Connect with us
Thursday,13-August-2020

International News

Japan extends strong support to India on Ladakh

Published

on

In a strong show of support for India, Japan on Friday hit out at China, saying that it opposes any unilateral attempts to change the status quo along the Line of Actual Control (LAC) in Ladakh where the Chinese aggression led to the killing of 20 Indian soldiers last month.

Tokyo’s envoy in New Delhi, Satoshi Suzuki on Friday revealed that he had a conversation with Foreign Secretary Harsh Shringla about the government’s efforts at peaceful resolution of the Indo-China face-off in Ladakh.

Suzuki later tweeted: “Had a good talk with FS Shringla. Appreciated his briefing on the situation along LAC, including GOI’s policy to pursue peaceful resolution. Japan also hopes for peaceful resolution through dialogues. Japan opposes any unilateral attempts to change the status quo.”

The statement came weeks after Japan revised a certain legislation which allows it to share defence intelligence with India, Australia and the UK. Until now, the legislation covered only its closest ally, the US.

The move will facilitate joint exercises, tie-ups for developing equipment and sharing data on Chinese troop movements — strategically significant issue — for Tokyo as its finding harder to keep a track of Beijing’s activities in East China Sea.

Chinese Coast Guard vessels, as per media reports from Tokyo, have been sailing through waters in the East China Sea around the Japan-administered Senkaku Islands for the last 80 days continuously. China disputes Japan’s sovereignty over Senkaku islands.

International News

Russia 1st to register Covid vax: Vladimir Putin

Published

on

Russian President Vladimir Putin on Tuesday said the country has registered the world’s first Covid-19 vaccine.

According to a report by the Tass news agency, Putin said that the vaccine was registered on Tuesday morning.

“As far as I know, this morning for the first time in the world a vaccine against the novel Coronavirus infection was registered,” Putin was quoted as saying as he opened a meeting with the state officials.

Health Minister Mikhail Murashko earlier said that clinical trials of the vaccine developed by the Gamaleya National Research Center for Epidemiology and Microbiology of the Russian Healthcare Ministry were over.

On August 3, a “final medical examination” of participants in clinical trials of the vaccine took place at the Burdenko Main Military Clinical Hospital, the Russian Defence Ministry earlier said in a statement.

The results clearly showed that all volunteers had a clear immune response resulting from vaccination, the ministry said, adding that there were no side effects or abnormalities in the work of the volunteers.

“Thus, the available data of laboratory and instrumental studies allow us to speak about the safety and good tolerance of the vaccine,” the statement added.

Russia, which is facing international scepticism due to its approach to developing the vaccine, is planning mass vaccination against Covid-19 in October, earlier media reports said.

Continue Reading

International News

Bangladesh PM adviser, policymakers woo Chinese entrepreneurs

Published

on

Salman F Rahman, advisor to Bangladesh Prime Minister Sheikh Hasina, and policymakers have asked Chinese entrepreneurs to invest in the country and export products back to Beijing using the duty-free access facility.

The issues came up for discussion on Monday at a virtual opening ceremony of the Mandarin version of a report titled “Destination Bangladesh” prepared by PricewaterhouseCoopers (PwC) Bangladesh.

Rahman was the chief guest and State Minister for Foreign Affairs Shahriar Alam was the special guest.

Last July, Hasina had invited Chinese entrepreneurs to explore the full potential of business and trade relations with Bangladesh as the country is marching ahead in various areas of economic growth and development.

Recently the Chinese government provided duty-free access for 97 per cent products manufactured in Bangladesh.

On Monday, Rahman said Bangladesh achieved a sustainable economic growth of over 7 per cent in the last few years, but the rate has declined due to the adverse impact of the COVID-19 pandemic.

“The country has developed infrastructure both physically and digitally. A large number of people are now earning money using the internet. The country has been working to improve significantly in the ease of doing business index of the World Bank by 2022,” Salman added.

Alam said the bilateral ties between Bangladesh with China was at the highest level in history.

“The Bangladesh government has zero tolerance of corruption and terrorism. Investor confidence is increasing. The government has harmonised policies related to tax and business,” he added.

Paban Chowdhury, executive chairman of the Bangladesh Economic Zone Authority (Beza), said the country currently has no scarcity of land for industrialisation.

The Bangabandhu Sheikh Mujib Shilpa Nagar at Mirershorai in Chattogram has 40,000 acres of land.

Major General Salahuddin Islam, executive chairman of the Bangladesh Export Processing Zones Authority, said 119 companies from China have invested over $1.1 billion in export processing zones.

Bangladesh Ambassador to China Mahbub Uz Zaman, and HSBC Chief Executive Officer Mahbubur Rahman and Managing Partner of PwC Bangladesh Mamun Rashid also spoke at the event.

Continue Reading

International News

Saudi Arabia holds back oil to Pakistan after Qureshi’s threat to split OIC

Published

on

vShah-Mehmood-Qureshi

Saudi Arabia has halted the provision of oil on loan for Pakistan after the Imran Khan government threatened to split the Organization of Islamic Countries (OIC) over Kashmir.

Hit by a severe economic crisis, Pakistan had borrowed a $6.2 billion loan from Saudi Arabia in 2018.

The loan package included a provision under which Saudi Arabia granted Pakistan $3.2 billion worth of oil, a year on deferred payments.

Pakistani media on Saturday said that the provision meant for Islamabad expired two months ago and has not been renewed by Riyadh.

Instead, Islamabad has prematurely returned $1 billion Saudi loan, four months ahead of repayment period, The Express Tribune said quoting sources and Sajid Qazi, the spokesperson of the Petroleum Division.

Recently Pakistan’s Foreign Minister Shah Mehmood Qureshi during a talk show on a news channel had threatened that if the OIC headed by Saudi Arabia did not convene a foreign ministers’ meeting on Kashmir, Prime Minister Imran Khan would hold it on his own with his allies among the Islamic countries.

“If you cannot convene it, then I’ll be compelled to ask Prime Minister Imran Khan to call a meeting of the Islamic countries that are ready to stand with us on the issue of Kashmir…,” he had threatened on Ary news channel.

The OIC, the biggest bloc of Islamic countries in the world, has repeatedly declined Islamabad’s several requests to hold a meeting on Indian Kashmir — a region which Pakistan Army attempted to invade four times in the last seven decades and where it has been waging a proxy war against India for last three decades.

Since August 2019 when India revoked special status of the Jammu and Kashmir state and brought it directly under the control of the Central government by bifurcating it into two Union Territories, the Imran Khan government has been seeking support of the 57-member OIC over the issue in Pakistan’s favour.

One of the major reasons for OIC’s lack of support for Pakistan has been Riyadh’s displeasure with Islamabad’s proximity with Turkey’s President Recep Tayyip Erdogan who nurtures the ambition of replacing Saudi Arabia as leader of all the Sunni Islamic countries.

Continue Reading
Advertisement
Advertisement

Trending

WP2Social Auto Publish Powered By : XYZScripts.com