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Monday,29-May-2023
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The Afghan conundrum

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After a relatively silent phase on Afghan situation, which was overtaken by the global geo-political concerns after the start of the Russia-Ukraine war, it was once again on top of the agenda of regional and global powers in Moscow, last week.

At the Moscow Conference on Afghanistan, representatives and officials from more than 14 countries exchanged views on the current situation in Afghanistan. The meeting was hosted by Russia and participants discussed the political, economic and humanitarian situation in Afghanistan.

The 10 countries, none of which was involved in military occupation of Afghanistan, were meeting after over a year in Moscow. The participants included representatives from India, Pakistan, Russia, China, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. Representatives of Qatar, the UAE, Saudi Arabia and Turkey were also present.

At the start of the conference special Russian envoy Zamir Kabulov stated that we have to provide a comprehensive solution to the Afghan economic issue. To achieve this, the main responsibility lies with the collective West. Those who drove the country for 20 years to the current deplorable state, as well as shamelessly continued economically suffocating the country by holding the frozen national assets of Afghanistan, are not ready to step in, an obvious reference to the US, which was not present at the conference.

Regional views
At the conference, the MEA’s Joint Secretary J.P. Singh, who called for joint work to ensure that the “voice” of the Afghans is not lost, represented India. We all need to work together to ensure that the voice and aspiration of Afghans is not lost and reassure them that we are standing with them at this difficult time, he said.

The Chinese special envoy on Afghan affairs, Yue Xiaoyong said that the US has shamelessly seized the $7 billion assets of Afghan Central Bank and suspended all development aid, unilaterally.

The Iran special envoy for Afghanistan, Hassan Kazimi Qomi, said that there will be a meeting of the regional foreign ministers in Tehran very soon to discuss Afghanistan’s economic woes.

Right from the beginning India’s view has been that of engaging with the Taliban. Though after making an initial foray by engaging in dialogue with the leadership in Doha, before the formation of the Islamic Emirate, it acted rather slowly afterwards. Yet, it remains firm that development and reconstruction of Afghanistan should be dealt with its regional neighbours and those countries, which in the past have played a factitious role in Afghanistan politics, should be kept away from it.

Meanwhile, the Islamic Emirate has made clear that meetings in which there is no representative from Kabul are not effective. The Afghan Foreign Ministry in a statement said that, “We want to underscore that Islamic Emirate, just as it fought against the 20-year occupation posing a direct threat to the security and stability of Afghanistan and the region, as an independent government will not allow any third country to place military facilities in Afghanistan. Similarly, we strongly urge other countries to not put their land and airspace at the disposal of other countries against Afghanistan,”

It also said that the interim Taliban regime is an “accountable government” and has taken “serious steps against antagonistic groups”.

Pakistan’s criticism
However, in an unusual move, Pakistan gave a damning assessment of the Afghan Taliban regime’s 16 months in power, saying the interim government has done little to form inclusive government, protect the rights of women and eradicate terrorist groups.

Pakistan’s special envoy for Afghanistan, Sadiq Khan, called for support for Afghans. The lack of progress, he noted, means that the critical support needed by Afghanistan to deal with the humanitarian and economic crises and other challenges has faltered.

Sadiq said the progress report of the last 16 months was mixed, while some of the worst fears, including a rapidly deteriorating security situation in Afghanistan, mass exodus of refugees and a prolonged period of instability and violence did not materialise, the interim Afghan government had also not made the kind of progress that the international community would ideally expected.

Despite assurances by the interim Afghan government, the rights of women and girls also appeared to have regressed, not progressed, according to the Pakistani envoy. He added that the footprint of terrorist organisations in Afghanistan, had yet to be fully eradicated.

He said that Pakistan has been the advocate of engaging with the Afghan Taliban government after the withdrawal of foreign forces. But the latest assessment suggests Islamabad is not happy with the interim government. Pakistan is increasingly frustrated over the Taliban’s lack of intent to eradicate threat posed by certain terror outfits to Pakistan.

But despite expressing strong reservations, Ambassador Sadiq made a passionate appeal for help to millions of Afghans, who he said, were in desperate need of urgent humanitarian support, including food, medicine and essential life supplies, before the advent of winter.

On top, he said, Afghanistan remained cut off from the international banking system and faces serious liquidity challenges. Billions of Afghan assets are frozen, thus deprived of being gainfully used for the benefit of the people of Afghanistan.

Though Pakistan wants to be a seen as an important and sincere player for the reconstruction of Afghanistan, yet there is a lot of bad blood between Pakistan and IEA. During the last 16 months, their forces have acted against each other on the border issue several times. Moreover, even the international comity does not seem ready to entrust Pakistan with any meaningful role in Afghanistan, which might be a replay of its earlier roles during the Soviet and American interference in the country.

In the given scenario, the Indian government should step up its diplomatic and outreach activities with the IEA and international players. India’s past role in Afghan affairs can’t be erased easily and now as the G20’s chair, India can definitely move forward in a resolute manner to start a meaningful and result-oriented outreach for Afghanistan.

Further IEA should be made a part of the consultative process of any future action on Afghanistan, as without their presence no one can guarantee the actions and provide legitimacy to any sincere intervention.

International News

Opening bell: Markets open in green amid positive global cues; Sensex at 62,889.90, Nifty at 18,609.90

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The markets on Monday opened higher with Sensex at 62,889.90, up by 388.21 points and Nifty was at 18,609.90 with a gain of 110.55 points. Mahindra and Mahindra, TCS, HDFC, IndusInd Bank and Wipro were the top gainers in the morning session.

The stocks of Adani Transmission, Rail Vikas Nigam, IRCTC, Torrent Power and NHPC will be in focus as the companies are announcing the results for the last quarter today.

Markets on Friday

Thanks to increased buying by Foreign Institutional Investors, Sensex surged 623 points to end the week at 62,496. Nifty also went up by 0.94 per cent to hit 18,495 points at close, buoyed by a rebound for global markets and gains made by US stocks.

Global markets

Wall Street shares on Friday after being on the lower end rose sharply as the US debt ceiling progressed and chip stocks gained for a second straight day due to optimism surrounding AI. The Nasdaq Composite rose by 2.19 per cent to 12,975.69, S&P 500 closed higher at 4,205.45 and the Dow Jones Industrial Average rose to 33,093.34.

With the US debt negotiations reaching closer to a deal the Asian markets on Monday were in green. Singapore’s SGX Nifty saw a gain of 159 points at 18,707, South Korea’s KOSPI was comparatively flat with a gain of 4.12 points at 2,558.81 and Japan’s Nikkei 225 was in the green with a gain of 159 points at 31,330.63. However, Hong Kong’s Hang Seng was at 18,723.72 with a drop of 23.20 points.

Oil prices

Oil prices on Monday were were higher after as United States leaders reached a tentative decision to avoid debt default. Brent crude futures went up by 39 cents to $77.34 per barrel and US West Texas Intermediate crude was at $73.12 per barrel with a gain of 45 cents.

Rupee

Indian rupee on Monday opened flat at 82.58 per dollar against Friday’s close of 82.57.

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International News

16 wounded as blast rocks Afghan city

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At least 16 people have been confirmed wounded after a blast rocked Pul-e-Khumri city, the capital of Afghanistan’s northern Baghlan province, local media reported.

Quoting an anonymous source, private media outlet the Salam Watandar reported that at least 16 people had been taken to a hospital for medical treatment on Friday, news agency reported.

Eyewitnesses who declined to give their names told the news agency that security forces had cordoned off the area and ambulances were seen running around the city to transport the wounded.

The Taliban administration has yet to make a comment. No group or individual has claimed responsibility.

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International News

Saudi Arabia restores diplomatic ties with Canada

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Saudi Arabia and Canada have agreed to restore diplomatic relations and appoint ambassadors, the Saudi foreign ministry announced.

The Ministry said on Wednesday in a statement that the decision was made based on the two sides’ wishes to restore ties on the basis of mutual respect and common interests, news agency reported.

“Canada has appointed a new ambassador to the Kingdom of Saudi Arabia, Jean-Philippe Linteau,” the Canadian Foreign Ministry said in a statement while announcing the decision.

The move follows discussions between Saudi Arabian Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud and Canadian Prime Minister Justin Trudeau during the APEC summit in the Thai capital of Bangkok in November 2022, the Ministry added.

Saudi Arabia recalled its ambassador from Canada in 2018 after a dispute over Canada’s demand for Saudi Arabia to release detained activists.

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