Understanding on Advancing Bilateral Defense Cooperation. Both parties agreed to continue to expand cooperation in maritime law enforcement, particularly on developing capabilities to address disaster response and search and rescue. The two sides pledged to continue cooperation in resolving war legacy issues such as POW/MIA accounting, dioxin and Agent Orange, and unexploded ordnance.
During this Dialogue, the United States and Vietnam reaffirmed their commitment to strengthening the bilateral relationship based on friendship, mutual respect, and shared commitments to ensure a peaceful, stable, prosperous, and secure Asia-Pacific region. The two sides affirmed that cooperation with respect to international and regional security challenges is a natural evolution of mutual and maturing political, economic, cultural, and people-to-people ties, and helps to cement the economic prosperity of both countries.
Taking place in a spirit of growing trust and deepening friendship, the Dialogue helped to chart the course for the new Comprehensive Partnership between our two countries. The seventh Dialogue will take place in Hanoi in 2014.
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