ASEAN Summit: Is India serious about regional trade pact?

Agencies
November 19, 2018

Singapore, Nov 19: If you were here in Singapore for the first time on a brief visit last week, you could be excused for wondering if it's normal for thousands of police officers to be patrolling the streets and for scores of Special Operations Command and other police vehicles to be parked all over the city. You may also be wondering if traffic is always really this bad.

Actually, no. Singapore is typically very safe and the police is usually not seen much. Neither will you hear sirens piercing the air every few minutes like in some other cities. And it's uncommon for traffic jams to occur.

Last week, besides the leaders of the 10 ASEAN countries, some of world's top leaders including Indian Prime Minister Narendra Modi, Russian President Vladimir Putin, Chinese Premier Li Keiqiang, Japanese Prime Minister Shinzo Abe, South Korean President Moon Jae-in, Canadian Prime Minister Justin Trudeau, Australian Prime Minister Scott Morrison and United States Vice President Mike Pence were in Singapore for the ASEAN Summit. Hence, the stepped-up security.

The world leaders who came, see this as a fantastic and convenient opportunity to meet at the sidelines of the summit to discuss bilateral issues especially ahead of the APEC Summit which takes place in Papua New Guinea immediately after the ASEAN conference. For example, President Putin met with Japan PM Abe as well as Vice President Pence. President Putin's attendance also allowed him to project Russia's desire to be a global influencer and show their willingness to engage with the region especially in economic matters.

The Association of Southeast Asian Nations or ASEAN is a regional intergovernmental organisation made up of 10 countries to promote and facilitate cooperation mainly in trade but also in security matters, education and culture integration and exchange. Meetings at various levels are held regularly with its secretariat located in Jakarta, Indonesia.

Together, ASEAN forms a market of US$2.6 trillion with a population of 622 million people. It is collectively the third largest economy in Asia after China and Japan and seventh largest in the world.

At the moment, the over-arching economic objective for the group is to achieve full economic integration by way of a single market fully connected with the global economy by 2025. Called the ASEAN Economic Community (AEC), it is a free trade zone copying the European Union model loosely.

In his opening address as Chairman of ASEAN, a title and responsibility which rotates among the countries every year, Singapore's Prime Minister Lee Hsien Loong said: "The international order is at a turning point. The existing free, open and rules-based multilateral system which has underpinned ASEAN's growth and stability, has come under stress. Countries, including major powers, are resorting to unilateral actions and bilateral deals, and even explicitly repudiating multilateral approaches and institutions."

Unsurprisingly, global trade uncertainties was one of the key subjects discussed at the summit.

However, the main economic topic on the agenda was the Regional Economic Comprehensive Partnership (RCEP). Other than the ASEAN countries, this agreement brings together China, Japan South Korea and, also Australia, New Zealand and India.

If completed, the RCEP will be the largest such trade agreement since the General Agreements on Tariffs and Trade (GATT) which was implemented in 1948. It will encompass 25 per cent of global gross domestic product (GDP) of US$25 trillion, 45 per cent of the total population, 30 per cent of global income and 30 per cent of global trade. Many were expecting it to be wrapped up this year but at the summit it was announced that it will be delayed till 2019. Leaders at the summit, however, were quick to emphasise that negotiations are at its final stage.

The pact is seen as vital in securing the region's continued prosperity, especially after a trade war broke out between its vital trading partners, US and China.

Although Prime Minister Modi urged an early conclusion to RCEP talks, it is not clear at this stage what level of commitment India has in participating. The RCEP is a traditional trade pact which cuts tariffs on tradable goods whereas India's strength is in the services sector. India is believed to be holding up for better market access for its professionals and to the services sector than is currently offered.

India also complained that imports to India from ASEAN has grown faster than Indian exports to the bloc. New Delhi is reluctant to cut tariffs and open its markets in the face of strong opposition from its farming as well as steel and textiles industries. The dilemma facing India is exacerbated by the fact that strategic rival China is part of the agreement although China is an important trading partner as well.

On the other hand, ASEAN nations are increasingly investing in India, including in ports, highways, townships and food processing. It was noted at the summit that with the Modi government improving ease of doing business, investment and trade with ASEAN has grown. Despite good progress being made on the India-Myanmar-Thailand trilateral highway with an extension to Laos, Cambodia and Vietnam, ASEAN has called for better maritime, air, land and digital connectivity between ASEAN and India.

With the Indian general elections expected next year, the RCEP negotiations come at a sensitive time for PM Modi.

India is the sixth largest trading partner of ASEAN having signed the India-ASEAN FTA (free trade agreement) in 2010 and bilateral trade is valued at US$80 billion but this is seen by economists as far short of its true potential.

PM Lee of Singapore urged India to be part of RCEP saying: "Together with the ASEAN-India Free Trade Area, we hope that this will help us reach the ASEAN-India trade target of US$200 billion in total trade by 2022."

If India can address its national interests through the on-going talks, the RCEP is a promising vehicle that can help a reluctant India which traditionally shies away from trade pacts, expands its markets through incorporation into a truly open trading bloc.

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Agencies
February 4,2020

The death toll in China's coronavirus rose sharply to 425 with 64 deaths on Monday alone while 3,235 new confirmed cases were reported, taking the number of those infected with the deadly disease to 20,438, Chinese health authorities said on Tuesday.

The 64 people who died on Monday were all from the Hubei province, the epicentre of the virus, China's National Health Commission said.

Also, 3,235 new confirmed cases of novel coronavirus infection were reported, a big increase in a day.

Another 5,072 new suspected cases were reported on Monday, said the commission, adding that 492 patients became seriously ill.

The commission said that 2,788 patients remained in severe condition and 23,214 people were suspected of being infected with the virus, a pointer that it is increasingly turning virulent.

The overall confirmed cases on the Chinese mainland had reached 20,438 by the end of Monday, the commission said, noting that a total of 425 people had died of the disease.

A total of 632 people had been discharged from hospital after recovery, state-run Xinhua news agency reported As the virus spreads from human to human, 221,015 close contacts had been traced, with 171,329 others still under medical observation.

By the end of Monday, 15 confirmed cases had been reported in Hong Kong, eight in the Macao and 10 in Taiwan.

The Philippines reported the first overseas death from the virus on Sunday while 148 cases have been reported from abroad.

India has reported three cases of the coronavirus. All the three patients from Kerala recently returned from the affected Wuhan city.

Currently, 647 Indians and seven Maldivians who have been evacuated from Wuhan and Hubei are in 14-day quarantine at a medical camp in Manesar, near Delhi.

As the virus continued to spread at an alarming rate, Chinese President Xi Jinping on Monday warned officials of punishment if they shirked responsibility in tackling the virus outbreak.

On Monday, China has opened a 1,000-bed hospital built in record nine days in Wuhan city and started trials for new drug to contain the virus and is set to open another 1,300 bed hospital next to it on Wednesday.

The ruling Communist Party of China on Monday held its political bureau meeting presided by President Xi to review the steps being taken on various fronts to halt the spread of the deadly virus.

The outcome of the epidemic prevention and control directly affects people's lives and health, the overall economic and social stability and the country's opening-up, Xi said.

"Those who disobey the unified command or shirk off responsibilities will be punished," Xi was quoted as saying by the state-run Xinhua news agency.

Xi said that the party and government leaders supervising them would also be held accountable in severe cases.

Chinese armament firms, including those building aircraft carrier and military aircraft, have postponed planned work in order to concentrate on controlling the risk of coronavirus, state-run Global Times reported.

Noted Chinese health expert Zhong Nanshan has said that based on the fresh evidence, the novel coronavirus, which is spreading rapidly in China and the world, may reach its peak in the next 10 to 14 days, contrary to earlier estimates of climaxing sooner.

This means that the cases would drastically increase in the next two weeks before slowing down.

Also, China has begun clinical trials to test a drug to treat the patients of the coronavirus which till now has no cure.

Currently, patients are being treated with a combination of antivirals and other measures, as scientists race to find a vaccine.

Some reports said drugs to treat HIV too was being tried to treat the patients.

The experimental antiviral drug, Remdesivir, to be tested in field trials is developed by US-based Gilead Sciences. It is aimed at treating infectious diseases such as Ebola and SARS, South China Morning Post reported.

It was given to the first US patient last week - a 35-year-old man whose condition appeared to improve within a day, it said.

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Agencies
April 21,2020

Washington D.C., April 21: North Korea's leader, Kim Jong Un, is in grave danger following a surgery this month, according to a US intelligence official with direct knowledge.

Kim recently missed the celebration of his grandfather's birthday on April 15, which raised speculation about his well-being. He had been seen four days before that at a government meeting, according to intelligence reports cited by CNN.

The National Security Council and Office of the Director of National Intelligence have however declined to comment on the matter.

CNN has also reached out to the CIA and the State Department for comment and sought comment from the South Koreans.

Kim's absences from official state media often spark speculation and rumors about his health. North Korea has no free press and is often a black hole when it comes to the country's leadership. Analysts are heavily reliant on scanning state media dispatches and watching propaganda videos for any semblance of a clue.

Kim last appeared in North Korean state media on April 11. April 15 -- North Korea's most important holiday, the anniversary of the birth of the country's founding father, Kim Il Sung -- came and went without any official mention of Kim Jong Un's movements.

Experts are unsure of what to make of Kim's absence from any festivities celebrating his grandfather. When North Korean leaders have not shown up to these important celebrations in the past, it has portended major developments. But it has also turned out to be nothing.

"There have been a number of recent rumours about Kim's health (smoking, heart, and brain). If Kim is hospitalized, it would explain why he wasn't present on the important April 15th celebrations," said Bruce Klingner, a senior research fellow at the Heritage Foundation and former CIA deputy division chief for North Korea. "But, over the years, there have been a number of false health rumors about Kim Jong-un or his father. We'll have to wait and see."

Kim Jong Il's absence from a parade celebrating North Korea's 60th anniversary in 2008 was followed by rumblings that he was in poor health. It was later revealed he had a stroke, after which his health continued to decline until his death in 2011.

Kim Jong Un disappeared from the public eye for more than a month in 2014, which also prompted speculation about his health. He returned sporting a cane, and days later South Korean intelligence said that he had a cyst removed from his ankle.

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News Network
March 29,2020

Washington, Mar 29: The number of known coronavirus US cases soared well past 115,000, with more than 1,900 dead, as President Donald Trump said on Saturday he was considering imposing a quarantine on the hard hit New York region.

American healthcare workers in the trenches of the pandemic are appealing for more protective gear and equipment to treat a surge in patients that is already pushing hospitals to their limits in virus hot spots such as New York City, New Orleans and Detroit.

Trump told reporters he could order a quarantine on three states, New York, New Jersey and Connecticut, which between them have recorded at least 64,000 infections and 895 deaths.

He also appeared to soften his previous comments calling for the US economy to be swiftly reopened. Asked whether he thought the United States would restart by Easter Sunday, April 12, Trump replied, "We'll see, what happens."

New York Governor Andrew Cuomo said he had no details on any possible quarantine order for his state, telling a briefing: "I don't even know what that means. I don't know how that would be legally enforceable, and from a medical point of view I don't know what you would be accomplishing."

He said New York was postponing its presidential primary election to June 23, from April 28.

As the crisis deepened, nurses at Jacobi Medical Center in New York's borough of the Bronx protested outside the hospital on Saturday, saying supervisors asked them to reuse personal protective equipment, including masks. Some held signs with slogans including "Protect our lives so we can save yours."

"The masks are supposed to be one-time use," one nurse said, according to videos posted online. "Now, all of a sudden the CDC (Centers for Disease Control and Prevention) is saying that it's fine for us to reuse them. These choices are being made not based on science. They're being made based on need."

One resident at New York Presbyterian Hospital said they were issued with just one mask.

"This is your mask forever. You can bring it home with you. Here's how you can clean your mask," said the resident, who asked not to be named because he was not authorized to speak to the media. "It's not the people who are making these decisions that go into the patients' rooms."

Doctors are also especially concerned about a shortage of ventilators, machines that help patients breathe and are widely needed for those suffering from COVID-19, the pneumonia-like respiratory ailment caused by the highly contagious novel coronavirus.

Hospitals have also sounded the alarm about scarcities of drugs, oxygen tanks and trained staff.

By Saturday afternoon, the US number of cases stood at 115,842 with at least 1,929 deaths, according to a Reuters tally. The United States has had the most recorded cases of any country since its count of infections eclipsed those of China and Italy on Thursday.

BLACK MARKET
As shortages of key medical supplies abounded, desperate physicians and nurses were forced to take matters into their own hands.

New York-area doctors say they have had to recycle some protective gear, or even resort to bootleg suppliers.

Dr. Alexander Salerno of Salerno Medical Associates in northern New Jersey described going through a "broker" to pay $17,000 for masks and other protective equipment that should have cost about $2,500, and picking them up at an abandoned warehouse.

"You don't get any names. You get just phone numbers to text," Salerno said. "And so you agree to a term. You wire the money to a bank account. They give you a time and an address to come to."

Nurses at Mount Sinai Hospital in New York said they were locking away or hiding N95 respirator masks, surgical masks and other supplies that are prone to pilfering if left unattended.

"Masks disappear," nurse Diana Torres said. "We hide it all in drawers in front of the nurses' station."

One nurse at Westchester Medical Center, in the suburbs of the city, said colleagues have begun absconding with scarce supplies without asking, prompting better-stocked teams to lock masks, gloves and gowns in drawers and closets.

An emergency room doctor in Michigan, an emerging epicenter of the pandemic, said he was wearing one paper face mask for an entire shift due to a shortage and that hospitals in the Detroit area would soon run out of ventilators.

"We have hospital systems here in the Detroit area in Michigan who are getting to the end of their supply of ventilators and have to start telling families that they can't save their loved ones because they don't have enough equipment," the physician, Dr. Rob Davidson, said in a video posted on Twitter.

Sophia Thomas, a nurse practitioner at DePaul Community Health Center in New Orleans, where Mardi Gras celebrations late last month fueled an outbreak in Louisiana's largest city, said the numbers of coronavirus patients "have been staggering."

In the nation's second-largest city, Los Angeles Mayor Eric Garcetti said spiking cases were putting Southern California on track to match New York City's infection figures in the next week.

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