Terrorism one of the foremost threats to global peace, says Sushma

Agencies
April 5, 2018

Baku, Apr 5: Terrorism is one of the foremost threats to international peace and security as it maims and kills "our citizens", and undermines the ability to attain development goals, External Affairs Minister Sushma Swaraj said on Thursday.

Addressing the 18th mid-term ministerial meeting of the Non-Aligned Movement (NAM) here, Sushma also pushed for reforms of the United Nations Security Council.

She said that no effort to reform the UN will be complete without reforms of the United Nations Security Council.

India had been strongly pushing for completing the long-pending reforms of the powerful Security Council.

Sushma said that terrorism is one of the foremost threats to international peace and security.

"It maims and kills our citizens and undermines our ability to attain our development goals.

"Unfortunately, the talks about combating terrorism have not been matched by our actions. The strengthening and implementation, without double standards of existing international laws and mechanisms to fight the menace of terrorism is an imperative," the minister said.

The meeting was chaired by Jorge Arreaza, Foreign Minister of the Bolivarian Republic of Venezuela.

In 1996, India proposed a Comprehensive Convention on International Terrorism (CCIT) as a way to strengthen the existing legal framework. Yet after more than two decades, discussions have made little progress even while terrorists continue to operate with greater impunity and inhumanity, the minister said.

"As a first step, let us renew our commitment to finalise the CCIT. NAM countries must galvanise the international community towards this goal," Sushma said.

At the last UN General Assembly High Level segment, a strong desire was voiced by the international community for change and reforms at the United Nations, she said.

"To date, the Inter-Governmental Negotiation process, has been carefully nurtured into a credible collective process for negotiation on this important subject.

"The time has come to move to the next phase and commence text-based negotiations a demand made by an overwhelming majority of UN members including most NAM members," she said.

"India's support to the Palestinian cause has been a reference point of our foreign policy. At this juncture, this would be a good way for NAM to manifest its solidarity with the Palestinian people," Sushma said.

At the recent meeting in Rome to deal with the financial crisis faced by the United Nations Relief and Works Agency (UNRWA), India decided to increase its contribution to the UNRWA budget from $1 million to $ 5 million, on a multiple year basis, in view of the dire financial crisis that this body now faces.

"The challenges we face today such as nuclear escalation, armed conflict, refugee flows, terrorism, poverty and worsening environmental degradation all require more effective multilateralism. The fundamental values and principles on which the Non Aligned Movement is based are, therefore, even more relevant today.

"In 2015, we adopted the Sustainable Development Goals (SDGs) to find solutions of the developmental challenges we face. We also promised that no one will be left behind. Genuine global partnerships have to be forged if the SDGs are to be achieved. Financing for Development is, therefore, of utmost importance to NAM countries," Sushma said.

Protecting the environment of the planet is a moral responsibility. Global action on the basis of the principle of common but differentiated responsibilities and respective capabilities is now an even greater imperative, she said.

India along with France launched the International Solar Alliance through which more than 60 countries have joined to promote greater use of solar energy, she said.

"Finding energy sources that are cost-effective, environmentally sustainable will be vital for achieving our SDGs, while ensuring that we protect mother Earth for future generations," Sushma said.

NAM has been a votary of universal, non-discriminatory and verifiable nuclear disarmament and of pursuit of that goal through multilateralism.

India remains committed to the shared goal of the global elimination of nuclear weapons, Sushma added.

Comments

Abdullah
 - 
Thursday, 5 Apr 2018

Modi & RSS Terrprists are the Threat to Indian peace.

Wellwisher
 - 
Thursday, 5 Apr 2018

Mr.Sushma you are correct,  Please  brief your opinion and knowledge about terroris.

1. What is th meaning of terrorism

2. To whom you will call a terrorist

3. What to call the groups, which always ignite communal clash and attacke one inncoents

Hope you will give a respectful  explanation.

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
March 10,2020

Mar 10: Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.

The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to No. 2 on the list of Asia’s richest people, according to the Bloomberg Billionaires Index. Ma, the Alibaba Group Holding Ltd. founder who relinquished the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani.

Oil plunged the most in 29 years on Monday as Saudi Arabia and Russia vowed to pump more in a struggle for market share. The slump comes just as the coronavirus is spurring the first decline in demand in more than a decade. That raises questions about whether Ambani’s flagship Reliance Industries Ltd. will be able to cut net debt to zero by early 2021, as he has pledged. The plan hinges on a proposal to sell a stake in the group’s oil and petrochemicals division to Saudi Arabian Oil Co., the world’s biggest crude producer.

While the coronavirus has curtailed some of tech giant Alibaba’s businesses, the damage has been mitigated by increased demand for its cloud computing services and mobile apps.

Reliance Industries, by comparison, has no such silver lining. The Indian conglomerate’s shares plunged 12% on Monday, the most since 2009, extending this year’s decline to 26%. Alibaba’s American depositary receipts have slipped 6.8% so far in 2020.

Ma reclaims crown after Reliance shares were pummeled in 2020.

Few of the world’s billionaires fared well in Monday’s collapse as the S&P 500 Index and Dow Jones Industrial Average each plunged more than 7.5%, the most since the 2008 financial crisis, threatening to end the longest bull market in history. But no one did worse than those whose fortunes are underpinned by oil. Wildcatter Harold Hamm’s fortune was cut almost in half to $2.4 billion and fellow oil magnate Jeff Hildebrand lost $3 billion, bumping both from Bloomberg’s 500-member wealth ranking.

In a pivot toward new businesses such as telecommunications, technology and retail, Ambani’s Reliance Industries has piled on billions of dollars of debt over the years.

It spent almost $50 billion -- most of it funded by borrowings -- to build Reliance Jio Infocomm Ltd., which became India’s No. 1 wireless carrier within about three years of its debut. As the mobile venture took off, Ambani also unveiled plans for an e-commerce empire to rival Amazon.com Inc. in India.

Addressing concerns over the liabilities, Ambani pledged in August to cut the group’s net debt to zero from about $21 billion as of last March. The Aramco deal is crucial to that plan for which Reliance Industries has valued its oil-to-chemicals division at $75 billion including debt, implying a $15 billion valuation for the 20% stake that’s for sale.

Signs of a potential delay to that deal unnerved some investors, hammering the stock since it touched a record high on Dec. 19.

Reliance Industries expected the Aramco transaction to be completed by March, but people familiar with the matter said in February that talks were still ongoing to bridge differences between the two parties over the deal’s structure.

Adding to the uncertainty, Indian Prime Minister Narendra Modi’s administration has petitioned a court to halt the proposed stake sale, threatening a key source of funds needed to pare net debt.

But Ambani, 62, may soon bounce back from the setback, said Harish H.V., managing partner at ECube Investment Advisors in Bengaluru, India.

“The game isn’t over,” he said. “Ambani has successfully built a robust business model which would keep him in the game. Moreover, his telecom business will start yielding results in coming years.”

Comments

SmR
 - 
Tuesday, 10 Mar 2020

The curses of the bank depositors savings which vanished with collapsing economy and fraudlent seems to have gradully affecting riches of Ambani's.

 

AU
 - 
Tuesday, 10 Mar 2020

in Holy Quran Allah says; but they plan and Allah plans, and Allah is the best planners..(Surah Al Anfal 8:30)

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
March 10,2020

Thiruvananthapuram, Mar 10: Senior Congress leader Shashi Tharoor on monday thanked PM Narendra Modi  for extending birthday wishes to him in malayalam.

"Thank you, Prime Minister Narendra Modi, for this elaborate birthday greeting in shudh sahitya Malayalam! Am touched by your thoughtfulness," Tharoor tweeted with a picture of the letter from Modi.

In another tweet, the Congress MP also posted its translation, that reads,

Tharoor, who is an MP from Thiruvananthapuram, turned 64 on march 9.

Comments

SmR
 - 
Tuesday, 10 Mar 2020

Is he next Scindia waiting to board the BJP ship?

 

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
February 1,2020

New Delhi, Feb 1: Activist Sharjeel Imam's mobile phone and laptop along with some anti-CAA posters have been seized from his house in Bihar's Jehanabad and rented flat in Vasant Kunj, police said on Friday.

Imam was arrested by the Delhi Police's Crime Branch from Jehanabad in a sedition case and he is being questioned by police for his alleged inflammatory speeches in Aligarh and at the Jamia Millia Islamia University here.

During investigation, a laptop and a desktop belonging to Imam were recovered from his rented flat at Vasant Kunj, Deputy Commissioner of Police (Crime) Rajesh Deo said.

His mobile phone was recovered from his house at his native place in Jehanabad's Kako area on the instance of his brother, he said.

Imam had prepared anti-CAA and anti-NRC pamphlets with "misleading and intimidating facts" and then distributed them in various mosques, the copy of which have been recovered, police said.

The shop from where he made photocopies of the pamphlets has also been identified, they added.

Imam was arrested on Tuesday. He was brought to Delhi on Wednesday and produced at the residence of Chief Metropolitan Magistrate Purushottam Pathak in the evening amid tight security after which police were granted his five-day custody.

The PhD scholar at the Jawaharlal Nehru University's Centre for Historical Studies has been booked for sedition and other charges in several states after videos of his alleged inflammatory speeches, made during protests against the Citizenship (Amendment) Act (CAA), were circulated on the social media.

An FIR was registered against Imam by the Delhi Police on January 25 under IPC sections 124A (sedition) and 153A (promoting or attempting to promote disharmony or feelings of enmity on grounds of religion, race, place of birth, residence, language, caste or community or any other ground whatsoever) among others.

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.