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War with India not an option: Nawaz Sharif

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Islamabad: Pakistan Prime Minister Nawaz Sharif has asserted that war with India was not an option, media reported on Friday amid mounting tensions between two nuclear-armed neighbours.

During a meeting in Islamabad on Thursday with President Mamnoon Hussain, Sharif affirmed Pakistan’s desire for friendly ties with India, all its neighbours and the world at large for sustainable development, The Nation reported.

The prime minister said the US and world powers wanted Pakistan-India dialogue to resume and added that Pakistan “has always been for talks”.

An official statement issued after the meeting said: “They discussed the regional situation and reiterated Pakistan’s resolve to have friendly relations with all the neighbouring countries.”

Relations between Pakistan and India are at their lowest ebb these days as the two sides blame each other for firing along the line of control (LoC) and the international boundary.

The growing tension has so far seen cancellation of bilateral meetings and a war of words between the traditional rivals.

The two neighbours are, however, in contact through the back-channel but there has hardly been any positive news for peace-lovers on both sides.

Tariq Fatemi, special assistant to the prime minister on foreign affairs, and Asif Kirmani, special assistant on political affairs, also attended the meeting.

(With inputs from IANS)

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India Gets Assistance of Rs 3,420 Crore From Japan

The project for the construction of Chennai road aims to meet increasing traffic demands in the metropolitan area and installing Intelligent Transport Systems,

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Japan will be giving a loan of Rs 3,420 crore to India to assist in constructing the Chennai Peripheral Ring Road and for joint efforts towards meeting the UN Sustainable Development Goals (SDGs).

“The loan agreements were signed here today (Friday) between the Government of India and Japan International Cooperation Agency (JICA), New Delhi under Japanese Official Development Assistance Loan Program,” the Ministry of Finance said in a statement.

The Japanese ODA loan is for construction of phase one of Chennai Peripheral Ring Road for about Rs 2,470 crore and for Japan-India cooperative actions towards SDGs in India for about Rs 950 crore.

FDI
The Japanese ODA loan is for construction of phase one of Chennai Peripheral Ring Road for about Rs 2,470 crore and for Japan-India cooperative actions towards SDGs in India for about Rs 950 crore. www.trafficchallan.co.in

The agreements were signed by Finance Ministry Additional Secretary C.S. Mohapatra and JICA New Delhi Chief Representative Katsuo Matsumoto, the Ministry said.

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The project for the construction of Chennai road aims to meet increasing traffic demands in the metropolitan area and installing Intelligent Transport Systems, thereby contributing to mitigation of traffic congestion and promoting Regional Economic Development.

The other program aims to promote SDGs in India, mainly in social development, by supporting the efforts by the Indian government to strengthen the policy framework and implementation mechanism, thereby supporting India in achieving SDGs by 2030, it added.(IANS)

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