India, China must respect each other’s core concerns: Jaishankar in Beijing

Agencies
August 14, 2019

Beijing, Aug 14: India and China should find stronger convergences, respect each other’s core concerns and manage differences, External Affairs Minister S. Jaishankar has said as he underlined that the relationship between the two Asian giants has become “so big” that it has acquired a “global dimension”.

Mr. Jaishankar, who concluded his three-day visit to Beijing on Monday, held extensive and in-depth talks with his counterpart Wang Yi on the entire gamut of the India-China ties.

During his visit, he also met Chinese Vice President Wang Qishan, a close confidant of President Xi Jinping.

As the two largest developing countries and emerging economies, cooperation between India and China is of great importance to the world, Mr. Jaishankar told state-run Xinhua news agency here in an interview on Sunday.

“Our relationship is so big that it is no longer a bilateral relationship. It has global dimensions,” the report quoted Mr. Jaishankar as saying.

Describing the world as “more multi-polar” with changing global order, he said India and China need to enhance communication and coordination to contribute to world peace, stability and development.

‘People-to-people exchanges’

The two countries should find stronger areas of convergence, respect each other’s core concerns, find ways of managing differences and keep a strategic view of the direction of bilateral ties, he said.

The Minister said the two neighbours have a long history that goes back to thousands of years and the two countries’ civilisations are among the oldest that represent two pillars of the civilisation of the East.

“A lot of people, including young people of both countries, really don’t have a good understanding of how much our two cultures of civilisations have affected each other,” Mr. Jaishankar said, underlining that “promoting a greater awareness of that history” through more cultural exchanges is an important task for the two countries.

India and China have agreed to establish a high-level people-to-people exchanges mechanism in April last year and the first meeting was held in New Delhi in December.

Describing the move as “taking the bilateral relationship from the narrow diplomatic field to a larger societal interaction”, Jaishankar said the more people of the two nations interact face-to-face, the more their sense of relating to each other will grow.

“It’s important for our relationship to build popular support. Our people must feel good about each other,” he said.

Jaishankar had also co-chaired the 2nd meeting of the China-India high-level people-to-people exchanges mechanism with Wang Yi, agreeing to further promote friendship between the two peoples.

This was his first visit to China after taking over the position of the External Affairs Minister. He had earlier served as India’s envoy to China from 2009 to 2013, the longest tenure by an Indian diplomat to Beijing.

His visit was finalised much before India’s move to revoke Article 370 of the Constitution that gave special status to J&K.

Jaishankar also discussed arrangements for President Jinping’s visit to India later this year for second informal summit with Prime Minister Narendra Modi.

During his meeting with Mr. Wang Yi, Mr. Jaishankar said India’s decisions on Jammu and Kashmir are country’s “internal” matter and have no implication for either the external boundaries of India or the Line of Actual Control (LAC) with China.

The remarks came in response to Wang, who brought up developments pertaining to legislation passed recently by the Indian Parliament on J&K, saying China is “very closely” following the Indo-Pak tensions over Kashmir and its “ramifications” while asking New Delhi to play a “constructive role” for regional peace and stability.

According to an official release from the external affairs ministry, during the bilateral meeting, Jaishankar conveyed that this was an “internal” matter for India and the issue related to changes in a temporary provision of the Constitution of India and was the sole prerogative of the country.

Asserting that the legislative measures were aimed at promoting better governance and socio-economic development, Jaishankar also said there was no implication for either the external boundaries of India or the LAC with China.

“India was not raising any additional territorial claims. The Chinese concerns in this regard were therefore misplaced. The minister also conveyed that so far as the India China boundary question was concerned the two sides had agreed to a fair, reasonable and mutually acceptable settlement of the Boundary Question on the basis of the 2005 Political Parameters and Guiding Principles,” the release said.

Jaishankar also told Wang that it was important to ensure that bilateral differences should not become disputes and emphasised that the future of the ties will depend on the mutual sensitivity to each other’s “core concerns“.

China on August 6 had objected to the formation of Ladakh as Union Territory by India, saying it undermined its territorial sovereignty, evoking a sharp reaction from New Delhi, which asked Beijing to refrain from commenting on its “internal affairs“.

Ahead of Mr. aishankar’s visit, Pakistan Foreign Minister Shah Mehmood Qureshi air-dashed to Beijing and held talks with Wang, seeking China’s support for Islamabad’s efforts to take India’s decision to revoke special status to Kashmir to the UN Security Council.

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Agencies
June 7,2020

Moscow, Jun 7: OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two months by withdrawing almost 10% of global supplies from the market.

The group, known as OPEC+, also demanded countries such as Nigeria and Iraq, which exceeded production quotas in May and June, compensate with extra cuts in July to September.

OPEC+ had initially agreed in April that it would cut supply by 9.7 million barrels per day (bpd) during May-June to prop up prices that collapsed due to the coronavirus crisis. Those cuts were due to taper to 7.7 million bpd from July to December.

“Demand is returning as big oil-consuming economies emerge from pandemic lockdown. But we are not out of the woods yet and challenges ahead remain,” Saudi Energy Minister Prince Abdulaziz bin Salman told the video conference of OPEC+ ministers.

Benchmark Brent crude climbed to a three-month high on Friday above $42 a barrel, after diving below $20 in April. Prices still remain a third lower than at the end of 2019.

“Prices can be expected to be strong from Monday, keeping their $40 plus levels,” said Bjornar Tonhaugen from Rystad Energy.

Saudi Arabia, OPEC’s de facto leader, and Russia have to perform a balancing act of pushing up oil prices to meet their budget needs while not driving them much above $50 a barrel to avoid encouraging a resurgence of rival U.S. shale production.

It was not immediately clear whether Saudi Arabia, the United Arab Emirates and Kuwait would extend beyond June their additional, voluntary cuts of 1.18 million bpd, which are not part of the deal.

BULGING INVENTORIES

The April deal was agreed under pressure from U.S. President Donald Trump, who wants to avoid U.S. oil industry bankruptcies.

Trump, who previously threatened to pull U.S. troops out of Saudi Arabia if Riyadh did not act, spoke to the Russian and Saudi leaders before Saturday’s talks, saying he was happy with the price recovery.

While oil prices have partially recovered, they are still well below the costs of most U.S. shale producers. Shutdowns, layoffs and cost cutting continue across the United States.

“I applaud OPEC-plus for reaching an important agreement today which comes at a pivotal time as oil demand continues to recover and economies reopen around the world,” U.S. Energy Secretary Dan Brouillette wrote on Twitter after the extension.

As global lockdowns ease, oil demand is expected to exceed supply sometime in July but OPEC has yet to clear 1 billion barrels of excess oil inventories accumulated since March.

Rystad’s Tonhaugen said Saturday’s decisions would help OPEC reduce inventories at a rate of 3 million to 4 million bpd in July-August. “The quicker stocks fall, the higher prices will get,” he said.

Nigeria’s petroleum ministry said Abuja backed the idea of compensating for its excessive output in May and June.

Iraq, with one of the worst compliance rates in May, agreed to extra cuts although it was not clear how Baghdad would reach agreement with oil majors on curbing Iraqi output.

Iraq produced 520,000 bpd above its quota in May, while overproduction by Nigeria was 120,000 bpd, Angola’s was 130,000 bpd, Kazakhstan’s was 180,000 bpd and Russia’s was 100,000 bpd, OPEC+ data showed.

OPEC+’s joint ministerial monitoring committee, known as the JMMC, will meet monthly until December to review the market, compliance and recommend levels of cuts. JMMC’s next meeting is scheduled for June 18.

OPEC and OPEC+ will hold their next scheduled meetings on Nov. 30-Dec. 1.

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News Network
May 7,2020

Dubai/Abu Dhabi, May 7: A group passengers who are scheduled to fly to Kozhikode on the first COVID-19 Indian repatriation flight have begun streaming in to Terminal 2 at Dubai International Airport.

Wearing masks and gloves, the passengers are now waiting for the medical screening and check-in services to begin.

Airport officials gave entry to the departure terminal only to passengers with tickets.

Naif resident Mahamood P.P, 60, was among the first to reach as he was not informed about the change in the flight schedule, he told Gulf News.

“I reached here at 9.30am as I didn’t get any information about the 2.10pm flight getting rescheduled to the evening,” he said.

Suffering from a heart disease, Mahmood, who works as a juice maker at a juice shop near Naif Police station, said he stepped out of his room for the first time in two months.

“As there were many cases in Naif, I never went out because of my health condition. Since I was not in contact with anyone else other than my roommates who also never went out, I didn’t go for the COVID screening also. I was worried that I might be exposed to infection while waiting for the tests,” he said.

He thanked the Indian Consulate for giving him priority to fly home. “I need to go for my heart checkup. So I wanted to fly home as soon as possible.”

However, he said his son, a civil engineer who came here searching for a job, is not flying back though he is on a visit visa.

“Since the UAE government has allowed people on visit visa to stay here till December, he has decided to try his luck in getting a job,” said Mahamood.

Sneha Thomas, who is eight months pregnant, was also among the first to arrive at the airport.

Her husband Somi Jose came to drop her.

Thomas is among 11 pregnant women flying on the Dubai-Kozhikode flight.

Sharjah resident for 30 years, Mohammed Ali Yaseen, who is also the secretary of the Kerala Muslim Cultural Centre in Sharjah, said he is flying home as the restaurant he was running had to be closed due to a demolition plan of the building.

“Three months ago I got the notice to vacate the building and I had to close the restaurant. I was looking for another shop. But then the coronavirus hit. Now there is no point in me opening me a new shop as those who are already operational are not getting any business.”

He said he decided to drop the plan and go home for now. “My visa and license are still valid. I will try to come back when this pandemic ends and things are better.”

Meanwhile, at the Au Dhabi International Airport, families with kids were given priority to proceed towrards check-in. at terminal 3. The passengers coming in right now were mostly women who were on a visit visa. Pregnant women and the elderly too were given priority.

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News Network
May 27,2020

New Delhi, May 27: With 6,387 new coronavirus cases in the last 24 hours, India's count of COVID-19 rose to 1,51,767 on Wednesday, said the Union Ministry of Health and Family Welfare.

170 people have also died in the last 24 hours due to the infection.

Currently, there are 83,004 active cases while 64,425 COVID-19 positive patients have been cured/discharged and one has migrated. So far, a total of 4,337 deaths have taken place across the country.

Among all states, Maharashtra has the highest number of COVID-19 cases with 54,758. Tamil Nadu has 17,728 cases with Gujarat at 14,821 cases. The national capital has 14,465 reported cases of coronavirus.

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