Tag Archives: Exports

Neighborhood News Digest – 08 February 2023

Afghanistan
Turkiye, UAE to reduce missions in Afghanistan over ‘security concerns’ – Middle East Monitor

The embassies of Turkiye and the United Arab Emirates (UAE) in Afghanistan intend to trim down their missions due to security concerns, after international employees reported receiving threatening letters from unknown parties, Sputnik reported. Click here to read…

Afghanistan announces aid for quake-hit Turkey and Syria – Pakistan Observer

The Islamic Emirate of Afghanistan (IEA) on Tuesday announced AFN 15 million (approx. $166,000 USD) in humanitarian aid for people affected by recent earthquakes in Turkey and Syria. Of the total, AFN 10 million (approx. $111,000) will be for Turkey, and AFN 5 million (approx. $55,000) will be for Syria. Click here to read…

6 million people in Afghanistan face famine risk: UN – The Print

As Afghanistan continues to face the worst humanitarian crisis amid ongoing political chaos, the United Nations (UN) warned that two-thirds of Afghans are facing severe hunger and are in urgent need of aid, with six million facing the risk of famine, TOLOnews reported on Monday. Click here to read…

Afghanistan: Taliban issuing gun licenses to traders, businessmen as abductions soar – Firstpost

The Taliban rulers of Afghanistan have decided to provide gun licenses to traders in the capital Kabul. The Taliban’s security department in Kabul has announced that businessmen in Afghanistan’s capital will be provided with security and gun licences. According to a report by Tolo News, the Taliban arrived at the decision after a series of meetings with traders in Kabul. Click here to read…

Pakistan: Peshawar Bombing Planned In Afghanistan, Foreign Intelligence Agency Funded It, Say Investigators – Outlook

The suicide bombing in Pakistan’s Peshawar was planned in Afghanistan and the terror plot was funded by a foreign intelligence agency, according to Pakistani investigators on the case. A suide bomber struck a mosque in high-security Police Lines area of Peshawar in Khyber Pakhtunkhwa province on January 30. Click here to read…

Bangladesh
Bangladesh seeks new terms for Adani coal electricity deal – Washington Post

Bangladeshi officials are seeking a discount on electricity purchased from the power company owned by Gautam Adani, according to a stock exchange filing that was made public on Tuesday, in the latest sign of mounting scrutiny of the Indian billionaire’s dealings. Click here to read…

Political trajectory of Bangladesh – New Age

As regards to parliamentary elections, it is almost certain that ruling party candidates will make it to parliament even without competing for people’s votes. Today, nomination from and loyalty to the ruling party are more important than the support and confidence of the electorate. Hence, once electoral candidates of the ruling party become members of parliament or ministers, they remain beholden to the party, not to the people of their constituency or the country; and they serve the interests of the former, not the latter. Click here to read…

The Constitutionality of 15th Amendment – The Daily Star

In 1996, the BNP-led government passed the 13th Amendment to the constitution, allowing the formation of the neutral caretaker government (NCG). The amendment represented a “political settlement” as the then Awami League-led coalition of parties demanded such a system, and BNP, after much resistance, accepted it. It not only allowed a peaceful transfer of power, but also provided equal opportunity to major political parties. Click here to read…

Bhutan
Current account deficit to widen to Nu 75.63B in June this year – Kuensel

Bhutan’s current account deficit (CAD) is estimated to deteriorate further by 19.3 percent to Nu 75.63 billion (B) in June this year from Nu 63.4B in the same month the previous year. These figures are based on the Macro-economic Framework Coordination Technical Committee of the finance ministry. Click here to read…

Bhutan to add more solar capacity to reduce reliance on imports – minister – Reuters

Bhutan will add around 300 to 400 megawatts (MW) of solar energy generation capacity in the next two to three years to reduce its dependency on electricity imports from India, the Himalayan kingdom’s minister for economic affairs said on Monday. Click here to read…

DGPC will take over the Kholongchhu project – Kuensel

Druk Green Power Corporation (DGPC) has asked for a loan from the Power Finance Corporation (PFC), Rural Electrification Corporation (REC), and other financial institutions of India to finance 600MW Kholongchhu Hydro Energy Limited (KHEL). Nu 4.5B was spent on the project so far. The project’s total cost is estimated at Nu 54.4B at the 2020 price level. Click here to read…

Bhutan’s parliamentary delegation calls on President – Mint

A Parliamentary Delegation from Bhutan led by Wangchuk Namgyel, Speaker of the National Assembly of Bhutan, called on President Droupadi Murmu at Rashtrapati Bhavan on Tuesday. India is foraying into new avenues of bilateral cooperation with Bhutan such as space cooperation, smart agriculture, youth and sports, start-ups, renewable energy and digital development, to help the Royal Government of Bhutan realize its vision of prosperity for all. Click here to read…

India will always be a reliable friend to Bhutan: Om Birla to Bhutan National Assembly speaker – The Hindu

Lok Sabha Speaker Om Birla on February 6 said India would always be a reliable friend to Bhutan while noting the ₹2,400-crore allocation for the neighbouring country in this year’s Union Budget during a meeting with a Bhutanese Parliamentary delegation. Click here to read…

Maldives
Maldives offers condolences following tragic loss of lives, massive destruction in the wake of earthquake in Turkey – Raajje

President Ibrahim Mohamed Solih has extended condolences following the powerful earthquake in Turkey, which has resulted in the loss of many lives. In a Twitter post on Monday, the Maldivian leader expressed grief in hearing of the earthquake that shook Turkey. He extended sympathies and condolences to the families mourning the death of their loved ones. Click here to read…

Police assault 2 journalists covering political protest in the Maldives – Committee to Protect Journalists

Maldives authorities must swiftly investigate the recent assaults of journalists Hassan Shaheed and Ahmed Misbaah and ensure that members of the press can report on public events without fear of violence by police, the Committee to Protect Journalists said Tuesday. Click here to read…

Myanmar
New sanctions on Myanmar 2 years after military coup – the Malaysian Reserve

THE US and its allies Canada, the UK and Australia have imposed fresh sanctions on Myanmar, adding to pressure on the military regime, two years since it overthrew the civilian government led by Aung San Suu Kyi in a coup. US Secretary of State Antony Blinken said in a statement on Jan 31 the US restrictions target six individuals and three entities linked to the junta’s efforts to generate revenue and procure arms, including senior leadership in its energy sector and its Air Force. Click here to read…

HURFOM wants Myanmar junta to face ICC having documented its abuses – Mizzima

The Human Rights Foundation of Monland (HURFOM) is calling for a referral of the Myanmar military to the International Criminal Court to ensure that there is an end to military rule. Whilst the new sanctions announced by the United States, Canada, Australia and the United Kingdom to mark the second anniversary of the February 2021 coup were welcome, according to HURFOM these actions came too little too late for the thousands of people killed by the Burma Army. Click here to read…

Myanmar junta makes plans for elections – Mizzima

The junta propaganda leader General Zaw Min Tun said that it is still too early to say whether the election will be held or not. It has been a controversial topic among the public. Some are wondering if the military junta is really going to back out of the elections because of the disapproval of the people, revolutionary forces and international organisations. But, junta leader Min Aung Hlaing is committed to election preparations. Click here to read…

Nepal
Rs 38m worth of tea exported – The Himalayan Times

According to National Tea and Coffee Development Board (NTCDB), tea farming is done on around 27,500 hectares of land, with more than one-third of the total tea gardens located in Jhapa. Of the total 28 million kilograms of tea, Jhapa produces as much as 18 million kilograms, which is the highest in terms of district-wise production, Chief of NTCDB Indra Prasad Adhikari said. Click here to read…

Nepal launches National Pashmina Sector Export Strategy to increase to USD 75 million exports by 2026 – My Republica

The Government of Nepal today unveiled its National Pashmina Sector Export Strategy 2022-2026′, which is expected to enhance the supply capacities of the private sector and reconnect the sector with regional and global markets for more Himalayan Chyangra Pashmina exports. Click here to read…

Pakistan
Pervez Musharraf buried in Karachi; PM, prez, army chief did not attend funeral – Hindustan Times

Pakistani former President Pervez Musharraf, a key U.S. ally in the campaign against al Qaeda following the September 11, 2001, attacks on the United States, was buried in his hometown of Karachi on Tuesday. Click here to read…

All Parties Conference on terrorism postponed for the second time – Dawn

The All Parties Conference (APC) — called by the incumbent government to discuss important security and economic challenges being faced by Pakistan — has been postponed for the second time this week. The multi-party moot was first slated for Feb 7 (today). However, in a tweet yesterday, Information Minister Marriyum Aurangzeb had rescheduled the conference to Feb 9, Thursday. She did not mention why the meeting was moved. Click here to read…

Putin snubs Pakistan; Russia declares ‘won’t do anything that impacts India ties’ – Hindustan Times

Russia has presented fresh proof of its close partnership with India. The Vladimir Putin administration has “strangled” its defence ties with Pakistan in favour of “friend” India. Denis Alipov, the Russian Ambassador to India, clarified in a statement that “Russia would never do anything detrimental to India.” The clarification came after Russian Minister Sergey Lavrov said that Moscow would continue to support Pakistan in regular military contacts. On January 30, Pak Foreign Minister Bilawal Bhutto visited Moscow to intensify Islamabad’s defence and trade cooperation with Russia. Click here to read…

Debt reprofiling viable option for Pakistan under IMF watch: report – Business Recorder

Reprofiling of bilateral debt remains a viable option under the International Monetary Fund (IMF)‘s watch, according to a report by Arif Habib Limited, as Pakistan remains in talks with the Fund’s mission for the resumption of the stalled ninth review of the Extended Fund Facility (EFF). Click here to read…

Pakistan sets up relief fund for Turkey earthquake victims – The International News

In response to the deadly earthquake in Turkey that has claimed over 5,000 lives, Prime Minister Shehbaz Sharif announced the establishment of a relief fund to help victims. After a plane load of relief goods and a rescue team from Pakistan reached Turkey, Information Minister Marriyum Aurangzeb took to Twitter and said: “To help the victims of the earthquake in Turkey at this difficult hour, PM Shehbaz Sharif has decided to establish PM Relief Fund.” Click here to read…

Sri Lanka
Paris Club creditors give assurances to back IMF bailout for Sri Lanka – Reuters

The Paris Club of creditors has given financing assurances to support the International Monetary Fund’s approval of an extended fund facility for Sri Lanka, the Sri Lankan president’s office said on Tuesday. The assurances are crucial to unlocking a $2.9 billion deal from the IMF, which is still pending executive board approval. “Paris Club members as well as Hungary, Saudi Arabia and India continue to look forward to working together along with all bilateral creditors and to engage with other key stakeholders in order to proceed with a comparable debt restructuring as soon as possible,” the informal group of creditors said in a separate statement on Tuesday. Click here to read…

India the biggest friend of Sri Lanka: PM – Investing

Sri Lanka’s Prime Minister Dinesh Gunawardene on Tuesday called India as the biggest friend of Sri Lanka in the time of crisis. Addressing the Tata Tiscon Dealer Convention 2023, he called on Indian companies to invest further in Sri Lanka. Outlining the benefits of Indian investments in Sri Lanka, PM Gunawardene highlighted that 90 per cent of components used by Lanka Ashok Leyland (NS:ASOK) were indigenous. At the event, High Commissioner Gopal Baglay said that both the Indian government and Indian corporates are working to build relationships that are beneficial to the people within and beyond India, especially the neighbours, under Prime Minister Narendra Modi’s “Neighbourhood First” Policy. Click here to read…

Thirteenth amendment to Sri Lankan Constitution, No lessons learnt in 75 years – The Leaflet

The political implication of not implementing a proper federalist policy is the Tamils in Sri Lanka losing their voice and rights, thereby being subjected to further marginalisation. Every self-respecting Tamil in India and across the world should ask for nothing less than a federal Sri Lanka. Click here to read…

VIF Neighbourhood News Digest – December 23, 2022

Afghanistan
Reactions Continue to Closure of Universities for Women: Tolo News

The closure of universities for women has faced continuous reactions within and outside the country. On Thursday morning, dozens of female students held a protest near the Kabul University in the west of Kabul, calling for women and girls’ access to education and work. The European Union in a statement called the decision another violation of international obligations and said it constitutes an institutionalized and systematic “discrimination against women and girls.” Click here to read…

Ukraine’s Zelensky Urges U.S. Congress for More Military Support: The Khaama Press

Ukrainian President Volodymyr Zelensky jetted to Washington, DC, for talks with his American counterpart President Joe Biden and top-ranking American authorities face-to-face for the first time since his country came under Russian invasion in February. President Volodymyr Zelensky told the U.S. Congress that aid to Ukraine was an investment in democracy and “not charity” as he invoked American battles against the Nazis in World War Two to press for more assistance for his country’s war effort. Click here to read…

Bangladesh
Shahriar, Sherman talk polls, security of US embassy personnel: Dhaka Tribune

US Deputy Secretary of State Wendy Sherman spoke on the phone with State Minister for Foreign Affairs of Bangladesh Shahriar Alam on Thursday. The two discussed strengthening US-Bangladesh relations, the importance of holding free and fair elections, and the safety and security of US embassy personnel, according to US State Department Spokesperson Ned Price. Foreign Minister AK Abdul Momen on Monday said there is nothing to worry about when it comes to the security of foreign diplomats stationed in Dhaka. Click here to read…

Bhutan
Export prices up by over 7 percent in the third quarter: Kuensel

The export prices of goods rose by 7.29 percent in the third quarter (July to September) this year compared to the figure in the same period last year, according to the National Statistics Bureau’s report released yesterday. This means, if the price of the exported goods was Nu 100 in the third quarter of last year, the exporters had sold it at Nu 107.29 in the same quarter this year. However, an increase in the export prices was outweighed by a higher increase in import prices. The import prices or inflation recorded an increase of 18.54 percent in the quarter. Click here to read…

Maldives
Tariff on fish exports will be eliminated within two months: Nasheed: Avas

Parliament Speaker and President of the main-ruling Maldivian Democratic Party (MDP) Mohamed Nasheed, has said the duty imposed on Maldivian fish products exported to the UK will be eliminated within the next two months.

Nasheed, who is currently abroad, made the announcement via a tweet on Wednesday night.
In his tweet, Nasheed said his close acquaintances in the UK government had assured that the duty on fish imported from the Maldives to the UK would be cut within the next two months at the latest. Click here to read…

Myanmar
Thailand hosts Myanmar junta figures in talks, key ASEAN nations skip: Reuters

Thailand hosted regional talks on Thursday to discuss the crisis in army-run Myanmar including rare international appearances by junta ministers, but several key members of the Association of Southeast Asian Nations did not attend despite invitations. Foreign ministers of Myanmar, Laos and Cambodia and Vietnam’s deputy foreign minister joined the talks hosted by Thailand’s foreign minister, according to Thai foreign ministry spokeswoman Kanchana Patarachoke. Click here to read…

Pakistan
Punjab governor de-notifies CM: The Express Tribune

A notification issued by the Governor House after midnight said that Chief Minister Elahi ceased to hold the office immediately while the provincial cabinet stood dissolved. However, it added that Elahi would continue under Article 133 of the Constitution until a new chief minister was elected by the provincial assembly. “I am satisfied that he [Chief Minister Elahi] does not command the confidence of the majority of the members of the Punjab Assembly and, therefore, ceases to hold his office with immediate effect,” the governor said in his order. “In consequence of the above, the provincial cabinet stands dissolved forthwith,” the order added. Click here to read…

Banned TTP is Pakistan’s red line, Bilawal tells Afghan Taliban: The News

Speaking to the media at the Pakistan Embassy in Washington, Bilawal Bhutto said: “We will not ignore if we find out that Taliban are not stopping the TTP.” Expressing his concern over the deteriorating law and order situation in the country due to rising TTP attacks from the Afghan soil, Bilawal said if the Taliban carry out operations against the extremists, Pakistan will provide help, if needed. He said that there was no new agreement on cooperation with the US for anti-terrorism. “We urge to release frozen funds for the Afghan people not for the Taliban. They [Taliban] promised with the US and the world to take action against the extremist groups,” said Bilawal. Click here to read…

Sri Lanka
Finance Minisry to hand over customs confiscated vehicles to police: Daily Mirror

Necessary arrangements have been made to hand over the vehicles confiscated by Sri Lanka Customs (SLC) to be used for raids by the Sri Lanka Police Department, including drug prevention, State Finance Minister Ranjith Siambalapitiya said. He said this while participating in an inspection visit on Monday (20) at the Hambantota port premises to monitor the relevant vehicles currently parked at the port. He mentioned that some vehicles confiscated due to illegal importation have been at the port for about seven years. Click here to read…