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.

World

Nepal, China sign 8 deals worth $2.24bn

Published

on

nepal china ties

Beijing, June 20: Nepal and China on Wednesday signed eight agreements worth $2.4 billion on the second day of Prime Minister K.P. Sharma Oli’s visit.

These agreements were reached between the two governments and private sectors where Chinese investors will put money on developing hydroelectricity, water resources, cement factories and fruit cultivation and farming.

The signing ceremony took place at the Nepal Embassy here.

Additional memorandum of understandings will be signed on Thursday after delegation-level talks between Oli and his Chinese counterpart Li Keqiang.

Oli, who arrived here on Monday on his five-day-visit, will meet Chinese President Xi Jinping on Tuesday afternoon at the Great Hall of the People in Beijing.

This is Oli’s first official visit to China after returning to power in February and second foreign trip after India.

IANS

Continue Reading

World

US withdraws from ‘biased’ UN Human Rights Council

Published

on

Donald Trump

Washington, June 20: The United States withdrew from the United Nations Human Rights Council on Tuesday. 

The US envoy Nikki Haley told the UN, the body is “hypocritical and self-serving” and “makes a mockery of human rights”.

Last year, Haley accused the council of “chronic anti-Israel bias” and said America was reviewing its membership, a BBC report said.

Constituted in 2006, the council invited flak for allowing countries with questionable human rights records to be members.

Following this United Nations Secretary-General Antonio Guterres regretted the Donald Trump’s administration decision.

“The Secretary-General would have much preferred for the United States to remain in the Human Rights Council,” reported Xinhua news agency quoting spokesman Stephane Dujarric as saying in a note to correspondents.

“The UN’s human rights architecture plays a very important role in the promotion and protection of human rights worldwide,” the note said.

The move comes amid sharp criticism over the Trump administration’s policy of separating child migrants from their parents at the US-Mexico border.

UN human rights chief Zeid Ra’ad has called the policy “unconscionable”.

Haley announced the US’s intention to exit the council at a joint news conference with Secretary of State Mike Pompeo.

She described the council a “cesspool of political bias”, but stressed: “I want to make it crystal clear that this step is not a retreat from our human rights commitments.”

Last year, she told the council it was “hard to accept” that resolutions had been passed against Israel yet none had been considered for Venezuela, which at the time witnessed the killing of dozens of protesters during political turmoil.

Israel is the only nation that is subject to a permanent standing agenda item, meaning its treatment of the Palestinians is scrutinised at a regular basis.

WeForNews 

Continue Reading

World

UN chief regrets as US exits ‘biased’ Human Rights Council

Published

on

Antonio Guterres

United Nations, June 20: United Nations Secretary-General Antonio Guterres regretted the withdrawal of the United States from the United Nations Human Rights Council (UNHRC), said his spokesman on Tuesday.

“The Secretary-General would have much preferred for the United States to remain in the Human Rights Council,” reported Xinhua news agency quoting spokesman Stephane Dujarric as saying in a note to correspondents.

“The UN’s human rights architecture plays a very important role in the promotion and protection of human rights worldwide,” the note read.

Earlier, announcing the country’s withdrawal from the UNHRC, US envoy to the UN Nikki Haley described the body as “hypocritical and self-serving” and one that “makes a mockery of human rights”.

According to a BBC report, Haley last year accused the council of “chronic anti-Israel bias” and said the US was reviewing its membership.

Formed in 2006, the council has been criticised for allowing countries with questionable human rights records to be members.

The move comes amid intense criticism over the Trump administration’s policy of separating child migrants from their parents at the US-Mexico border.

UN human rights chief Zeid bin Ra’ad has called the policy “unconscionable”.

The New York-based Human Rights Watch also condemned separation of families, and called President Trump’s human rights policy “one-dimensional”.

Reacting to the US’ exit from the global rights body, Ra’ad said in Geneva that the US withdrawal is “disappointing, if not really surprising.”

“Given the state of human rights in today’s world, the US should be stepping up, not stepping back,” Zeid said.

Haley announced the US intention to quit the council at a joint news conference with Secretary of State Mike Pompeo.

She called the council a “cesspool of political bias”, but stressed: “I want to make it crystal clear that this step is not a retreat from our human rights commitments.”

Last year, she told the Council it was “hard to accept” that resolutions had been passed against Israel yet none had been considered for Venezuela, which at the time saw dozens of protesters killed during political turmoil.

Israel is the only country that is subject to a permanent standing agenda item, meaning its treatment of the Palestinians is regularly scrutinised.

IANS

Continue Reading
Advertisement

Most Popular