Ceuta border fence Ceuta border fence The Ceuta border fence forms part of the Morocco–Spain border at Ceuta, a city on the North African coast. Constructed by Spain, its purpose is to prevent smuggling and to stop migrants from entering Europe. Morocco objected to the construction of the barrier since it does not recognize Spanish sovereignty in Ceuta. Ceuta is an integral part of Spain, and therefore of the European Union; its border and its equivalent in Melilla are the only two land borders between the European Union and an African country. The fence consists of parallel 6 metre (20-foot) fences topped with
N-Shares have originated as reverse mergers. Most N-Shares are the American exchange equivalent of P-Chips. However, the term N-Shares may only refer to private sector Chinese companies incorporated outside China, which excludes ADRs of H Shares or Red chips. As of December 2010, the SEC is investigating frauds by publicly traded Chinese companies. N-Shares N-Shares () refers to Chinese companies listed on the NYSE, NASDAQ, or the NYSE MKT. The term stands for New York. They may or may not be incorporated in China, but they have their main business operations in mainland China. Most of them are incorporated in Bermuda,