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
April 9,2020

Paris, Apr 9: More than 1.5 million cases of the novel coronavirus have been registered worldwide, according to a tally compiled by AFP at 0530 GMT Thursday from official sources.

Of the 1,502,478 infections, 87,320 people have died across 192 countries and territories since the epidemic first emerged in China late last year.

The tallies, using data collected by AFP from national authorities and information from the World Health Organization (WHO), probably reflect only a fraction of the actual number of infections. Many countries are only testing the most serious cases.

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News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

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News Network
May 29,2020

Washington, May 29: Reiterating his offer to mediate on the border dispute between India and China, US President Donald Trump has said that he spoke with Narendra Modi about the "big conflict" and asserted that the Indian Prime Minister is not in a "good mood" over the latest flare-ups between the two countries.

Speaking with the reporters in the Oval Office of the White House on Thursday, Trump said a "big conflict" was going on between India and China.

"I like your prime minister a lot. He is a great gentleman," the president said.

"Have a big conflict …India and China. Two countries with 1.4 billion people (each). Two countries with very powerful militaries. India is not happy and probably China is not happy," he said when asked if he was worried about the border situation between India and China.

"I can tell you; I did speak to Prime Minister Modi. He is not in a good mood about what is going on with China," Trump said.

A day earlier, the president offered to mediate between India and China.

Trump on Wednesday said in a tweet that he was "ready, willing and able to mediate" between the two countries.

Responding to a question on his tweet, Trump reiterated his offer, saying if called for help, "I would do that (mediate). If they thought it would help" about "mediate or arbitrate, I would do that," he said.

India on Wednesday said it was engaged with China to peacefully resolve the border row, in a carefully crafted reaction to Trump's offer to arbitrate between the two Asian giants to settle their decades-old dispute.

"We are engaged with the Chinese side to peacefully resolve it," External Affairs Ministry Spokesperson Anurag Srivastava said, replying to a volley of questions at an online media briefing.

While the Chinese Foreign Ministry is yet to react to Trump's tweet which appears to have caught Beijing by surprise, an op-ed in the state-run Global Times said both countries did not need such a help from the US President.

"The latest dispute can be solved bilaterally by China and India. The two countries should keep alert on the US, which exploits every chance to create waves that jeopardise regional peace and order," it said.

In Beijing, Chinese Foreign Ministry spokesman Zhao Lijian said on Wednesday that both China and India have proper mechanisms and communication channels to resolve the issues through dialogue and consultations.

Trump previously offered to mediate between India and Pakistan on the Kashmir issue, a proposal which was rejected by New Delhi.

The situation in eastern Ladakh deteriorated after around 250 Chinese and Indian soldiers were engaged in a violent face-off on the evening of May 5 which spilled over to the next day before the two sides agreed to "disengage" following a meeting at the level of local commanders.

Over 100 Indian and Chinese soldiers were injured in the violence.

The incident in Pangong Tso was followed by a similar incident in north Sikkim on May 9.

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