Stop state-sponsored terrorism, India and UAE tell the world

February 13, 2016

New Delhi, Feb 13: India and the UAE have strongly condemned state sponsors of terrorism and use of terrorism as a state policy, according to a joint issued on Friday, the concluding day of the three-day visit to India of Crown Prince of Abu Dhabi and Deputy Commander of the USE Armed Force Sheikh Mohamed bin Zayed Al Nahyan.

UAE copy

The statement said that both Prime Minister Narendra Modi and Sheikh Mohamed “strongly condemned extremism and terrorism in all of their forms and manifestations, irrespective of who the perpetrators are and of their motivations”.

“They reiterated that any justification for terrorism and any link between extremism or terrorism and religion should be strongly rejected by the international community,” it stated.

“They reiterated their condemnation for efforts, including by states, to use religion to justify, support and sponsor terrorism against other countries, or to use terrorism as instrument of state policy.”

The statement also deplored efforts by countries to give religious and sectarian colour to political issues and pointed out the responsibility of all states to control the activities of the so-called “non-state actors”, and to cut all support to terrorists operating and perpetrating terrorism from their territories against other states.

“The two sides deplored the use of double standards in addressing the menace of international terrorism and agreed to strengthen cooperation in combating terrorism both at the bilateral level and within the multilateral system,” it stated.

“In the context of the growing phenomenon of religious intolerance and radicalisation being witnessed worldwide, the two leaders commended each other on their efforts to build pluralistic societies based on universal values of humanity and peaceful co-existence among different faiths and communities.”

On the business and economic front, the Gulf nation expressed its interest in investing in infrastructure development in India, especially in priority areas such as railways, roads, ports, and shipping.

During the visit of Modi to the UAE in August last year, the first by an Indian prime minister in 34 years, the Gulf nation committed $75 billion in investments in India’s infrastructure sector.

In Friday’s statement, the two leaders welcomed the signing of a framework memorandum of understanding (MoU) between which would serve to facilitate and expand the participation of UAE investors in infrastructure projects in India.

“The two sides described these developments as important steps towards reaching the USD 75 billion target for UAE investments in India’s infrastructure development plans,” it said.

India also thanked the UAE for showing interest in the proposal for establishing a semiconductor fabrication facility in India.

“The two sides agreed to further business-to-business cooperation in information technology (IT), information technology-enabled services (ITeS), and electronics system design and manufacturing (ESDM),” the statement said.

Both countries also agreed to enhance cooperation in space science and space technology and to explore a long-term plan to identify cooperation projects in areas of mutual interest.

With energy being the central pillar of the economic relationship between the two countries, the Modi and Sheikh Mohamed expressed satisfaction at their growing bilateral trade in the energy sector.

“They welcomed the intention of the Abu Dhabi National Oil Company (Adnoc) and the Indian Strategic Petroleum Reserves Ltd. (ISPRL) to sign a memorandum of understanding on the establishment of a strategic petroleum eeserve in India, and agreed to conclude negotiations in the near future,” the statement said.

“The two sides looked forward to increased cooperation in the crude oil sector, including through training, and human resources development. The Indian side conveyed the keen interest of Indian oil companies in forming joint ventures with and offering equity participation to UAE companies, as well as in seeking participation in prospective exploration rounds in the UAE and in opportunities for joint exploration in third countries.”

On climate change, the two leaders noted that the development of sustainable sources of energy was a shared strategic priority.

In the area of defence cooperation, the two sides renewed their commitment to strengthening the existing cooperation in training, and joint exercises as well as identifying opportunities to cooperate on the production of defence equipment in India.

“The two leaders agreed to enhance cooperation to strengthen maritime security in the Gulf and the Indian Ocean region, which is vital for the security and prosperity of both countries,” the statement said.

The Abu Dhabi also appreciated the role and contribution that the Indian community has made to the UAE’s development, noting that Indian citizens in the UAE were highly respected for their peaceful and hard-working ethics.

There are around 2.6 million expatriate Indians in the UAE, around 60 percent of whom are blue collar workers.

Comments

awadh kham mohammed
 - 
Saturday, 13 Feb 2016

US asks Pak to stop state sponsored terrorism. But sells it latest fighter-planes. It just means: You can beat your donkey & feed it too

kumaraswamy aikal
 - 
Saturday, 13 Feb 2016

India welcomes Pak's pledge to fight militants, but does not believe state sponsored Terrorism via Taliban will stop

wahid baig
 - 
Saturday, 13 Feb 2016

If u want to defeat terrorism fight state sponsored first . Stop arming .identify terror groups & expose warmongers .make peace strategic option

manish machado
 - 
Saturday, 13 Feb 2016

Indians are already a victims of similar attack bcoz of state sponsored terrorism by Pakistan, cowardly act must stop, saddening

mehafuz
 - 
Saturday, 13 Feb 2016

You have to stop state sponsored terrorism before any peace is viable-you have to get off your backside & fight for it.

mehafuz
 - 
Saturday, 13 Feb 2016

India stop state sponsored terrorism in Nepal.

karan johar
 - 
Saturday, 13 Feb 2016

won't stop until state sponsored terrorism stops which won't happen anytime soon.

shaid kahan
 - 
Saturday, 13 Feb 2016

All countries of the world must oppose the terrorism in one voice.It is time to stop state sponsored all types of terrorism too
0 retweets 0 likes

shainy shah
 - 
Saturday, 13 Feb 2016

we must demand that our government stop the state sponsored terrorism in order to achieve political goals

shainy shah
 - 
Saturday, 13 Feb 2016

No one who ever cites the UN resolution ever calls for one to stop state sponsored terrorism, which begs the question who started what & when

ayesha
 - 
Saturday, 13 Feb 2016

how is that feasible to stop when terrorism is state sponsored option & actors have been getting away with it 4 decades

mohammed bin t…
 - 
Saturday, 13 Feb 2016

First stop state-sponsored #terrorism and human rights abuses in SaudiArabia

Mohammed shah
 - 
Saturday, 13 Feb 2016

Let's seriously STOP funding State-Sponsored Terrorism Israel lobbies to cut ICC funding

jeevan
 - 
Saturday, 13 Feb 2016

Stop state sponsored terrorism & corruption. Live and let live.

prakash
 - 
Saturday, 13 Feb 2016

Remember that: For the first time a country asked India to stop state sponsored terrorism. Bangladesh pointed out at WB Gov.

Divya
 - 
Saturday, 13 Feb 2016

U.S must stop repeating this rotten statement n pressurize Pakistan to end state sponsored cross border terrorism

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News Network
May 9,2020

May 9: Two more companies are said to be eyeing stakes in Reliance Jio Platforms, the $65-billion digital unit of Mukesh Ambani-controlled Reliance Industries, suggests a Bloomberg report. If these deals materialise, they would add to a growing list of firms that have recently invested in the Indian company.

US private equity firm General Atlantic was considering investing about $850 million to $950 million in the Mumbai-based company, a Bloomberg report said, citing people with knowledge of the matter.

The deal could be completed as soon as this month, though no agreement had been finalised and plans may change, it added.

Saudi Arabia's Public Investment Fund (PIF) is also considering to buy a minority stake in Jio, Bloomberg said in a separate report.

General Atlantic declined to comment on the report, while Jio and PIF did not immediately respond to Reuters request for comment. Hours earlier on Friday, Reliance Industries announced a $1.5 billion stake sale in Jio to Vista Equity Partners, the third deal in just over two weeks.

The conglomerate cut a $5.7 billion deal with Facebook for a 9.99 per cent stake in Jio on April 22 and a few days later, it secured a $750 million investment from private equity firm Silver Lake.

Together the three deals will inject a combined $8 billion in the telecoms-to-energy group and help it pare its debt.

Vista's investment gave Jio an equity value of Rs 4.91 trillion ($65 billion) and an enterprise value of Rs 5.16 trillion, said Reliance, controlled by billionaire tycoon Mukesh Ambani.

The potential investments from New York-based General Atlantic and the Saudi sovereign wealth fund, which manages over $300 billion in assets, would inject money on top of the $8 billion which Jio has already raised.

Saudi's PIF has been buying minority stakes several companies. Last month, it disclosed an 8.2 per cent stake in coronavirus-hit Carnival Corp, sending the cruise operator's shares up nearly 30 per cent higher.

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News Network
January 7,2020

Mumbai, Jan 7: Facing criticism from social media and political quarters for holding a 'Free Kashmir' poster during a protest against violence at Jawaharlal Nehru University (JNU), Mehak Prabhu, a Mumbai-based storyteller, on Tuesday clarified that she meant to highlight the restrictions imposed in Jammu and Kashmir and wishes to see peace in the region, adding she had no other motive behind her actions.

"At around 7 pm yesterday, I reached where the protest was happening at the Gateway of India. Like anybody else who believes in democracy, I also joined that protest. We were standing for justice to the JNU students," Prabhu said in a video posted on Facebook.

"I saw a bunch of people who were painting placards on every issue like NRC, CAA and for JNU students. There was a placard lying on the side which said 'Free Kashmir'. The first thing which came to my mind when I saw that placard was about the basic constitutional rights of Kashmiris," she said.

Prabhu also said that she was not a Kashmiri and was brought up in Mumbai. She outlined that she was standing with a flower in her hand and asserted that the entire matter was "completely blown out of proportion".

"I was quietly standing with a flower in my hand. This means we need to make peace together. That was my only intention in holding that placard. The narrative that has been put out is absolutely wrong," she said, describing the reactions to the matter was "crazy".

The Mumbai-based storyteller underlined that the incident is scary and urged the people to spread the words of what she said and not hatred.

"The way it has gone, it is very scary. I am a simple person. As a woman, it is very scary for my safety right now. Spread this side of my story and let's stop it here. Let us not spread the hate. It has happened to me, it can happen to anyone. We should not live in fear," Prabhu further said.

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News Network
January 27,2020

Jan 27: Bidders for Air India Ltd. will need to absorb $3.26 billion of its debt, as Prime Minister Narendra Modi’s administration tries once again to sell the national carrier.

The entire company will be sold but effective control needs to stay with Indian nationals, according to preliminary terms published Monday. Bids are invited by March 17 with Ernst & Young LLP India as transaction adviser.

Air India, which started in 1932 as a mail carrier before winning commercial popularity, saw its fortunes fade with the emergence of cutthroat low-cost competition. The state-run airline has been unprofitable for over a decade and is saddled with more than $8 billion in debt.

Indian regulations allow a foreign airline to buy as much as 49% of a local carrier, while overseas investors other than airlines can buy an entire carrier. The government didn’t find a single bidder when it tried to sell Air India in 2018.

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