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
March 5,2020

Washington, Feb 5: Experts warned a US government panel last night that India's Muslims face risks of expulsion and persecution under the country’s new Citizenship Amendment Act (CAA) which has triggered major protests.

The hearing held inside Congress was called by the US Commission on International Freedom, which has been denounced by the Indian government as biased.

Ashutosh Varshney, a prominent scholar of sectarian violence in India, told the panel that the law championed by prime minister Narendra Modi's government amounted to a move to narrow the democracy's historically inclusive and secular definition of citizenship.

"The threat is serious, and the implications quite horrendous," said Varshney, a professor at Brown University.

"Something deeply injurious to the Muslim minority can happen once their citizenship rights are taken away," he said.

Varshney warned that the law could ultimately lead to expulsion or detention -- but, even if not, contributes to marginalization.

"It creates an enabling atmosphere for violence once you say that a particular community is not fully Indian or its Indianness in grave doubt," he said.

India's parliament in December passed a law that fast-tracks citizenship for persecuted non-Muslim minorities from neighboring countries.

Responding to criticism at the time from the US commission, which advises but does not set policy, India's External Affairs Ministry said the law does not strip anyone's citizenship and "should be welcomed, not criticized, by those who are genuinely committed to religious freedom."

Fears are particularly acute in Assam, where a citizens' register finalized last year left 1.9 million people, many of them Muslims, facing possible statelessness.

Aman Wadud, a human rights lawyer from Assam who traveled to Washington for the hearing, said that many Indians lacked birth certificates or other documentation to prove citizenship and were only seeking "a dignified life."

The hearing did not exclusively focus on India, with commissioners and witnesses voicing grave concern over Myanmar's refusal to grant citizenship to the Rohingya, the mostly Muslim minority that has faced widespread violence.

Gayle Manchin, the vice chair of the commission, also voiced concern over Bahrain's stripping of citizenship from activists of the Shiite majority as well as a new digital ID system in Kenya that she said risks excluding minorities.

More than 40 people were killed last week in New Delhi in sectarian violence sparked by the citizenship law.

India on Tuesday lodged another protest after the UN human rights chief, Michele Bachelet, sought to join a lawsuit in India that challenges the citizenship law's constitutionality.

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Agencies
February 10,2020

Hubei, Feb 10: The death toll in the deadly coronavirus outbreak in China and other parts of the world has reached 904, CNN reported citing Chinese authorities on Monday.

The number of infected people globally has now hit the 40,000 mark.

According to the country's health officials, the number of people, who died from coronavirus in the Hubei Province, has risen to 871.

"As of 24:00 on February 9, Hubei Province reported a total of 29,631 cases of new coronavirus pneumonia, including 16,902 cases in Wuhan. 22,160 patients are still being treated in hospitals. 73,127 people remain under medical observation," read the statement from the Chinese Regional Health Committee.

The novel coronavirus was first detected in China's Wuhan city in late December and has since spread to more than 25 countries.

On Sunday, the new coronavirus even surpassed the fatalities caused by the SARS epidemic in 2003.

The World Health Organisation (WHO) has declared a global health emergency in the wake of the outbreak.

Meanwhile, WHO's international expert mission led by Dr Bruce Aylward embarked for China.

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Agencies
June 7,2020

Moscow, Jun 7: OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two months by withdrawing almost 10% of global supplies from the market.

The group, known as OPEC+, also demanded countries such as Nigeria and Iraq, which exceeded production quotas in May and June, compensate with extra cuts in July to September.

OPEC+ had initially agreed in April that it would cut supply by 9.7 million barrels per day (bpd) during May-June to prop up prices that collapsed due to the coronavirus crisis. Those cuts were due to taper to 7.7 million bpd from July to December.

“Demand is returning as big oil-consuming economies emerge from pandemic lockdown. But we are not out of the woods yet and challenges ahead remain,” Saudi Energy Minister Prince Abdulaziz bin Salman told the video conference of OPEC+ ministers.

Benchmark Brent crude climbed to a three-month high on Friday above $42 a barrel, after diving below $20 in April. Prices still remain a third lower than at the end of 2019.

“Prices can be expected to be strong from Monday, keeping their $40 plus levels,” said Bjornar Tonhaugen from Rystad Energy.

Saudi Arabia, OPEC’s de facto leader, and Russia have to perform a balancing act of pushing up oil prices to meet their budget needs while not driving them much above $50 a barrel to avoid encouraging a resurgence of rival U.S. shale production.

It was not immediately clear whether Saudi Arabia, the United Arab Emirates and Kuwait would extend beyond June their additional, voluntary cuts of 1.18 million bpd, which are not part of the deal.

BULGING INVENTORIES

The April deal was agreed under pressure from U.S. President Donald Trump, who wants to avoid U.S. oil industry bankruptcies.

Trump, who previously threatened to pull U.S. troops out of Saudi Arabia if Riyadh did not act, spoke to the Russian and Saudi leaders before Saturday’s talks, saying he was happy with the price recovery.

While oil prices have partially recovered, they are still well below the costs of most U.S. shale producers. Shutdowns, layoffs and cost cutting continue across the United States.

“I applaud OPEC-plus for reaching an important agreement today which comes at a pivotal time as oil demand continues to recover and economies reopen around the world,” U.S. Energy Secretary Dan Brouillette wrote on Twitter after the extension.

As global lockdowns ease, oil demand is expected to exceed supply sometime in July but OPEC has yet to clear 1 billion barrels of excess oil inventories accumulated since March.

Rystad’s Tonhaugen said Saturday’s decisions would help OPEC reduce inventories at a rate of 3 million to 4 million bpd in July-August. “The quicker stocks fall, the higher prices will get,” he said.

Nigeria’s petroleum ministry said Abuja backed the idea of compensating for its excessive output in May and June.

Iraq, with one of the worst compliance rates in May, agreed to extra cuts although it was not clear how Baghdad would reach agreement with oil majors on curbing Iraqi output.

Iraq produced 520,000 bpd above its quota in May, while overproduction by Nigeria was 120,000 bpd, Angola’s was 130,000 bpd, Kazakhstan’s was 180,000 bpd and Russia’s was 100,000 bpd, OPEC+ data showed.

OPEC+’s joint ministerial monitoring committee, known as the JMMC, will meet monthly until December to review the market, compliance and recommend levels of cuts. JMMC’s next meeting is scheduled for June 18.

OPEC and OPEC+ will hold their next scheduled meetings on Nov. 30-Dec. 1.

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