Tag Archives: india

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…

Neighborhood News Digest – 07 February 2023

Afghanistan
Saudi diplomats leave Afghanistan, relocate to Pakistani capital -sources – The Print

Saudi diplomats have left Afghanistan for “training” and will return, the Taliban administration said on Monday, though three sources familiar with the matter said security concerns had contributed to their departure. Click here to read…

Dollars Smuggled From Pakistan Provide Lifeline for the Taliban – Bloomberg

Millions of dollars are being smuggled into Afghanistan from Pakistan every day, providing some support for the squeezed economy after the US and Europe denied the Taliban regime access to billions in foreign reserves. For Islamabad, the outflows are exacerbating a rapidly developing economic crisis. Click here to read…

Qatar Envoy Speaks with Kabul Officials About Economy, Girls’ Education – Tolo News

The Qatari Ministry of Foreign Affairs said that the Special Envoy of the Minister of Foreign Affairs for Counterterrorism and Mediation in Conflict Resolution, Dr. Mutlaq bin Majed Al Qahtani, had discussions with the Islamic Emirate officials regarding politics, the economy, girls’ education, and women’s employment in Afghanistan. Click here to read…

Bangladesh
Bangladesh could buy 10-12 spot LNG cargoes in Feb-June – Reuters

Bangladesh will buy 10-12 spot LNG cargoes between February and June if prices soften further, an energy adviser to the prime minister told Reuters on Monday, in a reversal of a government decision last year to halt spot purchases after prices spiked. “This is a high demand season for us. Ramadan is coming, this is also irrigation season, therefore, if market softens, we will buy 10-12 more spot LNG cargoes,” Bir Bikram Tawfiq-e-Elahi Chowdhury said on the sidelines of the India Energy WeekClick here to read…

Idols at 14 Hindu temples vandalised in Bangladesh: Report – Hindustan Times

As many as 14 Hindu temples in Bangladesh were vandalised by “unidentified miscreants” on the intervening night of Saturday and Sunday, sparking fear among locals. The incident took place in Baliadangi Upazila area, news agency ANI reported citing local media. Click here to read…

4 direct questions to Bangladesh Home Minister after 14 attacks on Hindu temples | Exclusive

India Today’s Shahidul Hasan Kokhon spoke to Bangladesh Home Minister Asaduzzaman Khan Kamal to understand how he perceived the issue and his party’s stand on it. Click here to read…

Bhutan
Bangladesh could buy 10-12 spot LNG cargoes in Feb-June – Reuters

Bangladesh will buy 10-12 spot LNG cargoes between February and June if prices soften further, an energy adviser to the prime minister told Reuters on Monday, in a reversal of a government decision last year to halt spot purchases after prices spiked. “This is a high demand season for us. Ramadan is coming, this is also irrigation season, therefore, if market softens, we will buy 10-12 more spot LNG cargoes,” Bir Bikram Tawfiq-e-Elahi Chowdhury said on the sidelines of the India Energy WeekClick here to read…

Idols at 14 Hindu temples vandalised in Bangladesh: Report – Hindustan Times

As many as 14 Hindu temples in Bangladesh were vandalised by “unidentified miscreants” on the intervening night of Saturday and Sunday, sparking fear among locals. The incident took place in Baliadangi Upazila area, news agency ANI reported citing local media. Click here to read…

4 direct questions to Bangladesh Home Minister after 14 attacks on Hindu temples | Exclusive

India Today’s Shahidul Hasan Kokhon spoke to Bangladesh Home Minister Asaduzzaman Khan Kamal to understand how he perceived the issue and his party’s stand on it. Click here to read…

Maldives
Beyond Realpolitik: Enlisting the Maldives into the U.S. Indo-Pacific Vision – South Asian Voices

In February 2020, then-U.S. Secretary of State Michael Pompeo visited the Maldives to announce plans to open a resident U.S. embassy in the country. That same year, the United States also entered into a “Framework for Defense Cooperation” with the Maldives, committing both countries to uphold peace and security in the Indian Ocean and to a Free and Open Indo-Pacific. While bilateral relations date back to 1966, this will mark the first time Washington will have resident diplomatic representation in the Maldives, symbolizing a growing mutual interest in strengthening relations. Click here to read…

Myanmar
Myanmar Junta Rewards Crony Arms Dealer With Palm Oil Plum – Irrawaddy

Myanmar’s military regime has permitted the US-sanctioned Htoo Group, owned by a notorious arms dealer, to import over US$5.4 million worth of palm oil per month, according to operators in the edible oil business. The Htoo Group of companies is owned by junta crony U Tay Za, who was sanctioned by the US last year for providing arms to Myanmar’s military. The group is currently led by his sons, who have also been targeted by US sanctions. Click here to read…

10 Myanmar immigrants held in Manipur – Times of India

At least 10 Myanmar nationals, including five women, were arrested from Churachandpur district on Sunday afternoon for crossing into the Indian territory illegally without any valid papers. The development took place after 80 illegal immigrants from Myanmar were arrested by a joint security team from Tengnoupal district last month. Click here to read…

Nepal
Nepal’s RSP quits coalition government, 3 ministers resign – The Telegraph

The Rastriya Swatantra Party (RSP), the third largest member of the ruling coalition in Nepal, has quit the government led by Prime Minister Pushpa Kamal Dahal ‘Prachanda’ after he denied reinstatement of the party’s chairperson Rabi Lamichhane to the post of Deputy Prime Minister and Home Minister. Three ministers of the RSP on Sunday resigned after a joint meeting of the party’s central members and lawmakers decided to quit the government. Click here to read…

After Power, another senior US official is visiting Nepal – The Kathmandu Post

The Administrator of the US Agency for International Development (USAID) Samantha Power starts her two-day Nepal visit on Tuesday. And a week after her return, another senior official of the Biden administration is visiting Kathmandu, foreign ministry officials said. Click here to read…

Amid slump in power generation, NEA reduces supply to industrial sector – The Kathmandu Post

The Upper Tamakoshi Hydropower Project, the country’s largest power project with a capacity of 456 megawatts (MW), is currently producing just around 77MW of electricity. This, according to the Nepal Electricity Authority (NEA), is due to the reduced water level in the Tamakoshi river with the country seeing no winter rainfall. Click here to read…

Pakistan
Normalisation of India-China relations better for the world; weak Pakistan would not be better for the region, says Russian envoy – The Hindu

The sooner there is normalisation in India-China relations, the better it would be for the world, Russian Ambassador to India Denis Alipov said, adding that a weak Pakistan would not be better for the region, India or Afghanistan, and Russia would not do anything detrimental to India in its relations with Islamabad. Mr. Alipov acknowledged that India-Russia ties have been under stress for sometime in terms of economic ties, which had accelerated since last year due to the “tectonic geopolitical” shifts in Europe, referring to the war in Ukraine. Click here to read…

Pakistan will lose moral ground on Kashmir if it gives recognition to Israel, says Imran Khan – The Print

“Because Kashmir is a disputed territory between Pakistan and India, we do make statements on that. About Israel, it was the stated position of the founder of Pakistan and the situation is similar to what is happening in Kashmir,” he said, responding to a query about him not commenting about China’s atrocities towards Uyghur Muslims. Click here to read…

Split-up polls unaffordable, agree Punjab, KP governors – Dawn

Khyber Pakhtun­khwa Governor Haji Ghulam Ali on Monday met his Punjab counterpart Balighur Rehman and caretaker Chief Minister Mohsin Naqvi and agreed that the country could not afford separate elections in current circumstances and, therefore, polls for national and provincial assemblies should be held later this year after the completion of the federal government’s tenure in August. Click here to read…

Analysis: How dependable is US offer of help with terror threat – Dawn

A SPIKE in terrorist attacks in Pakistan has once again forced the United States and its old — but not always close — ally to consider reviving their coordination against terrorism. “There are groups in Afghanistan that pose a threat to both of us, and it’s only appropriate that we coordinate our efforts to counter them,” Foreign Minister Bilawal Bhutto-Zardari told Dawn. Click here to read…

Sri Lanka
Sri Lankan President Pledges Full Implementation of 13th Amendment – Diplomat

Sri Lankan President Ranil Wickremesinghe informed the All-Party Leaders Conference on Reconciliation on January 27 that the Cabinet was agreeable to fully implementing the 13th amendment to the constitution. Wickremesinghe said that he is bound to implement the laws of the land. The 13th amendment, he pointed out, is part of the constitution. He reiterated this in his address to the nation on Sri Lanka’s Independence Day. Click here to read…

Prez Wickremesinghe Assures To Fix Sri Lanka’s Debt-Ridden Economy – Business World

Amidst the ongoing financial crisis in Sri Lanka, President Ranil Wickremesinghe on Sunday assured of fixing the debt-ridden country by treating the “root cause” of the malaise and not by administering “painkillers.” The president in his series of tweets suggested systematic change and national unity in conjunction with economic reforms can help the country to achieve prosperity. He further pointed out many of his decisions as unpopular. But this will not let any of my fellow citizens starve or die in queues, he added. Click here to read…

South Asian countries endorse SL’s proposal to set up climate change university – Daily News

Bhutan Education and Skills Development Minister Jai Bir Rai called on Prime Minister Dinesh Gunawardena at Temple Trees yesterday and held detailed discussions on bilateral relations, potential for investments and regional issues. The Prime Minister referred to the historic religious and cultural relations between the two countries and said the efforts must be made to enhance trade, investments and tourism. Minister Jai Bir Rai thanked Sri Lanka for providing scholarships to Bhutanese students to study medicine, engineering, information technology and other courses in premier universities. He also expressed willingness to send Bhutanese teachers and educationists to the South Asian Teacher Education Development Centre set up in Sri Lanka with assistance from UNESCO. Click here to read…

Neighborhood News Digest – 06 February 2023

Afghanistan
Days After Peshawar Blast, Pak Teams to Ask Afghan Taliban to ‘Rein in’ TTP – The Wire

Days after the January 30 suicide bomb attack at Peshawar which killed 100 people, Dawn has reported that Pakistan will ask the supreme leader of Afghanistan’s Taliban government to rein in militants in the country. Click here to read…

Two injured in blast in Afghanistan capital Kabul – Big News Network

Taliban-ruled government’s security official reported that a blast took place in Afghanistan’s capital Kabul’s ‘Pashtunistan Square,’ and injured two civilians, Khaama Press reported. On Saturday evening, an explosion took place which was caused by the magnetic mine placed in a Toyota ‘Hilux’ vehicle, said Khalid Zadran, Taliban’s appointed spokesperson for the Kabul police Command. Click here to read…

Qatar Sends Envoy To Afghan Capital To Meet With Taliban – Radio Free Europe

An envoy for Qatar’s foreign minister visited the Afghan capital on February 5 and met with the Taliban administration’s acting foreign minister, according to an Afghan Foreign Ministry statement. The visit comes after the Taliban administration placed restrictions on women’s education and NGO work, which Qatar labelled “deeply concerning” amid widespread international criticism. Click here to read…

Biden to Extend Executive Order Regarding Afghanistan – Tolo News

US President Joe Biden indicated to US Congress he is extending the executive order for the “national emergency with respect to the widespread humanitarian crisis in Afghanistan and the potential for a deepening economic collapse in Afghanistan.” The Islamic Emirate called on Washington to not politicalize the issue of Afghanistan’s assets and to immediately release them. Click here to read…

Taliban Say Want To Partake In Multilateral Meeting On Afghanistan In Moscow Next Week – Urdu Point

A representative of the Taliban (under UN sanctions over terrorist activities) should take part in a meeting of secretaries of the security councils on the Afghan issue, scheduled to take place in Moscow next week, Taliban spokesperson Zabihullah Mujahid said on Sunday. Click here to read…

Bangladesh
Bangladesh asks Pakistan to apologise for 1971 atrocities – Wion

Bangladesh has asked Pakistan to apologise for atrocities committed by its forces in 1971. The matter came up during the meeting between Bangladeshi Foreign Minister Dr AK Abdul Momen and Pakistan’s Minister of State for Foreign Affairs Hina Rabbani Khar in Sri Lanka where the ministers were present to attend the Independence Day celebrations of the island nation. Click here to read…

Bangladesh scraps parboiled rice G2G import deals with Indian co-op agencies – THB

Bangladesh has cancelled its orders to import two lakh tonnes of parboiled rice from two Indian cooperative agencies through government-to-government (G2G) deals after having kept them in “abeyance” for a few weeks. Trade sources said Bangladesh, which began dragging its feet after getting a couple of offers offering the rice at lower prices, has returned the “bid bonds” submitted by the two cooperative agencies during negotiations. Click here to read…

India-Bangladesh Cooperation and Connectivity are still win-win – Dhaka Tribune

There is no question that Bangladesh would benefit from a more robust and assertive regional foreign policy. But while its interests are naturally not in lock-steps with India’s, there is still plenty of meat on the bilateral partnership bone for both countries. Click here to read…

Bhutan
Funding the FAM tour – Kuensel Online

Elections can be an expensive affair and the new political parties know it well. Having to introduce their party, president and candidates to the voters, new political parties are allowed familiarisation (FAM) tour in all the 20 dzongkhags. The two new political parties Bhutan Tendrel Party (BTP) and Druk Thuendrel Tshogpa (DTT) had been to more than a dozen dzongkhags. Click here to read…

Bhutan on course of graduating from Least Developed Countries status by June 2023: Reports – India Blooms

To graduate the status, countries are expected to follow a smooth transition strategy. Macroeconomic stability, product space diversification, and disaster resilience are some of the parameters recommended for inclusion in Bhutan’s transition strategy, reports ANI. Click here to read…

How an Indo-Bhutan Border Market Has Moved Beyond Narratives of Conflict and Security – The Wire

Local trade dynamics and shared inter-dependence of resources among local communities at the border markets hold important lessons for engendering cooperation and the benefits of peaceful, stable and open (yet regulated) borders. Click here to read…

Maldives
Maldives tourist arrivals increase by 30 percent in January – Edition.mv

The tourist arrivals to the Maldives increased by 30.9 percent in January, the Ministry of Tourism reported. According to the ministry’s recent statistics, the total number of tourist arrivals stood at 178,159 by the end of the review date on February 1. In January 2023, the total tourist arrivals reached 172,536 which is a 30.9 percent increase compared to the 131,762 arrivals in the same month last year. Click here to read…

Maldives remains in the same position on the corruption index – Edition.mv

The Maldives’ efforts against corruption remained unchanged, according to last year’s Corruption Perception Index (CPI). The country ranked 85th out of 185 countries with 40 points on the CPI. The measure is calculated based on the Global Insight Country Risk Ratings, the Varieties of Democracy Project and the World Bank Country Policy and Institutional Assessment (CPIA). Click here to read…

Myanmar
Indonesia pushes for implementation of Myanmar peace plan, resumption of COC talks – The Jakarta Post

The ASEAN Foreign Ministers’ Retreat wrapped up in Jakarta on Saturday, with a proposal from Indonesia to implement a five-point peace plan for Myanmar and to resume negotiations for the Code of Conduct (COC) in the South China Sea. Click here to read…

‘Rice diplomacy’ between India, Bangladesh and Myanmar – The News Mill

Bangladesh has offered over $40 a tonne more to Indian co-operatives to import 2.5 lakh tonnes of parboiled rice in a government-to-government deal compared with prices quoted by the private trade in a global import tender. The import deal will be through NCCF (National Cooperative Consumers Federation) and Kendriya Bhandar in two tranches with Dhaka getting rice at $443 and $443.5 a tonne each, according to media report. Click here to read…

Uncertainty weighs on Myanmar’s economy, says World Bank – Mizzima

Call it a double-whammy. When assessing the current dire state of the Myanmar economy, two factors stand out. Firstly, close to three years of response to the COVID-19 pandemic saw a combination of lockdowns, social distancing, masking and travel restrictions hammer the economy, particularly small to medium businesses, and the livelihood of day workers. Secondly, the 2021 military coup and its aftermath rattled people’s daily lives and added to the uncertainty. Click here to read…

Nepal
Nepal-China to meet on cross-border transmission line in two weeks – Kathmandu Post

Nepal and China are scheduled to hold another round of discussions later this month on the development of a cross-border transmission line between the two countries. A Joint Technical Group comprising representatives of the Nepal Electricity Authority and the State Grid Corporation of China had previously held two rounds of talks in China and Nepal, respectively, on the issue before the Covid-19 pandemic. Click here to read…

A peek into the Nepali economy during the pandemic – Kathmandu Post

Anyone who reads on Nepali economy must be familiar with Sujeev Shakya and his writings. The founder and CEO of the Nepal-based international management consulting and advisory firm, Beed Management, has been writing economic columns for over two decades. He has also published several books on the topic including Unleashing Nepal, Unleashing The Vajra, Arthat Arthatantra (It’s the Economy) and Arthat Pariwartan (It’s the Change). Click here to read…

European Commissioner for International Partnerships Urpilainen to visit Nepal – Kathmandu Post

European Commissioner for International Partnerships Jutta Urpilainen, is scheduled to arrive in Nepal on Wednesday for an official visit to meet Nepali leaders and launch several EU actions in the country. “I look forward to presenting our Global Gateway strategy, the EU’s positive offer to partners to boost smart, clean and secure links in digital, energy and transport sectors and to strengthen health, education and research systems across the world.” Click here to read…

Pakistan
Pervez Musharraf, Former Military Ruler of Pakistan, Dies at 79 – The New York Times

Pervez Musharraf, the onetime military ruler of a nuclear-armed Pakistan who promised critical support for Washington’s campaign against Al Qaeda after the attacks of Sept. 11, 2001, but faced growing resistance at home in a land seething with anti-Western passions, died on Sunday in Dubai, United Arab Emirates. He was 79. Click here to read…

Seven injured in two Quetta attacks – Dawn

Seven people were injured in two terrorist attacks, one of them said to be a suicide bombing, on Sunday. The first incident took place near the Police Lines on Gulistan Road and the other on Mano Jan Road. Five people, including an office-bearer of the Civil Secretariat Staff Association, suffered injuries in the first attack. Click here to read…

Pakistan’s Shehbaz Sharif rakes up Kashmir issue, extends support to separatists – Hindustan Times

Pakistan Prime Minister Shehbaz Sharif on Sunday raked up the Kashmir issue on the occasion of what they call ‘Kashmir Solidarity Day’, a propaganda tool against India by expressing support for separatists in Jammu and Kashmir. Pakistan foreign minister Bilawal Bhutto Zardari also used the occasion to issue anti-India statement claiming that New Delhi has “opened a new chapter in suppressing” people of Kashmir. Click here to read…

Pakistan economic crisis: IMF places new bailout conditions, PM says they are beyond wildest dreams – Indian Express

The first round of technical talks between the International Monetary Fund (IMF) and a cash-strapped Pakistan concluded on Friday, with Pakistani Prime Minister Shehbaz Sharif terming the IMF bailout conditions as something “beyond our wildest dreams”. Stating that IMF is giving a “tough time” to Finance Minister Ishaq Dar and his team, the Pakistan PM on Friday hinted that harsh measures have to be taken to revive the stalled loan programmeClick here to read…

Army chief lands in UK on five-day visit – Dawn

Chief of Army Staff (COAS) General Syed Asim Muneer arrived here on Saturday on a five-day visit. The COAS will attend meetings on defence-related issues, being held between February 5 and 9. Gen Muneer is in London to attend a conference at Wilton Park, an executive agency created by the UK Foreign Commonwealth and Development Office to foster open dialogue between governments. Click here to read…

Sri Lanka
India delivers fifty more buses to Sri Lanka at Presidential Secretariat premises under Economic Assistance Scheme of Indian government. NewsOnAIR

India delivered fifty more buses to Sri Lanka at the Presidential Secretariat premises, this morning as Sri Lanka celebrated its 75th Independence Day yesterday, February 4. High Commissioner of India Gopal Baglay handed over the buses to Sri Lanka’s President Ranil Wickremesinghe. Commercial vehicle maker Ashok Leyland had bagged the contract for supplying 500 buses to the Sri Lanka Transport Board, of which 75 buses were already delivered to the Island nation earlier this year. The order is a part of a Line of Credit extended by the Export-Import Bank of India, under the Economic Assistance Scheme of the Indian government. Click here to read…

India leads internationally in canvassing support for Sri Lanka, says Lankan envoy – The Print

“India’s neighbourhood policy clearly was demonstrated last year when the Sri Lankan economy headed into crisis. India moved in very quickly. Early in 2022, India realized that Sri Lanka was going to have a very serious balance of payments problem. Sri Lankan government and the Indian government discussed that and together worked on a strategy over the last year. India supported us with nearly USD 4 billion, USD 3.9 billion dollars of funding and it was done without any conditions, done without any strings attached,” said the Sri Lankan High Commissioner. Click here to read…

Not rebooting economy through ‘painkillers’, says Sri Lanka president – Wion

Sri Lanka President Ranil Wickermesinghe said on Sunday (February 5) that he is repairing debt-ridden South Asian nations economy by tackling ‘root cause’ and not just by administering ‘painkillers. He asserted that systemic change and national unity along with economic reforms were needed to bring prosperity back to the country. Click here to read…

Neighborhood News Digest – 02 February 2023

Afghanistan
Taliban Tell Pakistan Not to Blame Afghanistan for Mosque Bombing – VOA News

Afghanistan’s Taliban rulers Wednesday rejected allegations their territory was used in this week’s mosque bombing in Pakistan, urging the neighboring country to thoroughly investigate such terror acts before blaming others. Taliban Foreign Minister Amir Khan Muttaqi told a gathering in the capital, Kabul, that Pakistani officials should find a solution to their security challenges locally and desist from “sowing the seeds of enmity” between the two Muslim countries. Click here to read…

Afghanistan Ranks 150th on Corruption Perception Index – Tolo News

In a recent report released by Transparency International, Afghanistan was ranked 150 in the Corruption Perception Index (CPI) in 2022 out of 180 countries. According to the report, Afghanistan has climbed 24 places compared to 2021 when the country was ranked 174 out of 180 countries. Somalia was ranked as the most corrupt nation in the world. Click here to read…

Dam inaugurated in Afghanistan – DT Next

Afghan authorities have inaugurated a dam in Afghanistan’s southern Zabul province to irrigate more than 700 hectares of land, provincial governor Mawlawi Qudratullah Abu Hamza said on Wednesday. The reservoir, which was officially inaugurated and put into use on Tuesday, stores 450,000 cubic meters of water and would facilitate farmers to irrigate more than 700 hectares of land in Tana Sah area and its vicinity, the official was quoted as saying by Xinhua news agency. Click here to read…

Budget 2023: Development aid for war-torn Afghanistan unchanged, cuts for Sri Lanka & Myanmar – The Print

Allocation to external affairs ministry for development assistance to foreign countries & projects fell 13% to estimated Rs 5,848.58 crore from Rs 6,750 crore in FY23. In Union Budget 2023-24, India has left development assistance to war-torn Afghanistan unchanged (Budget estimates). Meanwhile, aid to cash-strapped Sri Lanka and junta-ruled Myanmar’s was cut by 25 per cent and 33 per cent respectively. Click here to read…

Bangladesh
Ever-strengthening India-Bangladesh relations – The Print

India and Bangladesh share not only close historical, civilisational and cultural links but have also forged strong social, economic and political ties over decades since Bangladesh’s liberation in 1971. United by a shared history and common heritage, linguistic and cultural links, fervour for arts, music and literature, and strong people-to-people ties, the two countries share a unique camaraderie and friendship. Click here to read…

AL, Jamaat demanded caretaker govt: BNP – NewAge

The main opposition Bangladesh Nationalist Party said on Wednesday that they were demanding the caretaker government system, as it was also the demand of the then-opposition Awami League and Jamaat-e-Islami during the party’s tenure in 1996. Click here to read…

Is Bangladesh getting tired of hosting Rohingya refugees? – Dhaka Tribune

In 2017, Bangladesh welcomed fellow Muslims from Myanmar’s troubled Rakhine state to the southern coastal community of Cox’s Bazar with open arms, food and shelter.
Despite the presence of hundreds of thousands of Rohingya in the already overcrowded settlements for decades, they didn’t have to think twice about accommodating the new surge of people, albeit into an already overcrowded area of Bangladesh. Attempts to repatriate the Rohingya refugees have failed due to unstable conditions in Myanmar. As such, they have become victims of the worst refugee crisis in the last 50 years. Click here to read…

Bhutan
In Neighbourhood, Bhutan Receives Largest Share Of Aid At Rs 2,400 Crore In Finance Budget – ABP News

Bhutan received the largest share of India’s aid pegged at Rs 2,400 crore in the Finance Budget 2023-24, while Finance Minister Nirmala Sitharaman earmarked Rs 990 crore for India’s G20 Presidency that began on December 1, 2022. In line with India’s ‘Neighbourhood First’ policy, the largest share of India’s aid portfolio is towards Bhutan, which constituted 41.04 per cent of the development assistance by the Ministry of External Affairs (MEA). Click here to read…

GoI to facilitate concessional rate on the third internet gateway – Kuensel Online

The Government of India (GoI) would be facilitating a special concessional rate on the third international internet gateway for Bhutan as per the Bhutan government’s request. Indian Ambassador to Bhutan, Sudhakar Dalela said this during the technology roundtable yesterday. Click here to read…

Maldives
Commonwealth Secretary-General & Maldives FM arrive in SL – Sri Lanka Mirror

Secretary General of the Commonwealth – Patricia Scotland and Maldivian Foreign Minister Abdulla Shahid have arrived in Sri Lanka today (01) to attend the 75th Anniversary Celebration of Independence of Sri Lanka. They were warmly received by State Minister of Foreign Affairs – Tharaka Balasuriya. Click here to read…

“India has been one of the most trusted and valued partners of Maldives” – Raajje

India has proven to be one of the most trusted and valued friend of Maldives during challenging times, says President Ibrahim Mohamed Solih. President Solih stated this on Tuesday, while speaking at the official reception held at Dharubaaruge to commemorate the 74th Republic Day of India. In his remarks, the President stated that the Maldives and India share a unique partnership built on mutual trust and respect with a renewed impetus during the past four years. Click here to read…

Myanmar
Myanmar junta extends state of emergency, delaying promised elections – The Guardian

Myanmar’s military regime has announced an extension to its state of emergency, effectively delaying elections the junta had pledged to hold by August, as it battles anti-coup fighters across the country. The junta chief, Min Aung Hlaing, acknowledged that more than a third of townships were not under full military control, in comments reported by state media on Wednesday. Click here to read…

Myanmar announces cabinet reshuffle after state of emergency extension – DajjiWorld

Myanmar’s State Administration Council (SAC) announced a cabinet reshuffle after the country’s state of emergency was extended for six more months on Wednesday. Under the cabinet reshuffle, a new chairman for the Union Civil Services Board, a new chairman for the Anti-Corruption Commission (ACC) and four new Chief Ministers of region and states were appointed, Xinhua news agency reported. Click here to read…

UN special envoy to Myanmar moots regional protection framework as crisis drags on – CNA

United Nations special envoy to Myanmar Noeleen Heyzer plans to rally the Association of Southeast Asian Nations to form a regional protection framework. The aim is to help those suffering from a crisis sparked by a military coup two years ago. She tells Leong Wai Kit this is one of four key areas she will focus on this year. Click here to read…

Nepal
Nepal’s Social Protection System Reinforces Inequality – My Republica

The Human Rights Watch (HRW) has urged the newly-elected government of Nepal to prioritize coverage for all children and add coverage for millions of informal-sector workers as it considers changes to the existing system. The global human rights watchdog also said that Nepal’s social protection system fails to effectively protect children from poverty and reinforces inequalities between informal and formal workers. Click here to read…

Nepal to receive 1.5mn COVID-19 booster vaccines under GAVI – Foreign Brief

The Global Alliance for Vaccine and Immunization (GAVI) will today deliver 1.5 million doses of COVID-19 booster shots to Nepal. Following the sudden rise of positive FB.7—a sub-variant of Omicron—cases in neighboring countries such as India and China, the Nepalese government is gearing up to curb another possible outbreak. While the new set of Pfizer-Biontec Bivalent vaccines are not required for everybody, the Nepalese health minister Dr Sanjay Mahaseth strongly urges its citizens to get vaccinated. Click here to read…

Pakistan
Former Pakistan Interior minister Sheikh Ahmed arrested: Report – India Today

Former interior minister of Pakistan Sheikh Rashid Ahmed was arrested on Thursday, reports said. A complaint was lodged against him for claiming that former President Asif Zardari was hatching a plot to assassinate PTI chief Imran Khan. Police said a bottle of liquor and a weapon were recovered from Sheikh Rashid’s possession, adding that the minister was intoxicated, the report said. Click here to read…

IMF Projects Slowdown In Pakistan’s GDP From 3.5% To 2% – NDTV

The International Monetary Fund projected a slowdown in the Gross Domestic Product (GDP) from 3.5 per cent to 2 per cent for the current fiscal, The News International reported. According to the Pakistan daily, the IMF had also projected that the GDP growth rate would rebound in the next fiscal 2023-24 up to 4.4 per cent. Click here to read…

Imran says govt lacked ‘understanding, interest’ when terrorism began to resurface – Dawn

PTI Chairman Imran Khan on Wednesday slammed the government for blaming his party for the resurgence in terrorism in the country, saying that the incumbent setup had no “understanding nor interest” when the phenomenon had started to resurface. Imran made the remarks during a televised address where he talked about terrorism at length and the steps the PTI government took. Click here to read…

IMF presses Pakistan to foist more taxes in second round of talks – Ary News

The International Monetary Fund (IMF) has asked Pakistan to impose roughly Rs600-800 billion in additional taxes in the second round of talks to revive $7 billion Extended Fund Facility (EFF) stalled for months, ARY News reported on Wednesday, citing sources. According to details, the Federal Revenue Board held a second round of technical talks with IMF mission, led by Mission Chief to Pakistan Nathan Porter, on the ninth review of a $7 billion loan programme. Click here to read…

Pakistan inflation rises to 48-year-high of 27.55%: Report – Hindustan Times

Pakistan’s inflation quickened to the fastest in almost 48 years in January as thousands of containers of food items, raw materials and equipment are stuck in ports after the cash-strapped government curtailed imports. Consumer prices rose 27.55% from a year earlier, according to data released by the statistics department on Wednesday. That compares with a median estimate for a 25.9% gain in a Bloomberg survey and a 24.47% jump in December. Inflation is at the highest since May 1975, according to central bank data. Click here to read…

Sri Lanka
Building the economy should be our priority, President emphasizes – Colombo Page

President Ranil Wickremesinghe emphasized that building the collapsed economy should be the priority, as political freedom is of no use if the economic freedom of the country is lost. The President also pointed out that the political stability and territorial integrity of a country is the best factor in winning over the economic war. Addressing a ceremony in Kandy held today (01) at the Presidential Palace in Kandy to present the distinguished service awards “Vishishta Seva Vibhushana” to 77 senior officers of the Tri Forces, the President said. However, lives lost during the war cannot be regained, the income lost during the economic war could be regained. The award ceremony recognizes the distinguished service of military officers and was organized in conjunction with the 75th Independence Day celebrations. Click here to read…

On Sri Lanka’s 75th birthday, the future looks bleak – Financial Times

The country defaulted on more than $50bn of foreign loans in 2022, and last May the then prime minister Ranil Wickremesinghe complained that finding even $1mn was proving to be a challenge. Sri Lanka has one of the largest public sectors in the world, which — including defence — accounts for between 70-80 per cent of the country’s annual budget. Meeting the salary bill is a battle. The government is in the throes of negotiating a $2.9bn IMF bailout, which ministers seem confident will be approved. Click here to read…

Jaishankar’s Sri Lanka visit a harbinger of positive developments for island nation – The Print

External Affairs Minister S Jaishankar’s visit to Sri Lanka is being seen as a harbinger of positive developments and an improved economic and financial situation for the island nation. Click here to read…

US to provide additional US$ 30 million – Daily News

United States Under Secretary of State for Political Affairs Victoria Nuland yesterday announced an additional US$ 30 million for the provision of free lunch to 96,000 schoolchildren in 850 government schools. She said that the US has begun the delivery of 770 MT of food supplies and vegetable oil to meet the food security needs of the country. She said that the US government has provided support worth over US$ 240 milion dollars to Sri Lanka just over a year. “This is a critical movement of your country.The government is working with the IMF and international creditors to stabilize the economy,”Nuland said at a press conference held in Colombo yesterday evening. Click here to read…

Neighborhood News Digest – 27 January 2023

Afghanistan
Russia Turns To Taliban For Weapons; Reports Claim After Iran & N.Korea, Moscow Eyes US Arms In Afghanistan – The EurAsian Times

With no western support for the upkeep of this weaponry, it may be easier for the Taliban to decide on sending them over to Moscow. According to the Kremlin officials cited by the British media report, Putin wants to supply his soldiers in Ukraine with these Western weapons. The General SVR channel alleges: “Putin is overseeing negotiations with the Taliban to recognize the Taliban government. In return, the Russian leadership is offering a major arms and military equipment swap.” Click here to read…

Afghanistan: Taliban to set new rules on women’s aid work, UN says – BBC News

Taliban ministers have told a senior UN official they plan to draw up new guidelines to allow Afghan women to work in some humanitarian operations. Martin Griffiths told the BBC he had received “encouraging responses” from a wide range of Taliban ministers during talks in Kabul, even if last month’s edict banning Afghan women working for NGOs is not reversed. Click here to read…

AK Doval expected to visit Moscow in February for Afghanistan dialogue – Economic Times

National security advisor AK Doval is expected to visit Moscow next month for a regional dialogue on Afghanistan. Doval will also hold con,.n rights situation. India hosted this dialogue in 2021 followed by Tajikistan in 2022. Last month, India also hosted Central Asian NSAs with a special focus on Afghanistan. Click here to read…

Afghanistan’s Kamal Khan Dam and the Helmand River Treaty – The Diplomat

The opening of the Kamal Khan Dam in March 2021 reignited an old dispute between Iran and Afghanistan over the allocation of water in the Helmand River. The river is considered to be one of Afghanistan’s natural lifelines. It’s the country’s longest and runs into Hamoun Lake, which lies on the border between the two neighbors. Neither the Helmand River Treaty nor customary international law denies Afghanistan the right to construct dams over the Helmand River. Click here to read…

Twenty terrorist groups ‘with foreign objectives’ operating in Afghanistan– The National News

Twenty extremist groups are entrenched in Taliban-controlled Afghanistan with eyes on targets abroad, a security expert has said. In a chilling warning to the international community, Arian Sharifi suggested the landlocked country has become a breeding ground for terrorists looking to establish or re-establish themselves. Click here to read…

Bangladesh
Bangladesh’s seaports: Securing domestic and regional economic Interests – Hindustan Times

Bangladesh is one of the fastest growing economies globally. Over 90% of the country’s international trade is through the ports of Chattogram and Mongla, which also provide the neighbouring countries an access to the sea for trade and connectivity. This paper seeks to assess the significance of the two seaports in advancing Bangladesh’s domestic trade development, and their role in facilitating maritime commerce in the Bay of Bengal region. Click here to read…

PM Hasina: Govt preparing to hold free, fair election – Dhaka Tribune

Prime Minister Sheikh Hasina on Thursday said her government is taking all kinds of preparations to hold the next general election in a free and fair manner. “The next election will be free and fair, and we are taking all kinds of preparations,” she said when the outgoing Swiss ambassador, Nathalie Chuard, called on her at her parliament office. Click here to read…

BNP to stage road marches on 4 days in Dhaka – New Age

The main opposition Bangladesh Nationalist Party on Thursday announced that it would observe a road march programme in the capital on four days to demand the ‘restoration of democracy’ as part of its ongoing anti-government movement. BNP secretary general Mirza Fakhrul Islam Alamgir announced the demonstration event in a press conference at the Naya Paltan BNP central office in the capital. Click here to read…

Bhutan
India committed to its unique partnership with Bhutan, says PM Modi – the Print

Prime Minister Narendra Modi thanked his Bhutan counterpart Lotay Tshering for his warm wishes on the Republic Day and said India is committed to its unique partnership with the neighbour. “Thank you @PMBhutan Dr. Lotay Tshering for your warm wishes! India is committed to its unique partnership with Bhutan for the progress and prosperity of both our nations,” PM Modi said in a tweet. Click here to read…

Are China and Bhutan talks on resolving border dispute a headache for India? – Wion News

Bhutan may emerge as a fresh reason for disputes between neighbours India and China, the latest geopolitical developments indicate. Media reports have mentioned that Beijing has been infesting settlements of villages across the disputed regions, even though China promised to attempt to settle border disputes with Bhutan. Click here to read…

Bhutan could borrow Nu 7.39B more as non-hydro debt this FY – Kuensel

With the country’s non-hydro debt recording at Nu 73.22 billion(B) as of December last year, the government has an opportunity to borrow an additional Nu 7.39B in fiscal year 2022-23. This is because the Public Debt Policy 2016 prescribes that the non-hydro external debt should not exceed 35 percent of the country’s gross domestic product (GDP) during a five-year plan period. Click here to read…

Pakistan
Pakistan Rupee Slumps To Record Low, Crisis-Hit Nation Seeks Bailout – NDTV

Pakistan’s currency fell to a record low of ₹ 255 against the US dollar on Thursday, according to local media reports. The tumble comes after the cash-strapped government relaxed its grip on the exchange rate to win much-needed loans from the International Monetary Fund (IMF). Pakistan’s money exchange companies removed the limit on the dollar-rupee rate from Wednesday, and said they will let the local currency drop slowly in the open market. Click here to read…

No backchannel diplomacy between Pakistan and India: Khar – Dawn

Minister of State for Foreign Affairs Hina Rabbani Khar said on Thursday that ever since the incumbent government came to power, there has been no backchannel diplomacy going on between Pakistan and India “untold to the rest of the world”. “At this moment, there is no such thing under way,” she said during a Senate session. Click here to read…

IMF mission to visit bankrupt Pakistan to discuss bailout program – Times Now

An International Monetary Fund (IMF) mission will travel to Pakistan later this month to discuss the ninth review of the nation’s ongoing funding program, which it has stalled, the lender’s resident representative announced on Thursday, as the cash-strapped country’s economy is in disarray. The IMF provided Pakistan with a $6 billion bailout in 2019, which was increased by an additional $1 billion in 2018. Click here to read…

Pakistan poll panel announces April elections in two provinces – AlJazeera

Pakistan’s election commission has set final election dates for two provinces whose assemblies were dissolved earlier this month as part of former Prime Minister Imran Khan’s bid to force early national polls. Provincial votes have historically been conducted alongside national elections, but Pakistan’s constitution also says new polls must be held in a province within 90 days of the dissolution of its assembly. Click here to read…

Russia’s Kabulov Meets Pakistan’s Khar, Discusses Afghanistan – Tolo News

Russian special envoy Zamir Kabulov met with Hina Rabbani Khar, Pakistan’s State Minister of Foreign Affairs, and discussed regional issues including Afghan peace and security, a Pakistan Foreign Ministry spokesperson said. Pakistan’s Khar said that Afghanistan due to its location has an important role in achieving its full potential in socio-economic development and regional connectivity and urged the international community to continue extending assistance and support. Click here to read…

Maldives
Maldives welcomed more than 133,000 tourists by Thursday – Raajje

More than 133,000 tourists have been welcomed so far in January. This was revealed by the Ministry of Tourism in its latest daily statistics, publicized on Wednesday. Since the new year began, Maldives welcomed a total of 133,000 visitors by Wednesday, which according to the ministry is an increase of 28.8 percent from the 103,236 arrivals recorded in the same period last year, and a significant increase from the 70,614 arrivals recorded in 2021. Click here to read…

Ali Faiz appointed new High Commissioner of Maldives to Sri Lanka – Raajje

A new Maldivian high commissioner has been appointed to Sri Lanka. President Ibrahim Mohamed Solih made the appointment on Wednesday. Appointed as the new High Commissioner of the Republic of Maldives to the Democratic Socialist Republic of Sri Lanka is Ali Faiz. His letter of credence was handed to him during a ceremony held at the President’s Office. Click here to read…

Myanmar
Myanmar opium farming booming after coup: UN – Mizzima

Opium poppy production in Myanmar ramped up dramatically following the 2021 military coup, the UN’s drugs office said Thursday, as political and economic turmoil drove farmers to cultivate the crop. The country’s economy has been paralysed following the military power grab in February 2021 and subsequent fighting between the junta and anti-coup rebels. Click here to read…

Myanmar junta plans poll with strict rules for political parties – Aljazeera

Myanmar’s military government took an early step toward holding parliamentary elections, but it did so by imposing strict rules on political parties that may make fair balloting difficult. The country has been under sanctions, including by the US and EU, since the coup in 2021 that toppled the civilian government led by Aung San Suu Kyi. Click here to read…

China ‘exploited’ insecurity among tribal communities on India-Myanmar border: research paper – The hindu

China has “exploited” the sense of alienation and insecurity among tribal communities along the India-Myanmar border — who have been protesting against the fencing being undertaken along the border — in order to “cause insurgency and instability” in northeastern India, according to a research paper written by a police officer and submitted at a conference last week. It added that insurgents sourced their arms from China and brought them into India via Myanmar. Click here to read…

Nepal
Nepal plane crash: Singapore to analyse black boxes – Mid-Day

Singapore*s Transport Ministry will analyse black boxes recovered from the crash site of Yeti Airlines flight 691 at the request of the investigation authorities in Nepal, officials said. The flight smashed into a gorge on its final approach to the newly opened Pokhara International Airport on January 15, killing all 72 people on board. It was the country*s worst air crash in 30 years. The Transport Ministry*s (MOT) Transport Safety Investigation Bureau (TSIB) will help retrieve and read the data from the plane*s flight recorders, said an MOT spokesperson in a statement on Thursday. Click here to read…

‘NC prefers consensus, not power sharing’ – The Himalayan Times

Nepali Congress Spokesperson Prakash Sharan Mahat said the party had decided to support the government led by CPN-Maoist Centre Chair Pushpa Kamal Dahal to establish national consensus. In his address to a press meet organised by Nepal Press Union, Banke, here today, spokesperson for the major opposition said the party had given vote of confidence to the government at the call of the prime minister and it was committed in its effort to cultivate the ground for national consensus rather than joining the government. Click here to read…

Sri Lanka
India’s timely help ensured Sri Lanka’s economic survival during crisis: Sri Lankan envoy Moragoda – The Hindu

India’s support to Sri Lanka during its economic crisis, that External Affairs Minister (EAM) S. Jaishankar underlined during his visit to Colombo last week has opened a new chapter in ties between the neighbours, says Sri Lankan High Commissioner to India Milinda Moragoda. Click here to read…

China’s EXIM bank gives Sri Lanka debt extension – Daily Mirror

China’s Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China’s foreign ministry said on Thursday, confirming a Reuters report earlier this week. EXIM offered Sri Lanka a two-year moratorium on its debt and said it would support the country’s efforts to secure a $2.9 billion loan from the International Monetary Fund, according to a letter reviewed by Reuters. Regional rivals China and India are the biggest bilateral lenders to Sri Lanka, a country of 22 million people that is facing its worst economic crisis in seven decades. Click here to read…

Sri Lankan industries should prepare for the transition to the digital economy: President – Colombo Page

President Ranil Wickremesinghe pointed out that the industrial education and training opportunities in Sri Lanka should be improved by introducing modern technology required to surpass the new industrial technology and digital economy of the fourth and fifth industrial revolutions. Click here to read…

Neighborhood News Digest – 25 January 2023

Afghanistan
Taliban Discuss Restoration of Historical Sites with UNESCO – The Khaama Press

Mawlavi Atiqullah Azizi, Deputy Minister of Culture and Information of Afghanistan met with Brendan Cassar, UNESCO Culture Program Officer on Monday to discuss the restoration of historical sites. During the meeting, Mr. Azizi shared his concerns with Brendan about restoring historical sites and ancient reservoirs in some provinces of the country, which are on the verge of collapse. Click here to read…

Uzbekistan to Supply Electricity Amid Energy Crisis in Afghanistan – The Khaama Press

The Ministry of Energy and Water announced that Uzbekistan has assured to resume supplying electricity to Afghanistan after weeks of complete blackout. Authorities at the Ministry of Foreign Affairs of Uzbekistan have acknowledged that they will resume supplying power to Afghanistan from January 25 onward according to the Ministry of Energy and Water. Reportedly, the power supply stopped on January 14 due to extreme cold, causing problems in the gas supply to thermal power plants (TPPs), which run on this type of fuel and provide 90% of electricity generation in the country. Click here to read…

Guterres Calls on ‘Taliban’ to Reverse Ban on Female Access to Education – Tolo News

On UNESCO’s International Day of Education, the UN Secretary-General Antonio Guterres called on the “Taliban to reverse the outrageous and self-defeating ban on access to secondary and higher education for girls & women in Afghanistan.” Schools for female students in grade 6-12 have remained closed for nearly one and a half years. Last month, the Ministry of Higher Education announced that female students are banned from going to university. Click here to read…

Lithium: China’s Afghanistan design – The New Indian

Provinces like Nangarhar, Badakhshan, Nuristan and Kunar were the centres of smuggling syndicates. Gemstones like lapis lazuli, talc powder, copper, iron and coal along with poppy (heroin), were some of the main items that were extracted illegally, smuggled into Pakistan, and then exported to China and other countries under the Pakistani name. Click here to read…

7th ‘Kindness Train’ carrying aid from Turkey arrives in Afghanistan – Pakistan Observer

The seventh “Kindness Train” that departed from Ankara with the coordination of the Disaster and Emergency Management Authority (AFAD) reached Afghanistan’s Herat province on Monday. Sinan Ilhan, Turkey’s consulate general to Herat, welcomed the train with AFAD and Turkish Red Crescent officials. AFAD officials told Anadolu Agency the train carried over 500 tons of humanitarian aid, which would be distributed to families in need in various provinces over the next few days. Click here to read…

Bangladesh
Keep economy in mind – Daily Star

Prime Minister Sheikh Hasina yesterday directed the deputy commissioners to cut their use of public funds and rein in non-essential projects. She asked them to keep the global economic situation in mind and take measures to increase food production to be ready for a possible food crisis. Click here to read…

Protest Programmes: BNP plans to get back momentum – Daily Star

Fearing that their programmes are losing steam, top BNP leaders are considering new programmes that would bring back the pace to the movement for national election under a non-partisan interim administration. Excitement among the activists peaked ahead of BNP’s December 10 rally in Dhaka, leaders said, adding that their plan now is to revive that momentum through different programmes in February. Click here to read…

Big Powers Battle for Influence in Bangladesh – Diplomat

Bangladesh is emerging as an important site of big power competition. The country has witnessed a flurry of visits from U.S. and Chinese officials in recent weeks. Since it emerged as an independent country in 1971, Bangladesh’s foreign policy has been based on “friendship to all and malice to none.” This strategy has worked well for the country. However, increasingly, the big powers are pressuring Dhaka to take sides in their rivalries. Click here to read…

Bhutan
BKP deregisters with ECB – Kuensel

One of the oldest political party, Bhutan Kuen-Nyam Party (BKP) has deregistered as a political party with the Election Commission of Bhutan (ECB). The ECB notified that BKP stands deregistered as a political party and its name has been removed from the register of political parties maintained with the ECB, yesterday. Click here to read…

Steep decline in winter tourist arrivals – Kuensel

DoT officials said that tourism has declined owing to the pandemic which resulted in arrivals being low. “The introduction of the new Sustainable Development Fee (SDF) and other changes in the tourism strategy has contributed to a drop in arrival numbers,” a DoT official shared. The department added that there are other existing issues for the decline. “One factor is Bhutan’s ability to rebound from the Covid-19 pandemic. We only communicated the reopening of Bhutan’s border along with the new tourism strategy only two weeks prior, which was, unfortunately, a late notice,” he said. Click here to read…

Maldives
Maldives welcomes Czechia for adopting gov’t strategy for Gender Equality 2021-2030 Raajje

The government of Maldives has welcomed the Czech Republic for adopting the Government Strategy for Gender Equality 2021-2030. This was done during the 42nd Session of the Universal Periodic Review (UPR) which commenced at the Palais des Nations in Geneva on Monday. Click here to read…

Myanmar
Opium production booming in Myanmar after the coup: report The Globe and Mail

Economic instability and armed conflict have left farmers in parts of the country “little option” but to start growing the drug, undoing years of work to reduce opium production in Myanmar’s border areas, said Jeremy Douglas, Bangkok-based regional representative for the United Nations Office on Drugs and Crime. Click here to read…

A Human Rights Organization Is Filing a Case In Germany Against The Myanmar Army – Globe Echo

A human rights organization and 16 people from Myanmar filed a “criminal complaint” in Germany to demand the punishment of Myanmar army generals for allegations of their involvement in “genocide, war crimes and crimes against humanity”, after the seizure of power in 2021, and during a crackdown on the Rohingya Muslims in 2017. Click here to read…

Thai military’s close ties with Myanmar junta compromising ASEAN efforts to resolve crisis – ThaiPBSWorld

Thailand’s lenient stance as well as the close ties between its armed forces and the Myanmar military — also known as Tatmadaw — would undermine the efforts of ASEAN and the international community to ease the ongoing crisis in that country, according to many independent observers. Click here to read…

Nepal
Nepal: Man tries to self-immolate in front of federal parliament building – Free Press Journal

The man was identified as Prem Prasad Acharya. “The 37-year-old has been identified as Prem Prasad Acharya from Illam District. He has been shifted to a hospital in Kirtipur.” Dinesh Raj Mainali, SP of Metropolitan Police Complex Kathmandu told ANI over the phone. Click here to read…

Another earthquake in Nepal, tremors felt in Delhi-NCR – Times of India

Tremors were felt in Delhi-NCR at 2.28pm on Tuesday due to a moderate earthquake of 5.8 magnitude on Richter scale, National Centre for Seismology said. Click here to read…

Pakistan
Pakistan’s nationwide power cuts highlight escalating economic crisis – The Washington Post

Three weeks ago, Pakistani authorities ordered all markets, restaurants and shopping malls to close early, part of an emergency plan to conserve energy as the country of 220 million struggled to make overdue payments on energy imports and stave off a full-fledged economic collapse. But the measures were too little, too late. On Monday morning, the country’s overburdened electrical system collapsed in a rolling wave of blackouts that began in the desert provinces of Baluchistan and Sindh but quickly spread to nearly the entire country, including the densely crowded cities of Karachi, Lahore and Rawalpindi. Click here to read…

US ‘prevented’ South Asia nuclear war in 2019, claims Pompeo – Dawn

Former US secretary of state Mike Pompeo has revealed that India and Pakistan came close to nuclear war in 2019 following the Balakot airstrike, and that US intervention helped prevent an escalation, the Press Trust of India and AFP reported. In Feb 2019, India launched airstrikes inside Pakistani territory after blaming a militant group for a suicide bombing that killed 41 paramilitary soldiers in Indian-held Kashmir. Pakistan then shot down an Indian warplane, capturing the pilot. Click here to read…

Outages to continue until nuclear plants restored to full capacity – Dawn

Federal Minister for Energy Khurram Dastgir Khan has said the government has ordered an audit to identify weaknesses in transmission system across the country and would soon introduce new technologies and practices to ensure power breakdowns are geographically contained and have ‘blackstart’ facility for quick recovery of the entire national grid. Click here to read…

US Help Won’t Solve Pakistan’s Terrorism Problems – The Diplomat

It could be argued that the United States, Europe, and other countries and international organizations were already helping Pakistan improve governance, infrastructure, economy, and counterterrorism capacities in the newly merged districts (NMD), the erstwhile Federally Administered Tribal Areas (FATA) in Khyber Pakhtunkhwa (KP). So long as Pakistan lacks the political will to root out terrorism on its western borderlands, any international efforts would be in vain. Until Pakistan’s policy elite and civil society demonstrate a serious commitment and consensus, foreign investment in governance and policing system alone would fall short of eliminating terrorism and violent extremism in the country. Click here to read…

Sri Lanka
President tells UNP to prepare for an election – Daily News

President Ranil Wickremesinghe informed the United National Party (UNP) yesterday (24) to prepare for an election. The President made this announcement when the Management Board of the United National Party met at the President’s Office in Colombo under the patronage of President Ranil Wickremesinghe. United National Party General Secretary Palitha Range Bandara said the President instructed the United National Party officials to continue the election work. The President has informed all UNP officials to go to Sirikotha party headquarters and engage in election activities. Click here to read…

External Affairs Minister S Jaishankar’s visit to Sri Lanka: Key takeaways – Indian Express

External Affairs Minister S Jaishankar’s visit to Sri Lanka, after his visit to the Maldives, conveyed 1) glad tidings, 2) a much delayed invitation, and 3) two strong messages on India’s expectations of its nearest Indian Ocean neighbour. Taken together, the three provide an understanding of how Delhi views its relations with Colombo. Click here to read…

IMF confirms receipt of India’s financing assurances for Sri Lanka – The Hindu

The International Monetary Fund (IMF) has confirmed receiving India’s written financing assurance in support of Sri Lanka’s economic revival, Reuters news agency reported, while Sri Lanka has expressed hope of completing talks on debt restructuring in six months’ time. Click here to read…

Neighborhood News Digest – 23 January 2023

Afghanistan
Afghanistan: Top UN delegation tells Taliban to end confinement, deprivation, abuse of women’s rights – UN News

Deputy Secretary-General, Amina Mohammed, the Executive Director of UN Women, Sima Bahous, and the Assistant Secretary-General for UN political, peacebuilding and peace operations, Khaled Khiari, spend four days on a fact-finding mission in Afghanistan, to engage with Taliban leaders, and “underscore UN solidarity with the Afghan people”, according to a press release issued to correspondents on Friday. Click here to read…

China to provide modern weaponry to Taliban after terror attack on its nationals in Afghanistan: report – Times Now

China is supplying the Taliban with contemporary weapons in response to the Islamic State Khorasan Province’s (ISKP) recent attack on a hotel in Kabul that primarily housed Chinese nationals. The action is being taken at a time when China’s interests are threatened by Afghanistan’s instability and potential to be a barrier to the Belt and Road Initiative’s success (BRI). Click here to read…

China Supports Inclusive Political Structure in Afghanistan: Qin – Tolo News

Chinese Foreign Minister Qin Gang in a phone call with the acting Foreign Minister Amir Khan Muttaqi expressed China’s support for the Afghan interim government to build a broad and inclusive political structure in the country. Global Times quoted the Chinese FM as saying that China never interferes in Afghanistan’s internal affairs, nor seeks any selfish gains in Afghanistan or the so-called sphere of influence. Click here to read…

Russia accuses US of sponsoring ISIS in Afghanistan– Pakistan Observer

The Russian presidential envoy for Afghanistan, Zamir Kabulov, confirmed that evidence exists of the US attempting to build ties with current Afghan authorities while secretly sponsoring (ISIS). Click here to read…

Bangladesh
RAB arrests two members of extremist outfit at Rohingya camp – New Age

Rapid Action Battalion on Monday said that they had arrested two operatives of extremist outfit Jamaatul Ansar Fil Hindal Sharqiya after an ‘exchange of fire’ at Kutupalong Rohingya camp of Ukhia in Cox’s Bazar on early Monday. The RAB, in a text message, said that they had arrested the group’s policy maker and armed wing chief Ranbir and explosive expert Bashar with firearms and explosives. Click here to read…

UN expert lauds Bangladesh’s role in global discourse on safe, orderly migration – Daily Star

UN Special Rapporteur on Human Rights on Migrants Felipe Gonzalez Morales yesterday appreciated Bangladesh’s proactive role in the global discourse on safe, orderly and regular migration. The UN special rapporteur, who will be in Bangladesh till January 31, met Foreign Secretary Masud Bin Momen and discussed issues of mutual interest. Click here to read…

Presidential election by February 23 – Daily Star

EC Secretary Jahangir Alam, after a meeting at the EC office, said the election process has already begun. “We will contact the Parliament Secretariat and fix the date of a meeting between the chief election commissioner and the Speaker. The election will be held sometime between January 23 and February 23.” Click here to read…

Bhutan
Govt. to rationalise import and borrow to save foreign currency reserves – Kuensel

Bhutan’s import bill as of September last year shows a estimated daily outflow of INR 233 million (M) and USD 1.35M, equivalent to Nu 105. 23M. The figures could be high if we consider the country’s debt obligations of INR 7 billion (B) and convertible currency debt. Soaring import bills and appreciating USD against the Ngultrum saw the country’s foreign currency reserve decrease. Click here to read…

India and Bhutan foreign secretaries inaugurate projects – Kuensel

The foreign ministry officials, during the inaugural ceremony, said that Digital Drukyul is the project initiated aimed at harnessing the power of ICT to transform Bhutan into an innovative and inclusive society. GoI made assistance of Nu 1066 Million (M). There are four critical projects under the initiative – Government-Initiated Network; Integrated Citizen Services; Digital School, and Enhancement of ICT Sector’s Capacity and Competency. Click here to read…

12th Plan talks fruitful, says PM – Kuensel

India has released almost 86 percent of the Nu 45 billion that it has committed to the 12th Plan, according to the Prime Minister. “Such a speedy and efficient release of funds has not happened in the earlier Plans. We thanked them and conveyed that we are looking forward to the same efficiency,” Lyonchhen said. Lyonchhen said that issues including the pending ones were resolved since the delegation was led by the foreign secretary who is an official with authority. Click here to read…

Maldives
India-Maldives ties, and why New Delhi is concerned about Male’s upcoming presidential elections – Indian Express

External Affairs Minister S Jaishankar visited Maldives earlier this week, at a fraught time for the country’s president, Ibrahim Solih. The presidential election in Maldives is to be held on September 9 this year, with a runoff, if necessary, on September 30. Solih has announced he will run for a second term, but his candidature has been opposed within his party by former president and leader of the Maldivian Democratic Party (MDP) Mohamed Nasheed, who has thrown his hat in the ring. The two will face off in the party primary on January 28. Click here to read…

China Outmaneuvered In The Maldives As Construction Of India-Funded Airport Begins On Strategic Island – Swarajyamag

External Affairs Minister S Jaishankar was in the Maldives this week for the groundbreaking ceremony of the Hanimaadhoo international airport project. The $136.6 million development of the Hanimadhoo airport is being executed by Indian company JMC Projects Ltd, financed through a line of credit from India’s Exim Bank. Click here to read…

Myanmar
Myanmar Resistance Targets More Junta Election Offices – The Irrawaddy

Resistance groups have attacked six Myanmar junta offices in Yangon, Sagaing and Magwe regions in two days to disrupt plans for a general election later this year. The junta regime started updating voter lists on January 9, sparking attacks from resistance groups. Click here to read…

Dhaka requests Beijing to discuss border situation with Myanmar – Rising BD

Bangladesh has informed China about the fresh unrest at the Zero Line on the Myanmar border. Dhaka has requested Beijing to discuss the issue with the Myanmar government to resolve it. Chinese Ambassador to Bangladesh Yao Wen on Sunday (January 22) made a courtesy call on State Minister for Foreign Affairs Md Shahriar Alam and Foreign Secretary Masud Bin Momen. Click here to read…

Myanmar sees growth in contraband goods seizures in 2022 – Mizzima

Myanmar Vice-Senior General Soe Win said the Myanmar authorities managed to seize more contraband goods over the last year, than the year before, all told a 56 billion kyat value increase. Soe Win made the claims at the Anti-illegal Trade Leading Committee meeting held in Naypyidaw on 18 January. He said at this meeting that there were 2,240 such cases during the one-year period from January to December 2021 and the estimated value of these contraband goods was 8.4 billion kyat. Click here to read…

Myanmar Junta Airstrike Targets Ceasefire Signatory – The Irrawaddy

A Myanmar junta airstrike has targeted the house and office of a Democratic Karen Benevolent Army (DKBA) commander in Kyainseikgyi Township, Karen State, near the Thai border, according to the armed group. Click here to read…

Nepal
Families of Nepal Plane Crash Likely To Miss Out Millions in Compensation: Report – NDTV

The grieving families of the victims of the Yeti Airlines plane crash are likely to lose out on millions in compensation because the Nepal government has not ratified the crucial air carriers’ liability and insurance draft bill, according to a media report on Friday. On January 15, a Yeti Airlines aircraft crashed into a gorge near the newly-built airport in Pokhara, killing all the 72 passengers on board, including five Indians, in the country’s worst air disaster in 30 years. Click here to read…

China builds new dam in Tibet near Indian border – The Hindu

In a development that is a matter of concern to both India and Nepal, China is constructing a new dam on the Mabja Zangbo river in Tibet, close to the tri-junction, satellite imagery has revealed. The new dam is located around 16 km north of the tri-junction and is opposite the Kalapani area of Uttarakhand, according to sources in the security establishment. Click here to read…

Pakistan
Pakistan, Russia to sign oil supply agreement in March – Dawn

Pakistan and Russia decided on Friday to address all technical issues — insurance, transportation and payment mechanism — to sign an agreement by late March this year for the supply of Russian oil and other petroleum products at discounted rates. “On crude products and future supply of oil products, we have already decided to draft an agreement and to sort out all issues that we have with regard to transportation, insurance, payments and volumes and we have already established the timelines for this agreement” for late March this year, said Russia’s Energy Minister Nikolay Shulginov at a joint news conference with Economic Affairs Minister Ayaz Sadiq. Click here to read…

We want normal ties with Pakistan, says India – The Hindu

India desires “normal neighbourly relation” with Pakistan in an atmosphere that is free of violence, the Ministry of External Affairs (MEA) stated on Thursday. Responding to a question on Pakistan Prime Minister Shehbaz Sharif’s offer of holding “serious” dialogue with India on the Kashmir issue, MEA spokesperson Arindam Bagchi said India’s position on talks with Pakistan has not changed. Click here to read…

No intentions to carry out military operations inside Afghanistan, clarifies FM Bilawal Bhutto – Daily Pakistan

Foreign Minister Bilawal Bhutto Zardari on Saturday shoots down reports of carrying out surgical strikes in Afghanistan, clarifying that Islamabad has no such intentions of carrying out a military operation in the neighboring country. In his recent interview with a foreign news outlet on the sidelines of the WEF summit in Davos, the Foreign Minister said Pakistan has no such intentions to launch a cross-border military operation in war-torn country, weeks after Kabul strongly responded to the comments of the Interior Minister. Click here to read…

Analysis: Why a financially stable Pakistan is in US interest – Dawn

In recent weeks and months, the US has made no secret of the fact that it is closely monitoring developments in Pakistan, both on the security and economic fronts. In the past three months, over a dozen statements have mentioned Pakistan specifically or in passing, and in each case, the tone and tenor reflects a level of concern seldom seen in the past. Click here to read…

Sri Lanka
India to Hike Development Assistance To Sri Lanka – Outlook

India on Friday agreed to double its high-impact community development project in Sri Lanka with a new bilateral agreement signed during the much-anticipated visit of External Affairs Minister S Jaishankar. He was on a two-day visit to the debt-trapped island nation, met top leaders to enhance bilateral ties and finalise a debt restructuring plan to help Colombo carve out a path from its economic crisis. Click here to read…

After India, China gives financing assurances to Sri Lanka for IMF bailout package – The Hindu

China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a $2.9 billion bailout package for the country, days after India strongly backed the island nation’s efforts to secure the loan from the global lender to recover from its worst-ever economic crisis. The Sunday Times newspaper reported that China’s Exim Bank delivered a letter on Saturday granting Sri Lanka a two-year moratorium on repayment and agreeing with the International Monetary Fund’s extended fund facility (EFF). The report was confirmed by Sri Lankan officials who did not want to be named. Click here to read…

Economic Downturn and External Role – Daily News

For generations, our lament has been the absence of policies at national level. As Governments change, so do the policies adapted by the outgoing Government. It is this lacunae that has bitten us in the posterior end resulting in the ongoing economic crisis. As we struggle to navigate through this current challenge, one thing is clear – our economy and foreign relations have become spouses. Click here to read…

Neighborhood News Digest – 19 January 2023

Afghanistan
30 pc decline in imports from Afghanistan via Attari ICP – The Tribune

The decline of 30 per cent in the imports from Afghanistan through the Integrated Check Post (ICP) at Attari can be attributed to clashes between Pakistan forces and Taliban fighters on the international border being shared between Afghanistan and Pakistan besides floods in Afghanistan. The trade through Attari-Wagah route dipped as the import from Afghanistan registered a fall of Rs 1,018 c in 2022 (from January 1 to December 31) in comparison to the previous corresponding period (2021). Click here to read…

Dozens of people killed as cold wave sweeps Afghanistan – Al Jazeera

At least 70 people and tens of thousands of cattle have died due to freezing temperatures across Afghanistan, the country’s Ministry of Disaster Management confirmed with Al Jazeera as Afghans reel from a spell of cold weather amid a humanitarian crisis. The ministry said on Wednesday that 70 people and 70,000 cattle have died in the past week. Click here to read…

Qatar Emphasizes Need for Engagement with Islamic Emirate – Tolo News

Qatar’s Foreign Minister Sheikh Mohamed bin Abdulrahman al-Thani emphasized the need for continued engagement with the Islamic Emirate as he addressed a panel discussion on the sidelines of the World Economic Forum in Davos, Switzerland, on Tuesday. Al Thani criticized a number of the recent actions the current government took but said that engagement with the Islamic Emirate was the only way to bring change in Afghanistan. Click here to read…

Bangladesh
A deepened friendship between the US and Bangladesh – Dhaka Tribune

Bangladesh and the US have shared historical experiences. Both nations share a strong belief in democracy and have endured bloody wars to gain their independence. The democratic process is ongoing. The US have witnessed heinous acts of violence and racism. The American people are openly and honestly discussing these concerns, and they are speaking up forcefully to make changes in society and hold lawmakers responsible. Click here to read…

Bangladesh Sents Back Consignment From Embargoed Russian Ship – Marine Insight

On Tuesday, January 17, Bangladesh sent away a Russian ship carrying supplies for their Rooppur nuclear power plant, an incident which has left Russia dissatisfied. The move was made because of the US embargo on the Ursa Major ship. According to international laws, a country that allows embargoed vessels to dock at ports also faces embargo charges. The ship was slated to dock on Dec 24. However, the US government alerted Bangladesh on Dec 22 about its embargo status, which was relayed to the Russian Ambassador Alexander Mantitsky by Bangladesh’s Foreign Ministry’s Maritime Affairs Secretary Khorshed Alam. Click here to read…

‘PM Hasina should get Nobel prize for hosting Rohingyas’ – Dhaka Tribune

Prime Minister Sheikh Hasina should get the Nobel prize for her humanitarian and responsible policy in hosting the Rohingyas, the speakers said during a discussion Wednesday. They were addressing the discussion “Rohingya’s: Victims of Genocide and Looking for Answers” organised by the Entrepreneurship Economics Program of the Dhaka School of Economics. The speakers also urged the international community to play a strong role in the repatriation of Rohingyas from Bangladesh. Click here to read…

Sea ‘a graveyard’ as number of Rohingya fleeing Bangladesh by boat soars

The number of Rohingya refugees taking dangerous sea journeys in the hope of reaching Malaysia or Indonesia has surged by 360%, the UN has announced after hundreds of refugees were left stranded at the end of last year. Rohingya in Bangladesh refugee camps have warned that human smugglers have ramped up operations and are constantly searching for people to fill boats from Myanmar and Bangladesh headed for Malaysia, where people believe they can live more freely. Click here to read…

Bhutan
Foreign Secretary in Thimphu days after China-Bhutan border talks – The Tribune

Foreign Secretary Vinay Mohan Kwatra reached Thimphu on Wednesday on a three-day visit. Kwatra will hold talks with his counterpart Pema Choden, besides calling on the country’s top leadership. He will also co-chair the 4th India-Bhutan Development Cooperation Talks. India is Bhutan’s largest benefactor and had earmarked $282 million for its development during 2022-23. The focus of the visit is expected to be on boosting cooperation in the hydropower sector, defence ties and reviewing the situation in the strategically sensitive Doklam tri-junction. Click here to read…

Maldives
India, Maldives must together ensure regional security: EAM S Jaishankar – The Tribune

External Affairs Minister S Jaishankar reached the Maldives on Wednesday as part of his two-leg overseas tour and with his counterpart Abdullah Shahid reviewed India’s ambitious development projects in the island that will far surpass earlier Chinese efforts at building infrastructure there. After the ground-breaking ceremony of the Hanimaadhoo International Airport expansion, Jaishankar said it was one of the most anticipated projects. He said at a press conference that another equally ambitious project, the Greater Male Connectivity Project (GMCP), would become an “economic corridor”. Click here to read…

India announces 100 million Maldivian Rufiyaa for community development projects in Maldives – News on Air

Dr. Jaishankar held discussions with Maldivian Foreign Minister Abdulla Shahid on strengthening India-Maldives cooperation and took stock of ongoing development projects financed by India in Maldives. He said the MoUs and agreements are a reaffirmation of a strong developmental partnership between the two countries. He expressed happiness on witnessing an MoU between Maldivian National University and Kochi University of Science & Technology. The minister said India has handed over two sea ambulances to help the MALDIVES NATIONAL DEFENCE FORCE (MNDF). He also said India has completed 23 out of 45 impactful community development projects. Click here to read…

Myanmar
Myanmar Junta Leaked Memo Shows Resistance Growing Beyond Control – Irrawaddy

Leaked minutes from a top-level “counterterrorism” meeting led by Home Affairs Minister Lieutenant-General Soe Htut show the junta is at its wit’s end after failing to drum up public support to crush the shadow National Unity Government (NUG). Click here to read…

Kokang: Caught Between Myanmar and China – Irrawaddy

One of the most unexpected developments in the struggle against Myanmar’s latest military dictatorship is the support for the resistance that has come from the Myanmar National Democratic Alliance Army (MNDAA). An ethnic armed organization (EAO), the MNDAA is based in Kokang in the far northeastern corner of Shan State in eastern Myanmar. More than 90 per cent of Kokang’s population of approximately 150,000 people are ethnic Chinese of Yunnan descent, and the region’s cultural, personal and even political ties with China have always been strong. Click here to read…

Singapore doesn’t authorise transfer of arms to Myanmar, says Ministry of Foreign Affairs – The Print

Singapore does not authorise transfer of arms or “items with potential military application” to Myanmar, the Ministry of Foreign Affairs has said, rebutting a report which claimed it functions as a “strategic transit point” for items that “feed” the junta’s weapon production. Click here to read…

Nepal
India stealing a march on China on rail connectivity with Nepal? – Kathmandu Post

As a Chinese technical team started a feasibility study for the proposed Kerung-Kathmandu cross-border railway, India has almost completed a detailed feasibility study for the Raxaul-Kathmandu Railway project, officials at the Department of Railways said. The two projects highlight the geopolitical rivalry between the two neighbouring giants who are competing for influence in Nepal. Click here to read…

Ghimire and Neupane in the House Speaker race – Kathmandu Post

Dev Raj Ghimire of the CPN-UML and Ishwari Neupane of the Nepali Congress have on Wednesday filed nominations for the election of the Speaker of the House of Representatives. The election is scheduled for Thursday morning. Neupane’s candidacy was proposed by Congress lawmaker Bishwa Prakash Sharma and was seconded by Prakash Jwala of the CPN (Unified Socialist). The Congress and the Unified Socialist, both of which had voted for Prime Minister Pushpa Kamal Dahal during a floor test in Parliament on January 10, had earlier decided to field their own candidate against the ruling alliance’s candidate for Speaker. Click here to read…

Rastriya Swatantra Party goes against its own policy as it picks plum Cabinet posts – KathmanduPost

The party has disregarded its own commitment to cutting the costs of legislatures and the executive, cutting off unnecessary positions, as they bargained for, and heartily accepted the deputy prime minister and state minister in the power sharing. The party’s change in tone and action, soon after emerging as the fourth largest force in the Parliament from its first foray into parliamentary politics, is now widely criticised by political commentators and experts. Click here to read…

Sri Lanka
Rice can’t cushion fall – Island

The prospect of having to face an election always fills an unpopular regime with horror and has a sobering effect on self-important politicians intoxicated with power. The SLPP-UNP government has awakened to the fact that many people are starving, and something needs to be done urgently to help them. It has decided to provide 10 kilos of rice each, free of charge, to two million families per month for a period of two months. Technically, the proposed handout amounts to an election bribe in all but name, for the Cabinet decision thereon came after the Election Commission (EC) had initiated the process of conducting the local government (LG) elections. But only those with a callous disregard for the suffering of the poor will be able to bring themselves to oppose the distribution of free rice irrespective of the government’s ulterior motive. Click here to read…

China opposes Dalai Lama’s planned visit to Sri Lanka – Devdiscourse

China on Tuesday opposed a suggested visit by Tibetan spiritual leader the Dalai Lama to Sri Lanka, saying the bankrupt island nation must safeguard the bilateral relationship. A top Chinese embassy official here met the powerful Buddhist prelates in the central town of Kandy to express opposition to the visit for which no dates have been fixed yet, a statement from the embassy said. Click here to read…

Sri Lanka hopes for ‘good news’ from Jaishankar’s two-day visit starting Thursday – Devdiscourse

External Affairs Minister S Jaishankar’s two-day visit here starting Thursday is anticipated with much hope given Sri Lanka’s crucial negotiations with the IMF to secure a USD 2.9 billion bridge loan for a bailout to come out of the economic crisis. His visit comes two days after President Ranil Wickremesinghe Tuesday announced in Parliament a breakthrough in talks with India to restructure Sri Lanka’s debt, saying the discussions have been successful. Click here to read…

Govt. goes ahead with Election Expenses Bill despite Opposition’s objections – Daily News

The government decided yesterday (18) to present the Bill to regulate election expenses, which discloses parties giving money for election campaigns, despite the Opposition’s objections. Although agreement was not expressed by the Opposition during a special meeting held at the Parliament premises with the participation of Speaker Mahinda Yapa Abeywardena, representatives of the ruling party and the Sri Lanka Muslim Congress Leader Rauff Hakeem, Leader of the Sri Lanka Freedom Party Maithripala Sirisena under the leadership of President Ranil Wickremesinghe, it was announced that the Act will be presented. Click here to read…

VIF Cyber Review: December 2022

NATIONAL

Minister for Electronics and IT launched ‘Stay Safe Online’ campaign & ‘G20 Digital Innovation Alliance’ as part of Bharat’s G20 Presidency.

On 28 December 2022, the Minister for Electronics and Information Technology, Communications and Railways— Ashwini Vaishnaw launched the ‘Stay Safe Online’ campaign and the ‘G20 Digital Innovation Alliance’ (G20-DIA). Ministry of Electronics and Information Technology (MeitY) is the nodal ministry for the G20 Digital Economy Working Group (DEWG) and has represented Bharat in numerous working groups and ministerial sessions during previous presidencies. In Bharat’s tenure of G20 Presidency, MeitY will focus on three areas— i) Digital Public Infrastructure (DPI), ii) Cyber Security, and iii) Digital Skill Development (DSD).

Addressing the event, the Minister said, “Bharat [India] believes in the philosophy of inclusion. Bharat’s population scale and open source ‘public digital platforms’ such as UPI and Aadhaar have delivered economic and social inclusion and spurred innovation. The two campaigns launched today have the humanitarian way of thinking.”

The objective of the ‘Stay Safe Online’ campaign is to raise awareness among Internet users about how to stay safe while surfing the web. This campaign will make citizens of all ages, particularly children, students, women, senior citizens, the disabled, teachers, faculty, Central/State Government officials, and others, aware of the cyber risk and how to deal with it. To reach a wider audience, the campaign will be carried out in Hindi, English, and local languages. [1]

MoS for Electronics and IT held public consultation with over 200 stakeholders on the DPDP Bill 2022

On 23 December 2022, the Minister of State for Electronics and Information Technology and Skill Development & Entrepreneurship— Rajeev Chandrasekhar met over 200 stakeholders to discuss and deliberate on the Digital Personal Data Protection (DPDP) Bill 2022. Public consultations were open until 02 January 2023. The attendees included representatives from industry, think-tanks, law firms, consumer and citizen rights group. “Bill will act as a kinetic enabler for personal data protection while catalysing data led innovation and start-up ecosystem. Post the bill, the intermediaries will have to go for deep behavioural changes, and it will no longer be business as usual for them,” said MoS Chandrasekhar.

The stakeholders made numerous suggestions regarding various clauses of the Bill, such as the penalty regime for data fiduciaries, obtaining parental consent for children, cross-border data flows, and consent managers and how the government intends to regulate them, among many others. The Minister also clarified the deemed consent clause for government data access. [2]

“Bharat (India) will chart its own course on the future of Internet”: MoS Chandrasekhar

Speaking at a session at the India Global Forum held in Dubai, UAE, on 14 December 2022, the Minister of State for Electronics and Information Technology and Skill Development & Entrepreneurship— Rajeev Chandrasekhar said over 820 million Internet users deserve to have their own way to decide what kind of internet they want. “European GDPR (General Data Protection Regulation) is considered a gold standard for privacy and data protection. But we [Bharat] would like to disagree. With more than 820 million internet users, we have the largest presence on global internet and deserve an opportunity to shape our own destiny. We will chart our own course and build a framework suitable for us,” said MoS Chandrasekhar.

On Digital Personal Data Protection (DPDP) Bill 2022, the Minister said that “protecting the digital rights of our citizens is an obligation of the Government. But we do not see this as a binary at the expense of slowing down the ecosystem for innovation that exists in India (Bharat) and in partnerships with other countries. The Government would not strongly regulate the Internet but is committed to the principles of open, safe, trusted and accountable internet.” [3]

CERT-In issued advisory on multiple vulnerabilities in Apple iOS and iPdOS

On 15 December 2022, the Indian Computer Emergency Response Team (CERT-In) issued an advisory on multiple vulnerabilities reported in Apple iOS and iPadOS which could allow remote attacker(s) to gain access to sensitive information, execute arbitrary code, spoof the UI, gain elevated privileges, bypass security restrictions or cause denial of service conditions on the targeted system. The vulnerabilities exists in the Accounts, Apple Mobile File Integrity, Core Services, GPU Services, among other components of Apple iOS and iPadOS.

Successful exploitation of these vulnerabilities could allow the attacker(s) gain access to sensitive information, execute arbitrary code, spoof the UI, and bypass security restrictions on the targeted system. [4]
As solutions, the advisory suggests users to apply appropriate software updates as mentioned in Apple’s security updates at: Click here to read…

Tata Group to invest USD 90 billion over 5 years into chip manufacturing in Bharat

In an interview with Nikkei Asia on 08 December 2022, the Tata Sons chairman— Natarajan Chandrasekaran informed the Tata Group plans to begin production of Semiconductors in Bharat in next few years, in order to make the country an essential part of global chip supply chains. Tata Group already have announced a semiconductor design and development partnership with Renesas Electronics, Japan, in June 2022.

According to the India Electronics and Semiconductor Association, the semiconductor market will more than double to USD 64 billion between 2021 and 2026. The ongoing ‘disengagement’ between the United States and China in chip-related technology is causing major chipmakers to seek more diverse supply-chain locations. The Government of India and Tata Group are both looking to capitalise on this shift in order to position Bharat as a new semiconductor hub. The chairman also announced a USD 90 billion investment over the next five years as part of that effort. Aside from semiconductors, the company is in the process of launching new businesses such as electric vehicle (EV) and EV battery production, renewable energy production, and the development of ‘super apps’ that allow users to purchase goods and services ranging from groceries to financial products. [5]

Since 2018, stolen data of 6,00,000 Indians sold on Bot markets, claimed study by Nord VPN

According to the study conducted by one of the world’s largest VPN service providers— NordVPN, since 2018, around five million people worldwide, including 6,00,000 Indians, had their data stolen and sold on the Bot market. Bot markets are used by hackers to sell stolen data from victims’ devices with bot malware. The stolen data included user logins, cookies, digital fingerprints, screenshots and other information, with the average price for the digital identity of a person at ₹490 Indian rupees (USD 6.03/USD 1=₹81.14).

As reported by The Times of India, a week after the ransomware attack on AIIMS in November 2022, the Indian Council of Medical Research (ICMR) faced around 6,000 hacking attempts within 24 hours. [6]
Bharat’s cybersecurity rules have tightened in 2022, with the Indian Computer Emergency Response Team (CERT-In) requiring tech companies to report data breaches within six hours of noticing such incidents and to maintain IT and communications logs for six months. [7]

INTERNATIONAL

Hackers claimed to stole data from multiple electric utilities in a ransomware attack in the US

An unidentified group of hackers claimed to stole data belonging to multiple electric utilities of US government contractor, in a ransomware attack held in October 2022. In a memo distributed to power company executives in December 2022 by the North American Grid Regulator’s Cyber-Threat Sharing Centre, it is stated that while private investigators searched the Dark Web for stolen data, US Federal officials kept an eye on the incident for any potential wider effects on the US power sector.

An engineering firm— Sargent & Lundy, with offices in Chicago, was the target of the ransomware attack. The company has designed over 900 power plants and thousands of kilometres of power lines, and holds sensitive project data. According to the memo shared by the Electricity Information Sharing and Analysis Centre, there is no indication that the “model files” and “transmission data” that Sargent & Lundy used for utility projects, which were stolen, are available on the Dark Web. [8]

LockBit ransomware gang claimed cyber-attack on Port of Lisbon Administration

On 25 December 2022, LockBit ransomware gang carried out a cyber-attack on Port of Lisbon Administration (APL) and claimed to steal financial reports, audits, budgets, cargo information, ship logs, customer PII (personal identifiable information), and more. According to the statement released by APL, “cyber-attack did not impact the port’s operations. All safety protocols and response measures provided for this type of occurrence were quickly activated, the situation being monitored by the National Cybersecurity Center and the Judicial Police.”

The ransomware gang demanded the ransom of USD 15,00,000 and also gave the possibility to delay the publication of the data by 24 hours by paying USD 1,000. The LockBit gang is currently at the third version of their encryptor that powers the notorious RaaS (Ransomware as a Service) project, and one of the most prolific gangs of 2022. [9]

International Police shut down 48 DDoS-for-hire services, arrested 07 alleged administrators

The Europol, on 15 December 2022, announced that the International Police shut down around 48 popular websites, mainly Distributed Denial-of-Service (DDoS), that allowed paying users to launch DDoS attacks, and arrested seven alleged administrators of these websites. According to the US Department of Justice (DOJ), the accused disguised their sites as services that could be used for network testing but actually sought money for conducting DDoS operations against educational institutions, government agencies, gaming platforms, and millions of individuals worldwide. DDoS function by flooding websites with spam traffic, rendering them inaccessible.

The Operation— “Power Off” operation was carried out by law enforcement authorities in the US, the UK, Germany, Poland, and the Netherlands. According to the DOJ, the takedown occurred less than two weeks before the Christmas holiday, which normally results in a large rise in DDoS attacks across the gaming sector. [10]

US extended ban on military and surveillance tech sales to China

On 15 December 2022, the US administration extended a ban on commercial exports of advanced US technology that it said “aids Beijing’s military and hypersonic programs and enables Human Rights violations. The decisions come a month after US President Biden and Chinese President Xi Jinping met in Bali to try to put a “floor” under the relationship’s downward spiral. The Chinese government has accused the US administration of abusing export regulations in order to wantonly hinder and handicap Chinese firms and keep its sci-fi hegemony.

The Entity List includes 36 Chinese firms that are effectively prohibited from getting US technology. All but one, a Chinese subsidiary based in Japan, are based in China. Significantly, 21 of the newly listed corporations are also subject to a new regulation— Foreign Direct Product Rule (FDPR), which prohibits foreign companies from selling to Chinese entities anything manufactured with American technology or equipment. [11]

US National Cyber Director visited Japan to bolster digital cooperation

In December 2022, the United States’ National Cyber Director— Chris Inglis visited Japan to advise government officials posted there on strengthening cyber security defences. The visit was an effort to improve cyber security cooperation with a key alley (Japan) in Asia amid a strained relationship between the US and China. According to Mark Montgomery, former executive director of the Cyberspace Solarium Commission (CSC) and current director of the Centre on Cyber and Technology Innovation (CTI) at the Foundation for Defense of Democracies (FDD), the Biden administration wants to encourage all friendly nations to speed up their investments in cybersecurity. “Boosting cybersecurity collaboration with Japan is crucial for the US amid increasing cyber threats from China, North Korea, and Russia,” said Atlantic Council Cyber Statecraft Initiative Program Assistant Jen Roberts. [12]

Endnotes :

[1] “Shri Ashwini Vaishnaw launches ‘Stay Safe Online’ Campaign and ‘G20 Digital Innovation Alliance’ as part of India’s G20 Presidency”, Press Information Bureau- Ministry of Electronics and IT, 28 December 2022, accessed on 02 January 2023, available from: https://pib.gov.in/PressReleasePage.aspx?PRID=1887114
[2][3][4][5][6][7][8][9][10][11][12]

Neighborhood News Digest – 13 January 2023

Afghanistan
Bombing Near Foreign Ministry Triggers Widespread Reactions: Tolo News

The bombing near the Ministry of Foreign Affairs in Kabul on Wednesday triggered widespread reactions at national and international levels. Kabul security department said the attack left five people dead and many others wounded. Daesh claimed responsibility for the attack, according to a website affiliated to the group. Former president Hamid Karzai in a tweet “strongly” condemned the attack and called it a terrorist act and said it is against human and Islamic values. Click here to read…

Pakistani, Afghan Foreign Ministers Make Telephone Conversation: The Khaama Press

Amir Khan Muttaqi the Acting Foreign Minister of Afghanistan had a telephone conversation with his Pakistani counterpart, Bilawal Bhutto Zardari earlier today. Bilawal Bhutto Zardari, Pakistan’s Foreign Minister in a special telephone conversation with Amir Khan Muttaqi the Acting Foreign Minister of Afghanistan discussed the brutal attack which took place near the entrance of the Ministry of Foreign Affairs on Wednesday, resulting in the death and injury of scores of Afghan people. Click here to read…

Bangladesh
First phase of Bishwa Ijtema begins Friday – Dhaka Tribune

The first phase of the Bishwa Ijtema, the second largest congregation of the Muslims, will begin on the bank of the Turag River at Tongi, on the outskirts of the city on Friday. The first phase of the Ijtema will begin with ‘Aam Bayan’ (general sermons) by noted scholars after Fazr prayers on the day that will end with Akheri Munajat (final prayers) on Sunday. The second phase of the Ijtema, however, will begin on January 20 at the same venue and it is scheduled to end with Akheri Munajat on January 22. Click here to read…

US assistant secretary Lu arrives on Saturday – New Age

The United States assistant secretary of state for South and Central Asian Affairs, Donald Lu, is scheduled to arrive in Dhaka on Saturday on a two-day visit to discuss a range of issues relating to energy, security cooperation, religious freedom, labour and human rights, among others. Click here to read…

When the American Nightmare kills a Bangladeshi Dream – The Daily Star

In a tragic turn of events, a young Bangladeshi student, Sayed Arif Faisal, was fatally shot to death by police in the city of Cambridge, Massachusetts, on January 4. This has spurred protests and enraged the Bangladeshi community living in the US state. The Bangladesh Association of New England (BANE), which described the death as a “racist incident by white police officers,” strongly denounced the “brutal killing” and demanded a fair probe of the incident and punishment of the police officer who opened fire. Click here to read…

A Looming Economic Crisis in Bangladesh

Today, Bangladesh faces the combined impact of declining global demand for its ready-made garments (RMG) exports, a collapse in remittances, rapidly falling foreign exchange reserves to stabilize the volatility of the Bangladeshi taka, concerns with the demand-supply gaps in the energy markets, and inflationary tendencies in the domestic economy. These difficulties caused Bangladesh to seek a precautionary International Monetary Fund (IMF) loan of $ 4.5 billion in July 2022. Click here to read…

Bhutan
BTP positions itself as a unique party – Kuensel Online

Voters will have more choices, with Bhutan Tendrel Party (BTP) being formally registered by the Election Commission of Bhutan (ECB) as the sixth political party in the country. The ECB officially registered BTP on January 9 to contest the 2023 parliamentary elections and handed over the approval and certificate yesterday. The party applied for registration on November 30, last year. Click here to read…

Nepal
China exerting pressure on a reluctant Nepal to join the Belt and Road Initiative: Report – OpIndia

Leaving the airport project aside China had also put its hands into Damak Industrial Park and Kerung-Kathmandu railway project and they are stranded as the work of these projects has not yet progressed and the work on Damak Industrial Park in Jhapa has not yet begun, according to the same Epardafas report. According to the agreement for the Jhapa project, the construction period of the park will take ten years and the Chinese will operate the park for 40 years, and then only it will be handed over to Nepal. It is claimed that this project will improve the economic condition of the country, and provide employment for one lakh people, according to the same report. Click here to read…

Nepali Congress preparing to contest President and Speaker elections – The Kathmandu Post

Congress leaders say that the party will sit on the opposition bench, despite extending support to the Dahal government, it is also eyeing the plum posts of President and Speaker. On Thursday, a meeting of the party’s present and former office bearers decided to hold talks with other parties about the Speaker and deputy Speaker elections. At an all-party meeting on Sunday, the political parties represented in the House had agreed to elect the Speaker and deputy Speaker on January 21 and 22, respectively. Click here to read…

UML chairman Oli meets Nepal’s PM Prachanda, discuss cabinet expansion – The Print

Nepal’s Prime Minister Pushpa Kamal Dahal “Prachanda” and CPN-UML chairman K P Sharma Oli met on Thursday and discussed issues relating to cabinet expansion as well as the latest political developments. Oli reached the PM’s official residence at Baluwatar to meet Prachanda. The two leaders, who have agreed to lead the government on a rotation basis, mainly discussed matters relating to expansion of cabinet and power-sharing, CPN-Maoist Centre secretary Ganesh Shah said. Click here to read…

Nepal requests more doses of Covid vaccines from Gavi – Online Khabar

The government has sought additional 1.5 million doses of the Covid vaccines to administer booster doses in view of increasing infection in neighbouring countries. The Ministry of Health and Population today wrote to the Global Alliance for Vaccine and Immunisation (Gavi) for additional dispatch of vaccines. Sagar Dahal, the chief of the Child Health and Immunisation Section, Child Welfare Division, the Department of Health Services, confirmed the writing of a letter to the vaccine alliance for additional doses of vaccines. Click here to read…

Maldives
BML has played a pivotal role in Maldives’ economy over the past 40 years: BML Chairperson – Raajje

The Bank of Maldives (BML) has played a pivotal role in the economy of the Maldives in the past 40 years, says the bank’s Chairperson, Yooshau Saeed. Yooshau made these remarks while speaking at an event the country’s national bank held on Thursday evening to celebrate its 40th anniversary at Crossroads. Shedding light on BML’s operations upon inception back in 1982 with just 10 employees dedicated to raising public awareness on general banking, traveling to the atolls to ensure accessible services, Yooshau noted that the bank has since developed to become the largest bank in the archipelago nation. Click here to read…

World Bank, Maldives Establish Country Partnership Framework – Mirage News

The World Bank Group’s Board of Executive Directors today discussed the new Country Partnership Framework (CPF) 2023-2027 for Maldives, which aims to support the country to achieve a green, resilient, and inclusive high-growth future. The new five-year strategy lays out key areas for work by the World Bank Group’s member organizations, including the World Bank, the International Finance Corporation (IFC) which focuses on the private sector in developing countries, and the Multilateral Investment Guarantee Agency (MIGA) which offers political risk insurance and credit enhancement guarantees. Click here to read…

Myanmar
Myanmar military targets rebel camp in strikes along Mizoram border; bombs hit Indian village – Times Now News

The bombardment of a significant insurgent camp by the Myanmar military on the border with Mizoram on Tuesday has caused dread and panic in Mizoram state’s Champhai district near to the camp. At least one shell landed on the Indian side, as per media reports. According to a Champhai district official, there were no casualties, although a truck on a river bank near to the border sustained damage. Click here to read…

Myanmar navy commissions five new vessels, continues modernization efforts on annual navy day celebration – Shephard Media

Myanmar’s navy continued the tradition of commissioning new platforms during its annual navy day celebrations, which last year occurred on 24 December, the force’s 75th anniversary. Unlike similar events in 2020 and 2021 that saw the commissioning of submarines amongst other platforms, the 2022 event was a relatively low-key affair that saw the Myanmar Navy add five vessels. Click here to read…

Thai-Myanmar Friendship Bridge reopens three years after closure during Covid-19 – Asia News Network

Senior officials from both sides of the border took part in a ceremony held on the bridge to mark the reopening. Tak Governor Somchai Kitcharoenrungroj joined his Myanmar counterpart U Zaw Tin at the long-awaited reopening of the bridge. Among those attending the ceremony were customs officials, immigration officers, police and military officers, local administrators, public health officials, and local business leaders. Local officials from Thailand and Myanmar had convened many meetings in preparation for the bridge’s reopening. Click here to read…

Pakistan
UAE’s $3b lifeline averts imminent default: The Express Tribune

The UAE on Thursday agreed to provide a $3 billion lifeline to Pakistan in the shape of a rollover of the existing debt and new financing – helping Islamabad avoid defaulting on its loans for a couple of more months.Click here to read…

Political chessboard: PTI’s Imran emerged victorious: The Express Tribune

Despite strong pressure and other tactics, the PML-N led federal government along with the ‘powerful circles’ were unable to refrain Elahi from taking a vote of confidence in the Punjab Assembly. A senior PML-N leader told The Express Tribune that all efforts by his party to convince the PTI lawmakers to switch their loyalties had been in vain. He also conceded that the Punjab CM taking a vote of confidence was a major surprise for his party. Click here to read…

Elahi signs summary for PA dissolution: PTI sets sights on Punjab interim set-up: The News

Punjab Chief Minister Chaudhry Pervaiz Elahi Thursday sent an advice to the governor for the dissolution of the provincial assembly. According to the Constitution, after advice is sent by the chief minister, the assembly would stand dissolved within 48 hours even if the governor did not sign the summary. Click here to read…

Sri Lanka
Former President, Ex-Defence Secretary, Ex-IGP and Ex-Intelligence Chiefs found guilty – Daily News

The Supreme Court yesterday ruled that Former President Maithripala Sirisena, former Inspector General of Police Pujith Jayasundara, former Chief of State Intelligence Service Nilantha Jayawardena, former Defence Secretary Hemasiri Fernando, former National Intelligence Chief Sisira Mendis have violated the fundamental rights of the petitioners by failing to act to prevent the Easter Sunday attacks despite receiving intelligence information and ordered to pay a compensation of Rs.310 million personally. Click here to read…

China – Sri Lanka’s true friend – Prime Minister – Daily News

Whenever Sri Lanka needed help, China was with us as a true friend, Prime Minister Dinesh Gunawardena said yesterday (12) while participating at the opening of the China Sri Lanka Friendship Information Technology Centre in Boralugoda, Kosgama with the assistance of the Chinese Government. Click here to read…

Sri Lanka given six more months to repay Bangladesh’s $200 million loan

Bangladesh Bank today granted Sri Lanka six more months to repay the $200 million loan after the Island nation requested to extend the repayment period due to its prolonged economic crisis. A senior official of the central bank, on condition of anonymity, said the board of directors of Bangladesh Bank has extended the repayment tenure. The Island nation, which has been facing an acute greenback shortage for months, borrowed $200 million from Bangladesh in May 2021. The country was scheduled to repay the loans by April last year, but it failed to do so. Click here to read…

Sri Lanka keen to import ethanol from India

Indian Union Minister Nitin Gadkari on Thursday said that Sri Lanka and Bangladesh have shown their keenness to import ethanol from India. “I was able to discuss this matter with PM of Bangladesh and even the Sri Lankan minister. Both are keenly interested about import of ethanol from India for adding ethanol into petrol in Bangladesh and Sri Lanka,” Gadkari said while addressing the CII Conference on Bio-Energy. The minister also said that in 15 days he has a meeting with Petroleum Minister Hardeep Singh Puri, where a discussion would be made on making a policy for starting of ethanol pumps in the country. Click here to read…