CHINA ENDORSES CRACKDOWN ON ROHINGYA
China endorses Myanmar’s offensive against Rohingya Muslim insurgents, Myanmar state media said on Thursday, as the U.N. secretary-general described the operation, forcing nearly 400,000 people to flee to Bangladesh, as “ethnic cleansing”.
The Myanmar military offensive in the western state of Rakhine was triggered by a series of guerrilla attacks on Aug 25 on security posts and an army camp in which about a dozen people were killed.
“The stance of China regarding the terrorist attacks in Rakhine is clear, it is just an internal affair,” the state-run Global New Light of Myanmar newspaper on Thursday quoted China’s ambassador, Hong Liang, as telling top government officials.
“The counter-attacks of Myanmar security forces against extremist terrorists and the government’s undertakings to provide assistance to the people are strongly welcomed.”
But at the United Nations in New York, China set a different tone, joining a UN Security Council expression of concern about reports of excessive violence and calling for immediate steps to end it.
China competes with the United States for influence in Myanmar, which in 2011 began emerging from nearly 50 years of strict military rule and diplomatic and economic isolation.
Earlier this week, the Trump administration called for protection of civilians.
The violence in Rakhine and the exodus of refugees is the most pressing problem Nobel Peace laureate Aung San Suu Kyi has faced since becoming national leader last year.
Suu Kyi is due to address the nation on Tuesday.
INDIA, JAPAN INK 15 AGREEMENTS
India and Japan have signed 15 agreements for enhancing bilateral cooperation in several key areas including investment promotion, civil aviation, and science and technology.
The agreements were signed in the presence of Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe after 12th annual summit talks in Gandhinagar.
The two leaders also reviewed the entire spectrum of bilteral cooperation.
After the talks, Mr Modi said, Indo-Japan ties are not limited to bilateral or regional spheres. He said, the two countries also have close cooperation on key global issues.
After the talks, Mr Modi said, Indo-Japan ties are not limited to bilateral or regional spheres. He said, the two countries also have close cooperation on key global issues.
The Prime Minister informed that Japan has invested 4.7 billion US dollars in India during 2016-17, 80 percent higher than last year.
Japanese Prime Minister Shinzo Abe said, the two sides have agreed upon a mutual investment support road map.
1.55 LAKH POST OFFICES TO OFFER PAYMENTS BANK SERVICE
Most of the NCR Delhi post offices are unable to provide adequate services to its customers and one can see the formation of Queues in first week of month when senior citizen wants to draw their pensions. On inquiring about these instances the complaint is of inadequate staff, traditional of working hardly one third are put on computerize list most of the ATM do not functions the condition of sanitation is simply not appealing. Chief Executive Officer AP Singh announcements appears to be eye catching one and is an ambitious plans for which immense efforts shall be needed to bring Post office an easy and comfortable place to visit to avail fiscal services.
India Post Payments Bank is gearing up to provide its financial services through all of 1.55 lakh post offices and 3 lakh employees by the end of 2018 — which will create India’s second-largest payments bank in terms of reach.
India Post Payments Bank (IPPB) Chief Executive Officer AP Singh said this at an event organised by United Nations on Financial Inclusion in New Delhi yesterday. He said that India Post will have bank footprint in every district by March 2018.
Payments banks can accept deposits of up to one lakh rupees per account from individuals and small businesses.
The new model of banking allows mobile firms, supermarket
chains and others to cater to banking requirements of individuals and small businesses.
chains and others to cater to banking requirements of individuals and small businesses.
Mr Singh said that they will use Aadhaar as payment address of an individual, indicating that the postal bank may bring the transaction charge close to one paisa.
PM MODI, PM SHINZO ABE LAY FOUNDATION STONE FOR BULLET TRAIN
Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe jointly performed the ground breaking ceremony of India’s first-ever bullet train project at Sabarmati Station ground today.
On the occasion, both the leaders also laid the foundation stone of High Speed Rail Institute to be set up at Vadodara where Japanese professionals would impart training to Indian engineers regarding the high speed rail project.
Mr Modi called the bullet train the biggest gift from Japan to India. He called the moment historic and said the high speed rail corridor will give a new momentum to the development of New India.
Mr Modi said the bullet train will not only bring about economic transformation but will also lead to social transformation of the country. He said the project will strengthen the make in India initiative as large number of employment opportunities and will be created in the country. He said majority of the human resources in the project will be utilized from India only.
He expressed deep gratitude towards Japan for the cooperation and said the economic aid, technology and skill transfer by Japan will not only benefit Indian railway sector but will be beneficial for human resource development of the country. He said the emphasis of his government is on more productivity and high speed connectivity.
Japan PM Mr Shinzo Abe called this historic moment as confluence of Indian ocean with Pacific Ocean and vow for developing a new world order based on these oceans. He said strong India is in the interest of Japan likewise Strong Japan is in the interest of India.
Expressing the commitment of his government towards Make In India Intiative, Mr Abe said Indian Human Resource coupled with Japanese skill and technology, India would be manufacturing hub of the world.
He said the Japan’s Shinkansen bullet train was instrumental in the economic growth of the country. Calling Shinkansen bullet train as one of the safest train networks in the world, Mr Abe said Japan will share with India expertise of safe transport which will help the whole Indian rail network.
The Rs 600-crore high-speed rail training centre for the first bullet train project will be set up in Vadodara, This centre will come up inside the National Academy of Indian Railways (NAIR) at Vadodara where more than 4000 enginees of High Speed Rail Corporation of India will be given training by Japanese professionals. Under the High Speed Rail Project, Sabarmati Railway station will also be renovated.
PARIS TO HOLD 2024 OLYMPIC GAMES
Paris awarded 2024 Olympics, Los Angeles gets 2028 Games – IOC
Paris and Los Angeles have been named as hosts of the 2024 and 2028 summer Games respectively by the International Olympic Committee.
Both cities had wanted to host the 2024 event, before LA agreed to wait an extra four years after the IOC made guarantees on funding.
Paris and Los Angeles have been named as hosts of the 2024 and 2028 summer Games respectively by the International Olympic Committee.
Both cities had wanted to host the 2024 event, before LA agreed to wait an extra four years after the IOC made guarantees on funding.
The Paris Games, which had fallen short with bids for 2008 and 2012, will mark 100 years since it was last held in the French capital.
Los Angeles hosted it in 1932 and 1984.
The International Olympic Committee on Wednesday awarded the 2024 summer Olympic Games to Paris and the 2028 edition to Los Angeles following a vote in the Peruvian capital. Paris, which has hosted two previous Olympics, will stage the event 100 years after its last Games in 1924 while Los Angeles will also organise its third Games after 1932 and 1984. The IOC decided in July to award both Games at the same time, following the withdrawal of four of the six cities bidding for the 2024 Olympics, amid concerns about the size, cost and complexity of organising the world’s biggest multi-sports event.
CHINA OFF’ FROM DOLLAR
Pyongyang says it is the time to “annihilate” the US and turn it into “ashes” for initiating the latest round of sanctions. The North has also threatened Washington’s allies in the region, vowing to “sink” Japan and “wipe out” South Korea.
North Korea made yet another threat to the US and its allies in the region, Japan and South Korea, on Wednesday, KCNA reported. The North accused the US of “cooking up” the latest restrictive measures against it and demanded that the US be beaten “to death as a stick is fit for a rabid dog.”
Treasury Secretary echoed the words of the US envoy to the UN, Nikki Haley, by calling the fresh round of sanctions against Pyongyang “historic.”Mnuchin added “if China doesn’t follow these sanctions, we will put additional sanctions on them and prevent them from accessing the US and international dollar system.”
Treasury Secretary echoed the words of the US envoy to the UN, Nikki Haley, by calling the fresh round of sanctions against Pyongyang “historic.”Mnuchin added “if China doesn’t follow these sanctions, we will put additional sanctions on them and prevent them from accessing the US and international dollar system.”
Washington has, so far, been reluctant to impose economic sanctions on China over concerns of possible retaliatory measures from Beijing and the potentially catastrophic consequences for the global economy.
UNSC unanimously approved a new resolution on sanctions against Pyongyang on September 11. Following a series of behind-the-scenes negotiations Sunday, diplomats agreed not to ban oil exports into North Korea. Instead, the ninth set of restrictive sanctions against Pyongyang authorized an annual cap of 2 million barrels of refined petroleum products to North Korea.
It also banned the North’s textile exports – the second-biggest export for the country, which totals $752 million – according to data from the Korea Trade-Investment Promotion Agency. Chinese and Russian negotiators managed to persuade the US delegation not to impose a travel ban or asset freeze on North Korea’s leader Kim Jong-un.
Washington runs a $350 billion annual trade deficit with Beijing. China also holds $1 trillion in US debt, which amounts to 28 percent of US Treasury bills, notes and bonds held by a foreign government.
US could impose economic sanctions on China if it does not implement the new sanctions regime against North Korea, the US Treasury Secretary has warned. Steven Mnuchin said the restrictions could involve cutting off Beijing’s access to the US financial system.
“North Korea economic warfare works,” Mnuchin said Tuesday at the Delivering Alpha Conference in New York City. “We sent a message that anybody who wanted to trade with North Korea – we would consider them not trading with us.” RT News Media agencies
TECHNIQUE SOLAIRE, 5-MW SOLAR POWER PLANT IN BHAGWANPUR, UTTARAKHAND,
H.E. Mr. Alexandre ZIEGLER, Ambassador of France to India, inaugurates a 5-MW solar power plant built by French renewable energy firm, Technique Solaire, in Bhagwanpur, Uttarakhand, on 13th September 2017.
Technique Solaire’s first in India, this project was commissioned on 31st March 2017. Generating a total power of 5.5 MWp, this solar power plant is spread over 25 acres of land in Maheshwari village, Bhagwanpur, Uttarakhand. JLTM Energy India Pvt Ltd., the Indian subsidiary of Technique Solaire, was awarded a state tender in October 2015.
This installation, which involved an investment of approximately 4M euros, is producing the equivalent of the local electricity consumption of 13,500 inhabitants. The company has developed a unique model that makes local farmers stakeholders in the project, providing them the added benefit of a yearly income from the plant. After many months devoted to securing the land and financing the project, work on the power plant was finished in less than three months.
On this occasion, Ambassador Ziegler said: “I congratulate Technique Solaire for successful and timely completion of this flagship project. It embodies the strength of Indo-French cooperation in the solar energy sector and the ability of French companies to deliver. With a cumulative capacity of around 650 MW installed across India, French companies are committed towards becoming one of the major actors of the solar revolution going on in India.”
France actively supports India’s programme for developing renewable energy, which is a key tool in the common combat against climate change. Several French companies are committed to contributing to the development of non-fossil fuel energies in India.
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