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SCO would be a platform to resolve international issues, hopes Vladimir Putin

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modi at sco

Ufa (Russia): Moscow hopes the Shanghai Cooperation Organization (SCO) would become a platform to resolve international issues, Russian President Vladimir Putin said here.

“We hope that the SCO platform will become where we are able to gather together and look for compromises and solutions for disputed issues,” Putin said during a press conference after the concluded BRICS and SCO summits on Friday, Xinhua reported.

He mentioned that the “full-fledged inclusion of India and Pakistan” could help solve the dispute between the two countries.

A resolution was passed on Friday to start the procedures of granting India and Pakistan full SCO membership at the 15th bloc summit held in the south-western Russian city of Ufa.

Presently, both India and Pakistan are observers. Pakistan applied for a full membership in 2006 and India in 2014.

The expansion of the SCO “opens a new level in the bloc’s development”, Putin said, speaking highly of the strong momentum of the SCO in economic and financial cooperation.

Founded in 2001, the SCO now has China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan as its full members, with Afghanistan, Belarus, India, Iran, Mongolia and Pakistan as observers, and Armenia, Azerbaijan, Cambodia, Nepal, Sri Lanka and Turkey as dialogue partners.

As Russia holds the rotating chairs of both the SCO and the BRICS, the summits of the two blocs were held together between July 8-10.

“We should start drafting an SCO convention on fighting extremism,” Putin stressed, as he pointed out that the activities of the Islamic State spreading into Afghanistan have added to the security threats of the SCO countries.

(IANS)

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Exposed! Paradise Papers reveal Tax-haven Secrets of the Super-rich! Even Queen Elizabeth II hasn’t been spared!

The publication of this investigation for which more than 380 journalists have spent a year combing through data that stretches back 70 years comes at a time of growing global income inequality.

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Paradise Papers expose tax haven secrets of ultra-wealthy, including Queen Elizabeth. The details come from a leak of 13.4 million files that expose the global environments in which tax abuses can thrive - and the complex and seemingly artificial ways the wealthiest corporations can legally protect their wealth. VOA

London, November 6, 2017 : A huge new leak of financial documents has revealed how the powerful and ultra-wealthy including Britain’s Queen Elizabeth II’s private estate secretly invest vast amounts of cash in different offshore tax havens, media reports said on Monday.

The details come from a leak of 13.4 million files in the Paradise Papers on Sunday that expose the global environments in which tax abuses can thrive – and the complex and seemingly artificial ways the wealthiest corporations can legally protect their wealth.

The material which has come from two offshore service providers and the company registries of 19 tax havens was obtained by the German newspaper Süddeutsche Zeitung and shared by the International Consortium of Investigative Journalists (ICIJ) with 100 other media organisations including the Guardian, the BBC and The New York Times.

Some of the revelations in the Paradise Papers include millions of pounds from Queen Elizabeth II’s private estate that has been invested in a Cayman Islands fund and some of her money that went to a retailer accused of exploiting poor families and vulnerable people.

Paradise Papers detail extensive offshore dealings by US President Donald Trump’s cabinet members advisers and donors including substantial payments from a firm co-owned by Russian President Vladimir Putin’s son-in-law to the shipping group of the US Commerce Secretary Wilbur Ross.

The leak shows how social media giants Twitter and Facebook received millions in investments that can be traced back to Russian state financial institutions along with aggressive tax avoidance by multinational corporations including Nike and Apple.

It also includes information about a tax-avoiding Cayman Islands trust managed by the Canadian Prime Minister Justin Trudeau’s chief wealth manager.

The leak also includes how some of the biggest names in the film and TV industries protect their wealth with an array of offshore schemes and the complex offshore webs used by two Russian billionaires to buy stakes in Arsenal and Everton football clubs.

The disclosures will put pressure on world leaders including Trump and British Prime Minister Theresa May who have both pledged to curb aggressive tax avoidance schemes.

The publication of this investigation for which more than 380 journalists have spent a year combing through data that stretches back 70 years comes at a time of growing global income inequality.

Offshore finance is about a place outside of one’s own nation’s regulations to which companies or individuals can reroute money assets or profits to take advantage of lower taxes reports the BBC.

These jurisdictions are known as tax havens to the layman or the more stately offshore financial centres (OFCs) to the industry. They are generally stable secretive and reliable often small islands but not exclusively so and can vary on how rigorously they carry out checks on wrongdoing. (IANS)

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India condemns support systems for terrorists in South Asia, expresses concern over North Korea’s nuclear program

Sushma Swaraj’s statement assumes significance as it comes after the unprecedented BRICS Summit joint statement earlier this month in which Brazil, Russia, India, China, and South Africa unequivocally named Pakistan and the terror groups based there

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Sushma Swaraj talks about support systems of terrorists in South Asia
External affairs minister of India, Sushma Swaraj. Wikimedia
  • India on Thursday condemned support systems for terrorists in South Asia while expressing concern over South Asia’s nuclear program
  • Sushma Swaraj’s statement is significant since it comes after the BRICS Summit where many countries unequivocally named Pakistan and the terrorist groups based there
  • Sushma Swaraj also sought cooperation for early conclusion of negotiations and adoption of the India-initiated Comprehensive Convention against International Terrorism

New York, Sep 22, 2017:  In an obvious reference to Pakistan, India on Thursday condemned support systems for terrorists in South Asia while expressing concern over North Korea’s nuclear and weapons and ballistic missile programmes.

“The horror of terrorism continues to haunt global peace and security. Terror groups draw sustenance from support systems in South Asia,” Sushma Swaraj said while speaking at the BRICS Ministerial Meeting on the margins of the UN General Assembly Session here.

“They continue to find support and shelter in countries which use terrorism as an instrument of state policy.

“We must condemn efforts, including by states, to use religion to justify, sustain and sponsor terrorism against other countries,” she added.

Sushma Swaraj’s statement assumes significance as it comes after the unprecedented BRICS Summit joint statement earlier this month in which Brazil, Russia, India, China, and South Africa unequivocally named Pakistan and the terror groups based there.

“There is need for collective efforts to disrupt terrorist networks, their financing and movement,” she said, calling for terrorist funding, their weapons supply, training and political support to “be systematically cut off”.

Sushma Swaraj also sought cooperation for early conclusion of negotiations and adoption of the India-initiated Comprehensive Convention against International Terrorism (CCIT) in the UN Security Council.

On North Korea’s recent offensive military posturing, she said: “The action and rhetoric of North Korea has been a source of growing global concern.”

Also read: Baloch Activist Bugti hails Sushma Swaraj for her speech against Pakistan Atrocities at UN General Assembly

She also touched on climate change and referred to Indian Prime Minister Narendra’s Modi’s suggestion of an alliance between the India-initiated International Solar Alliance and the New Development Bank, a multilateral development bank established by the BRICS nations.

“I hope we can work together to give this ambitious agenda practical shape in coming months,” she said.

The International Solar Alliance, launched at the UN Conference of Parties (CoP) climate summit in Paris on November 30, 2015, by Prime Minister Modi and then French President Francois Hollande, is conceived as a coalition of solar resource-rich countries to address their special energy needs and provide a platform to collaborate on dealing with the identified gaps through a common, agreed approach.

It is open to all 121 prospective member countries falling between the Tropics of Cancer and Capricorn. (IANS)

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No Safe Haven for Terrorists in the Country, Asserts Pakistan ; Becomes Vary of Coercive Action by the US

Rejecting claims of terrorist sanctuaries in Pakistan, Pakistani Defense minister has asserted that his country is not feeling threatened by the U.S. following Trump's harshly worded speech.

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terrorists in Pakistan
Pakistan police officers fire tear gas shell to disperse Shiite Muslims during an anti-U.S rally, when they tried to march toward the U.S. consulate, in Karachi, Pakistan, Sunday, Aug. 27, 2017. (AP Photo/Fareed Khan) (VOA)
  • U.S. President Donald Trump in his speech called out Pakistan for harboring terrorist organizations, including the Taliban and Haqqani network
  • US considering strict measures like increasing diplomatic and economic pressure, and intensifying anti-terrorism drone strikes to keep terrorist sanctuaries under check in Pakistan
  • Pakistani ministers have rejected claims of hosting any terrorist sanctuaries 

Islamabad, September 6, 2017 : Pakistan says it seeks to amicably resolve issues with the United States, cautioning “any [coercive] American action” would cause instability in the country.

The remarks by Defense Minister Khurram Dastgir Khan came days after U.S. President Donald Trump singled out Pakistan for harboring terrorist organizations, including the Taliban and Haqqani network, which destabilize Afghanistan and plot attacks on American troops there.

Trump did not outline what actions he might order to pressure Islamabad to move against the alleged terrorist sanctuaries. A range of punitive measures reportedly is being considered, though, such as increasing diplomatic and economic pressure, and intensifying and expanding anti-terrorism drone strikes inside Pakistan.

terrorists in Pakistan
Pakistani protesters burn posters of U. S. President Donald Trump in Peshawar, Pakistan, Wednesday, Aug. 30, 2017. Protesters have rejected Trump’s allegation that Islamabad is harboring militants who battle U.S. forces in Afghanistan. (AP Photo/Muhammad Sajjad) (VOA)

Speaking to reporters Tuesday in Islamabad, Defense Minister Khan again rejected that there are any terrorist sanctuaries in Pakistan. He said Pakistani security forces already have taken action against all terrorist groups and are in the process of eliminating their “remnants” in the country.

Minister Khan also cited U.S. military assessments that say less then 60 percent of Afghan territory is under the control or influence of the Kabul government.

“That is why we are all gravely concerned about the fact that 40 percent of Afghanistan has perhaps become a safe haven [for terrorists],” he said.

US relationship

The Pakistani minister added that his country is not feeling threatened by the U.S. following the harshly worded Trump speech.

“However, we are maintaining an extremely strict monitoring of our land, sea and air frontiers,” noted Khan.

He sounded upbeat, though, about “better and quality future engagements” between Islamabad and Washington.

Khan said the Pakistani foreign minister, Khawaja Muham­mad Asif, plans to travel to Washington for official talks after consulting key regional partners, including China, Russia, Iran and Turkey.

“We are trying to resolve the issues amicably because any American action would cause instability in Pakistan,” the defense minister warned.

BRICS on terrorism

On Monday, China, and the four other countries that comprise the BRICS group of major emerging economies — India, Russia, Brazil and South Africa — agreed to boost cooperation against terrorist organizations threatening the region.

A statement issued after a BRICS’ leaders’ summit hosted by China contained the names of Pakistan-based, Lashkar-e-Taiba and Jaish-e-Mohammad militant groups blamed for orchestrating attacks against India. Pakistani authorities already have outlawed the organizations.

terrorist in Pakistan
In this April 3, 2012, Hafiz Mohammed Saeed, chief of Jamaat-ud-Dawwa and founder of Lashkar-e-Taiba, talks with the Associated Press in Islamabad, Pakistan. (VOA)

Responding to the BRICS’ announcement, Pakistan’s Foreign Ministry said it also is concerned about the threat posed by terrorism and extremism in South Asia.

In a brief statement, the ministry pointed to the presence of terrorist groups in “the ungoverned spaces of Afghanistan,” including the Pakistani Taliban and its associates like Jamaatul Ahrar, Islamic State and anti-China militants.

“Pakistan also remains concerned at the rise of extremist ideologies and intolerance in the region encouraging social stratification and systematic targeting of minorities,” the statement reads.

Islamabad alleges that India is partnering with the Afghan intelligence agency to support anti-state militants sheltering in Afghanistan to plan attacks against Pakistan, charges Kabul and New Delhi reject. (VOA)