Modi arrives in Qingdao to attend SCO summit

Agencies
June 9, 2018

Qingdao, Jun 9: Prime Minister Narendra Modi arrived here today on a two-day visit primarily to attend the annual summit of Shanghai Cooperation Organisation (SCO) which is likely to deliberate on several pressing global issues including future of Iran nuclear deal, the impact of US sanctions on Russia and situation in the Indo-Pacific region.

It is Modi’s second visit to China in little over five weeks. He was in the Chinese city of Wuhan on April 27 and 28 to attend an informal summit with President Xi Jinping.

Diplomats said the summit is also likely to explore ways to deepen cooperation among the SCO member countries in dealing with threats of terrorism, extremism, and radicalisation besides delving into issues relating to trade, investment, and connectivity.

It is for the first time the Indian prime minister will be attending the SCO summit after India along with Pakistan became full-fledged members of the grouping, jointly dominated by China and Russia, which has been increasingly seen as a counter to NATO.

The SCO currently has eight member countries which represents around 42 percent of the world’s population and 20 percent of the global GDP.

Besides Modi, other leaders attending the summit in this picturesque coastal city of China’s Shandong province include President Xi Jinping, Russian President Vladimir Putin, Iranian President Hassan Rouhani and Pakistan President Mamnoon Hussain.

In his address at the SCO Modi, is likely to articulate India’s position on dealing with major challenges facing the world including ways to tackle terrorism, and boosting trade and investment in the region.

The summit in this Chinese port city is taking place under the shadow of Washington’s pull out from the Iran nuclear deal, its sanction regime against Russia and frictions with China over the trade tariff dispute and diplomats said all these issues may figure at the summit as well as during deliberations on its sidelines.

In the wake of Washington’s strained ties with Russia, China and Iran, officials said the SCO summit will provide an opportunity for President Xi and his Russian counterpart Putin to reflect on a common vision for the region and present the bloc as a powerful voice to deal with pressing global issues.

The situation in the Indo-Pacific may figure in the talks but it is unlikely that the issue will find a mention in the SCO outcome document.

Officials said the US pull out from the Iran nuclear deal, Washington’s sanctions against Russia under the Countering America’s Adversaries Through Sanctions Act (CAATSA) may also figure in the talks. The sanctions have impacted Russia’s defence cooperation with a number of countries including India.

The SCO leaders are also expected to review the situation in the Korean peninsula, Afghanistan and Syria.

Officials said India will pitch for evolving effective ways to deal with the growing challenge of terrorism and enhancing security cooperation among SCO countries.

India is also keen on deepening its security-related cooperation with the SCO and its Regional Anti-Terrorism Structure (RATS) which specifically deals with issues relating to security and defence.

India was an observer at the SCO since 2005 and has generally participated in the ministerial-level meetings of the grouping which focus mainly on security and economic cooperation in the Eurasian region.

The officials said India is also likely to focus on the importance of regional connectivity projects to boost trade among members of the SCO countries.

India has been strongly pushing for connectivity projects like the Chabahar port project and International North-South Transport Corridor to gain access to resource-rich central Asian countries.

Modi is expected to hold nearly half a dozen bilateral meetings with leaders of other SCO countries. However, there is no official word on whether there will be any interaction between Modi and Pakistan President Hussain, who is scheduled to attend the meeting in China.

The SCO was founded at a summit in Shanghai in 2001 by the presidents of Russia, China, Kyrgyz Republic, Kazakhstan, Tajikistan and Uzbekistan. India and Pakistan became its members last year.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com web desk
June 27,2020

New Delhi, June 27: The Prime Minister Narendra Modi-led union government of India is not ready to stop all imports from aggressive China in spite of mount calls to boycott Chinese products in India.

The Centre is reportedly considering to stop only non-essential imports from the neighbouring country.

However, the Inward shipment in sectors such as automobiles, pharmaceuticals, certain electronics and others will continue until a domestic alternative is found.

“India will gradually move towards import substitution. It will not happen overnight. In the meantime, attention has to be paid on production and job creation. We cannot throttle our industry. There are certain absolutely essential imports. Needless to say, those will keep going,” official sources said.

Sources said that both the government and the industry are in the process of identifying products that can be domestically manufactured in the medium term. There are certain chemicals, automotive components, handicrafts, cosmetics, agriculture items and certain consumer electronics, which can be manufactured domestically in the short to medium term. The government is doing all it can to raise the capacity of domestic industries.

However, there are certain other imports in the automobile and the pharmaceutical sectors which cannot be done away within the short to medium term. Their domestic production at the moment may not be that cost-effective.

The six-crore strong traders’ body CAIT has been at the forefront of such a demand and has launched a campaign to celebrate Indian Diwali this year with a total absence of Chinese goods.

“Ease of doing business, capital availability at lower rates and globally competitive logistics and energy costs are some of the prerequisites that the government should look into to ensure the growth of the domestic auto component industry,” according to Automotive Component Manufacturers Association of India (ACMA) Director General Vinnie Mehta.

Maruti Suzuki Chairman R C Bhargava said, “People who are boycotting Chinese goods have to remember that in some cases it may lead to their being asked to pay more for the same product."

Meanwhile, domestic rating agency Acuite Ratings & Research has analysed the current import portfolio from China and found 40 sub-sectors have the potential to lower their import dependency on China. These sectors contribute to $33.6 billion worth of imports from China and about 25% of these imports can be substituted by local manufacturing without any significant additional investments.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 9,2020

New Delhi, Jan 9: JNU students who tried to march towards the Rashtrapati Bhavan on Thursday protesting the violence on the university campus were stopped by police and later detained.

The police also resorted to baton charge to control the mob who tried to block the traffic at Janpath. Using loudspeakers, the police also appealed to the crowd to maintain peace.

Before the students tried to proceed towards the Rashtrapati Bhavan, a delegation of JNU Students' Union and JNU Teachers' Association also met Human Resource Development (HRD) Ministry officials and demanded the removal of Vice-Chancellor M Jagadesh Kumar from his post.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 1,2020

New Delhi, Jul 1: 18,653 COVID-19 cases have been reported in India in the last 24 hours, taking the country's tally of coronavirus cases to 5,85,493, informed the Union Health and Family Welfare Ministry on Wednesday.

As per the Ministry, there are presently 2,20,114 active cases in the country. The number of patients cured/discharged and migrated stands at 3,47,979.

507 deaths due to COVID-19 were reported in the last 24 hours taking the total deaths due to the virus to 17,400.

According to the ministry, Maharashtra is the worst-affected state by the virus with 1,74,761 cases including 7,855 fatalities.

Tamil Nadu is the second worst-hit state with 90,167 cases including 1,201 deaths. Meanwhile, Delhi has a total of 87,360 cases.

The Indian Council of Medical Research said that a total number of 86,26,585 tested up to June 30 of which 2,17,931 samples were tested on Tuesday.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.