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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News Network
July 5,2020

Washington, Jul 5: US President Donald Trump on Saturday thanked Prime Minister Narendra Modi for his wishes on America's 244th Independence Day.

On Saturday, PM Modi tweeted: "I congratulate @POTUS @realDonaldTrump and the people of the USA on the 244th Independence Day of the USA. As the world's largest democracies, we cherish freedom and human enterprise that this day celebrates. @WhiteHouse"

While replying to PM Modi's wishes, Mr Trump tweeted: "Thank you my friend. America loves India!"

The US President also attended the July 4 American Independence Day celebrations in South Dakota.

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News Network
July 17,2020

Jul 17: US President Donald Trump has said that he wants to do everything possible to keep peace for the people of India and China, according to his spokesperson

Over the past several weeks, the Trump administration has come out in support of India against China.

“He (Trump) said I love the people of India and I love the people of China and I want to do everything possible to keep the peace for the people,” White House Press Secretary Kayleigh McEnany told reporters at a news conference here on Thursday.

She was responding to a question on Trump’s message to India, which recently had a standoff with China in eastern Ladakh along the Line of Actual Control.

Earlier in the day, White House Economic Advisor Larry Kudlow described India as a great ally, saying President Trump is a great friend of Prime Minister Narendra Modi.

On Wednesday, Secretary of State Mike Pompeo said that India has been a great partner of the US.

“India has been a great partner… They are an important partner of ours. I have a great relationship with my foreign minister counterpart. We talked frequently about a broad range of issues. We talked about the conflict they had along the border with China. We've talked about the risk that emanates from the Chinese telecommunication infrastructure there,” Pompeo told reporters in response to a question.

Travelling in Europe, US National Security Advisor Robert O’Brien told reporters that China has been very aggressive with India.

O’Brien said that India is a democracy and is a great friend of the United States. Prime Minister “Modi and President Trump have a super relationship,” he said.

“In fact, it was the last foreign trip that I took with the president before the COVID-19 crisis hit, was to India, and we had a great reception of the Indian people there. We have a lot in common with them, we speak English, we're democracies. We've got a growing, very strong relationship with India,” O’Brien said.

Welcoming the White House statement, Al Mason, co-chair of the Trump Victory Indian American Finance Committee, said that unlike his predecessor, President Trump has come out openly in support of India.

“Most of the Indian-Americans have observed that every earlier president - be it a Democrat or Republican, like Clinton or Bush Senior or Bush Jr or Obama have been very scared to side with India openly, for fear of hurting China.

“Only President Trump has had the courage to say that… I love India, America respects India… US stands with India - and that also, to over one billion Indians in India at the Namaste Trump rally held in India… and that too… near India’s neighbour China,” Mason said in a statement.

“And he is consistent in his love for India and Indian-Americans,” he added.

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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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