New US Prez should meet Modi in 100 days: US think tank

October 13, 2016

Washington, Oct 13: With just 100 days left in Barack Obama's presidency, a top American think-tank has suggested the new US president should meet Prime Minister Narendra Modi within first 100 days to strongly signal importance of continuing close relations between the two countries.

usIn a major report on 'India-US Security Co-operation', the Center for Strategic and International Studies (CSIS) urges the upcoming administration to ensure that India signs the foundational agreements, which it believes is important for strengthening the India-US defense relationship.

The absence of such agreements will also make it nearly impossible (if not completely impossible) for the US to provide to India certain advanced sensing, computing and communications technologies that India believes are necessary for its own defense capabilities, it said.

"The next administration should work with Australia, India and Japan to establish a quadrilateral security dialogue, led by the US State Department and foreign ministries. The dialogue should focus on issues of common interest across the Pacific and Indian Ocean regions," the report said.

It said creating a specific opportunity for the US president and Indian Prime Minister to meet in the first 100 days will send a strong signal about the importance of bilateral ties.

CSIS in its report recommends that the US and India should deepen announced efforts on submarine safety and anti-submarine warfare to include combined training and exercises to expand the capability of both countries as well as their interoperability with each other.

Seeking to increase the FDI limit in defense sector to 100 per cent, the report also calls for strengthening and expanding the homeland security dialogue.

The think-tank recommends the new president should invite India to participate (as an observer or stakeholder) in the Quadrilateral Coordination Group talks with the Taliban.

It also urges for establishing a US-India dialogue on the Middle East, modeled on the "East Asia Consults" of the US State Department and India's Ministry of External Affairs.

CSIS said Modi's emergence as a strong leader, just as the US was seeking to consolidate its strategy of re-balance to the Asia Pacific, gave America an opportunity to engage with a rising leader in India, and India an opportunity to reprioritise and rethink its engagement with the world.

Obama continues a bipartisan run of three presidents who have seen India as key to US strategy in Asia, it said.

Observing that Obama has built a strong relationship with Modi, and maintained a high tempo of engagements at the highest levels, the report said the US engagement with India has increasingly focused on the security aspects and India has responded with uncharacteristic warmth to this outreach.

Comments

Rikaz
 - 
Thursday, 13 Oct 2016

Its better for India to join hands with Russia....US is a selfish country...they dont think about us but themselves....

Shaad
 - 
Thursday, 13 Oct 2016

Modi's fashion designer got another job to stitch 6 more dress per day for meet.

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News Network
June 22,2020

Geneva, Jun 22: The global count of coronavirus cases has surpassed 8.7 million, with 183,020 new cases recorded on Sunday, the World Health Organisation said in its daily situation report.

Over the last 24 hours, 4,743 people died from COVID-19 worldwide, taking the death toll to 461,715 fatalities, according to the report.

The cumulative global toll of confirmed cases has now reached 8,708,008, as stated in the report.

The WHO Regional Director for Europe, Dr Hans Henri P. Kluge, shared that Europe accounts for 31 per cent of COVID-19 cases and 43 per cent of COVID-19 deaths globally.

Dr Kluge highlighted that several countries continue to face increasing disease incidence and that "preparing for the autumn is a priority now at the WHO Regional Office for Europe"

The United States continues to be worst affected by the contagion with the highest count of cases and fatalities -- 2.2 million and 118,895, respectively.

The novel coronavirus was declared a pandemic by WHO on March 11.

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News Network
May 28,2020

Geneva, May 28: The global death toll from the novel coronavirus has risen over the past 24 hours by 5,581 to 349,095, the World Health Organization (WHO) said in its daily situation report.

The number of confirmed cases has increased by 84,314 to 5,488,825, the WHO said.

Most cases of infection are recorded in the Americas (North and South America) - 2,495,924, with 145,810 deaths. While Europe has reported 2,061,828 cases and 1,76,226 deaths so far.

As per WHO tally, the US has the highest number of cases in the world with 1,63,4010 infections.

The global health body declared the outbreak of the new coronavirus a pandemic on March 11.

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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