Connect with us

World

India, US agree on comprehensive talks to address trade issues

Published

on

suresh-prabhu

Washington, June 13 :India and the United States have agreed to hold official talks soon to address the trade and economic irritants between both nations, Commerce Minister Suresh Prabhu said on Tuesday.

This decision was taken during a series of meetings Prabhu had with US Commerce Secretary Wilbur Ross and US Trade Representative (USTR) Robert Lighthizer in Washington during the Indian Minister’s visit from June 10 to 12.

“We will now work together to expand bilateral trade,” Prabhu told reporters in Washington.

He said India would send an official team to work out the details and start comprehensive negotiations on all issues concerning the bilateral trade and economic relationship.

“The team will come within the next few days,” he said.

In March, US President Donald Trump slapped import tariffs of 25 per cent on steel and 10 per cent on aluminium, unfolding the prospect of an all-out global trade war. China retaliated in April imposing tariffs as high as 25 per cent on 128 American products.

India has sought an exemption from the US tariffs along the lines the US has allowed to the European Union, Argentina, Australia, Brazil, Canada, Mexico and South Korea.

Prabhu had earlier said that India would bilaterally take up the issue of recent trade protectionism measures with the US.

According to an Indian Commerce Ministry release, Prabhu also met US Secretary of Agriculture Sonny Perdue and also had a joint meeting with India Caucus Co-chairs Senator Mark Robert Warner and Senator John Cornyn.

During his visit, Prabhu also addressed business and industry leaders in meetings organised by the US-India Business Council (USIBC) and US-India Strategic Partnership Forum (USISPF) and met other stakeholders.

“It’s a great time to join hands with each other and that is the realisation within the (US) administration as well. As you know, we always hear about trade disputes between the US and India, but when I had a meeting with the USTR, the Commerce Secretary, Agriculture Secretary, Senators, it is very clear that we must move on, keeping the issues behind,” Prabhu told industry leaders at a reception hosted by USIBC.

“Every great partnership has areas of agreement and disagreement. I am hopeful that the US investment corridor is only going to grow, and I’m confident that we will be able to bridge our gaps,” he said at the USISPF event.

In his interaction with industry leaders at an event organised by the USISPF, Prabhu spoke about the improvements that have been made in the trade relationship, including trade deficit reduction.

The industry meetings included senior officials from major American companies such as Boston Scientific, FedEx, Walmart, Abbott, UTC, Honeywell, PhRMA, MoneyGram, Lockheed Martin, Koch Industries, Amway, Uber and 21st Century Fox.

Earlier this week, at a press conference during the G7 Summit in Quebec, the US President accused India of levying 100 per cent tariff on some American products.

Trump also threatened he would limit market access to the US and even cut off trade ties if America’s trading partners did not cooperate.

India

UAE businessman donates Rs 12.5 crore for Kerala flood relief

Published

on

kerala floods

 Abu Dhabi, Aug 19 :A United Arab Emirates (UAE)-based businessman has announced a 2.6 million dirhams ($707,837) donation towards relief operations in the flood-hit Indian state of Kerala.

According to K.P. Hussain, chairman of Fathima Healthcare Group, about half of the amount will directly go to the Kerala Chief Minister’s Relief Fund, while the rest will be allocated for medical relief aid, reports Khaleej Times.

Hussain said that the group has coordinated with the state’s health secretary to send volunteers from its medical faculty, which includes doctors and paramedics, to relief camps.

Other UAE businessmen had also earlier pledged donation to help in flood relief operations.

As of Sunday, the toll from the torrential rains and the subsequent floods that has ravaged Kerala since August 9 stood at 370.

Continue Reading

World

Pope Francis urges help, prayers for Kerala

Published

on

Pope

Vatican City, Aug 19 : Pope Francis on Sunday called for solidarity and help from the international community for people affected by flooding in the southern Indian state of Kerala which has caused widespread death and destruction.

The Pope said during the weekly Sunday prayers on St. Peter’s Square that residents of Kerala had been hit by intense rains in recent days, which had led to flooding, landslides and an enormous loss of life, reports Efe news.

He said the Catholic Church was working to bring help to the people of Kerala and urged those gathered in the Vatican square to pray for those who had died and all the people affected by the calamity.

Francis urged the international community to stand in solidarity with India and to offer concrete help to those affected by the floods.

About 190 people have died and over 600,000 have been rescued and taken to emergency accommodation in recent days owing to torrential rains battering the state.

Continue Reading

India

Sidhu clarifies on hugging Pakistan Army chief, sitting beside PoK President

Published

on

Photo Credit (Peace and freedom)

Attari-Wagah border, Aug 19 : Clarifying on the  controversies surrounding his hug with Pakistan Army Chief General Qamar Javed Bajwa and sitting beside President of PoK Masood Khan, Navjot Singh Sidhu said  it was a gesture after Bajwa, who also belongs from the same culture, revealed that “Islamabad  will open  up Kartarpur border on Guru Nanak Dev’s 550th Prakash Parv.”

Navjot Singh Sidhu, the Punjab minister who travelled to Pakistan to attend his ‘friend’ Imran Khan’s oath-taking ceremony  as Pakistan Prime Minister

“If someone (Pakistan Army Chief General Bajwa) comes to me and says that we belong to the same culture and we will open Kartarpur border on Guru Nanak Dev’s 550th Prakash Parv, what else I could do?, ” Navjot Singh Sidhu said  on hugging Bajwa at Pakistan PM Imran Khan’s oath-taking ceremony in Islamabad.

Sidhu, however, said he hugged Qamar Javed Bajwa because he told him Pakistan may allow Sikh pilgrims direct access to Gurdwara Darbar Sahib Kartapur next year.

Speaking about another controversy regarding sitting beside President of PoK Masood Khan, Navjot Singh Sidhu said, “If you’re invited as a guest of honour somewhere, you sit wherever you are asked to. I was sitting somewhere else but they asked me to sit there.”

Navjot Singh Sidhu returned to India after attending the oath-taking ceremony of Imran Khan as Pakistan Prime Minister in Islamabad yesterday.

Sidhu was sitting beside President of PoK Masood Khan in the front row at Pakistan  PM Imran Khan’s oath ceremony in Islamabad.

After the oath ceremony, Bajwa walked up to him and after having a brief conversation, hugged Sidhu.

Sidhu has predicted that  a positive change in Islamabad’s approach towards India. “He will be taking the positive direction… and positive anything is better than negative nothing,”  he said.

Continue Reading
Advertisement

Most Popular