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Sharif promises to act against LeT, Kashmir figures in Pak-US joint statement

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Washington: Pakistan managed to get a call for an India-Pakistan dialogue to resolve all issues including Kashmir that was included in a joint statement in return for an assurance that Islamabad would take effective action against Pakistan-based Lashkar-e-Taiba (LeT) and its affiliates.

The assurance of Islamabad’s resolve to take action against the Pakistani terror outfit responsible for November 2008 Mumbai terror attack was contained in a joint statement issued by the Pakistan foreign office after Sharif met US President Barack Obama on Thursday in the Oval office in White House.

The two leaders, according to the Pakistani statement, expressed concern over violence along the Line of Control in Kashmir, and noted their support for confidence-building measures and effective mechanisms that are acceptable to both parties.

“The leaders emphasised the importance of a sustained and resilient dialogue process between the two neighbours aimed at resolving all outstanding territorial and other disputes, including Kashmir, through peaceful means and working together to address mutual concerns of India and Pakistan regarding terrorism,” it said.

“In this context, the Prime Minister apprised the President about Pakistan’s resolve to take effective action against United Nations-designated terrorist individuals and entities, including Lashkar-e-Taiba (LeT) and its affiliates, as per its international commitments and obligations under UN Security Council resolutions and the Financial Action Task Force,” the statement added

Obama and Sharif, it said “stressed that improvement in Pakistan-India bilateral relations would greatly enhance prospects for lasting peace, stability, and prosperity in the region.”

The leaders reaffirmed their commitment to advancing economic connectivity between Pakistan and its neighbours to promote regional prosperity, it said.

They acknowledged that strengthening Pakistan’s trade and transit ties with its neighbours is needed to promote prosperity in Pakistan and the region.

Sharif also “reaffirmed that Pakistan’s territory will not be used against any other country and noted that this is an obligation of all countries in the region.”

Both leaders affirmed that regional peace and stability required the prevention of attacks across the Pakistan-Afghanistan border.

Sharif, it said, outlined the actions that Pakistan is taking under the National Action Plan to ensure that the Taliban – including the Haqqani Network – are unable to operate from the soil of Pakistan.

Earlier, welcoming Sharif to the White House, Obama said he looked forward to using the meeting as an opportunity to further deepen the longstanding relationship between the US and Pakistan.

“Obviously, the United States and Pakistan have a longstanding relationship,” he said. “We work and cooperate on a whole host of issues — not just on security matters, but also on economic and scientific and educational affairs.”

“And we’re looking forward to using this meeting as an opportunity to further deepen the relationship between the United States and Pakistan,” Obama said.

(IANS)

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Big reforms made India fastest growing major economies globally: Garg

It also has enormous implications for emerging markets and developing countries

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The RBI building in Mumbai. Photo credit: AFP/Sajjad Hussain

The major reforms undertaken by the Indian government for raising economic growth and maintaining macroeconomic stability have made the country one of the fastest growing major economies in the world, said Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA).

Garg was addressing the Special Event hosted by US-India Strategic Partnership Forum on ‘Indian Economy: Prospect and Challenges’ in Washington D.C on Friday.

Indian economy needs big reform.

He said the launch of the Goods and Services Tax (GST) represented an “historic economic and political achievement, unprecedented in Indian tax and economic reforms, which has rekindled optimism on structural reforms.” He further emphasized that India carried-out such major reforms when the global economy was slow.

“With the cyclical recovery in global growth amid supportive monetary conditions and the transient impact of the major structural reforms over, India will continue to perform robustly,” Garg said.

During his meetings, Garg highlighted that the digital age technologies have profound implications for policies concerning every aspects of the economy. It also has enormous implications for emerging markets and developing countries.

Also Read: Biggest Bank Frauds Which Shook The Indian Economy

He expressed that the response to such a transformation will have to shift from ‘catch up’ growth to adoption/adaption of digital technologies for development and growth.

Garg also informed that India has started adopting policies and programmes for transforming systems of delivery of services using digital technologies and connecting every Indian with digital technologies and access through Aadhaar and other such means.

Indian economy should be on rise. www.mapsofindia.com

While citing the example of expanding mobile data access, he mentioned that India is now the largest consumer of mobile data in the world with 11 gigabytes mobile data consumption per month. He informed that India is investing in digital technologies, encouraging private sector to adapt these technologies and also addressing the taxation related issues by introducing equalisation levy.

Garg is currently on an official tour to Washington D.C. to attend the Spring Meetings of the International Monetary Fund and the World Bank and other associated meetings. He is accompanied by Urjit Patel, Governor, Reserve Bank of India and other senior officials. IANS