Saudi Crown Prince Lashes Out at Arch-Rival Iran over Tanker Attacks

Agencies
June 16, 2019

Riyadh, Jun 16: Saudi Crown Prince Mohammed bin Salman accused arch-rival Iran of attacks on oil tankers in a vital Gulf shipping channel, adding he "won't hesitate" to tackle any threats to the kingdom, according to an interview published on Sunday.

Two tankers were struck by explosions on Thursday in the Gulf of Oman, the second attack in a month in the strategic shipping lane amid a tense US-Iran standoff, sparking fears of a regional conflagration and sending oil prices soaring.

"We do not want a war in the region... But we won't hesitate to deal with any threat to our people, our sovereignty, our territorial integrity and our vital interests," Prince Mohammed told pan-Arab daily Asharq al-Awsat, in his first public comments since the attacks.

"The Iranian regime did not respect the presence of the Japanese prime minister as a guest in Tehran and responded to his (diplomatic) efforts by attacking two tankers, one of which was Japanese."

The prince also accused "Iran and its proxies" over May 12 attacks on four tankers anchored in the Gulf of Oman off the United Arab Emirates port of Fujairah.

Thursday's attack on two tankers -- the Japanese-owned Kokuka Courageous that was carrying highly flammable methanol when it was rocked by explosions and the Norwegian-operated Front Altair -- came around the time Japanese Prime Minister Shinzo Abe was meeting with Iranian leaders in Tehran.

US President Donald Trump has said the twin attacks had Iran "written all over it", rejecting Tehran's vehement denial.

Saudi Arabia, a close US ally, is a bitter regional rival of Iran.

The US military on Friday released grainy footage it said showed an Iranian patrol boat removing an "unexploded limpet mine" from one of the tankers.

The UAE's Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan on Saturday called on world powers "to secure international navigation and access to energy", a plea echoed by regional ally Saudi Arabia after the incident sent crude prices soaring.

Iran has repeatedly warned in the past that it could block the strategic Hormuz Strait in a relatively low-tech, high-impact countermeasure to any attack by the United States.

Doing so would disrupt oil tankers travelling out of the Gulf region to the Indian Ocean and global export routes.

The UAE's Sheikh Abdullah, whose country is bitterly opposed to Iranian influence in the region, called for a deescalation of tensions.

"We remain hopeful in attaining a broader framework for cooperation with Iran," he said at a summit in Bulgaria.

Meanwhile, Saudi Arabia's Energy Minister Khalid al-Falih called for a "swift and decisive" response to threats against energy supplies after Thursday's "terrorist acts".

Vessels Head To Port

The Japanese tanker's Tokyo-based operator Kokuka confirmed Saturday the stricken vessel was heading to port in the UAE.

"We still don't know if the tanker goes to Khor Fakkan or Fujairah as they are very close," said a spokesman, referring to two Emirati ports on the Gulf of Oman.

Maritime experts would then seek to transfer the highly flammable cargo to shore, according to an unnamed official quoted by Japanese state media.

"From a viewpoint of global energy security, it is necessary for the international community to jointly deal with the act," said Japanese trade minister Hiroshige Seko at a G20 energy and environment meeting in Japan on Saturday.

The other ship, the Front Altair, has left Iran's territorial waters, multiple sources said Saturday.

The ship is "heading toward the Fujairah-Khor Fakkan area in the United Arab Emirates", head of ports for Iran's southern province of Hormozgan told the semi-official news agency ISNA.

The tanker "has left Iran's territorial waters," he said, adding that it was being towed and sprayed with water to cool the hull.

A spokeswoman for Frontline Management, the Norwegian company which owns the ship, said "all 23 crew members of the tanker departed Iran" and flew to Dubai on Saturday.

"All crew members are well and have been well looked after while in Iran," she said.

'Allegations Against Iran'

Iranian Foreign Minister Mohammad Javad Zarif tweeted that the US had "immediately jumped to make allegations against Iran without a shred of factual or circumstantial evidence."

The United States has also accused Iran over May 12 sabotage attacks on four tankers anchored in the Gulf of Oman off Fujairah.

British Foreign Secretary Jeremy Hunt said London had concluded Iran was "almost certainly" responsible for Thursday's tanker attacks.

Iran's foreign ministry responded on Saturday by summoning British Ambassador Rob Macaire over Hunt's "false remarks", the official IRNA news agency reported.

UN Secretary-General Antonio Guterres called for an independent investigation.

"It's very important to know the truth (and) that responsibilities are clarified," he told reporters at UN headquarters in New York.

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News Network
February 16,2020

Washington, Feb 16: India and the United States share "unshakeable" ties, said US Principal Deputy Assistant Secretary (PDAS), Alice Wells, on Sunday, adding that the upcoming visit of President Donald Trump will further strengthen the relationship between the two countries.

"The U.S. and #India enjoy a close partnership that grows stronger day by day. Together, we are breaking records. For example, we welcomed a record number of Indian exchange students to the US last year and hope to receive even more this year," said Bureau of South and Central Asian Affairs in a tweet attributed to Alice Wells.

"The ties between our countries are unshakeable, and we look forward to an even warmer relationship as @narendramodi hosts @POTUS later this month," it added.

Trump will pay a two-day state visit to India from February 24 at the invitation of Prime Minister Narendra Modi.

"India is at the heart of the Indo-Pacific region and plays an increasingly prominent role on the world's stage. The U.S. looks forward to partnering with #India at every step of the way, " Alice Wells further said.

According to the Ministry of External Affairs (MEA), Trump is expected to attend an event at the Motera Stadium in Ahmedabad on the lines of the ''Howdy Modi'' function that was addressed by the US President and PM Modi in Houston in September last year. Trump is slated to pay a two-day visit to India from February 24.

During the visit, Trump, who will be accompanied by First Lady Melania, will attend official engagements in New Delhi and Ahmedabad, and interact with a wide cross-section of the Indian society, the MEA said in a statement.

The announcement of Trump's first official visit to India was earlier made by the White House on Monday, which, in its statement, said that the US President and Modi had agreed during a recent phone conversation that the trip will "further strengthen the United States-India strategic partnership and highlight the strong and enduring bonds between the American and Indian people".

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coastaldigest.com web desk
June 27,2020

New Delhi, June 27: The Prime Minister Narendra Modi-led union government of India is not ready to stop all imports from aggressive China in spite of mount calls to boycott Chinese products in India.

The Centre is reportedly considering to stop only non-essential imports from the neighbouring country.

However, the Inward shipment in sectors such as automobiles, pharmaceuticals, certain electronics and others will continue until a domestic alternative is found.

“India will gradually move towards import substitution. It will not happen overnight. In the meantime, attention has to be paid on production and job creation. We cannot throttle our industry. There are certain absolutely essential imports. Needless to say, those will keep going,” official sources said.

Sources said that both the government and the industry are in the process of identifying products that can be domestically manufactured in the medium term. There are certain chemicals, automotive components, handicrafts, cosmetics, agriculture items and certain consumer electronics, which can be manufactured domestically in the short to medium term. The government is doing all it can to raise the capacity of domestic industries.

However, there are certain other imports in the automobile and the pharmaceutical sectors which cannot be done away within the short to medium term. Their domestic production at the moment may not be that cost-effective.

The six-crore strong traders’ body CAIT has been at the forefront of such a demand and has launched a campaign to celebrate Indian Diwali this year with a total absence of Chinese goods.

“Ease of doing business, capital availability at lower rates and globally competitive logistics and energy costs are some of the prerequisites that the government should look into to ensure the growth of the domestic auto component industry,” according to Automotive Component Manufacturers Association of India (ACMA) Director General Vinnie Mehta.

Maruti Suzuki Chairman R C Bhargava said, “People who are boycotting Chinese goods have to remember that in some cases it may lead to their being asked to pay more for the same product."

Meanwhile, domestic rating agency Acuite Ratings & Research has analysed the current import portfolio from China and found 40 sub-sectors have the potential to lower their import dependency on China. These sectors contribute to $33.6 billion worth of imports from China and about 25% of these imports can be substituted by local manufacturing without any significant additional investments.

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Agencies
August 7,2020

Moscow, Aug 7: Russia will register its first vaccine against the coronavirus on August 12, Deputy Health Minister Oleg Gridnev said on Friday.

The vaccine has been developed jointly by the Gamaleya Research Institute and the Russian Defence Ministry.

"The vaccine developed by the Gamaleya centre will be registered on August 12. At the moment, the last, third, stage is underway. The trials are extremely important. We have to understand that the vaccine must be safe. Medical professionals and senior citizens will be the first to get vaccinated," Gridnev told reporters at the opening of a cancer centre building in the city of Ufa.

According to the minister, the effectiveness of the vaccine will be judged when the population immunity has formed.

Clinical trials of the vaccine began on June 18 and included 38 volunteers. All of the participants developed immunity. 

The first group was discharged on July 15 and the second group on July 20.

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