India, China hold strategic dialogue

February 22, 2017

Beijing, Feb 22: China and India today held their upgraded strategic dialogue to shore up bilateral ties amid hectic parleys to resolve differences over Beijing's reluctance to support India's NSG bid as well as a UN ban on JeM chief Masood Azhar. Just before the dialogue, Foreign Secretary S Jaishankar held talks with Chinese Foreign Minister Wang Yi. Welcoming Jaishankar, co-chair of the dialogue, Wang said China and India are two major developing countries and emerging markets besides important nations in the world.

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"We have to have frequent meetings," he said, referring to high-level talks held by officials from both sides on critical issues before today's dialogue. The official-level meetings made very good foundation for the "successful strategic dialogue", he said, adding that the Chinese side attaches importance to "this reconstituted dialogue". "I am certain by raising the level of this strategic dialogue the two sides will be able to enhance their strategic communication, reduce misunderstanding and build more trust and deepen our strategic cooperation," Wang said.

"This way we can better tap into the potential of our bilateral relations and live up to our responsibilities" for the regional stability. In his response, Jaishankar said, "This is the first time that the restructured strategic dialogue is taking place". "This shows that our relationship today has gone well beyond bilateral manifestations," he said.

Stating that the two countries are members of G20, Shanghai Cooperation Organisation (SCO), BRICS and the East Asia Summit, he said this will "allow us to find more common ground on more issues". Later, Jaishankar along with China's Executive Vice Foreign Minister Zhang Yesui held the strategic dialogue.

In his opening remarks at the dialogue, Jaishankar said, "We have truly transcended the bilateral dimension of our relations. What happens between India and China has both great global and regional significance.

"Our assessment coming in is that our bilateral relations have really acquired a very steady momentum over many years. Our leadership-level meetings have been taking place regularly and our economic engagement is growing. We are seeing cooperation on many international issues and our border areas have maintained peace and tranquility," he said.

"Overall the closer development partnership has been unfolding," he said. Apparently referring to differences, Jaishankar said, "there are natural issues which neighbours have" and it is the responsibility of both the countries to address them. Zhang said "I expect that we discuss the full range of issues that are important to our countries".

Several top officials from both sides, including those in-charge of nuclear disarmament issues, were present at the talks indicating that both sides will be discussing India's entry into the Nuclear Suppliers Group (NSG) besides other issues.

The talks were being held in the backdrop of vocal differences between the two countries on a host of issues including India's concern over the USD 46 billion China-Pakistan Economic Corridor (CPEC), Beijing's reluctance to back India's application to join the NSG and the UN ban on Azhar.

The strategic dialogue was upgraded during Chinese Foreign Minister Yi's visit to New Delhi last year. China has deputed Zhang, also the head of the influential Communist Party of China (CPC) committee of the Chinese Foreign Ministry to co-chair the talks.

Ahead of today's talks Jaishankar, who formerly worked as India's Ambassador to China, met China's top diplomat Yang Jiechi yesterday and held talks with him on the critical issues bedevilling the bilateral ties. During their talks, both Yang and Jaishankar expressed strong commitment to develop positive relations despite differences.

Yang, who is the State Councillor and Beijing's Special Representative for border talks between India and China, had said despite differences, relations between the two sides had a positive growth last year.

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News Network
May 7,2020

Islamabad, May 7: Pakistan's COVID-19 cases have crossed 24,000 after 1,523 new infections were detected, while the death toll has jumped to 564 with 38 more people succumbing to the coronavirus, health officials said on Thursday.

Even as the country is seeing an increase in the number of coronavirus cases and fatalities, Prime Minister Imran Khan will discuss the easing of lockdown restrictions with his top aides on Thursday.

The Ministry of National Health Services said that out of the 24,073 total cases, Punjab reported 9,077, Sindh 8,640, Khyber-Pakhtunkhwa 3,712, Balochistan 1,495, Islamabad 521, Gilgit-Baltistan 388 and Pakistan-occupied Kashmir 76 cases.

After 38 more deaths on Wednesday, the total coronavirus patient death toll jumped to 564. Another 6,464 have recovered. A total of 1,523 new patients were added in a single day, the ministry.

So far, 244,778 tests have been conducted, including 12,196 in the last 24 hours, it said.

Prime Minister Khan will chair the National Coordination Committee (NCC) meeting on easing the lockdown restrictions in the country. The meeting will be attended by all chief ministers.

The issue was debated in the National Command and Operation Centre (NCOC) on Wednesday and in the Cabinet on Tuesday.

Planning Minister Asad Umar said that different proposals to allow certain businesses to open were prepared and will be presented before the Prime Minister for a final decision.

Earlier, Khan, undeterred by the mounting number of deaths and the new cases, announced that he was against a lockdown as it hits the poor people badly.

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News Network
April 13,2020

Manila, Apr 13: The Asian Development Bank (ADB) on Monday tripled the size of its response to novel coronavirus disease (COVID-19) pandemic to 20 billion dollars and approved measures to streamline its operations for quicker and more flexible delivery of assistance.

The package expands ADB's 6.5 billion dollars initial response announced on March 18, adding 13.5 billion dollars in resources to help ADB's developing member countries counter the severe macroeconomic and health impacts caused by COVID-19.

The 20 billion dollar package includes about 2.5 billion dollars in concessional and grant resources.

"This pandemic threatens to severely set back economic, social, and development gains in Asia and the Pacific, reverse progress on poverty reduction and throw economies into recession," said ADB President Masatsugu Asakawa.

"Our expanded and comprehensive package of assistance, made possible with the strong support of our board, will be delivered more quickly, flexibly and forcefully to the governments and the private sector in our developing member countries to help them address the urgent challenges in tackling the pandemic and economic downturn," he said in a statement.

ADB's most recent assessment released on April 3 estimates the global impact of the pandemic at between 2.3 and 4.8 per cent of gross domestic product. Regional growth is forecast to decline from 5.2 per cent last year to 2.2 per cent in 2020.

The new package includes the establishment of a COVID-19 pandemic response option under ADB's countercyclical support facility.

Up to 13 billion dollars will be provided through this new option to help governments of developing member countries implement effective countercyclical expenditure programs to mitigate impacts of the COVID-19 pandemic, with a particular focus on the poor and the vulnerable.

Grant resources will continue to be deployed quickly for providing medical and personal protective equipment and supplies from expanded procurement sources.

Some 2 billion dollars from the 20 billion dollar package will be made available for the private sector. Loans and guarantees will be provided to financial institutions to rejuvenate trade and supply chains.

Enhanced microfinance loan and guarantee support and a facility to help liquidity-starved small and medium-sized enterprises, including those run by female entrepreneurs, will be implemented alongside direct financing of companies responding to or impacted by COVID-19.

The response package includes a number of adjustments to policies and business processes that will allow ADB to respond more rapidly and flexibly to the crisis. These include measures to streamline internal business processes, widen the eligibility and scope of various support facilities and make the terms and conditions of lending more tailored.

All support under the expanded package will be provided in close collaboration with international organisations, including the International Monetary Fund, World Bank Group, World Health Organisation, UNICEF, other UN agencies and the broader global community.

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News Network
May 20,2020

Washington, May 20: The United States recorded another 1,536 coronavirus deaths over the past 24 hours, the Johns Hopkins University tracker said.

That figure, tallied as of 8:30 pm (0030 GMT), raises to 91,845 the total number of COVID-19 deaths in the US.

The US tops the global rankings both for the highest death toll and the highest number of infections, with more than 1.5 million cases.

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