If US maintains its sanctions, Kim Jong Un warns North Korea could consider change of tactics

Agencies
January 2, 2019

Pyongyang, Jan 2: Nuclear-armed North Korea wants good relations with the US but could consider a change of approach if Washington maintains its sanctions, leader Kim Jong Un warned in his New Year speech Tuesday after 12 months of diplomatic rapprochement. At a summit with US President Donald Trump in Singapore in June the two signed a vaguely worded pledge on denuclearisation of the Korean peninsula. But progress has since stalled with Pyongyang and Washington arguing over what that means.

"If the US fails to carry out its promise to the world... and remains unchanged in its sanctions and pressure upon the DPRK," Kim said Tuesday, "we might be compelled to explore a new path for defending the sovereignty of our country and supreme interests of our state".

He was willing to meet Trump again at any time, he added, "to produce results welcomed by the international community".

The North is demanding sanctions relief -- it is subject to multiple measures over its banned nuclear weapons and ballistic missile programmes -- and has condemned US insistence on its nuclear disarmament as "gangster-like".

Washington is pushing to maintain the measures against the North until its "final, fully verified denuclearisation".

Kim's speech "expressed his frustration with the lack of progress in negotiations so far", said former South Korean vice unification minister Kim Hyung-seok.

The North Korean leader "obviously had certain expectations that the US would take certain steps -- however rudimentary they are -- after the North blew up a nuclear test site and took other steps. But none of them materialised.

"He is faced with this urgent task to improve his 'socialist economy' -- which is impossible to achieve without lifting of the sanctions."

In marked contrast with January 1, 2018, when he ordered mass production of nuclear warheads and ballistic missiles, Kim said the North had "declared that we would no longer produce, test, use or spread our nuclear arsenal", calling for the US to take "corresponding measures".

The production pledge was a "significant evolution in leadership intent, if true", Ankit Panda of the Federation of American Scientists said on Twitter, but credibility was an issue.

"All this might offer is a temporary cap on warhead production as long as talks are on with the US -- to be withdrawn when sanctions relief doesn't arrive," he added.

The line was not included in the first English-language summary of the speech by the North's official KCNA news agency.

Kim spoke sitting in a dark leather armchair, in a large office lined with packed bookshelves and paintings of his predecessors, father Kim Jong Il and grandfather Kim Il Sung.

As he began speaking -- in a deep, gravelly voice and wearing a dark suit and blue tie -- a clock behind him read at moments after 12.

But at times during the address it was blurred out and towards the end of the half-hour broadcast it was close to 1, suggesting the speech was recorded in several takes.

The leader's New Year speech is a key moment in the North Korean political calendar, reviewing the past and setting out goals for the future.

The 2018 address was a crucial catalyst for the developments that followed.

It came after a year of high tensions when the North made rapid progress with its weapons development, carrying out its sixth nuclear test -- by far its most powerful to date -- and launching rockets capable of reaching the entire US mainland.

The two leaders had traded personal insults -- Trump mocked Kim as "Little Rocket Man", who in turn called him a "mentally deranged US dotard" -- and threats of war as fears of conflict rose.

In last year's speech Kim warned "the nuclear button is on my office desk all the time", but also offered to send a team to the forthcoming Winter Olympics in the South.

That opened the way for the South's dovish President Moon Jae-in to play the role of peace broker.

Seoul and Washington are in a security alliance and the US stations 28,500 troops in the South to protect it against its neighbour.

A rapid sequence of developments followed, with athletes and a senior delegation led by Kim's powerful sister going to the Pyeongchang Games in February, before Kim met Chinese President Xi Jinping in Beijing ahead of the Singapore summit with Trump.

Kim also met Moon three times in 2018 -- twice at the border truce village of Panmunjom and once in the North's capital -- and at the weekend vowed to meet Moon "frequently" this year.

South Korea on Tuesday reacted positively to Kim's speech, which came after Seoul and Pyongyang have pursued several reconciliation initiatives in recent months.

These include projects to upgrade the North's outdated rail infrastructure and reconnect it with the South.

"We welcome Kim's reaffirmation... for complete denuclearisation and permanent peace of the Korean peninsula as well as the improvement in North-South ties," Seoul's unification ministry said in a statement.

Much of Kim's speech Tuesday focused on North Korea's moribund economy, saying that improving people's lives was his top priority and tackling energy shortages was an urgent task.

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News Network
May 23,2020

Karachi, May 23: Ninety-seven people were killed and two survived when a passenger plane crashed into homes in Pakistan's southern city of Karachi, health officials said Saturday.

The Pakistan International Airlines (PIA) plane had made multiple approaches to land at the city's airport when it came down in a residential area, damaging buildings and sparking a rescue operation that lasted into the night.

All passengers and crew had been accounted for and the bodies of those killed had been recovered from the crash site, the Sindh Health Ministry said, adding that 19 had been identified.

A local hospital earlier reported it had received the bodies of people killed on the ground.

The site remained cordoned off on Saturday morning.

The crash sent plumes of smoke were into the air as rescue workers and residents searched the debris for people and as firefighters tried to extinguish the flames.

An AFP reporter witnessed charred bodies being loaded into ambulances.

PIA said the plane lost contact with air traffic control just after 2:30 pm (0930 GMT) travelling from Lahore to Karachi.

The disaster comes as Pakistanis prepare to celebrate the end of Ramadan and the beginning of Eid al-Fitr, with many travelling back to their homes in cities and villages.

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News Network
February 18,2020

Washington, Feb 18: The upcoming visit of President Donald Trump to India later this month has the potential to usher in a new era of bilateral ties between the two countries, a top American business advocacy group has said.

President Trump will pay a state visit to India on February 24 and 25 at the invitation of Prime Minister Narendra Modi. He would be accompanied by First Lady Melania Trump.

This would be the president's first bilateral visit in the third decade of the 21st century and also the first after his acquittal by the Senate in the impeachment trial.

"I believe President Trump's upcoming visit to India has the potential to usher in a new era of our bilateral ties," Mukesh Aghi, President of the US India Strategic and Partnership Forum (USISPF) said in a statement on Monday.

On the sidelines of the visit, the USISPF, in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI) and the ORF, has announced to organise a program entitled "US-India Forum: Partners for Growth".

The full-day discussion will focus on the key pillars defining India and the US' strategic, economic, and cultural partnership over the next decade.

"We have an opportunity before us to make real progress on multiple aspects of the relationship— whether it is upholding peace and security in the Indo-Pacific region; building upon an already strong energy partnership; developing co-production and co-development opportunities in the defense space; or strengthening bilateral trade," Aghi said.

"We look forward to an extremely successful visit and some concrete outcomes from the visit," he said.

The day-long programme on February 25 in New Delhi, will bring together over 500 senior business executives, members of the US-India think tank community and leading figures of the Indian diaspora to set the agenda for this strategic partnership.

Discussions during the day will touch upon areas, including the Indo-Pacific Strategy and Maritime Security; the US-India Defence Partnership, the US-India Energy Partnership, Elevating US-India Trade and Investment and Role of the Indian Diaspora in US-India Relations.

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Agencies
June 16,2020

India continues to remain ranked 43rd on an annual World Competitiveness Index compiled by Institute for Management Development (IMD) with some traditional weaknesses like poor infrastructure and insufficient education investment keeping its ranking low, the international business school said on Tuesday.

Singapore has retained its top position on the 63-nation list.

Denmark has moved up to the second position (from 8th last year), Switzerland has gained one place to rank 3rd, the Netherlands has retained its 4th place and Hong Kong has slipped to the fifth place (from 2nd in 2019).

The US has moved down to 10th place (from 3rd last year), while China has also slipped from 14th to 20th place. Among the BRICS nations, India is ranked second after China, followed by Russia (50th), Brazil (56th) and South Africa (59th).

India was ranked 41st on the IMD World Competitiveness Ranking, being produced by the business school based in Switzerland and Singapore every year since 1989, but had slipped to 45th in 2017 before improving to 44th in 2018 and then to 43rd in 2019.

While its overall position has remained unchanged in the 2020 list, it has recorded improvements in areas like long-term employment growth, current account balance, high-tech exports, foreign currency reserves, public expenditure on education, political stability and overall productivity, the IMD said.

However, it has moved down in areas like exchange rate stability, real GDP growth, competition legislation and taxes.

Arturo Bris, Head of Competitiveness Center at IMD Business School, said India continues to struggle on the list and the recent country rating downgrade by Moody’s reflects the uncertainties regarding the economy’s future.

"In our ranking this year, we again emphasize the traditional weaknesses of India -- poor infrastructure, an important deficit in education investment, and a health system that does not reach everybody. For India to follow the path of China, it must stress its intangible infrastructure," Bris said.

"In a less global world, with China, USA, and Europe looking inwards, currencies like the rupee (and the Brazilian real for instance) are going to suffer and display high volatilities.

"Moody’s has threatened the country with a downgrade to junk and that would put India in a terrible position to attract foreign capital. So the urgency for the government should be to fix the short-term problems—and this requires to improve the credibility of the government itself," Bris added.

With the exception of Singapore, the Philippines, Taiwan and the Korean Republic, most Asian economies dropped in rankings this year, the IMD said.

The reason for the Asian economies’ less stellar performance as a region, this year is partly the result of the trade frictions between China and the US, particularly because these economies are highly dependent on trade with China.

About Singapore, which moved to the top rank last year, the IMD said its position is largely driven by the relative ease of setting up business, availability of skilled labour and its cutting-edge technological infrastructure.

The IMD said the impact of COVID-19 on the competitiveness ranking has partially been captured by executives’ opinions about the effectiveness of the different health systems.

In the ASEAN countries included in the survey, only Singapore and Thailand have a positive performance in the effectiveness of the health infrastructure.

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