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CONTENT
Title Page No
INTERNATIONAL ISSUES 03
INTERNATIONAL ORGANISATIONS 21
INDIA AND WORLD 29
POLITY 37
ECONOMY 62
SCIENCE AND TECHNOLOGY 102
ENVIRONMENT 124
OTHERS 127
Editorial Board Sub - Editor
Sivarajavel. S Anandhi. H
Sadik. M.A
Co-ordinator
R. Senthilkumar
No. 9, Plot No. 2163,
(Behind Hot Chips)
12th Main Road, Anna Nagar West,.
Chennai-40Tel:044-43525468/
7200010122/9176787980.
www.smartleadersias.com
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LETTER TO ASPIRANTS
Mountain of Life
In The Mountain Of Life the higher you go the easier to live, theeasier to breathe and the lower you go the harder to live and the harder tobreathe.
When a child is born (He or She) is, brought into existence on apredestined starting point in life which none but one holds the complete
control over. From starting at a point where you have two options up ordown, high or low which way would you like to go?Everything controlled by one sustainer, one creator. The good the
bad all from one but when we are rewarded with our actions bad is ourchoice it is not the eternal being to be blamed, none but our selves andwhat we have caused within our own actions. We as transgressors haveforced it upon our selfs to degrade to a lower point on our own mountainof life.
Descending down a hill with a bicycle has very little need topeddling even kicking a ball down a hill all this with no effort. Once youhave built the momentum there can on be on way, down to the lowestpeak of the mountain.
When very hard to breathe and no oxygen from where we stand.
Some give in to more down motion. At this point in life it can only be us aspeople that give up on life and give in to the altitude, which consistentlypulls us down for none at fault but us being negligent as ungrateful people.
At the lowest point of this mountain is like being at the lowestpoint in life. With no persons here to support, or no tools to carry ones self.We have been weak for so long that being weak is no more optional. Theonly choice it is only to be strong. Relying on whom which we should offrom the staring point, the supreme controller of depth and altitude.
Climbing from the bottom to the top again is like learning how towalk again. Setting goals with strength and determination andsteadfastness and knowing where all defects along the way to the top situpon, voiding all the mountains downgrading and faults.
Only wanting for what is better for you and everyone else around
you. Pleasing your sustainer, maker can only benefit you and everyonearound. To please He is of great reward and benefit, which we can onlysee, threw the climate of our own eyes.
There is only one option that is to be strong, there is now only onedirection that is up. The reward for act goodness can only be goodness,bringing thy self higher on the mountain to achieve ultimate success andthe pleasure of thy creator.
Regards,
ANANDHI. HFACULTY
(SMART LEADERS IAS)
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INTERNATIONAL ISSUES
CHINA
China sends missiles to contested South China Sea Island
Taiwan calls on interested parties to work together to maintain peace and
stability in the region.
China has deployed an advanced surface-to-air missile system to one of
the disputed islands it controls in the South China Sea.
The missile batteries had been set up on Woody Island. The island is part
of the Paracels chain, under Chinese control for more than 40 year but
also claimed by Taiwan and Vietnam.
News of the missile deployment came as Obama and leaders of the
Association of Southeast Asian Nations concluded a summit in California,
where they discussed the need to ease tensions in the region but did not
include specific mention of China's assertive pursuit of its claims in the
South China Sea.
China claims most of the South China Sea, through which more than $5
trillion in global trade passes every year, and has been building runwaysand other infrastructure on artificial islands to bolster its claims.
The Association of Southeast Asian Nations discussed the need for
tangible steps in the South China Sea to lower tensions including a halt to
further reclamation, new construction and militarization of disputed
areas.
The United States has said it will continue conducting "freedom of
navigation patrols" by ships and aircraft to assure unimpeded passage
through the region, where Vietnam, Malaysia, Brunei, the Philippines and
Taiwan have rival claims.
Woody Island
Woody Island, also known as Yongxing Island and Phu Lam Island, is the
largest of theParacel Islands in theSouth China Sea.
It is part of the Amphitrite Island Group in the eastern Paracels.
The Chinese Qing dynasty, France, Japan, Vietnam and theRepublic of
China have all established a presence on the island and other islands of
the Paracel Islands archipelago.
https://en.wikipedia.org/wiki/Paracel_Islandshttps://en.wikipedia.org/wiki/South_China_Seahttps://en.wikipedia.org/wiki/Qing_dynastyhttps://en.wikipedia.org/wiki/Republic_of_Chinahttps://en.wikipedia.org/wiki/Republic_of_Chinahttps://en.wikipedia.org/wiki/Republic_of_Chinahttps://en.wikipedia.org/wiki/Republic_of_Chinahttps://en.wikipedia.org/wiki/Republic_of_Chinahttps://en.wikipedia.org/wiki/Qing_dynastyhttps://en.wikipedia.org/wiki/South_China_Seahttps://en.wikipedia.org/wiki/Paracel_Islands -
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Woody Island has been under the control of thePeople's Republic of
Chinasince 1956.
Under PRC control, it is administered by the Yongxingdao
Neighborhood Committee and is the seat ofSansha, aprefecture-level
city ofHainan province.
In June 2014, UK newspaper The Independentstated that the island had a
population of 1,443.
As part of the Paracel Islands, Woody Island is also claimed by
theRepublic of China (Taiwan) and byVietnam.
Djibouti, Myanmar, Sri Lanka anchor Silk Road
A military base in Djibouti along with major port development projects in
Myanmar and Sri Lanka are defining the contours of Chinas Maritime Silk
Road an oceanic connectivity project, of which, the Indian Ocean is the
core.
China will soon commence work on the naval base.
The Horn of Africa nation is strategically located on the junction of the
Indian Ocean and the Red Sea a gateway to the Suez Canal via the Strait of
Bab Al-Mandab.
Djibouti would become an ideal location for securing sea lanes, in the
vicinity, which radiate from this area towards Africas Indian Ocean
coastline and the Arabian Sea.
China says it is establishing naval support facilities in Djibouti, which
has the ambition of emerging as another Singapore, leveraging its position
at the intersection of busy shipping lanes.
The Chinese facility will be established at Doraleh Multi-Purpose Port a
$590 million project that is being steered by China Merchants Holdings
International in the south of the country.
The Chinese Navy would use one of the berths.
Recently Mr. Guelleh signed a deal with China to build a new free trade
zone, whose first phase would open later this year. China is also providing
the bulk of the $12.4 billion that Djibouti intends to invest by 2020.
Raising stakes in Myanmar
China has also quietly signed a deal to develop an Industrial Park and a
deep water port in Kyaukphyu in Myanmar.
https://en.wikipedia.org/wiki/People%27s_Republic_of_Chinahttps://en.wikipedia.org/wiki/People%27s_Republic_of_Chinahttps://en.wikipedia.org/wiki/People%27s_Republic_of_Chinahttps://en.wikipedia.org/wiki/Village_(China)https://en.wikipedia.org/wiki/Sanshahttps://en.wikipedia.org/wiki/Prefecture-level_cityhttps://en.wikipedia.org/wiki/Prefecture-level_cityhttps://en.wikipedia.org/wiki/Hainanhttps://en.wikipedia.org/wiki/Republic_of_China_(Taiwan)https://en.wikipedia.org/wiki/Vietnamhttps://en.wikipedia.org/wiki/Vietnamhttps://en.wikipedia.org/wiki/Republic_of_China_(Taiwan)https://en.wikipedia.org/wiki/Hainanhttps://en.wikipedia.org/wiki/Prefecture-level_cityhttps://en.wikipedia.org/wiki/Prefecture-level_cityhttps://en.wikipedia.org/wiki/Sanshahttps://en.wikipedia.org/wiki/Village_(China)https://en.wikipedia.org/wiki/People%27s_Republic_of_Chinahttps://en.wikipedia.org/wiki/People%27s_Republic_of_Chinahttps://en.wikipedia.org/wiki/People%27s_Republic_of_China -
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The facility in the Bay of Bengal amplifies Beijings pitch to deepen its
stakes in Myanmar in order to lower its dependence on the Straits of
Malacca a strategic commercial channel, dominated by the U.S. sixth fleet.
Xinhua has reported that a consortium led by the China International
Trust and Investment Corporation (CITIC), a construction company, has
won the bid towards the end of last year to develop the two projects.
The deep sea enterprise includes development of 10 berths at the Maday
Island Terminal and the Yanbye Island Terminal. It will be completed in
four phases spanning a period of 20 years.
Maday Island has already emerged as a major pillar of Chinas energy
security.
Last year, a pipeline from the island transited oil sourced mainly from
West Asia and Africa to Chinas Yunnan province, thus avoiding the
Malacca trap.
The oil channel complemented the gas pipeline, which starts at
Kyaukphyu, bringing methane purchased from a proposed railway project
from Kyaukphyu to Kunming, capital of Yunnan province has been
shelved.
Colombo port city
Sri Lanka has added another dimension to Chinas Maritime Silk Road
(MSR). Chinese bloggers are pointing to improved prospects of the revival
of the stalled Colombo port city project under new conditions, and the
establishment of an SEZ in Humbantota both projects feeding into the
gradual unfolding of the ambitious MSR.
China is already steering the Gwadar to Kashgar economic corridor,
adding another node to its growing Indian Ocean profile.
Horn of Africa
The Horn of Africa is apeninsula inNortheast Africa. It juts hundreds of
kilometers into theArabian Sea and lies along the southern side of
theGulf of Aden.
The area is the easternmost projection of theAfrican continent.Referred
to in ancient and medieval times as Bilad al Barbar("Land of
theBerbers"), the Horn of Africa denotes the region containing the
countries ofDjibouti,Eritrea,Ethiopia,andSomalia.
https://en.wikipedia.org/wiki/Peninsulahttps://en.wikipedia.org/wiki/Northeast_Africahttps://en.wikipedia.org/wiki/Arabian_Seahttps://en.wikipedia.org/wiki/Gulf_of_Adenhttps://en.wikipedia.org/wiki/Africahttps://en.wikipedia.org/wiki/Barbara_(region)https://en.wikipedia.org/wiki/Barbara_(region)https://en.wikipedia.org/wiki/Berber_peoplehttps://en.wikipedia.org/wiki/Djiboutihttps://en.wikipedia.org/wiki/Eritreahttps://en.wikipedia.org/wiki/Ethiopiahttps://en.wikipedia.org/wiki/Somaliahttps://en.wikipedia.org/wiki/Somaliahttps://en.wikipedia.org/wiki/Ethiopiahttps://en.wikipedia.org/wiki/Eritreahttps://en.wikipedia.org/wiki/Djiboutihttps://en.wikipedia.org/wiki/Berber_peoplehttps://en.wikipedia.org/wiki/Barbara_(region)https://en.wikipedia.org/wiki/Africahttps://en.wikipedia.org/wiki/Gulf_of_Adenhttps://en.wikipedia.org/wiki/Arabian_Seahttps://en.wikipedia.org/wiki/Northeast_Africahttps://en.wikipedia.org/wiki/Peninsula -
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It covers approximately 2,000,000 km2 (770,000 sq mi) and is inhabited
by roughly 115 million people (Ethiopia: 96.6 million, Somalia:
10.4 million, Eritrea: 6.4 million, and Djibouti: 0.81 million).
Regional studies on the Horn of Africa are carried out, among others, in
the fields ofEthiopian Studies as well asSomali Studies.
Iran in the Belt and Road loop as first train from China arrives
The first train from Chinas trading hub of Yiwu has arrived in Tehran
recently, signalling Irans firm integration in the Beijing led-Belt and Roadconnectivity initiative along the New Silk Road.
The train ferrying 32 containers completed its 14-day journey, covering
over 10,399 km, after passing through the arid landscape of Kazakhstan
and Turkmenistan in Central Asia.
The train, covering 700 km a day, had demonstrated that it was possible
to substantially slash transit time for goods arriving in Iran from China.
Compared to the railway option, cargo ships, setting sail from Shangahi
take nearly 45 days to arrive at the Iranian port of Bandar Abbas.
Analysts point out that by joining China on the railway map, Iran was
establishing solid structural linkages with Eurasia along the Silk RoadEconomic Belt.
Yin Gang, a West Asia researcher the Chinese Academy of Social Sciences,
anticipates that Iran would become an active participant in the Belt and
Road initiative.
Iran is currently in desperate need of investment for infrastructure
construction. However, as oil prices are low now, Irans revenue in this
sector has seen sharp decrease. At the same time, China is promoting the
belt and road initiative. Iran is expected to become one of the major
participants of that initiative.
In China, there is anticipation that with the recent lifting of sanctions,Irans energy infrastructure, including its trans-border pipeline network,
will grow a move that is likely to further deepen Tehrans strategic
linkages with Eurasia.
Iran is expected to play a crucial role in the Belt and Road as an energy
hub and access to extensive delivery routes connecting to the Middle East
and Eurasia.
During the sanctions phase, Chinas energy giants Sinopec and China
National Petroleum Corporation had provided technical support to
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Iranian firms for the development of the giant South Pars gas fields and
the oil fields of Yadavaran and North Azadegan.
Chinas ongoing technical support is likely to further reduce the rail
transit time between China and Iran.
A China-led consortium has started electrifying the rail track between
Tehran and Mashaad, a major pilgrimage city.
Xis China digs into Maoist roots
A woman looks at souvenir plates bearing
images of Chinese President Xi Jinping (left)
and late leader Mao Zedong at a shop in
Beijing.
Analysts say the Chinese leadership is
working to ensure that the disruption caused
by its raging anti-corruption campaign that
has felled influential tigers is countered by steps that unite the CPC
under Xis watch.
China appears to be digging into its Maoist roots by reinforcing the
guiding principle of the Communist Party of China (CPC) in steering the
countrys economic and political transition under President Xi Jinping.
Analysts say the Chinese leadership is working on a double track to
ensure that the disruption caused by its raging anti-corruption campaign
that has felled influential tigers is countered by steps that unite the CPC
under President Xis watch.
Mr. Xi, who wears three hats, is also the General Secretary of the Central
Committee of CPC and the Chairman of the powerful Central Military
Commission (CMC).
The anti-corruption drive, following Mr. Xis arrival at the centre-stage in
late 2012, has targeted powerful figures, including Ling Jihua, a well-
known protg of former President Hu Jintao.
The axe has also fallen on Zhou Yongkang, Chinas former security Tsar, as
well as Xu Caihou, the former vice-chairman of the CMC.
Xinhua had earlier identified Mr. Zhou as the kingpin of the so-called
Petroleum clique. The network included Jiang Jiemin, a former chairman
of the state-owned China National Petroleum Corporation, who was also
adviser to Mr. Zhou.
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China muzzles tycoon for criticising media controls
Chinese authorities shut down the social media accounts of a tycoon
nicknamed The Cannon after he criticised the ruling Communist Partys
tightening grip on the media.
The Internet regulator ordered the microblogging platforms of Sina and
Tencent to shut down Mr. Rens accounts for spreading illegal
information.
Cyberspace is not a lawless field and it should not be used to spread illegal
information by anyone.
Mr. Rens accounts were closed after netizens reported that he had
regularly posted illegal information, resulting in a vile influence.
Ren, nicknamed the Cannon for his provocative opinions and blunt
defences of economic inequality, was the target of twin columns in the
state-affiliated news portal Qianlong for questioning on social media
whether public money should be spent on party propaganda.
SRI LANKA
UN commissioner calls for return of land, de-militarisation in Sri Lanka
The United Nations High Commissioner for Human Rights Zeid Raad Al
Hussein urged the Sri Lankan military to accelerate the return of land to
rightful owners and reduce its size in the Northern and Eastern provinces.
According to the Sri Lankan government, about 3,000 acres have been
returned since January 2015 and 2,329 families resettled.
The size of the military in the two Provinces could be reduced to a level
that is less intrusive and intimidating.
Mr. Hussein acknowledgement
Acknowledging that Prime Minister Ranil Wickremesinghes recent
statement that all the disappeared persons were probably dead had
created great distress among their families, Mr. Hussein said rapid
action should be taken to identify precisely who is still alive and who has
died or been killed, properly account for their deaths identify the location
of their remains, and provide redress.
He acknowledged that the Sri Lankan government had sovereign right to
take decisions on the participation of foreign judges in the proposed
judicial mechanism issues.
At the same time, he also emphasized that international participation
could guarantee an impartial and independent judicial mechanism.
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PAKISTAN
Hindu Marriage Bill approved in Pakistan
After decades of delay and inaction, the Hindu minority community in
Pakistan will soon have a marriage law as a parliamentary panel has
unanimously approved the Hindu Marriage Bill.
The National Assembly Standing Committee on Law and Justice passed the
final draft of Hindu Marriage Bill 2015, where five Hindu lawmakers were
specially invited.
The committee adopted the bill unanimously after making two
amendments to fix the minimum age of marriage at 18 and making the
law applicable to the whole country.
The bill will now be tabled in the National Assembly where it has fair
chances of being passed as the ruling Pakistan Muslim League-Nawaz
(PML-N) party is supporting it.
War of words over F-16 deal
War of words continued, Pakistan said it was surprised by Indias
response to the American decision to supply eight F-16 fighter jets to the
Pakistan Air Force.
Their army and arsenal stock is much larger and they are the largest
importer of defence equipment. As regards F-16 sale, Pakistan and the
United States closely cooperate in countering terrorism.
A U.S. spokesperson clearly announced that the sale is to enhance
precision strike capability.
Strategic commentators were quick to find fault with the statement from
the Pakistan Foreign Ministry.
India is not the largest importer of arms. India is one of the big importers.
Our weapons acquisition policy is also different from other countries and
we cannot, therefore, be slotted with others in purchasing of weapons.
U.S. Ambassador to India Richard Verma described the sale as part of a
legacy announcement made several years ago.
There are technical processes like the Congressional ratification. There is
a big counter-terrorism insurgency component as well. Over the years U.S.
assistance to Pakistan has been a mix of both civilian and military
equipment.
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Despite threats, thousands join anti-polio drive in Pakistan
More than 100,000 health workers fanned out across Pakistan, stepping
up a drive to eliminate the polio virus this year from one of its last
bastions, despite continuing militant threats to vaccination teams.
Pakistan accounts for more than 70 per cent of the worlds cases of polio,
a virus that can cause lifelong paralysis and is now endemic in only two
countries, Pakistan and Afghanistan.
Pakistans polio cases are declining, with just 54 cases of wild polio virus
reported last year, down more than 80 per cent from 2014, when the
country suffered a large spike in cases.
The latest immunisation push aims to finish vaccinating every child in the
country by the end of May.
Efforts to eliminate polio in Pakistan have been complicated in recent
years, as polio workers have faced attacks by militants who say the health
teams are Western spies, or that the vaccines they administer are
intended to sterilise children.
UNITED STATES
Obama launches cyber-security action plan
President Barack Obama unveiled a new cyber-security national action
plan calling for an overhaul of aging government networks and a high-
level commission to boost security awareness.
The announcement responds to an epidemic of data breaches and cyber
attacks on both government and private networks in recent years, and
passage last year of a cyber-security bill that aims to facilitate better
threat sharing.
Mr. Obama asked for $19 billion for cyber-security efforts in his budget
request, a 35 per cent increase from current levels, with $3 billion
earmarked to help modernise the patchwork of computer systems used in
government agencies.
The moves come after disclosures last year that personal data from some
20 million federal employees, contractors and others had been leaked in a
massive breach at the Office of Personnel Management.
Mr. Obama issued an executive order creating a 12-member cyber-
security commission to make recommendations to both the public and
private sectors.
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U.S. sends more troops to Afghanistan
Hundreds more U.S. troops are headed for Afghanistans strife-torn
Helmand province to shore up security forces who have struggled in the
face of sustained Taliban attacks.
The core of the new force will provide more security and act as advisers to
the Afghan armys 215th Corps.
Security forces in the southern province have been plagued by high
desertion and casualty rates, corruption, and leadership problems, and
the army corps recently saw more than 90 general officers replaced in a
major shakeup.
This was a planned deployment of additional personnel to both bolster
force protection for the current staff of advisers and to provide additional
advisers to help with ongoing efforts to re-man, re-equip, and re-train the
215th Corps.
The NATO-led coalition in Afghanistan declared its combat mission over at
the end of 2014, and the new troops in Helmand would be there to train,
advise, and assist our Afghan counterparts, and not to participate in
combat operations.
RUSSIA
Russians raise stakes in Syria
For months now the U.S. has insisted there is no military solution to
the Syrian civil war, only a political accord between President Bashar
Al-Assad and the fractured, divided opposition groups that have been
trying to topple him.
But after days of intense bombing that could soon put the critical city
of Aleppo back into the hands of Mr. Assads forces, the Russians may
be proving the U.S. wrong.
Secretary of State John Kerry faces as he enters a critical negotiation
over a ceasefire and the creation of a humanitarian corridor to
relieve starving Syrians besieged in more than a dozen cities, most by
Mr. Assads forces.
The Russian military action has changed the shape of a conflict that
had effectively been stalemated for years. Suddenly, Mr. Assad and his
allies have momentum, and the U.S.-backed rebels are on the run.
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If a ceasefire is negotiated here, it will probably come at a moment Mr.
Assad holds more territory, and more sway, than since the outbreak of
the uprisings in 2011.
Mr. Kerry enters the negotiations with very little leverage: The
Russians have cut off many of the pathways the CIA has been using for
a not-very-secret effort to arm rebel groups.
Mr. Kerrys supporters inside the administration say he has been
increasingly frustrated by the low level of U.S. military activity, which
he views as essential to bolstering his negotiation effort.
Mr. Kerry is circumspect about his dilemma. His colleagues in the
administration, however, fear that a three-month-long effort to begin
the political process is near collapse. If it fails, it will force Kerry and
President Barack Obama, once again, to consider their Plan B: a far
larger military effort, directed at Mr. Assad.
But that is exactly the kind of conflict that Mr. Obama has spent five
years trying to avoid, especially when any ground campaign would
rely on forces led by a fractious group of opposition leaders that he
distrusts.
Without a political solution or a stepped-up military effort, the U.S. is
not only left with little influence over the course of the Syrian civil
war, but without a viable strategy to bring all of the warring parties
together to fight the Islamic State.
An open breach erupted with the Turks, who charge that the U.S. is
empowering the Kurds, with whom Turkey believes it is in an
existential struggle.
Recep Tayyip Erdogan, the countrys President, denounced
Washington for failing to declare a Syrian Kurdish rebel group as a
terrorist organisation.
U.S., Russia agree on Syria ceasefire plan
World powers agree to immediately start delivering humanitarian aid
to besieged communities.
Diplomats agreed to work toward a temporary cessation of
hostilities in Syrias civil war.
The deal appeared to be the result of a compromise between the U.S.,
which had wanted an immediate ceasefire, and Russia, which had
proposed one to start on March 1.
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Although foreign ministers from the International Syria Support
Group managed to seal an agreement to accelerate and expand
deliveries of humanitarian aid to besieged Syrian communities.
Their failure to agree on a ceasefire leaves the most critical step to
resuming peace talks unresolved. It was not clear from their
comments afterward if deep differences regarding the truce and
which groups would be eligible for it could be overcome.
The real test is whether or not all the parties honour those
commitments and implement them.
Russia to continue targeting rebels
The Turkish army shelled Kurdish militia in northern Syria; while
Russia made clear it would continue bombing Syrian rebel targets,
raising doubts that a planned ceasefire would bring much relief.
Major powers agreed to a limited cessation of hostilities in Syria but
the deal does not take effect until now and was not signed by any
warring parties the Damascus government and numerous rebel
factions fighting it.
Russian bombing raids directed at rebel groups are meanwhile
helping the Syrian army to achieve what could be its biggest victory of
the war in the battle for Aleppo, the countrys largest city and
commercial hub before the conflict.
The situation has been complicated by the involvement of Kurdish-
backed combatants in the area north of Aleppo near the Turkish
border, which has drawn a swift military response from artillery in
Turkey.
The Kurdish YPG militia, helped by Russian air raids, seized an ex-
military air base at Menagh recently, angering Turkey, which sees the
YPG as an extension of the PKK, a Kurdish group that waged a bloody
insurgent campaign on Turkish soil over most of the past three
decades.
Turkey began shelling while demanding that the YPG militia withdraw
from areas it has captured from Syrian rebels in the northern Aleppo
region in recent days, including the Menagh air base. The
bombardment killed two YPG fighters, according to the Syrian
Observatory for Human Rights.
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The Syrian Kurdish PYD party rejected Turkish demands for
withdrawal, while the Syrian government said Turkish shelling of
northern Syria amounted to direct support for insurgent groups.
The Kremlin said Russian President Vladimir Putin and U.S. President
Barack Obama had agreed to intensify cooperation to implement the
agreement on Syria struck in Munich.
Provisional deal reached on Syria ceasefire
U.S. Secretary of State John Kerry said that a provisional agreement
has been reached on a cease-fire
The modalities for a cessation of hostilities are now being completed.
Fighting has intensified in Syria during recent weeks and an earlier
deadline to cease military activities was not observed. The United
States, Russia and other world powers agreed on February 12 on a
deal calling for the ceasing of hostilities within a week, the delivery of
urgently needed aid to besieged areas of Syria and a return to peace
talks in Geneva.
UN envoy Staffan De Mistura halted the latest Syria talks on February
3, because of major differences between the two sides, exacerbated by
increased aerial bombings and a wide military offensive by Syrian
troops and their allies under the cover of Russian air strikes.
The humanitarian situation has only gotten worse, with an estimated
13.5 million Syrians in need of aid, including 6 million children.
Peace is better than more war, Mr. Kerry said. A political solution is
better than then a futile attempt to try to find a military one that could
result in so many more refugees, so many more jihadists, so much
more destruction, and possibly even the complete destruction of Syria
itself.
BRAZIL
Brazil enlists army in campaign against Zika
Brazilsgovernment launched a nationwide campaign to fight the Zika
virus, with President Dilma Rousseff and Cabinet Ministers personally
visiting homes and handing out leaflets along with 220,000 troops.
Under a scorching sun in the neighbourhood of Zepellin in the
outskirts of Rio de Janeiro, which will host the Olympic Games in
August, Ms. Rousseff said everyone needed to take part in the battle
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against the mosquito carrying Zika, suspected of causing the birth
defect microcephaly.
The so-called National Day for Zero Zika is focused on raising
awareness about the disease.
Other operations specifically aimed at spreading larvicides and
eliminating breeding spots will be launched later.
The Zika outbreak is affecting large parts of Latin America and the
Caribbean and is likely to spread to all countries in the Americas
except for Canada and Chile, the World Health Organization has said.
Zika virus
Zika virus disease is caused by a virus transmitted by
Aedesmosquitoes.
People with Zika virus disease usually have symptoms that can
include mild fever, skin rashes, conjunctivitis, muscle and joint pain,
malaise or headache. These symptoms normally last for 2-7 days.
There is no specific treatment or vaccine currently available.
The best form of prevention is protection against mosquito bites.
The virus is known to circulate in Africa, the Americas, Asia and the
Pacific.
IRAN
Iran exports first oil shipment to Europe after sanctions lifting
Iran exported its crude shipment to Europe for the first time since it
reached a landmark nuclear deal with world powers.
The shipment was the first after five years.
The shipment A new chapter in Irans oil industry but did not
elaborate.
Several western tankers have loaded Irans oil in recent days.
Iran plans to add one million barrels to its oil production followingimplementation of the nuclear deal, which lifted international
sanctions in exchange for Iran restricting its nuclear activities.
Iran expects an economic bonanza after the lifting of sanctions, which
will allow it to access overseas assets and sell crude oil more freely.
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Components made by Indian firms used in IS explosives, finds study
Residents gather at the site of
suicide bombings carried out by the
Islamic State near Damascus in
January.
Though components made by
Indian firms were used in
explosives used by the extremists,
there was no illegality on the part of
the companies.
Products from at least seven Indian companies figure in a large supply
of components that have ended up in explosives used by Islamic State
terrorists.
The European Union-funded 20-month-long study by the Conflict
Armament Research (CAR) states that the seven Indian companies
manufactured most of the detonators, detonating cord, and safety
fuses documented by their field investigation teams.
However, there was no illegality on the part of the Indian companies.
Under Indian law, transfer of this material requires a licence. All
components documented by CAR were legally exported.
The study established that 51 companies from 20 countries produced
or sold more than 700 components used by IS to build improvised
explosive devices (IEDs). Companies from other countries such as
Turkey, Brazil and the United States also appeared on the list.
The report said the IS is now producing IEDs quasi-industrial scale,
using both regulated components and easily available items such as
fertilisers and mobile phones.
With 13 companies, Turkey is the most important source of
components used in the manufacture of IEDs by the IS. The
components include chemical precursors, containers, detonating cord,
cables, and wires.
Some of these Turkish companies have also sourced materials from
companies in India and elsewhere, before the procured items that
landed up in IS hands.
During the siege of Kobane, a Syrian Kurdish town, last year, Kurdish
YPG militias captured detonating cord from IS.
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Solar Industries, India, produced one spool of detonating cord on 27
February 2014 and exported it to the Turkish company lci, Ankara.
Two months earlier, on 31 December 2012, Gulf Oil Corporation,
India, had produced a spool and exported it to the Turkish company
Nitromak Dyno Nobel, Ankara. Solar Industries, India, produced a
further two spools, on 21 and 23 October 2012, and exported them to
the Lebanese company Maybel, headquartered in Beirut.
However, all those Indian products landed up with the IS through
some intermediaries.
CAR also documented that Solar Industries produced detonating cord
that IS forces used to make IEDs on the Makhmour front line in Iraq at
the end of 2014.
In February 2015, a CAR investigation team in Kobane documented a
spool of detonating cord produced by Premier Explosives Ltd, India.
Premier Explosives has confirmed that it sold 6 million metres of
detonating cord to the Mechanical Construction Factory, Syria, in
2009 and 2010.
In December 2011, the European Union placed the Mechanical
Construction Factory on a sanctions list for acting as a front company
for the acquisition of sensitive equipment by the Syrian governments
Scientific Studies and Research Center.
CAR investigators also found Premier Explosivess detonating cord
among items that Kurdistan Regional Government security forces
seized from an IS cell in early December 2014 in Erbil, the capital of
Iraqi Kurdistan.
Premier Explosives has told CAR that it never supplied explosive
components to Iraq.
In Kobane, a spool of detonating cord produced by Rajasthan
Explosives and Chemicals, India, was found. The company was yet to
respond to the questionnaire from the CAR team.
In the investigations into explosives used by IS in Kobane, they also
saw spool of safety fuse produced by the Indian company Chamundi
Explosives.
In the absence of serial, batch, and lot numbers, and of a
manufacturing date, CAR is unable to document the items full chain of
custody.
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Chamundi Explosives has stated that the company had not supplied
any product to either Iraq or Syria.
In Kobane, Kurdish forces captured plain detonators from IS forces
that were manufactured by Indian company Economic Explosives.
Conflict Armament Research
CAR investigation teams work on the ground in active armed conflicts.
The teams document weapons at the point of use and track their
sources back through the chains of supply.
CAR teams investigate weapons in a variety of conflict-related
situations be they recovered by state security forces, surrendered at
the cessation of hostilities, cached, or held by insurgent forces.
By aggregating data on thousands of individual weapon transfers, CAR
provides the evidence-based information required to develop
effective arms control and counter-proliferation strategies.
IED
An improvised explosive device (IED) is abomb constructed and
deployed in ways other than inconventionalmilitary action.
It may be constructed of conventional military explosives, such as an
artillery round, attached to a detonating mechanism. IEDs are
commonly used as roadside bombs.
IEDs are generally seen in heavyterrorist actions or
inunconventional warfare byguerrillas orcommando forces in
atheater of operations.
In the secondIraq War, IEDs were used extensively against US-led
invasion forces and by the end of 2007 they had become responsible
for approximately 63% of coalition deaths in Iraq.
They are also used in Afghanistan by insurgent groups, and have
caused over 66% of coalition casualties in the2001present
Afghanistan War.
IEDs were also used extensively by cadres of the rebelTamil
Tiger (LTTE) organization against military targets inSri Lanka.
https://en.wikipedia.org/wiki/Bombhttps://en.wikipedia.org/wiki/Conventional_warfarehttps://en.wikipedia.org/wiki/Militaryhttps://en.wikipedia.org/wiki/Terroristhttps://en.wikipedia.org/wiki/Unconventional_warfarehttps://en.wikipedia.org/wiki/Guerrilla_warfarehttps://en.wikipedia.org/wiki/Commandohttps://en.wikipedia.org/wiki/Theater_(warfare)https://en.wikipedia.org/wiki/Iraq_Warhttps://en.wikipedia.org/wiki/War_in_Afghanistan_(2001%E2%80%93present)https://en.wikipedia.org/wiki/War_in_Afghanistan_(2001%E2%80%93present)https://en.wikipedia.org/wiki/War_in_Afghanistan_(2001%E2%80%93present)https://en.wikipedia.org/wiki/War_in_Afghanistan_(2001%E2%80%93present)https://en.wikipedia.org/wiki/Tamil_Tigerhttps://en.wikipedia.org/wiki/Tamil_Tigerhttps://en.wikipedia.org/wiki/Sri_Lankahttps://en.wikipedia.org/wiki/Sri_Lankahttps://en.wikipedia.org/wiki/Tamil_Tigerhttps://en.wikipedia.org/wiki/Tamil_Tigerhttps://en.wikipedia.org/wiki/War_in_Afghanistan_(2001%E2%80%93present)https://en.wikipedia.org/wiki/War_in_Afghanistan_(2001%E2%80%93present)https://en.wikipedia.org/wiki/Iraq_Warhttps://en.wikipedia.org/wiki/Theater_(warfare)https://en.wikipedia.org/wiki/Commandohttps://en.wikipedia.org/wiki/Guerrilla_warfarehttps://en.wikipedia.org/wiki/Unconventional_warfarehttps://en.wikipedia.org/wiki/Terroristhttps://en.wikipedia.org/wiki/Militaryhttps://en.wikipedia.org/wiki/Conventional_warfarehttps://en.wikipedia.org/wiki/Bomb -
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NORTH KOREA
Kim pushes for more satellite launches North Korean leader Kim Jong-un has promised to put more satellites
in space, even as the international community prepares to punish hisregime over a long-range rocket launch.
North Korea sparked international anger with the launch of theKwangmyongsong-4 satellite, which came just a month after its fourthnuclear test.
The launch, which most in the international community viewed as a
disguised ballistic missile test, violated multiple UN resolutions.
Meanwhile, in South Korea, a top ruling party official called for thecountry to develop its own nuclear deterrent to combat the threatfrom the North.
U.S. tactical nuclear weapons were withdrawn from South Korea inlate 1991, though the country remains under the protection of the U.S.nuclear umbrella.
U.S. imposes new unilateral sanctions on North Korea U.S. President Barack Obama signed into law a piece of legislation
passed by Congress imposing new sanctions against North Korea fortesting a nuclear device on January 6 and launching a satellite onFebruary 7 using ballistic missile technology.
New unilateral sanctions by the U.S seek to sharpen and expand thescope of existing sanctions against the North, but with its neighbourand closest ally China opposed to it, the efficacy of the move remainsambiguous at best.
The new sanctions regime will require the President to mandatorilyinvestigate and designate persons and entities for violations.
The law will also give more tools to the administration to enforcesecondary sanctions which are restrictions on a third country fromdoing business with the North.
The bill also now covers some activity not targeted for sanctionsbefore, such as North Koreas metal and coal exports, and gives theU.S. government greater tools to implement so-called secondarysanctions.
Since North Korean entities are often difficult to sanction directly, thiscould be a more effective way to cut off North Koreas third -countrysupport networks, streams of foreign revenue, and supply chains.
The law also provides for $50 million to support humanitarianprogrammes and transmit radio broadcasts into the North.
North Koreas main supply lines are from China, which has beenunwilling to be harsher with sanctions.
U.S.s unilateral push could further add to the tensions with China,heightened in recent days over disputes in South China Sea.
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UNITED KINGDOM
Brexit referendum campaign begins in U.K. Nearly 200 business leaders and unions representing 6 million
workers come out in support of the Stay campaign. The campaign on Brexit has begun in the U.K., with Prime Minister
David Cameron receiving early backing for his call for the country toremain in the European Union from opposite ends of British society.
Even as the pound, which had taken a plunge recently in response tothe Brexit uncertainty, slowly recovered ground, nearly 200 business
leaders employing over 1.2 million people, and U.K.s Trade UnionCongress representing six million workers came out in support of theStay campaign.
198 business leaders, including theheads of 36 companies from FTSE100, plus Francis OGrady, GeneralSecretary of the Trade UnionCongress, made the case for stayingwithin the EU.
Britain needs unrestricted access to
the European market of 500 millionpeople in order to continue togrow, invest and create jobs.
If the Brexit camp gets their way,many vital workplace benefits that the EU has given us paidholidays, extra maternity rights and better conditions for part-timeworkers could be for the chop.
That may prove attractive to unenlightened business leaders, but itwill not win the hearts and minds of working people buckling underthe strain of insecurity and reduced living standards.
Leave campaigners allege that the business bosses some of them
Conservative Party funders who have signed up to the lettercomprise just a third of the FTSE 100 companies. Initiated by theBritain Stronger in Europe campaign and the Prime Ministers Office,it includes heads of business houses like Marks and Spencer, British
Telecom, Vodafone, and ASDA, although equally big businesses havenot signed.
The political divide over Brexit could not have been more evident inthe House of Common, when David Cameron presented his case forstaying in a reformed Europe. It was an unusual Commons debatenot least because the two opposing groups did not face each other asoccupants of Treasury and Opposition benches usually do.
The debate is poised to become more intense and confrontationalonce the campaign groups hit the road. The in-out referendum onBritains future in the EU will be held on June 23.
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INTERNATIONAL ORGANISATION
WHO issues $56 million plan to combat Zika virus
The World Health Organization (WHO) said that $56 million were
needed to combat the Zika virus until June, including for the fast-
tracking of vaccines, diagnostics and research studies into how it
spreads. The funds, including $25 million for the WHO and its regional office,
would also be used to control the mosquito-borne virus that has
spread to 39 countries, including 34 in the Americas.
The WHO expects the funds to come from member states and other
donors and said that in the meantime it has tapped a new emergency
contingency fund for $2 million to finance its initial operations.
India near bottom of intellectual property index
India was ranked 37 out of 38 countries, with only Venezuela scoring
lower, in the U.S. Chamber of Commerce-International Intellectual
Property Index.
The U.S. was ranked first, followed by the UK, Germany, France and
Sweden. Indias peers in the BRICS grouping were all ranked ahead
with Russia ranked 20th, China (22nd), South Africa (26th) and Brazil
(29th). The 38 economies benchmarked in the 2016 Index accounts
for nearly 85 per cent of the global GDP.
The Index produced by the Chambers Global Intellectual Property
Center (GIPC) is based on 30 criteria critical to innovation including
patent, copyright and trademark protections, enforcement, and
engagement in international treaties.
India remains at the bottom of the Index for the fourth year in a row.
It said patent protection in India remains outside of international best
practices, adding that Indian law does not provide adequate
enforcement mechanisms to effectively combat online piracy.
Indias score would have increased if the government had not
suspended implementation of Final Guidelines for Computer Related
Inventions (CRI).
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Among Indias key areas of weakness was the use of compulsory
licensing (CL) for commercial and non-emergency situations, and the
expanded use of CL being considered by the Indian government.
CL relates to the government allowing entities to manufacture, use,
sell or import a patented invention without the permission of the
patent-owner.
Another area of weakness was poor application and enforcement of
civil remedies and criminal penalties.
The Index was created so that countries such as India can hear
directly from the business community on the IP-related issues
important to them when considering investing in new markets
The report said Brazil, China, India, Indonesia, and Russia introduced
or maintained policies that tie market access to sharing of IP and
technology.
Such forced-localization policies tend to undermine the overall
innovation ecosystem and deter investment from foreign IP-intensive
entities.
What is Intellectual Property?
Intellectual property (IP) refers to creations of the mind, such as
inventions; literary and artistic works; designs; and symbols, names
and images used in commerce.
IP is protected in law by, for example patents,copyright andtrademarks,
which enable people to earn recognition or financial benefit from
what they invent or create.
By striking the right balance between the interests of innovators and
the wider public interest, the IP system aims to foster an environment
in which creativity and innovation can flourish.
Global Intellectual Property Center (GIPC)
The Global Intellectual Property Center (GIPC) was established in
2007 as an affiliate of the U.S. Chamber of Commerce.
Today, the GIPC is leading a worldwide effort to champion intellectual
property rights as vital to creating jobs, saving lives, advancing global
economic growth, and generating breakthrough solutions to global
challenges.
http://www.wipo.int/patents/en/http://www.wipo.int/copyright/en/http://www.wipo.int/trademarks/en/http://www.wipo.int/trademarks/en/http://www.wipo.int/copyright/en/http://www.wipo.int/patents/en/ -
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Strengthen peacekeeping under U.N. to counter new threats
Weeks after Defence Minister Manohar Parrikar spoke about sending
troops to fight the IS in Syria, India told the United Nations Special
Committee for Peacekeeping Operations that it recognises the need
for flexibility on international anti-terror operations if they are
backed by U.N. authorisation.
Syed Akbaruddin, the Permanent Representative of India to U.N.
The High-Level Independent Panel on Peace Operations (HIPPO)
report has expanded the scope of counter-terror operations beyond
the traditional U.N. peacekeeping operations by recommending that
ad hoc coalitions authorised by the U.N. Security Council can
undertake counter-terror operations with the intention of
peacekeeping and peace-enforcement.
Diplomatic sources told that the HIPPO report recommendations will
be implemented after cost-benefit analysis for India.
However, military experts have argued that India, which is one of the
largest troop-contributors to the U.N. peace missions, has been
looking for a flexible agenda to help it coordinate the peace operations
better under the U.N.
Mr. Akbaruddin also highlighted that peacekeeping under the U.N.
needs to be strengthened in view of the expanding international
networks of terrorism.
That apart, India welcoming the U.N. report has triggered a debate
with experts suggesting that the mention of ad hoc coalitions
authorised by the U.N. Security Council, has opened up possibilities of
Indias participation in foreign anti-terror operations to safeguard
Indian interests.
BRICS bank set to fund green energy projects
The New Development Bank (NDB) a multilateral lender with a focus
on the Global South of the Brazil-Russia-India-China-South Africa
(BRICS) grouping is all set to fund more than a dozen projects this
year that will focus on renewable energy.
President of NDB is K.V.Kamath.
The initial focus of the bank would on green energy projects.
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The lending will commence in April, would fund a project each from
the five member grouping. 10-15 projects are in the pipeline for the
remaining part of the year.
The NDB President Sighned the Headquarters Agreement with the
Chinese government that will officially launch the bank for operations
clarified that the lender was not geared to issue soft loans.
On the rate of interest, they will not be lending on concessional terms.
That was not the intent at all. They will need to factor their own cost
of funds and add an appropriate margin.
Cost of funds would be determined by their actual experience in the
market. So they will function as a prudent bank should.
The NDB would include market borrowing to raise capital, but
stressed that bonds in local currency, rather than hard currency,
would be favoured.
NDB will be resorting to bond issues, it will raise it in local currencies
where it is feasible and of course it will supplement where it is
required in with dollar bond issues.
The NDBs initial capital has been fixed at $50 billion, and the total
paid in capital would be $10 billion. Analysts point out that following
the 2008 financial crisis, the NDB and the China-led Asian
Infrastructure Development Bank (AIIB) both geared towards
infrastructure development in Asia and the Global South are
reshaping the global financial architecture, a field that had been
monopolised by western backed International Monetary Fund (IMF),
the World Bank and the Asian Development Bank (ADB).
With Africa also one of its focal points, the NDB is set to open an
African Regional Centre, headquartered in Johannesburg, by the
second half of this year. It would aim to develop a project pipeline
for the continent.
The NDB will soon become a strong and well-respected international
financial institution, playing a leading role in the changing
international financial architecture.
On the eve of its operational launch, the NDB has bagged a AAA
institutional rating from domestic credit rating agencies in China,
where the China Development Bank and the Bank of China have been
appointed as rating advisers.
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Standard Chartered and Goldman Sachs are in the saddle as
international rating advisors.
Survey questions Indias stand at WTO
The economic survey questioned Indias unequivocal stance at the
World Trade Organization (WTO)-level negotiations on the need for
developing countries to have an effective and easy-to-use Special
Safeguard Mechanism (SSM) to protect poor and very vulnerable
farmers from import surges and price dips.
The SSM is a tool, which, if given, will permit developing nations like
India to temporarily hike tariffs to counter import surges or price falls
of farm products.
Differences between the developing and the developed world over the
SSM issue had even led to the WTO talks breaking down in July 2008.
Though WTO members agree that developing countries should have
an SSM, the differences are on allowing developing nations to hike
tariffs above the commitments they (developing nations) made in the
WTOs 1986-94 Uruguay Round talks.
Pointing out that as per the Uruguay Round decisions, countries
including India, could raise tariffs up to a very high level even
without the SSM.
The Nairobi Ministerial Declaration had incorporated the right of
developing nations to have recourse to an SSM. The declaration also
said SSM negotiations will be pursued in dedicated sessions of the
Committee on Agriculture in Special Session.
During the Nairobi meeting, Commerce Minister Nirmala Sitharaman
had said the SSM was important for developing nations to address
import surges and price dips due to heavily subsidised imports of
farm products from rich nations.
Pointing out that an instrument similar to the SSM was available to a
select few WTO members (including rich nations) for over two
decades, therefore, the demand for SSM for developing nations was
reasonable and pragmatic.
The survey said Indias real need for SSM arises in relation to few
items including some milk and dairy products, some fruits, and raw
hides.
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On these items, the survey said, Indias tariff bindings (commitments
at the WTO) are around 10-40 per cent which can be uncomfortably
close to Indias current tariffs, limiting Indias options in the event of
import surges.
What is Special Safeguard Mechanism under WTO?
WTOs Special Safeguard Mechanism (SSM) is a protection measure
allowed for developing countries to take contingency restrictions
against agricultural imports that are causing injuries to domesticfarmers.
The contingency measure is imposition of tariff if the import surge
causes welfare loss to the domestic poor farmers. The design and use
of the SSM is an area of conflict under the WTO.
What are safeguards?
In WTOs terms, safeguards are contingency or emergency
restrictions on imports taken temporarily to deal with special
circumstances such as a surge in imports.
Contingency restriction means imposition of an import tax if the
imports are causing injuries to domestic agricultural sector. Theoriginal GATT itself allows such restrictions to protect domestic
economy.
Doha Development Agenda and the origin of the SSM
At the Doha Ministerial Conference, the developing countries were
given a concession to adopt a Special Safeguard Mechanism (SSM)
besides the existing safeguards (like the Special Agricultural
Safeguard or the SSG).
This SSM constituted an important part of the promises offered to the
developing world at Doha (known as Doha Development Agenda) and
the Doha MC became known as a development round. As mentioned, the Special Safeguard Mechanism (SSM) allowed
developing countries to raise import duties on agricultural products
in response to import surges.
Difference between SSM and other safeguards under
Agreement on Agriculture
The SSG was available to all countries- both developing and
developed whereas the SSM is allowable only to the developing
countries.
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It is to be mentioned that the SSG was available as it was inducted
under the GATT agreement; whereas the SSM was the invention of
the Doha MC.
Conflict among WTO members about the structure of the SSM
But the design of exact rules of the SSM created conflict among the
WTO members. Setting the conditions for putting restrictions on
imports and the amount of tariff imposition became contentious
issues and it caused the delay in the implementation of the entire
Doha Development Agenda.
Powerful negotiating countries at the WTO, the US and India had
conflicting versions about the structure of the SSM. Other countries
joined the two sides later. The G33 supports Indias stand whereas the
advanced countries and some agricultural exporting countries like
Brazil supports the US stand.
Both groups differed substantially on many aspects of the SSM.
Following are the main issues which created the conflict.
1.
What should be the trigger factor that allows a developing country to
put restrictions (raising tariff) on imports?
2.
What should be the level of tariff that can be imposed on injurious
imports
India argued for higher level of tariff and lower import surge for
making the SSM. On the other hand, the US and allies argued for
lower tariffs and higher imports for using the SSM. In 2008, the trade
discussions got to a standstill because of the above conflicting views
on SSM; especially due to the difference among the US and India.
Basically, the underlying cause of the disagreement among members
was the inability to distinguish between import surges that do
not threaten the livelihood conditions of developing country farmers
and those that do. Much of the debate has focused on the
circumstances under which the SSM could be evoked and how high
safeguard duties could rise.
The developed countries want developing nations, including India, to
agree to use SSM instrument when imports surge on a sustained
basis by 40% over the previous year. On the other hand, India and the
G33 insist that the mechanism can come into play if imports rise by
about 10%.
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After G20 stalemate, focus turns to signs of growth
The Group of 20 economies were unable to agree on a joint push for
new stimulus measures, turning attention instead to upcoming
business surveys from China, Japan, Europe the United States.
Central banks in Europe and Japan may inject a little more stimulus
into their economies later in March.
But the Federal Reserve and the Bank of England look likely to sit
tight for now, meaning hopes for a period of calm in the world's
volatile financial markets lie largely with the indicators.
It seems economic data will have to bear the burden of stabilizing
sentiment.
Euro zone inflation
A first reading of inflation in February for the euro zone will help
shape expectations of how much further below zero the European
Central Bank is likely to push its deposit rate the following week.
Euro zone inflation picked up in January but is expected to have fallen
back to zero in February.
If there is also a weakening of the monthly purchasing manager
indexes for Germany and other leading euro zone countries, the ECB
may consider increasing its bond-buying programme as well as
cutting rates on March 10.
There is a growing chance that the ECB will do more at its March
meeting than simply lowering its deposit rate.
U.S. payrolls figures may help ease fears about the world's biggest
economy, which appeared to stumble soon after the Federal Reserve
felt confident enough to hike interest rates for the first time in nearly
a decade in December.
Solid U.S. job growth and pay growth are seen as the best antidote to
the upheaval in global financial markets which has hurt confidence
and even raised questions about whether the United States was
heading back into recession.
U.S. inflation
Markets have turned calmer in recent days, helped by stronger-than-
expected U.S. inflation figures. But the impact of plunging share prices
has shaken the confidence of many households and businesses in rich
countries.
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Economists at Citi have cut their forecast for global economic growth
this year to 2.5 percent from 2.7 percent due to slowing activity in
developed economies.
They said growth could come in below 2 percent equivalent to a
global recession because of the chance of weaker growth among
emerging economies.
INDIA AND WORLDINDIA AND CHINA
India, China hold first joint tactical drill on border
The border troops of India and China held their first joint tactical
exercise in the Chushul-Moldo area along the northern border.
This is part of the ongoing initiatives taken by India and China to
ensure greater interaction between troops stationed along the Line of
Actual Control, and thereby ensure peace and tranquillity along the
border.
As previously agreed by both countries, the exercise focussed on
actions to be coordinated to tackle jointly aspects of humanitarian aid
and disaster relief.
The 30-member Indian Army team was led by Colonel Ritesh Chandra
Singh, while the Chinese delegation with an equal strength was led by
Colonel Qu Yi.
This exercise complements the Hand-in-Hand series of India-China
Joint Exercises and the recently conducted joint exercise in Sikkim.
Chushul
Chushul is a village in theLeh district ofJammu and Kashmir,India.
It is located in theLehtehsil,in the area known as "Chushul Valley".
INDIA AND UAE
India, UAE sign nine agreements
India and the United Arab Emirates (UAE) signed nine agreements
covering cooperation in the fields of currency swap, culture,
investments in the infrastructure sector, renewable energy, space
research, insurance supervision, cyber security, skill development and
commercial information sharing.
https://en.wikipedia.org/wiki/Leh_districthttps://en.wikipedia.org/wiki/Jammu_and_Kashmirhttps://en.wikipedia.org/wiki/Indiahttps://en.wikipedia.org/wiki/Lehhttps://en.wikipedia.org/wiki/Tehsilhttps://en.wikipedia.org/wiki/Tehsilhttps://en.wikipedia.org/wiki/Lehhttps://en.wikipedia.org/wiki/Indiahttps://en.wikipedia.org/wiki/Jammu_and_Kashmirhttps://en.wikipedia.org/wiki/Leh_district -
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The Ministry of External Affairs initially announced four agreements
but revised the list later adding five more agreements.
However, the much anticipated agreement on India accessing UAEs
Sovereign Fund was not declared. India should carry out some
structural changes in its economy to facilitate such an agreement.
India and the UAE had begun a dialogue that would firm up a Free
Trade Agreement between India and the Gulf Cooperation Council.
The SWFs wanted the Indian government to be a strategic partner for
safety of their investments, besides an assurance of a conducive
business environment.
INDIA AND BELGIUM
Belgium keen on joining Clean Ganga drive
Belgium is keen on taking part in the Clean Ganga campaign, and a
Belgian mission with companies specialising in sanitation will meet
Indian government officials soon.
A Belgian Research Institute, Vito has developed a technology not only
to clean sewage water but also to produce electricity out of it
First is cleaning up the actual pollution there are certain companies
that specialise in that. The second is preventing pollution; that is a
huge effort.
Belgium also wants to diversify its trade with India in the diamond
business, which contributes to a large part of the bilateral trade.
Prime Minister Narendra Modi is expected to visit Belgium as part of
his EU tour in March.
INDIA AND EU
Modi to attend summit of EU, India in Brussels
Prime Minister Narendra Modi will travel to Brussels for the EU-India
summit on March 30, which is being held after a long gap of four years
that have also seen the suspension of talks on the Bilateral Trade and
Investment Agreement (BTIA).
Sources also say that there will be one more meeting on the FTA on
March 30 at the level of Commerce Ministers on the sidelines of the
PMs visit.
According to officials there are still some obstacles preventing the
resumption of the India-EU FTA talks that were suspended in 2013
after 16 rounds of negotiation.
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To begin with, the EU is learnt to have asked India to substantially
bring down the high duties on automobiles as a pre-condition for
resumption of the FTA negotiations.
Indias import duty on cars range from 60-120 per cent as against the
EUs 10 per cent.
INDIA AND SRI LANKA
Storm over Sri Lankan deal with India
The Opposition and sections of professional organisations here have
kicked up a storm over the proposed Economic and Technology
Cooperation Agreement between India and the island nation.
Calling the pact a fresh variant of the Comprehensive Economic
Partnership Agreement (CEPA), which was aborted earlier, the Joint
Opposition, a coalition of seven parties and groups owing allegiance to
former President Mahinda Rajapakasa, said the deal had to be
abandoned due to lack of public support.
Professional bodies representing doctors, engineers and lawyers took
out a rally against the proposed pact a few weeks back.
Critics have said the deal would pave the way for Indian professionals
and semi-skilled and unskilled persons to flood Sri Lankas labour
market.
The governments response has also been forceful.
Indian delegation to visit Colombo
A delegation of officials from India will visit Colombo on March 4 to
hold talks with Sri Lankan officials regarding the proposed Economic
and Technology Cooperation Agreement (ETCA).
In the event of any shortage of professionals in Sri Lanka, the
proposed agreement would be amended after consulting stakeholders
concerned.
The new pact would cover areas such as financial services, promotion
of trade and investment, e-commerce and tourism.
Sri Lankan industry split over economic pact with India
The Ceylon Chamber of Commerce (CCC) has come out in support of
the proposed Economic and Technology Cooperation Agreement
(ETCA) with India even as certain sections of society in Sri Lanka
continue to express reservations over the issue.
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For the island nation, being a small economy with a limited domestic
market, trading more with the world and welcoming more business
and investment partnerships from abroad is our only path to
prosperity.
In this, greater openness to trade in services cannot be ignored, owing
to its strong and growing link to goods trade and investment.
Services liberalisation needs to be pursued, within a mutually-
beneficial framework and following stakeholder discussions,
according to the 177-year-old CCC. It also cautioned the Sri Lankan
Government against protectionism.
The Chamber stated that the country in the last 15 years became
more closed and more inward looking than before with a falling
share of global exports and a declining exports-to-GDP ratio.
INDIA AND U.S.
U.S. Defence Secretary Ashton Carter to visit India in April
U.S. Defence Secretary Ashton Carter will be visiting India in April and
focused efforts are underway to make progress in concluding the
three outstanding defence agreements between the two countries.
India and the U.S had in January last year announced a joint strategic
vision for the Asia-Pacific and Indian Ocean Region even as the U.S.
continues to accuse China of militarising the region.
The recent North Korean nuclear adventurism has prompted U.S allies
such as South Korea and Japan to seek higher U.S presence in the
region.
Termed foundational agreements, the Communications and
Information Security Memorandum of Agreement, Logistics Support
Agreement and Basic Exchange and Cooperation Agreement for geo-
spatial intelligence have been pending for at least a decade now and
will be the focus during Mr. Carters visit.
The U.S has signed these agreements with most of its strategic
partners. Dominant sections within the political and strategic
community in India have argued that signing of these agreements will
lock the country in an irreversible embrace with the U.S.
India and the U.S. have already signed one foundational agreement
the General Security of Military Information Agreement.
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For India-U.S. defence cooperation to be effective and optimal, these
agreements can be of great help.
INDIA AND IRAN
India approves $150 million Iran port plan
India approved a $150 million project to develop the strategic Iranian
port of Chabahar, which includes a transit route to Afghanistan
bypassing neighbouring Pakistan.
New Delhi signed a multi-million-dollar memorandum of
understanding with Tehran last May to develop the port on its
southeastern coast, but the deal had been stuck since.
The project would provide opportunities to Indian companies to
penetrate and enhance its footprint in the region, adding: Cabinet
approves provision of credit of $150 million USD to Islamic Republic
of Iran for Chabahar port development.
INDIA AND PAKISTAN
India moving U.N. to blacklist Masood
In its biggest diplomatic move after the Pathankot attack, India
approached the United Nations to include the Pakistan-based terror
mastermind Maulana Masood Azhar on the list of globally designated
terrorists.
Officials said India would formally request the 1267 Sanctions
Committee, which consists of 15 members, to schedule a discussion
on Masood Azhar.
The decision is significant since it is the second time in less than a
year that India will attempt to isolate an international terrorist
through the anti-terror committee.
In June 2015, India moved the committee in the United Nations,
demanding an explanation from Pakistan for its decision to release
the 26/11 attack plotter Zakiur Rahman Lakhvi from jail.
The attempt to isolate Pakistan, however, failed at the last moment
because of Chinas opposition. Officials said that this year too, Chinas
attitude would be watched.
However, according to experts, the attempt to isolate Masood Azhar
has a greater possibility to succeed at the 1267 Sanctions Committee.
India has already given actionable intelligence and technical
intercepts that connect Masood Azhars organisation to the Pathankot
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attack. The technical inputs are likely to be presented before the UN
committee.
INDIA AND FIJI
40 tonnes of relief material airlifted to cyclone-hit Fiji
India recently dispatched relief material to cyclone-hit Fiji as part of
its humanitarian assistance and disaster relief efforts in the
neighbourhood.
A C-17 Globemaster transport aircraft of the Indian Air Force took off
from the Palam air station to Fiji, via Chennai, with 40 tonnes of relief
material.
The consignment includes food, medicines and tents. Fiji was hit by
the massive Cyclone Winston recently, leaving at least 44 dead.
The island nation has requested foreign aid. India has already
announced aid in the aftermath of the disaster.
Reaching out to a friend in need. India extends $1 million in
immediate assistance to Fiji after devastating Cyclone Winston hits.
INDIA AND NEPAL
NDO-Nepal Battalion Level Combined Military Exercise Surya Kiran IX
The Indo-Nepal Combined Military Exercise Surya Kiran IX held at general
area, Pithoragarh. The Nepal Army is being represented by officers and
troops of the elite Shree Rudra Dhoj Battalion while an Infantry Battalion
is participating on behalf of Indian Army. The Combined Battalion Level
Exercise is being conducted under the aegis of Panchshul Brigade of
Central Command.
This is the Ninth Indo-Nepal Combined exercise, emphasis would be laid
on upgradation of tactical and practical skills by sharing each others
experiences and also on enhancing interoperability in Jungle Warfare and
Counter Terrorism operations in mountain terrain. The role and
importance of Armed Forces in disaster management in both the
countries has assumed increasing significance in recent years. Focus will
also be laid on Humanitarian Aid and Disaster Relief Operations which
also includes medical and aviation aspects.
Both the armies have a lot to learn from each other especially in our
approach towards handling the modern day challenges of addressing
terrorism and also in disaster management as it has been one of the most
important challenges for both countries after the recent calamities. Senior
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Nepalese Army officials are also likely to attend the combined exercise
along with their Indian Counterparts during the validation phase of the
exercise.
INDIA AND INDONESIA
Indo-Indonesia Joint Training Exercise Garuda shakti IV
Indo-Indonesia Joint Training Exercise GARUDA SHAKTI is conducted as
part of military diplomacy between Indian and Indonesian Army
alternatively in India and Indonesia respectively. The exercise is
conducted on a reciprocal basis and its first edition was conducted in the
year 2012 in India. The second edition was conducted in Indonesia in
2013 and third in India in 2014. The exercise is aimed at building and
promoting positive relations between the two Armies of India and
Indonesia.
Indonesia in which an Indian Army platoon strength contingent will carry
out cross training with a platoon from the Airborne battalion of the
Indonesian Army. The selected Indian unit has had varied operational
experience in Counter Insurgency and Counter Terrorist operations in the
Northern, Western and Eastern theatres. The Indian Contingent has been
put through a rigorous training schedule to prepare it for the exercise
which includes combat conditioning, firing, tactical operations, tactical
skills and special heliborne operations training.
The operational part of the exercise commenced with individual Armiestraining in respective countries and this would translate in exchange ofexpertise during the Joint Training Exercise in Indonesia. The Indiancontingent will reach the exercise location at Magelang, Indonesia,familiarize with the weapons, equipment, tactical drills and orientthemselves to the terrain.
The exercise will be conducted as joint Counter Insurgency operations
exercise in urban and rural scenario and encompass various facets oftactical Counter Insurgency operations. The aim of the exercise is to buildand promote positive relations between the armies of India and Indonesiaand to enhance the ability of Indian and Indonesian Army to undertakejoint tactical level operations in a Counter Insurgency environment underUnited Nations Charter.
The scope encompasses visualization of insurgency related crisis situation
in rural / urban setting in Counter Insurgency environment, learn eachother's Counter Insurgency doctrines, tactics and share experience of
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Counter Insurgency operations. It also includes the ambit of identifyingareas of expertise/ specialization of each other, evolution of combattactical drills for conduct of tactical Counter Insurgency operations and toundertake combined training for neutralization of insurgency threat.
INDIA AND SWEDEN
MoU signed between India and Sweden on Technical Cooperation in Rail
Sector
A Memorandum of Understanding (MoU) has been signed between
Ministry of Railways and the Ministry of Enterprise and Innovation of theKingdom of Sweden on Technical Cooperation in Rail Sector. Following cooperation areas are identified in the MoU:
(a)
Benchmark Railways policy development, regulations, organizationand specific characteristics for each country.
(b)
Exchange of knowledge, technical expertise, innovation, technology,sustainable solutions and research.
(c) Other cooperation projects agreed between the participants, such as,tilting coaches/trains, capacity allocation (time tabling) andoptimisation of maintenance and improved freight/combinationtraffic.
(d)
Training and continuing education program in reliability andmaintenance of Rail transport system for Railway engineers andmanagers.
Main objectives of MoU is to develop cooperation activities in the Railwayarea to promote efficiency and sustainability and achieve concrete resultswith regard to bilateral trade, investment, research and technologytransfer.
MoU will remain in force for 5 years from the date of signing. It can beextended for a further period of 5 years with the written consent of bothsides.
INDIA AND GERMANY
Joint Declaration between India and Germany on the extension of thetenure of the Indo-German Science and Technology Centre
A Joint Declaration between the Ministry of Science & Technology and theFederal Ministry of Education and Research of Germany on the extensionof the tenure of the Indo-German Science & Technology Centre (IGSTC).
The Declaration is for the extension of tenure of the bilateral IGSTC for aperiod of five years beyond 2017 till 2022. It provides for enhancement offunding allocation from 2 million Euros per year to a maximum of 4million Euros per year by each side. The committed funding will be based
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on the principles of activity matching funding for supporting collaborativeresearch partnerships of industrial relevance.
The joint research projects involving academia and industry from bothcountries will aim towards creation of new scientific knowledge base andthe application of research results for technology development andapplication.
This new declaration will enable IGSTC to further enhance, strengthen and
improve research and technology cooperation of industrial relevancethrough cooperation between laboratories, academia and industry of boththe countries. IGSTC will support and fund selected R&D projects linkingresearch laboratories and industry (2+2 scheme) from India and Germanyand assist in mobilizing resources to carry out collaborative industrialR&D projects.Background:
The IGSTC was established under an agreement between the twoGovernments in October 2007 and started operation in 2011. PresentlyIGSTC is supporting joint industrial R&D projects in areas such as (a)advanced manufacturing (b) biomedical devices & healthcare (c)nanotechnology (d) automobile engineering (e) water sensors (f) cleanenergy technology and (g) information and computing technology.
POLITY
Was it discretion or mere whim, Supreme Court asks Governor
The Supreme Court questioned Governor J.P. Rajkhowas use of his
constitutional discretion to advance the sixth session of the
Arunachal Pradesh Assembly by over a month, asking whether it was
backed by sound constitutional principles or based on a mere whim.
Advancing the session from its scheduled date of January 14, 2016 to
December 16, 2015 in order to remove Speaker Nebam Rebiatriggered the entire political crisis leading to the imposition of
Presidents Rule on January 26.
The Benchs questions pertained to the order issued by Mr. Rajkhowa
on December 9, 2015 to advance the Assembly session without
consulting Chief Minister Nabam Tuki and his Council of Ministers
under Article 174 (1) of the Constitution.
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The Governor was acting on resolutions sent to him by majority
rebel Congress MLAs and Opposition lawmakers for the removal of
the Speaker. They claimed that the Tuki government was in minority.
Instead of calling a floor test, the Governor invoked Article 174 (1) of
the Constitution and ordered the session to be advanced for
facilitating the House to expeditiously consider resolutions for
removal of Speaker. In the order, the Governor claimed complete
discretion.
Discretion or whim, asks SC
The Governor said he was not bound by the aid and advice of the Chief
Minister and his Cabinet.
December 9 also saw the Governor send a message to the House,
directing it to list the subject of removal of the Speaker as the first
item on its agenda.
Referring to its past judgments, the apex court said a Governor could
not assume constitutional discretion unless such powers were
expressly provided in the specific Articles of the Constitution.
Since Article 174 (1) was silent on whether the Governor should
consult or not the State Cabinet before advancing dates of the
Asse