UAE ups profile at Indian Ocean group

[email protected] (Khaleej Times)
November 3, 2012

indianocean

New Delhi, November 3: The UAE is taking its green responsibility seriously and has offered to host the Indian Ocean Rim renewable energy forum next year. Minister of State for Foreign Affairs Dr Anwar Mohammed Gargash, speaking at the 12th ministerial meeting of the association in Gurgaon on Friday, said UAE officials will discuss with the IOR-ARC secretariat on how to take the proposal forward.

The UAE is home to the International Energy Agency and much can be gained by the group in developing and promoting alternative forms of energy.

Dr Gargash also announced the UAE’s contribution of $500,000 to a special fund of the association. He said the country is committed to the group of 20 nations, with Comoros joining as a full member on Friday. “The IOR-ARC must show will and determination for tangible results,” said the minister. He said the organisation needs to be energised through improved coordination, and new projects in member countries.

He warned of the dangers of the eurozone financial crisis spreading to the region and said the group must shield itself with further investments and press ahead through sustainable growth. He mentioned the Abu Dhabi Sustainable Energy Week in January next year and said the UAE is taking the lead in tapping environment-friendly, sustainable sources of energy.

“We must promote cultural understanding and tolerance in this association with its diverse interests and rates of growth,” Dr Gargash said, and added the UAE’s efforts to host Expo 2020 will bring people and businesses together. He said the Indian Ocean Rim group of countries must interact more to grow and expand.

On maritime security, he said the UAE would continue to combat piracy and has been instrumental in bringing warring factions in Somalia together to tackle the problem at source. Pirate attacks off the coast of Somalia have fallen by 50 per cent since that meeting in June and with the formation of a new Somali government.

“There’s a lot more we can do. We must invest time and effort to further the interests of the group,’’ he said.

Growing together

Earlier, the meeting of ministers was inaugurated by Indian External Affairs Minister Salman Khurshid, who echoed Dr Gargash’s call for the 15-year-old grouping to show tangible benefits for the two billion people of these countries.

“There must be greater structure for people in the IOR-ARC countries to grow together,” said Khurshid. Job creation and security are important for the region to prosper, he said. He laid emphasis on economic cooperation, technology exchange, education and development of fisheries in the region. The minister even mooted a university for the Indian Ocean Rim.

India has contributed $1 million for projects being carried out by the association. China, which is a dialogue partner, chipped in with $100,000.

The Indian External Affairs minister said he is committed to maintaining the momentum of the grouping, but suggested a pragmatic approach for holistic development.

The IOR-ARC, which was formed in 1997, is an apolitical body with interests in maritime security, trade and investment, fisheries management, disaster risk reduction, academics, science and tourism. It has three projects in Iran and Oman on fisheries, science and technology and maritime transport.


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.
News Network
February 4,2020

New Delhi, Feb 4: Miffed over the controversy created by its former Union minister and Uttara Kannada MP Anantkumar Hegde by his remarks against Mahatma Gandhi, the BJP, it was learnt, has issued a show-cause notice to him. The ruling party came under heavy criticism from the opposition over its MP’s remarks. The opposition has demanded a clarification from Prime Minister Narendra Modi over his party MP’s remarks.

Often in news for his controversial remarks, Hegde, sources said, could also be barred from attending the first parliamentary party meeting of the BJP of the budget session, scheduled on Tuesday. The party had taken a similar approach against its Bhopal MP Pragya Thakur during the last winter session for praising Mahatma Gandhi’s killer Nathuram Godse. Though the BJP leadership was earlier of the view that Hegde should tender an apology over his remarks but the party top brass, it was learnt, decided that it was not enough.

The Congress on Monday launched a scathing attack on the central government over the comments of BJP Lok Sabha MP Ananthkumar Hegde on Mahatma Gandhi. The party demanded that Prime Minister Narendra Modi come to Parliament and clarify his position on BJP leader’s “objectionable” remarks.

Congress party spokesman Anand Sharma said, “we can understand that why one after the other senior BJP leaders are insulting the memory of Mahatma Gandhi. They are disparaging the national movement, the freedom struggle because they are ideological descendents of those who were not only non-participants, but, actively opposed the freedom movement.” He further added, “Parliament is in session. We demand that the Prime Minister come to the House and make his position clear. As I have said, feeds that he is unhappy and angry, we are not concerned with that. In the very ideology, mindset, thinking and language of the BJP, there is violence.”

Asserting that the BJP MP’s statement was condemnable, Rajasthan Chief Minister Ashok Gehlot said the leaders of the saffron party could afford to call the freedom movement a drama as they never fought for the country’s independence. “Such statements reveal their true mindset that they use Gandhi's name just for show and have no regard for him,” he said.

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.
News Network
May 7,2020

New Delhi, May 7: Prime Minister Narendra Modi on Thursday hailed people leading the fight against coronavirus and said India is standing firmly with those facing difficult times during the pandemic, both in the country and abroad.

He also said India's development will always aid global growth.

Speaking at a global virtual Buddha Purnima event, Modi said, "People world over working selflessly for others in these difficult times are worthy of praise."

"India is standing strong and selflessly in these difficult times with those facing trouble in India or abroad. India's growth will always be aiding global growth," he said.

Buddha Purnima celebrations are being held virtually due to the COVID-19 pandemic.

The event is being organised in the honour of COVID-19 victims and frontline warriors.

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.
Agencies
May 4,2020

Mumbai, May 4: Days after Facebook, private equity firm Silver Lake said it will invest 56.56 billion rupees ($746.74 million) in Reliance Industries's digital arm, giving it a valuation of 4.90 trillion rupees. Silver Lake on Monday agreed to pay Rs 5,655.75 crore to buy 1.15 per cent stake in the firm that houses billionaire Mukesh Ambani's telecom arm Jio.

The investment in Jio Platforms comes within days of Facebook investing USD 5.7 billion to buy a 9.99 per cent stake in Jio Platforms. The investment is at a premium of 12.5 per cent to the Facebook deal.

"This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5 per cent premium to the equity valuation of the Facebook investment announced on April 22, 2020," Reliance said in a statement.

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.