Sharif rakes up Kashmir issue at UN, blames India for cancelling talks

September 27, 2014

NawazSharifUnited Nations, Sep 27: Pakistan Prime Minister Nawaz Sharif today raked up the Kashmir issue at the UN General Assembly here and blamed India for "another missed opportunity" to address outstanding issues by canceling the Foreign Secretary-level talks. Asserting that a "veil" cannot be drawn over the "core" issue of Kashmir, he said Pakistan is ready to work for resolution of this problem through negotiations.

"Our support and advocacy of the right to self-determination of the people of Jammu and Kashmir is our historic commitment and a duty, as a party to the Kashmir dispute," he said while addressing the annual UN General Assembly session.

Needling India, Sharif said that more than six decades ago, the UN had passed resolutions to hold a plebiscite in Jammu and Kashmir. "The people of Jammu and Kashmir are still waiting for the fulfillment of that promise," he said.

"Many generations of Kashmiris have lived their lives under occupation, accompanied by violence and abuse of their fundamental rights. Kashmiri women, in particular, have undergone immense suffering and humiliation," he said. For decades, attempts have been made, both under UN auspices and bilaterally in the spirit of the Lahore Declaration, to resolve this dispute, he said.

"The core issue of Jammu and Kashmir has to be resolved. This is the responsibility of the international community. We cannot draw a veil on the issue of Kashmir, until it is addressed in accordance with the wishes of the people of Jammu and Kashmir," Sharif told the gathering.

India had called off the Foreign Secretary-level talks in August after Pakistan High Commissioner Abdul Basit met Kashmiri Hurriyat leaders in New Delhi, ignoring India's warning not to meet the separatist leaders.

In his address, Sharif said, "We were disappointed at the cancellation of the Foreign Secretary-level talks. The world community, too, rightly saw it as another missed opportunity "Pakistan is convinced that we must remain engaged in the dialogue process for settling disputes and building economic and trade relations. Let us not ignore the dividends of peace."

Both India and Pakistan have separately stated that there was no planned meeting of Sharif and Prime Minister Narendra Modi on the margins of the UN session. Sharif, however, gave enough indications that Pakistan was not averse to resumption of the dialogue process with India.

"Pakistan is ready to work for resolution of this problem through negotiations," he added. Sharif said that it is his government's "aspiration and effort" to build a peaceful neighborhood by pursuing a policy of constructive engagement.

"In South Asia, our people have missed opportunities for prosperity because of unresolved conflicts. We have a choice today: continue with the status quo or to seize the moment to resolve all outstanding issues and free up our shared energies for cooperation. To take this course of high statesmanship, we need more, not less, dialogue and diplomacy. We need to respect each other's rights and sensibilities. We must have relationships based on equality, mutual respect and transparency," he said.

Sharif said that as a "responsible" nuclear weapon state, Pakistan will continue to support the objectives of nuclear disarmament and non-proliferation; and pursue a policy of nuclear restraint and credible minimum deterrence.

"Pakistan is not participating in any arms race in the region. Yet we cannot be oblivious to the emerging security scenarios and buildup of armaments. We too, have the obligation to maintain a robust and reliable deterrence," he said.

Condemning terrorism, Sharif told the UN General Assembly that his country is fighting terrorism "planted" on its soil and has resolved to fight the "scourge" to the finish. "We condemn terrorism in all its forms and manifestations. We are fighting terrorism planted on Pakistan's soil. Our valiant soldiers are laying down their lives to take out terrorists and tear down their evil networks. The entire nation is behind them," Sharif said.

He said that in the past 13 years, Pakistan "as a frontline state" has sacrificed tremendously due to terrorism. "Over 50,000 people have lost their lives and thousands have suffered serious injuries. Our economy has lost hundreds of billions of dollars in direct costs and denied investment opportunities...It is the resolve of our nation to fight this scourge to the finish," he said.

Stating that Pakistan remains committed to forging a deeper bilateral relationship with Afghanistan on the basis of equal security and shared prosperity, Sharif said, "Our two nations confront common challenges, which call for greater cooperation and understanding between our two nations. I congratulate the people of Afghanistan over the successful completion of the electoral process and offer our warm felicitations and good wishes to the new Afghan leadership."

"It is our earnest hope that these landmark processes would culminate in the emergence of a stronger, more stable, and unified Afghanistan. We also hope that the process of inclusive Afghan-led and Afghan-owned reconciliation would move forward, contributing to greater harmony, stability and prosperity in Afghanistan," he added.

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
May 6,2020

Washington, May 6: At a time when the coronavirus pandemic has squeezed them, multi-national companies in America are laying off workers while paying cash dividends to their shareholders. Thus making the workers bear the brunt of the sacrifices while the shareholders continue to collect.

The Washington Post said in one of its reports that five big American companies have paid a combined USD 700 million to shareholders while cutting jobs, closing plants and leaving thousands of their workers filing for unemployment benefits.

Since the pandemic was declared an emergency, Caterpillar has suspended operations at two plants and a foundry, Levi Strauss has closed stores, and toolmaker Stanley Black & Decker has been planning layoffs and furloughs.

Steelcase, an office furniture manufacturer, and World Wrestling Entertainment have also shed employees.

Executives of those companies told the Post that the layoffs support the long-term health of their companies, and often the executives are giving up a piece of their salaries. Furloughed workers can apply for unemployment benefits.

But distributing millions of dollars to shareholders while leaving many workers without a paycheck is unfair, critics argue, and belies the repeated statements from executives about their concern for employees' welfare during the coronavirus crisis.

Caterpillar, for example, announced a USD 500 million distribution to shareholders April 8, about two weeks after indicating that operations at some plants would stop. The company however declined to divulge how many workers are affected.

"We are taking a variety of actions globally, but we aren't going to discuss the number of impacted people," spokeswoman of the company, Kate Kenny, said in a reply to an email by the Post.

This spate of dividends is also likely to revive long-standing debates about economic rewards.

"There are no hard-and-fast rules about this," said Amy Borrus, deputy director of the Council of Institutional Investors, a group that argues for shareholder rights and represents pension funds and other long-term investors.

Many large US companies choose to issue a regular, quarterly dividend to shareholders, often increasing it, and they boast about these payments because they help keep the share price higher than it might otherwise be. Those companies might be reluctant to announce that they are cutting or suspending their dividend during a crisis, Borrus was further quoted as saying.

But "companies have to be mindful of the optics of paying dividends if they're laying off thousands of workers," she added.

On March 26, Caterpillar had announced that because of the pandemic, it was "temporarily suspending operations at certain facilities." Two plants, in East Peoria, Ill., and Lafayette, Ind., were coming to a halt, as well as a foundry in Mapleton, Ill., according to news reports.

"We are taking a variety of actions at our global facilities to reduce production due to weaker customer demand, potential supply constraints and the spread of the covid-19 pandemic and related government actions," Kenny said via email.

"These actions include temporary facility shutdowns, indefinite or temporary layoffs," she added.

Similarly, Levi Strauss announced April 7 that the company would stop paying store workers, and about 4,000 are now on furlough. On the same day, the company announced that it was returning USD 32 million to shareholders.

"As this human and economic tragedy unfolds globally over the coming months, we are taking swift and decisive action that will ensure we remain a winner in our industry," Chip Bergh, president and chief executive of the company, also told the Post.

Stanley Black & Decker announced on April 2 that it was planning furloughs and layoffs because of the pandemic. Two weeks later, it issued a dividend to shareholders of about USD 106 million.

The notion that a company's primary purpose is to serve shareholders gained prominence in the 1980s but has come under attack in recent years, even from business executives, the newspaper reported.

Corporate decisions to suspend dividends and buybacks are complex, however, and it is difficult to know whether these suspensions of dividend and buyback programs were motivated by a desire to conserve cash in anticipation of bad times, and how much they are prompted by a sense of obligation to employees.

Over recent decades, the mandate to "maximize shareholder value" has become orthodoxy, for many, and it is often unclear what motivates companies to pare dividends or buybacks for shareholders, said William Lazonick, an emeritus economics professor at the University of Massachusetts at Lowell, who has been one of the leading critics of companies that distribute cash to shareholders through stock buybacks and dividends rather than reinvesting the profits into employees, innovation and production.

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.
Agencies
July 21,2020

Washington, Jul 21: Democrat Joe Biden urged Muslim Americans on Monday to join him in the fight to defeat President Donald Trump as he addressed an online summit hosted by the advocacy organisation Emgage Action to mobilise Muslim voters ahead of the presidential election.

I want to earn your vote not just because he's not worthy of being president, the presumptive presidential nominee told participants.

I want to work in partnership with you, make sure your voices are included in the decision-making process as we work to rebuild our nation.

Biden also reiterated a pledge to overturn a Trump administration ban on travelers from several predominantly Muslim countries, calling it vile.

Wa'el Alzayat, CEO of Emgage Action, said by email that the organisation was seeking to maximise Muslim American turnout in key battleground states.

In Michigan alone one of the states where the organisation has chapters and where Trump won in 2016 by fewer than 11,000 votes he said he believed there are more than 150,000 registered Muslim voters.

Several prominent Muslim American elected officials endorsed Biden for president in a letter organised by Emgage Action ahead of the summit.

Among those who signed the letter are Minnesota Rep. Ilhan Omar, Minnesota Attorney General Keith Ellison and Indiana Rep. Andre Carson, all Democrats.

Omar, one of the first Muslim women elected to Congress, served as a high-profile surrogate for Bernie Sanders before he exited the presidential race in April making her support for Biden potentially helpful as the former vice president seeks to mobilise Muslim voters this fall.

Muslim American voices matter to our communities, to our country, Biden said.

But we all know that your voice hasn't always gotten recognised or represented.

Emgage Action has titled the event Million Muslim Votes, underscoring its emphasis on boosting Muslim turnout in November.

Joe Biden's presence serves not only to galvanise Muslim Americans to cast their ballots, but to usher in an era of engaging with Muslim American communities under a Biden administration, Alzayat said by email before the summit.

The pro-Biden letter from Muslim American elected officials decried a number of Trump's domestic and international policies, including his administration's travel ban and his pullout from the Iran nuclear deal.

A Biden administration will move the nation forward on many of the issues we care about, the letter said, citing racial justice, affordable health care, climate change and immigration.

The Muslim American officials also praised Biden's agenda for their communities.

Among other goals, Biden has vowed to rescind the travel ban affecting Muslims on Day One if he's elected.

In his address, he pledged to include Muslim American voices in his administration, if elected, and to speak out against human rights abuses against Muslim minorities around the world.

I'll continue to champion the rights of Palestinians and Israelis to have a state of their own as I have for decades, each of them a state of their own, he said.

Other state- and local-level Muslim American officials signing onto the pro-Biden letter hail from several states, including Michigan.

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
May 24,2020

Islamabad, May 24: Pakistan recorded 32 coronavirus-related deaths during the last 24 hours, taking the total number of fatalities in the country to 1,133, the health ministry said on Sunday.

The total number of COVID-19 patients in Pakistan also jumped to 54,601, it said.

Read: Coronavirus India update: State-wise total number of confirmed cases, deaths

Sindh reported the maximum number of 21,645 coronavirus cases, followed by Punjab at 19,557, Khyber-Pakhtukhwa at 7,685, Balochistan at 3,306, Islamabad at 1,592, Gilgit-Baltistan at 619 and Pakistan-occupied Kashmir (PoK) at 197.

According to the health ministry, 17,198 coronavirus patients have recovered and 473,607 tests, including 12,915 in the last 24 hours, have been conducted so far.

The government also issued strict instructions to observe social distancing while offering Eid prayer and asked people to avoid visiting relatives and hosting parties.

Eid congregations were held at open places, mosques and Eidgahs in all major cities and towns while following strict standard operating procedures (SOPs) of social distancing and other precautionary measures.

Pakistan Prime Minister's Special Assistant on Health Zafar Mirza on Friday said the deadly infection would continue to multiply if precautions are not taken.

Earlier this month, the government had announced the lifting of the countrywide lockdown imposed to curb the spread of the virus in phases, even as infections continued to rise in the country.

Prime Minister Imran Khan had cited the economic havoc the virus restrictions had wreaked on citizens as the reason behind the decision.

The prime minister on Saturday urged Pakistanis to forgo traditional Eid festivity in view of the hundreds of fatalities caused by the coronavirus and the lives lost in Friday's plane crash in Karachi.

Ninety-seven people, including nine children, were killed and two passengers miraculously survived a fiery crash when a Pakistan International Airlines plane with 99 travellers on board plunged into a densely populated residential area near the Jinnah International Airport in Karachi. Most of the victims were travelling home to celebrate Eid.

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.