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India-Korea Joint Commission Meeting: Jaishankar calls for new areas of cooperation

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New Delhi, March 6 (IANS) External Affairs Minister S. Jaishankar on Wednesday called for expanding cooperation in areas of critical and emerging technology to a safe and secure Indo-Pacific in his opening remarks at the 10th India-Korea Joint Commission Meeting in Seoul.

Speaking of the “enormous goodwill” between the two nations, the minister, who was joined by representatives from the Ministry of External Affairs, Defence and NITI Aayog, said that bilateral ties have grown from strength to strength.

“Let me say today that I approach this joint commission with a great deal of optimism and expectation. I know that there is enormous goodwill between us. Our challenge is to translate that into practical outcomes,” S. Jaishankar, who co-chaired the meeting with his Korean counterpart, Cho Tae-yul, said.

As the two nations celebrated the 50th anniversary of the establishment of the diplomatic ties last year, S. Jaishankar spoke of the crucial role played by Prime Minister Narendra Modi in elevating the relations between the two countries to a “special strategic partnership” during his visit to Seoul in 2015.

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“It is important that we live up to that. We have grown from strength to strength. In the years that have passed, we have become truly important partners for each other,” he said, highlighting bilateral exchanges and cooperation in trade, investments, defence, etc.

The minister emphasised that while keeping up the momentum in the traditional areas of cooperation, India would be “very much interested” now in expanding into new areas”.

These included critical and emerging technologies, semiconductors, green hydrogen, human resource mobility, nuclear cooperation, supply chain resilience, etc.

Noting the growing convergence of the views of India and Korea in the international fora, S. Jaishankar underlined the importance of the Indo-Pacific saying that both India and Korea have “stakes in the stability, security, and prosperity” of the region.

Arriving in Seoul on Tuesday on his first visit, the minister said in an address at the Korea National Diplomatic Academy that India and South Korea can “actively contribute” to the reshaping of the global order.

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He added that the partnership between the two nations is acquiring a greater salience in a more uncertain and volatile world.

–IANS

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PM Modi congratulates Keir Starmer, discusses India-UK FTA

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New Delhi, July 6 (IANS) Prime Minister Narendra Modi on Saturday extended an invitation to newly-elected British Prime Minister Keir Starmer for an early visit to India as both leaders agreed to work towards the early conclusion of a mutually beneficial India-UK Free Trade Agreement (FTA).

The two leaders spoke over phone as PM Modi congratulated Starmer on his and Labour Party’s “remarkable victory” in the general elections.

“Pleased to speak with Keir Starmer. Congratulated him on being elected as the Prime Minister of the UK. We remain committed to deepening Comprehensive Strategic Partnership and robust India-UK economic ties for the progress and prosperity of our peoples and global good,” PM Modi posted on X after the call.

Both leaders recalled the historic relations between the two countries and reaffirmed their commitment to further deepen and advance the Comprehensive Strategic Partnership between India and the UK.

“Appreciating the positive contributions of the Indian community in the social, economic, and political development of the UK. The two sides agreed to continue to promote close people-to-people ties. Both leaders agreed to remain in touch,” the Prime Minister’s Office (PMO) said in a statement.

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–IANS

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Labour govt will reconnect Britain, promises new UK Foreign Secretary

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London, July 6 (IANS) Asserting that “diplomacy matters”, Britain’s new Foreign Secretary David Lammy said on Saturday that the new Labour government will begin with a “reset” with Europe on climate and with the global South.

Outlining his priorities following his appointment, Lammy highlighted that the world is currently facing “huge challenges” with more countries engaged in conflict than at any time since World War II.

“This government will reconnect Britain for our security and prosperity at home. What happens here in the Foreign, Commonwealth, and Development Office is essential.

“Diplomacy matters. We will begin with a reset with Europe, on climate, and with the global South.  And a gear-shift when it comes to delivering on European security, global security, and British growth,” Lammy said in a statement released by the UK Foreign Ministry on Saturday.

The 51-year-old Labour Party politician promised that the new government is determined to deliver for working people and committed to building a better future for everyone.

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“It is the honour of my life to stand before you as Foreign Secretary. A descendant of enslaved people. A black, working-class, man from Tottenham. A community which never produced a Foreign Secretary before. This speaks to what a modern, multicultural Britain can be. Proudly internationalist,” he said.

Lammy also mentioned that Britain has “enormous potential” and that the change has begun now – a slogan with which the Keir Starmer-led party fought the general elections.

–IANS

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Pak's macroeconomic environment was challenging in 2023: Central bank

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Islamabad, July 6 (IANS) Pakistan’s macroeconomic environment in the calendar year 2023 remained challenging amid rising inflation, weak foreign exchange inflows, pressures on external account and local currency, and low business confidence, particularly in the first half, the State Bank of Pakistan (SBP) said.

However, the policy measures and regulatory interventions that were taken to address growing imbalances coupled with securing a nine-month stand-by agreement from the International Monetary Fund (IMF) helped improve the macroeconomic conditions in the second half of 2023, the SBP said in its financial stability review for 2023, Xinhua news agency reported.

Inflation started falling, economic growth recovered, and the exchange rate stabilised towards the year-end, the central bank said in the report.

Against this backdrop, the financial sector exhibited strong growth and performance, and maintained financial soundness and operational resilience, it added.

The asset base of the financial sector expanded by 27 per cent in 2023, mainly driven by the banking sector, according to the report.

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–IANS

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Flood alert for Pakistan provinces as monsoon season begins

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Islamabad, July 6 (IANS) Pakistan’s National Disaster Management Authority (NDMA) has issued a warning about the potential for flash floods and urban flooding due to the ongoing torrential rain, marking the beginning of the monsoon season in various parts of the country.

The National Emergency Operation Centre of the NDMA anticipates that the ongoing rain may cause flash floods in local streams of Islamabad, parts of east Punjab, and northwest Khyber Pakhtunkhwa provinces, the authority said in a statement, Xinhua news agency reported.

The torrential rain may also cause urban flooding in several districts of the two provinces, including their densely populated capital cities, the statement added.

The NDMA also advised provincial disaster management authorities and local administrations to closely monitor the situation and take appropriate measures to safeguard the at-risk population, the statement read.

The NDMA also urged citizens to download its mobile application for disaster alerts, which provides notifications, guidelines, and precautionary measures to address urban flooding in their areas so they can stay alert and informed.

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–IANS

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Record 26 Indian-origin MPs set to enter UK Parliament

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New Delhi, July 6 (IANS) A record number of 26 Indian-origin MPs are set to enter the UK Parliament after Friday’s General Election results, marking a significant increase from 15, five years ago.

Conservative Party leader Rishi Sunak, the first Indian-origin person to have served as the UK Prime Minister, leads the pack after having secured victory from Richmond and Northallerton constituency in Yorkshire.

Apart from Sunak, 25 other Indian-origin MPs — including 20 from the Labour Party and five Conservatives — also emerged victorious on Friday.

Priti Patel, Conservative MP of Gujarati descent, won from Witham, Essex. Patel, who has served in various capacities, including Secretary of State for International Development, has been representing the constituency since 2010.

Gagan Mohindra, a prominent politician from a Punjabi Hindu background, secured his seat in South West Hertfordshire. Mohindra has been a Conservative MP since 2019, following his initial election as a Parish Councillor in 2004.

Labour Party leader Seema Malhotra retained her Feltham and Heston constituency for a fourth term since 2011. Malhotra has held several shadow ministerial roles, including Shadow Minister for Skills and Further Education.

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Valerie Vaz, Labour leader of Goan origin, won the Walsall and Bloxwich constituency for the fifth time. Vaz, who has been an MP since 2010, has served as the Shadow Leader of the House of Commons.

Lisa Nandy retained her seat in Wigan, making her the constituency’s first female MP and one of the first Asian female MPs since 2010. She has served as the Shadow Cabinet Minister for International Development.

Nadia Whittome, who made history in 2019 as the UK’s youngest MP at the age of 23, was re-elected from Nottingham East.

Preet Kaur Gill, the UK’s first female Sikh MP, defeated Conservative Ashvir Sangha in Birmingham, a seat she has held since 2017. Gill has served as the Shadow Minister for Primary Care and Public Health.

Labour Party’s Tanmanjeet Singh Dhesi retained his Slough constituency, although with a reduced victory margin.

Conservative leader Shivani Raja won the Leicester East constituency, where she was fielded against another Indian-origin Labour candidate, Rajesh Agrawal.

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44-year-old Conservative MP Suella Braverman, who was embroiled in controversies and dismissed by the party for her statements, won from the Fareham and Waterlooville constituency for the fourth consecutive time.

Additionally, other Indian-origin Labour MPs to be elected to the UK’s House of Parliament include Navendu Mishra, Jas Athwal, Baggy Shanker, Satvir Kaur, Harpreet Uppal, Warinder Juss, Gurinder Josan, Kanishka Narayan, Sonia Kumar, Sureena Brackenbridge, Kirith Entwistle, Jeevun Sandher, Sojan Joseph and Murina Wilson.

–IANS

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