Tillerson's speech set tone of India-US bilateral ties for 100 yrs: official

Agencies
October 19, 2017

Washington, Oct 19: Secretary of State Rex Tillerson in his first major India-policy speech set the tone of bilateral relationship between India and the US for 100 years, a State Department official said, observing that the talk had many audiences, including China.

"China's obviously an audience of the speech. But this is a speech, obviously, which we hope all countries in the Indo- Pacific region will take to heart, that the Secretary and the President has placed a priority," a State Department official told reporters.

He was speaking after Tillerson described India as an opportunity for the US.

"It's a speech that was designed for many audiences," the official said.

Noting that a free and open Indo-Pacific is a priority for both the President and the Secretary of State, the official said, because India is one of the anchors of an Indo-Pacific strategy, the Trump Administration wants to devote a lot of time to this country.

Tillerson is travelling to India next week. President Donald Trump is scheduled to travel to Japan, South Korea, China, Vietnam and Philippines next month.

"So that's the reason for the speech today; there are many audiences for this. But we really view this as a speech with a global audience," the official said.

The speech on US-India relations for the next hundred years to implement President Trump's new strategy for South Asia is culmination of several months of deliberation within the national security cabinet on the best approach to address challenges in South Asia and on the opportunities.

"The Trump Administration considers India as an opportunity and he wanted to present extended remarks and reflections on many ways that US can deepen its ties with India for the next hundred years, and how it is a critical component to a free and open Indo-Pacific," the official said.

"There is a lot of bilateral benefits that follow deepening economic, cultural, diplomatic, and security ties with India. But there are a range of benefits that also follow for the region, the Indo-Pacific region," the State Department official said.

China has risen alongside India, but China has done so less responsibly and China has undermined the international rules-based order while countries like India operate within this rules-based order, the official said.

"We obviously want constructive relations with China. The Secretary is in regular contact with Chinese leadership. But we are not going to shrink or ignore China's challenges to the rules-based order, or where China subverts the sovereignty of neighboring countries," the official said.

"What we like is for many decades, the US has supported China's rise, we have also supported India's rise, but those two countries have risen very differently," the official said.

As Tillerson said about the shared values, shared security, shared national security interests, shared economies, shared democracies, this is a great friendship that US wants to expand and deepen on all areas.

The official argued that there are good reasons bilaterally for the US and India to deepen its ties, but there are opportunities to grow the connectivity in the region.

Referring to the India-US and Japan tri-lateral in New York last month, the official said Japan is very supportive of a free and open Indo-Pacific.

"I've had many consultations with the Japanese about this. We have also talked with the Australians, and we envision a quadrilateral sort of -- an anchoring - the Indo- Pacific anchored by these four countries of Australia, the US, India, and Japan, he said.

While the speech was mostly about India, the subtitle of the speech was "The Foundations of a Free and Open Indo- Pacific."

"So that's what he talked about, including financing mechanisms, and he did talk about some of the predatory economics that we see in the area, and you have countries that are looking for better financing mechanisms and better partners, and we believe that countries like the US and India are those partners," the official said.

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News Network
March 5,2020

Bharuch, Mar 5: Vijay Kumar, a resident of the Tamil Nadu has sought help from his friend Abdulkhuda Mohd Hanif Shaikh who is residing in Gujarat to build a temple in his village.

Abdulkhuda Mohd Hanif Shaikh, who also belongs to Tamil Nadu's Paraipatti village and has been residing in Gujarat' Bharuch for a decade has collected Rs 3 lakh from his friends as a donation to build the temple in Paraipatti village in Dindigul district.

"They'd told me 4 months ago and came to me 10 days back. From Vapi to Mehsana, there are several Madrasis, even here in the village too. I personally went to them and collected around Rs 3 Lakh," Shaikh said.

Vijay Kumar said that he stayed in Gujarat for ten days and collected Rs 3 Lakh with him.

"I had sought help from him. I stayed here in Gujarat for 10 days, and went with him from people to people and collected Rs 3 Lakh. No one lives like Hindus or Muslims in our village, everyone lives like friends," he said.

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News Network
June 23,2020

New Delhi, Jun 23: In an unexpected development, the pump price of diesel is all set to surpass the petrol price in the capital, making it the most expensive transport fuel for the first time in a long time.

Globally, diesel is priced slightly above petrol prices due to the very nature of the product that has a higher cost of production. But in India, due to the lopsided taxation structure, diesel attracts lesser of the tax between the two auto fuels keeping its prices lower than petrol for last several years.

Diesel is currently priced at Rs 79.40 a litre in the Capital, just 36 paise short of petrol price that is being retailed at Rs 79.76 a litre. Going by the trend of price movement in the two products for the last few days where diesel prices have consistently increased by 50-60 paise per litre while the daily increase in petrol prices have fallen to just 20 paise on Tuesday, it is set to surpass petrol prices in next few days.

"Diesel price movement is sharper in international market and if oil companies follow the global price trend, diesel prices will surpass that of petrol later this week. It will be after many years that this would happen and is expected to sustain for some time unless government changes the tax structure of the petroleum products again," said an oil sector expert from one of the big four audit and advisory firms asking not to be named.

Interestingly, even in India the base price of diesel is expensive than petrol. According to the Indian Oil Corporation (IOC), while the base price of petrol in Delhi currently comes to Rs 22.11 per litre, the same for diesel is higher at Rs 22.93 per litre (effective from June 16, 2020). This has been the case for a long time, but retail price of petrol can be higher than diesel due to central and state taxes.

What has now brought diesel prices to a whisker of petrol prices in the capital is the Delhi government's decision early May to increase the Value Added Tax on diesel from 16.75 per cent to 30 per cent and on petrol from 27 per cent to 30 per cent. This increased the retail price of diesel and petrol in Delhi by Rs 7.10 and Rs 1.67 a litre respectively. With Central taxes on the two products already reaching identical levels, the Delhi governments move hastened price parity between petrol and diesel.

Currently, the Central excise on petrol is Rs 32.98 a litre while that on diesel it is Rs 31.83 a litre. The VAT on petrol in Delhi is Rs 17.71 a litre and that on diesel is Rs 17.60 a litre.

While the movement of retail pricing is being seen with a sigh of relief by vehicle owners whose cars run on petrol, those buying the relatively expensive diesel cars are now repenting on their decision. The development is also being seen with caution by automobile companies who have spent millions to ramp up their facilities for diesel run vehicles. The expectation is that demand for such cars will now fall, causing more damage to companies where sales are already impacted due to persistent economic slowdown and now the spread of COVID-19 pandemic.

"The pricing development would push automobile companies to strategies being followed by companies in the western markets where diesel run cars are not sold on fuel pricing differential, but on overall make and quality that puts them ahead of petrol run cars," the expert quoted earlier.

Yes, but for commercial vehicle sector the rising price of diesel had not been welcomed. In fact, the commercial transport sector had time an again threatened strike against the move to raise fuel prices.

With petrol and diesel retail prices closing, the case for adultering fuel has also gone down much to the relief of vehicle owners.

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News Network
June 25,2020

London, Jun 25: British Prime Minister Boris Johnson has called on India and China to engage in dialogue to sort out their border issues as he described the escalation in eastern Ladakh as "a very serious and worrying situation" which the UK is closely monitoring.

The first official statement of Mr Johnson came during his weekly Prime Minister's Questions (PMQs) in the House of Commons on Wednesday.

Responding to Conservative Party MP Flick Drummond on the implications for British interests of a dispute between a "Commonwealth member and the world's largest democracy on the one side, and a state that challenges our notion of democracy on the other," he described the escalation in eastern Ladakh as "a very serious and worrying situation", which the UK is "monitoring closely".

"Perhaps the best thing I can say... is that we are encouraging both parties to engage in dialogue on the issues on the border and sort it out between them," the Prime Minister said.

In a statement in New Delhi on Wednesday, the Ministry of External Affairs (MEA) said India and China have agreed that expeditious implementation of the previously agreed understanding on disengagement of troops from standoff points in eastern Ladakh would help ensure peace and tranquillity in the border areas.

During the diplomatic talks between India and China, the situation in the region was discussed in detail and the Indian side conveyed its concerns over the violent face-off in Galwan Valley on June 15. Twenty Indian Army personnel were killed in the clash. There were reports of several casualties for the Chinese army too, but China hasn't declared any official number yet.

The talks were held in the midst of escalating tension between the two countries following the violent clashes in Galwan Valley on June 15.

The Indian and Chinese armies are engaged in the standoff in Pangong Tso, Galwan Valley, Demchok and Daulat Beg Oldie in eastern Ladakh. A sizable number of Chinese Army personnel even transgressed into the Indian side of the Line of Actual Control in several areas including Pangong Tso.

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