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U.S. And China Hold Fresh Trade Talks

Trump and Chinese President Xi Jinping agreed to halt any further tariff increases for 90 days beginning January 1.

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USA, China
Deputy U.S. trade representative Jeffrey D. Gerrish, center, and members of his delegation leave the Westin hotel in Beijing, China, Jan. 7, 2019, for talks with their Chinese counterparts. VOA

U.S. and Chinese negotiators are holding trade talks Monday in Beijing as the world’s two largest economies seek a resolution to an ongoing tariff fight.

The meetings are due to last for two days, and both sides are expressing optimism.

U.S. President Donald Trump said last week, “I think we’ll have a deal with China,” while Chinese Foreign Ministry spokesman Lu Kang said the negotiators would have “positive and constructive discussions.”

USA, china, trade talks
Deputy U.S. Trade Representative Jeffrey Gerrish (front), key member of the U.S. trade delegation to China, arrives at a hotel in Beijing, Jan. 6, 2019. VOA

Last year, Trump imposed tariff hikes of up to 25 percent on $250 billion of Chinese goods. That move prompted China to respond with its own tariff increases on $110 billion of U.S. goods.

Also Read: U.S. Delegation In Beijing To Start Talks

Trump and Chinese President Xi Jinping agreed to halt any further tariff increases for 90 days beginning January 1. (VOA)

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World Class Zoo Worth Rs 500 Cr to Come Up in Mumbai

The proposed site in Aarey Milk Colony was inspected by a CZA team in 2014 which recently gave its clearance

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World, Zoo, Mumbai
The zoo, estimated to cost around Rs 500 crore. Pixabay

An ultra-modern zoo of global standards, spread across 100 acres, is expected to come up in the lush green environs in the suburban Goregaon in Maharashtra, officials said here on Wednesday.

The zoo, estimated to cost around Rs 500 crore, will have a host of unseen wild animals, trails and jungle safaris, nature education centre, a separate breeding centre and other facilities as per guidelines of Central Zoo Authority (CZA).

The proposed site in Aarey Milk Colony was inspected by a CZA team in 2014 which recently gave its clearance, and the new zoo will be virtually adjacent to two tourism centres like the famed Film City and nearby the Sanjay Gandhi National Park (SGNP).

On Wednesday, a memorandum of understanding was signed between Maharashtra Forest Department and BrihanMumbai Municipal Corporation (BMC) whereby 100 acres of the 190-acre government land will be given for setting up the zoo.

World, Zoo, Mumbai
An ultra-modern zoo of global standards, spread across 100 acres, is expected to come up in the lush green environs in the suburban Goregaon in Maharashtra. Pixabay

The BMC will soon appoint a project management consultant and prepare a comprehensive master plan for the zoo which will be executed from its own resources. However, the net revenues shall be shared by the civic body and the forest department.

The MoU documents were signed and exchanged in the presence of Shiv Sena President Uddhav Thackeray and Forest Minister Sudhir Mungantiwar.

As per the MoU, the forest department will provide technical expertise in procuring various animals for the zoo and other facilities which would showcase the rich biodiversity of the state and the country.

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Since there is no space to expand the existing 50-acre zoo in Byculla, an alternative site inside the Aarey Milk Colony was explored. (IANS)