Agreement

China reacts to India-Japan cooperation in northeast, says no room for ‘third party’

Maud 2b

The India-Japan joint statement had referred to cooperation between the two sides to develop India’s northeastern states as a “concrete symbol of developing synergies” Sutirtho Patranobis Hindustan Times China on Friday warned third parties against meddling in its boundary dispute with India, specifically mentioning the Arunachal Pradesh sector in an apparent response to Indo-Japanese plans to invest in infrastructure projects in the northeastern… A joint statement issued on Thursday following talks between Prime Minister Narendra Modi and his Japanese counterpart ... Read More »

Russia, Turkey Sign S-400 Deal despite Criticism and Suspicion

Russian President Vladimir Putin (R) and his Turkish counterpart Tayyip Erdogan attend a news conference following their talks in Sochi, Russia, May 3, 2017. REUTERS/Alexander Zemlianichenko/Pool

Moscow – Moscow and Ankara confirmed on Tuesday that they signed a deal in which Moscow would sell Ankara S-400 missiles. Taha Abed alWahed “Signatures have been made for the purchase of S-400s from Russia. ASHARQ AL-AWSAT A deposit has also been paid as far as I know,” President Recep Tayyip Erdogan said on Monday. He stated that he and Russian President Vladimir Putin “are determined on this issue.” This is the largest deal that Turkey signs with a country ... Read More »

Greece completes sale of railway operator to Italy’s Ferrovie

Reuters logo red 1a LLL

ATHENS, Sept 14 (Reuters) – Greece concluded on Thursday the sale of railway operator TRAINOSE to Italy’s Ferrovie dello Stato and expects hundreds of millions of euros to be invested in the country’s ageing rail infrastructure in the coming years. Reuters Staff Under its current bailout, its third since 2010, Greece was expected to sell TRAINOSE and other state assets to raise 6 billion euros ($6.2) by 2018. Greece will fetch 45 million euros from this sale and expects a ... Read More »

India to invest $17bn on Japanese bullet trains

Sem 1a

Japanese premier Shinzo Abe hails new ‘strategic and global partnership in the Indian-Pacific region’. Al Jazeera India will invest $17bn to build its first high-speed train system, having reached a deal with Japan to help finance the project. Source: News agencies The network, which will run 508km between Mumbai and Ahmedabad, was announced on Thursday by Prime Minister Narendra Modi. “This is the new India, and the flight of its dreams is endless,” he said. “The bullet train project will bring ... Read More »

Cardin: Turkey’s Purchase of Russian missile system may trigger sanctions

Benk 1a

Top Senate Foreign Relations Democrat warns $2.5 billion Turkey-Russia deal might violate new sanctions law that Trump opposed. Andrew Hanna Politico Turkey’s recent purchase of an advanced Russian anti-air weapons system may have violated a U.S. law that would require an automatic imposition of sanctions on the NATO member, a top Democratic lawmaker said today. The letter, sent by Maryland Sen. Ben Cardin to Trump administration officials, warns that Ankara’s purchase of Moscow’s S-400 air defense system, which finalized on ... Read More »

ASEAN, Hong Kong wind up FTA negotiations

Haun 1a

Hanoi (VNA) – The Association of Southeast Asian Nations (ASEAN) and China’s Hong Kong on September 9 announced the conclusion of their negotiations on a Free Trade Agreement (FTA) and a related Investment Agreement. The announcement was made at the second ASEAN Economic Ministers-Hong Kong, China Consultations (AEM-HKC) in Pasay city, the Philippines. Hong Kong’s Secretary for Commerce and Economic Development Edward Yau said that the two agreements will be signed in November this year. The agreements are comprehensive in ... Read More »

Vietnam, Serbia agree to build concrete cooperation framework

Vee 1a

Hanoi (VNA) – Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh and his Serbian counterpart, Ivica Dacic, have agreed to build a specific cooperation framework in order to boost bilateral collaboration in all fields, especially in economy, trade and investment. During their talks in Hanoi on September 8, the two officials also emphasised the need to increase political consultations and coordination between the foreign ministries of Vietnam and Serbia. More favourable conditions should be created to facilitate the ... Read More »

The Copenhagen breakthrough in the Timor Sea

Reve 1a

There has been an agreed breakthrough in the long running dispute between Australia and Timor Leste in relation to maritime boundary demarcation and control of the resources in the disputed area in the Timor Sea. Frank Brennan Eureka Street The breakthrough came on 30 August, the 18th anniversary of the bloody referendum at which the Timorese voted for their independence from Indonesia. The terms of the deal remain confidential. But the Permanent Court of Arbitration which is overseeing the Conciliation ... Read More »

Xi, Putin agree to enhance strategic coordination, appropriately deal with DPRK nuclear test

Exp 2b

XIAMEN, Sept. 3 (Xinhua) — Chinese President Xi Jinping met with his Russian counterpart Vladimir Putin on Sunday, calling for enhancing mutual support and strategic coordination. Source: Xinhua Editor: Mu Xuequan The two leaders also agreed to appropriately deal with the latest nuclear test conducted by the Democratic People’s Republic of Korea (DPRK). Putin is in the southeastern Chinese coastal city of Xiamen, Fujian Province, to attend the ninth BRICS summit and the Dialogue of Emerging Market and Developing Countries ... Read More »

Hammond Backtracks on Brexit Deal

Melt 1a

Chancellor Philip Hammond has “bent the knee” to Brexit hardliners as he signed a joint article with Liam Fox for the Sunday Telegraph, which said that the UK will definitely leave both the customs union and the single market when it exits the European Union (EU) in… Miltiadis Skemperis Currency Solutions Hammond had called for a transitional deal which could last up to three years, keeping the current trading arrangements with the EU and the rules on movement for workers. ... Read More »

Norway’s push for Arctic oil and gas threatens Paris climate goals – study

KK5 1a

Noway’s role as the world’s biggest fossil fuel exporter undermines its efforts to cut emissions at home, says NGO report Jonathan Watts The Guardian Norway’s plan to ramp up oil and gas production in the Arctic threatens global efforts to tackle climate change, according to a new study. The research says 12 gigatonnes of carbon could be added by exploration sites in the Barents Sea and elsewhere over the next 50 years, which is 1.5 times more than the Norwegian ... Read More »

Will China be a Factor in the Upcoming NAFTA Negotiations?

Peref 1a

Beijing is incentivizing Mexico City and others in Latin American to rethink their traditional trading relationships. Bill Bray Miyako Yerick The National Interest The first round of NAFTA renegotiations is set to take place in Washington, DC August 16–20 and one of the primary U.S. objectives is reducing its $63 billion trade deficit with Mexico. Mexico is in a position to drive a harder bargain than many would think, however. Unlike thirty years ago, Mexico today can leverage China’s growing foreign direct ... Read More »

Treaty to enable high seas marine protected areas takes step forward

o0806042 - 08 JUNE 2004 - TASMAN SEA 
The NZ deep sea trawler West Bay does a fast turn after hauling its catch from international waters in the Tasman Sea. Greenpeace  along with more than a thousand scientists are supporting the call for a moratorium  on high seas bottom trawling, because of the vast amount of marine life that is destroyed by this fishing method.
©2004Greenpeace/Roger Grace

The United Nations has advanced a step closer to an international treaty to protect marine life on the high seas, with an aim of setting up a mechanism for creating marine protected areas in areas beyond national jurisdictions. Aaron Orlowski SeafoodSource International waters outside countries’ exclusive economic zones make up 60 percent of the ocean and cover almost half of the surface of the earth. The waters are rife with marine life, including many threatened species, but are subject to ... Read More »

Sri Lanka signs Hambantota port deal with China

Perse 1a

Billion-dollar agreement reached despite trade union opposition and protests over security fears, including from India. Al Jazeera and news agencies<imgheight=”1″width=”1″style=”display:none”src=”https://www.facebook.com/tr?id=968100353246427&ev=PageView&noscript=1″/> Sri Lanka has signed a $1.12bn agreement with a state-run Chinese firm to operate a port in the southeast of the country, despite security concerns and protests from trade unions. According to the long-delayed deal reached in the capital Colombo on Saturday, Sri Lanka Ports Authority agreed to sellΒ a 70 percent stake in the Hambantota port to China Merchants Ports ... Read More »

US calls for smaller deficits in new NAFTA talks

Raut 4d

The US government says trade deficits and market access will top the agenda as it renegotiated trade terms with Mexico and Canada. BBC US President Donald Trump has described the North American Free Trade Agreement (NAFTA) as a “disaster” and ordered fresh talks earlier this year. The objectives have been released in advance of the start of meetings with Canada and Mexico next month. Economists have warned that reaching the goals might be… US calls for… Read More »

Exclusive: Iran’s Foreign Minister Warns Donald Trump That Tehran Can Abandon the Nuclear Deal

Taup 3c

TNI’s Jacob Heilbrunn just sat down with Tehran’s top diplomat—and he was not happy with the Trump administration. Mohammad Javad Zarif The National Interest Jacob Heilbrunn, editor of the National Interest, spoke with Mohammad Javad Zarif, Iran’s foreign minister in an interview in New York on Monday, July 17, 2017. The following is a lightly… Jacob Heilbrunn: Yesterday you were on Fareed Zakaria’s show. And if, as you alleged, the Trump administration is indeed violating the… Exclusive: Iran’s Foreign… Read More »