Tuesday, April 2, 2013

ISAF



ISAF (The International Security Assistance Force) is a NATO-led security mission in Afghanistan. It  was established by the United Nations Security Council in December 2001 by Resolution 1386, as envisaged by the Bonn Agreement.

Its main purpose is to train the Afghan National Security Forces(ANSF) and assist Afghanistan in rebuilding key government institutions. ISAF also engaged in the 2001-present war with insurgent groups. Other than US, UK, NATO member approximately 40 other countries including Australia contributed troops.

Park Geun-hye


Park Geun-hye


She is the first woman President of South Korea. Born in 1952, she is head of state , chief executive and commander-in-chief of armed forces. She started her presidential term on 25 Feb 2013.She has taken a hardline posture on North Korea's provocative declaration of state of war.

Her defence minister has talked of 'preemptive strikes' and 'neutralising North Koreas nuclear and missile threats' quickly.

www.colonelthakur-currentaffairs.blogspot.in

Monday, April 1, 2013



Chinese President Xi Jinping (L) meets with Indian Prime Minister Manmohan Singh in Durban, South Africa, March 27, 2013. (Xinhua/Huang Jingwen)

Xi Jinping has asked  for India and China to boost military contact and deepen trust.
Mr. Xi,said  that both countries needed to broaden exchanges between their armed forces.
He also called for both countries to arrive at a mutually acceptable solution to the border dispute “as soon as possible”

Mr. Xi’s particular emphasis on expanding mutual “military and security trust” underscore concerns in both countries on recently strained defence ties, which were suspended for a year in 2010, after China refused to host the then head of the Army’s Northern Command citing its sensitivities in Kashmir.

More recently, the Chinese side has appeared more eager to boost ties, Indian officials say, indicating its willingness by hosting Indian Army officers from Jammu and Kashmir in recent delegations and also taking a delegation to facilities in Tibet for the first time in many years.
China’s change in posture, analysts note, has coincided with increasing tensions faced by Beijing in the South China Sea and with Japan over East China Sea islands.

On the border issue, he said “China and India should improve and make good use of the mechanism of special representatives to strive for a fair, rational solution framework acceptable to both sides as soon as possible”
He also called on both sides to “continue to safeguard peace in their border areas and prevent the issue from affecting bilateral relations.”

Mr. Xi described both countries as having “a similar historic mission to boost their social and economic development,” and said they were in “an important period of strategic opportunities.”
“China, which regards its ties with India as one of the most important bilateral relationship, commits itself to pushing forward the two countries' strategic cooperative partnership,” he said, adding that both sides needed “to maintain high-level reciprocal visits and contacts, make full use of political dialogues and consultations at various levels to strengthen strategic and political communication.”

 Mr. Singh as saying he hoped India and China “would respect each other’s core interests and major concerns, deepen mutual strategic trust, strengthen coordination and cooperation on international affairs, and safeguard peace and stability in the region and the world at large.”
He also appeared to reassure China about its recent concerns over India’s possible role in the United States’ “pivot” or rebalancing to Asia and strengthening of military alliances in the region, seen by many in China as a move to contain its rise.
Mr. Singh said India “adheres to an independent foreign policy” and “will not be used as a tool to contain China.”

He also sought to assuage Chinese concerns on Tibet. He said India “recognises the Tibet Autonomous Region is a part of the Chinese territory and that India will not allow Tibetans to conduct political activities against China in India” 

Source -news.Xinhuanet.com  

India China Trade relations

India China Trade relations


India & China signed a Trade Agreement in 1984 which provided for Most favoured Nation status and later in 1994, the two countries signed an agreement to avoid double taxation. The bilateral trade  crossed US$13.6 billion in 2004 from US$ 4.8 billion in 2002, reaching $18.7 billion in 2005. The India China trade relations have been further developed from 2006, with the initiation of the border trade between Tibet, an autonomous region of China, and India through Nathu La Pass, reopened after more than 40 years. 

As of now , China is the largest trading partner of India, but there is huge deficit in terms of our exports to China as we are importing more.

India china Trade Relations

India china Trade Relations




Imports from China
  • Organic and inorganic chemicals
  • Electronic goods
  • Medicinal & pharmaceutical products
  • Textile yarn. Fabrics and made-up articles, raw silk and silk yarn
  • Mineral ores, iron and steel
  • Precious & semi-precious stones
Exports To China
  • Iron ore
  • Marine products
  • Electrical machinery & equipment
  • Silk fabrics and made-up articles
  • Mineral fuels, mineral oils
  • Optical & medical instruments
  • Edible vegetables, roots, tubers

source-http://www.outlookindia.com

China Council for the Promotion of International Trade (CCPIT)

 China Council for the Promotion of International Trade (CCPIT) is a trade body of Chinese Government. It was founded in 1952.It is also called China Chamber of International Commerce(CCOIC). It promotes China's international economic and commercial interests by developing business cooperation and exchanges with foreign countries. Their mission is to provide  a professional and social environment for business people and providing relevant business networking . CCPIT has 16 commercial promotion offices outside China and across the globe.

India-China Joint Business Council

CCPIT {China Council for the Promotion of International Trade )and FICCI set up the India-China Joint Business Council in 1985 - an institutional arrangement to enhance bilateral economic & commercial relations. Annual meetings were held, to strengthen bilateral commercial relations. Till now twelve meetings of the JBC have been held so far.

The India China trade relations  are regulated by the India China JBC, which ensures a free exchange of products and services between the two nations.