India's Entry to International Groups.

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Can't link India's case for NSG membership with that of Pakistan: Russia

NEW DELHI: Even as China continues to stall India's Nuclear Suppliers Group (NSG) membership, Russia has come out strongly in support of India saying that India's application cannot be "interlinked" with that of Pakistan and that Moscow is discussing the issue with Beijing at different levels. China has favoured a criteria-based approach for expansion of the 48-member group, which controls international nuclear commerce, instead of one based on merit, in what India sees an attempt to draw a false equivalence between India's case and Pakistan's.

The issue again came up for discussion on Wednesday as Russia's deputy foreign minister Sergey Ryabkov met foreign secretary S Jaishankar. "We recognise that at the moment there is no unanimity on Pakistan's application and that the same cannot be interlinked with India's," said Ryabkov, after his meeting with Jaishankar.

This is probably the first time that a top Russian diplomat has publicly drawn attention to the futility of juxtaposing the 2 cases. "We know about the difficulties involved but unlike some other countries, who only speak, we are making practical efforts...we are discussing it with China at different levels,'' he added. Earlier this year, foreign minister Sushma Swaraj had said that India had approached Russia to convince China to drop its opposition to India's membership.
That Moscow doesn't expect China to relent though without a concerted effort from all member states was evident from Ryabkov's remark that he found the politicisation of the issue unfortunate and that other nations needed to play a more positive role for India's membership. He didn't name these nations though. Significantly, as he backed India's case for membership of all export control regimes, Ryabkov said that he expected India to join The Wassenaar Arrangement as early as Thursday. The 41-nation group, of which China is not a member, deals with export controls for conventional arms and dual-use goods and technologies.


While Ryabkov admitted that Russia was looking to build ties with Pakistan, a country he described as taking great interest in multilateral forums, he said Russia had no ``hidden agenda'' in its dealings with Islamabad. ``I can assure you that Russia's ties with no country in the world will come at the expense of its relationship with India,'' said Ryabkov.
On the issue of cross-border terrorism, Ryabkov said a very "forceful" message had been sent out at the Brics summit in Xiamen this year and that international and pragmatic cooperation was required to defeat those individuals who were operating outside of their countries. For India, the big takeaway from the Xiamen Declaration was the naming of Pakistan based terror groups like LeT and JeM. This exercise was at least partly undone by China later though when it blocked a UN ban on JeM chief Masood Azhar. Ryabkov said though that India's "very firm and convincing" position on terrorism was yielding fruits and that this was evident from the message in Xiamen.
On the issue of North Korea, which too was discussed between the two countries, Ryabkov reiterated Russia's position that there was no alternative to a political "track" for resolving the issues and that all parties needed to show restraint. "We don't believe there is place for more sanctions on North Korea," said Ryabkov, adding that there were commonalities in the position taken by both Russia and India. As Swaraj said recently, India believes that some channels of communication with Pyongyang should remain open.
 


Can't link India's case for NSG membership with that of Pakistan: Russia
TNN | Dec 6, 2017, 08.50 PM IST

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NEW DELHI: Even as China continues to stall India's Nuclear Suppliers Group (NSG) membership+ , Russia has come out strongly in support of India saying that India's application cannot be "interlinked" with that of Pakistan and that Moscow is discussing the issue with Beijing at different levels. China has favoured a criteria-based approach for expansion of the 48-member group, which controls international nuclear commerce, instead of one based on merit, in what India sees an attempt to draw a false equivalence between India's case and Pakistan's.

The issue again came up for discussion on Wednesday as Russia's deputy foreign minister Sergey Ryabkov met foreign secretary S Jaishankar. "We recognise that at the moment there is no unanimity on Pakistan's application and that the same cannot be interlinked with India's," said Ryabkov, after his meeting with Jaishankar.

This is probably the first time that a top Russian diplomat has publicly drawn attention to the futility of juxtaposing the 2 cases. "We know about the difficulties involved but unlike some other countries, who only speak, we are making practical efforts...we are discussing it with China at different levels,'' he added. Earlier this year, foreign minister Sushma Swaraj had said that India had approached Russia to convince China to drop its opposition to India's membership.

That Moscow doesn't expect China to relent though without a concerted effort from all member states was evident from Ryabkov's remark that he found the politicisation of the issue unfortunate and that other nations needed to play a more positive role for India's membership. He didn't name these nations though. Significantly, as he backed India's case for membership of all export control regimes, Ryabkov said that he expected India to join The Wassenaar Arrangement as early as Thursday. The 41-nation group, of which China is not a member, deals with export controls for conventional arms and dual-use goods and technologies.

While Ryabkov admitted that Russia was looking to build ties with Pakistan, a country he described as taking great interest in multilateral forums, he said Russia had no ``hidden agenda'' in its dealings with Islamabad. ``I can assure you that Russia's ties with no country in the world will come at the expense of its relationship with India,'' said Ryabkov.

On the issue of cross-border terrorism, Ryabkov said a very "forceful" message had been sent out at the Brics summit in Xiamen this year and that international and pragmatic cooperation was required to defeat those individuals who were operating outside of their countries. For India, the big takeaway from the Xiamen Declaration was the naming of Pakistan based terror groups like LeT and JeM. This exercise was at least partly undone by China later though when it blocked a UN ban on JeM chief Masood Azhar. Ryabkov said though that India's "very firm and convincing" position on terrorism was yielding fruits and that this was evident from the message in Xiamen.

On the issue of North Korea, which too was discussed between the two countries, Ryabkov reiterated Russia's position that there was no alternative to a political "track" for resolving the issues and that all parties needed to show restraint. "We don't believe there is place for more sanctions on North Korea," said Ryabkov, adding that there were commonalities in the position taken by both Russia and India. As Swaraj said recently, India believes that some channels of communication with Pyongyang should remain open.

Can't link India's case for NSG membership with that of Pakistan: Russia - Times of India
 
India joins elite multilateral export control regime
Agencies | Dec 8, 2017, 08:41 IST

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HIGHLIGHTS
  • India has become the 42nd member of Wassenaar Arrangement (WA).
  • Wassenaar Arrangement is a multilateral export control regime.
  • The WA membership is also expected to build up a strong case for India's entry into the NSG.
NEW DELHI: In a significant development, elite export control regime Wassenaar Arrangement (WA) on Thursday decided to admit India as its new member, which is expected to raise New Delhi's stature in the field of non-proliferation besides helping it acquire critical technologies.

The decision was taken at the two-day plenary meeting of the grouping in Vienna.

"Wassenaar Arrangement participating states reviewed the progress of a number of current membership applications and agreed at the plenary meeting to admit India which will become the Arrangement's 42nd participating state as soon as the necessary procedural arrangements for joining the WA are completed," the grouping said in a statement.

India's entry into the export control regime would enhance its credentials in the field of non-proliferation despite not being a signatory to the Non-Proliferation Treaty (NPT).

The WA membership is also expected to build up a strong case for India's entry into the 48-member Nuclear Suppliers Group (NSG).

Significantly, China, which stonewalled India's entry into the 48-nation NSG is not a member of the Wassenaar Arrangement.

The Wassenaar Arrangement plays a significant role in promoting transparency and greater responsibility in transfers of conventional arms and dual-use goods and technologies.

Its member countries are required to ensure that transfers of these items do not contribute to the development or enhancement of military capabilities which undermine these goals. The aim is also to prevent the acquisition of these items by terrorists.

In June last year, India joined the Missile Technology Control Regime(MTCR), another key export control regime, as a full member.

Since its civil nuclear deal with the US, India has been trying to get into export control regimes such as the NSG, the MTCR, the Australia Group and the Wassenaar Arrangement that regulate the conventional, nuclear, biological and chemicals weapons and technologies.
French ambassador to India Alexandre Ziegler congratulated India on "joining" the Wassenaar Arrangement.

"One more recognition, after MTCR, of the growing role India plays in today's world," he said.

In the plenary session, the WA reaffirmed its strong support for robust export controls on a global basis as an important tool for ensuring international peace and stability.

It also adopted new export controls in a number of areas, including military explosives and specific electronic components.

"Existing controls were further clarified regarding ground stations for spacecraft, submarine diesel engines, technology related to intrusion software, software for testing gas turbine engines, analogue-to-digital converters, non- volatile memories and information security," the grouping said in the statement at the end of the two-day meeting.

The next regular plenary meeting of WA will be held in Vienna in Austria in December 2018, it was announced.

Link-
India joins elite multilateral export control regime - Times of India
 
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We should create a barricade by marking all such groups and see to it that its a no entry zone for China in every aspect. Ensure that anyone supporting from inside is also bought down by way of some leverage on such supporters.

And if its Pakistan, stonewall it till end of time.

Mod Edit - (changed language for colourful stuff)
 
Last edited by a moderator:
On the other hand, you can bargain with China. "We won't oppose your entry in the WA if you don't block our entry in the NSG." Diplomacy is better than confrontation.

Here's a handy map representing the different combinations of memberships in the Australia Group (AG), Missile Technology Control Regime (MTCR), Nuclear Supplier Group (NSG), and Wassenaar Arrangement (WA).

Dfyx2VM.png


It's not easy to tell because it's just a small dot; but it's Cyprus who's in the NSG+AG combination. There shouldn't any diplomatic obstacle to India joining the Australia Group since none of its foes are in. It's basically NATO/EU + Australia, South Korea, Japan, and Argentina.
 
People thinking that we can bargain with china for their entry to MTCR or wassenar in return to NSG entry I have a doubt.
I feel china is better off outside these organizations as it will curb its proliferation to rogues. So we dont have any bargaining chip against china.
 
On the other hand, you can bargain with China. "We won't oppose your entry in the WA if you don't block our entry in the NSG." Diplomacy is better than confrontation.

Here's a handy map representing the different combinations of memberships in the Australia Group (AG), Missile Technology Control Regime (MTCR), Nuclear Supplier Group (NSG), and Wassenaar Arrangement (WA).

Dfyx2VM.png


It's not easy to tell because it's just a small dot; but it's Cyprus who's in the NSG+AG combination. There shouldn't any diplomatic obstacle to India joining the Australia Group since none of its foes are in. It's basically NATO/EU + Australia, South Korea, Japan, and Argentina.

Ireland and Austria along with China were the countries that scuppered the membership bid last time.
 
We should create a barricade by marking all such groups and see to it that its a no entry zone for China in every aspect. Ensure that anyone supporting from inside is also bought down by way of some leverage on such supporters.

And if its Pakistan, stonewall it till end of time.

Mod Edit - (changed language for colourful stuff)

Thank you ? ?
 
Need for reorganisation of NSG: US expert

A US expert has sought reorganisation in the NSG to maintain its effectiveness and credibility amidst the evolving global nuclear trade and a stalemate among the grouping's members over the entry of new participants like India and Pakistan.

"A redesign of the regime may also be desirable or necessary should increasingly more states become suppliers and seek to participate in the NSG (Nuclear Suppliers Group)," Mark Hibbs a senior fellow on Nuclear Policy Programme at the Carnegie Endowment for International Peace said in a research paper.




Ultimately in the longer term, "a thorough going reorganisation of the NSG and the nuclear trade regime may have to be considered, especially if global nuclear trade continues to evolve away from simple point-to-point commercial actions and instead toward transactions that involve multiple participants and transit destinations, and involve complex partnerships, the research paper said.

Today's nuclear trade regime is very different from that which prevailed before the 1990s, Hibbs said.

The NSG remains bound by informal and consensus rule- making but it now has 48 members and is beset with the challenge of including future participants that have advanced and complex industrial nuclear fuel cycle industries and nuclear weapons but no legacy of commitment to non proliferation or to effective nuclear export controls, he wrote.

Two such potential candidates, India and Pakistan, are adversaries and have strategic relationships with powerful NSG members: India is rapidly developing close ties with the US and its allies in the Asia-Pacific region; Pakistan has an increasingly firm "all-weather" alliance with China, he noted.

While China has been opposing India's NSG membership, separately, both Russia and China have forged bilateral nuclear cooperation agreements with scores of countries with the aim of advancing the exports of nuclear equipment by Russian and Chinese nuclear state-owned enterprises to these destinations.



Meanwhile, nuclear industry firms in North America, Europe, and Japan suffered life-threatening political and financial crisis.

"These developments raise the question of whether in the coming years the effectiveness and credibility of the NSG and the nuclear trade regime will, to an unprecedented degree, be increasingly challenged by the high national security politics and strategic ambitions of its participating governments," Hibbs wrote.

According to Hibbs, in the view of some NSG participants and senior Indian diplomats, China's opposition to Indian membership was founded upon its geostrategic rivalry with India.

Whatever the benefits of Indian membership would be to the NSG--led off by including a country with sensitive fuel cycle nuclear activities and nuclear weapons--to China the downsides included consideration that.

As one participant explained, "membership in the NSG would be put at the top of India's curriculum vita" to advance New Delhi's quest for a permanent seat on the United Nations Security Council, a step that Beijing thus far opposes.

"China's calculus on Indian NSG membership may also include India's designs to become a serious competitor to China as an exporter of nuclear power plant systems and equipment, since India's reasons for wanting NSG membership include the expectation that participation would facilitate India's involvement in the global nuclear power industry supply chain," Hibbs said.

He said that during the last two decades, the NSG's consideration of its future relationship with India served most often as the immediate catalyst for major supplier states' geostrategic behaviour and decision-making.
 
INDIA JOINS THE AUSTRALIA GROUP

On 19 January 2018 India formally became the 43rd member of the Australia Group (AG), the cooperative and voluntary group of countries working to counter the spread of materials, equipment and technologies that could contribute to the development or acquisition of chemical and biological weapons (CBW) by states or terrorist groups.

There was very strong support expressed for India’s membership at the 26-30 June 2017 Australia Group Plenary, after which consensus was reached intersessionally. India then reaffirmed its intention to join the Group.

In warmly welcoming India to the Group, the other Australia Group members recognised the Government of India’s commitment to bring India’s export control system into alignment with the Australia Group and India’s determination to contribute to the global effort to prevent the proliferation of CBW in the security interests of all members of the international community.

In joining the Group, the Government of India said its entry into the Group would be mutually beneficial and would contribute further to international security and non-proliferation objectives; and, that India’s law-based export control system enables the Government of India to implement the obligations arising from the Australia Group’s Guidelines and Common Control Lists including its reporting requirements, information exchange and principles.

With its admission into the AG, India has demonstrated the will to implement rigorous controls of high standards in international trade, and its capacity to adapt its national regulatory system to meet the necessities of its expanding economy. India is also aware of the need to constantly adapt its export controls in the face of rapidly evolving scientific and technological challenges, and in this regard, affirmed its readiness to act in close cooperation with all members towards the furtherance of Australia Group objectives.

The other Australia Group members are: Argentina, Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, European Union, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Republic of Korea, Latvia, Lithuania, Luxembourg, Malta, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Republic of Turkey, Ukraine, United Kingdom and United States.
 
On the other hand, you can bargain with China. "We won't oppose your entry in the WA if you don't block our entry in the NSG." Diplomacy is better than confrontation.

Here's a handy map representing the different combinations of memberships in the Australia Group (AG), Missile Technology Control Regime (MTCR), Nuclear Supplier Group (NSG), and Wassenaar Arrangement (WA).

Dfyx2VM.png


It's not easy to tell because it's just a small dot; but it's Cyprus who's in the NSG+AG combination. There shouldn't any diplomatic obstacle to India joining the Australia Group since none of its foes are in. It's basically NATO/EU + Australia, South Korea, Japan, and Argentina.

I just read this post. I googled India's status in the Australia Group and lo and behold, India joined the AG and an article had come out proclaiming that only an hour ago.

Boost for NSG membership, India joins Australia Group
Boost for NSG membership, India joins Australia Group
Updated: Jan 19, 2018, 03.31 PM IST
 
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WA+AG+MTCR is still a unique combination so the map doesn't need to be repainted, just update the label for green color. :p
 

India has got the go-ahead to join the European Bank of Reconstruction and Development (EBRD), after shareholders of the London-based multilateral lender agreed to the country becoming its 69th member, enabling Indian companies to undertake joint investments in regions in which the EBRD operates.

“This is an important step in the relationship between the EBRD and India, allowing us to build further on already very close ties,” said the development finance institution’s President Suma Chakrabarti.

Set up in 1991, based on a proposal by former French President Francois Mitterand, the bank’s initial focus was helping central and Eastern European nations reconstruct their economies in the post-Cold War era.

It remains committed to furthering the development of “market-orientated economies and the promotion of private and entrepreneurial initiative.” Other members who receive investments include Mongolia, Turkey, Egypt, Cyprus, Greece and Lebanon, among a total of 38 member states. Others including China, Russia, the U.S., U.K., and France are stakeholders, whose companies are able to invest in EBRD projects, but do not receive financing for domestic projects.

While Indian businesses have already cooperated on EBRD projects worth some €982 million, the hope is that the membership, which will see India take up a small stake in the bank, would spur further investment by Indian firms in a range of sectors from solar to utilities, providing them access to fast growing markets. It will also enable Indian citizens to work for the organisation.

India’s stake will also give it a say in the direction of the EBRD’s future work. The EBRD’s largest shareholder is currently the U.S., while other G7 nations also hold significant stakes.

Following the approval of Indian membership, India is expected to join EBRD within the first half of the year.

The process for India’s approval moved swiftly: from its formal application on December 18, to the decision going to the board of directors in late January.

The EBRD works with the private sector and also local governments in the provision of services and infrastructure across 38 nations – with projects ranging from transport provision to agribusiness, heating, waste management, to renewable energy.

In 2017, the EBRD signed a pact with the International Solar Alliance, which was unveiled in 2015 in Paris.
 
This is the rendition of "Maithreem Bhajata" composed in Sanskrit by Late Jagadguru Shri Chandrasekharendra Saraswati (68th Shankaracharya of Kanchi). The video has english translations embedded in it.

It was rendered at the United Nations on Oct. 23, 1966 on the occasion of the UN day, by Bharat Ratna Smt.M.S.Subbulakshmi. (who was also a "devdasi")


Is it relevent to this thread?
 
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Is it relevent to this thread?
This thread is mainly to track and discuss India's entry to various International bodies. Only reasonI asked because this content would be better suited to some other existing threads or maybe a new thread of its own to celebrate Indian achivements internationally.
 
India working on strategy to make another bid for NSG membership
India is mounting another strong bid for admission to the Nuclear Suppliers Group (NSG), an elite club of 48 countries that deal with fissile materials and nuclear technology, which is set to meet in June and December this year, three persons familiar with the hectic diplomatic activities on the matter said on condition of anonymity.

The NSG is the only major export control regime India is not part of after its entry into the Australia Group (January 2018), the Missile Technology Control Regime (June, 2016) and the Wassenaar Arrangement (December 2017).
Being a member of the NSG would be shot in the arm for the Narendra Modi government and a major policy achievement ahead of the next general elections in 2019.

The issue of India’s entry came up for discussion at the Seoul plenary of the NSG last June, but Beijing did not agree on the grounds that India was not a signatory to the non-proliferation treaty (NPT). Though other countries also raised objections to Indian membership, India said “one country” consistently raised procedural hurdles, in an oblique reference to China. Beijing backed a two-step approach which stipulates that the NSG members first need to arrive at a set of principles for the admission of non-NPT states into the NSG and then move forward with the discussions on specific cases.

Officials said that fresh talks between Indian and Chinese officials on the issue were “forward looking”. Former foreign secretary Lalit Mansingh suggested China had blocked India’s entry primarily on account of the strain in bilateral ties. “There is a perceptible change in the bilateral ties after Modi meeting President Xi Jinping in Wuhan on April 27 and 28. So if China withdraws its objection, India could be a member of NSG,” he said.

EYE ON ELITE N-GROUPING
WHAT IS NSG?
A club of 48 countries dedicated to curbing nuclear arms proliferation by controlling the export and re-transfer of technology that could foster nuclearweapons development
Why is membership important for India?
  • Gives access to state-of-theart tech that the countries in NSG possess, which can be used for various purposes — from medicines to building nuclear power plants
  • Enables it to scale up nuclear power production as part of clean energy push
  • Gives ability to offer its own nuclear power plants to the world
  • Gives Make in India programme a boost
India’s 3-prong strategy
  • Tell close friends in NSG to work with others to get India admitted
  • Address concerns of some member countries over India’s non-NPT status
  • Stress that admission is "merit-based", and not "criteria-based", as advocated by China, and that being a member of groupings like Australia Group, Missile Technology Control Regime and Wassenaar Arrangement boosts its credentials
The road to the NSG membership is paved with uncertainties since the group works on the principle of consensus and even one country holding out could block the chances of entry.

Keeping this in mind, India is working on a three-prong strategy, another officials said.
One, India is telling its close friends in the club to work with others to get India admitted. Two, India is trying to dispel the notion that countries such as Brazil, Argentina, Kazakhstan, and South Africa -- which once gave up their nuclear programme -- could cite any procedural issues to not admit India. Three, India is stressing that the process of admission is “merit-based” and not “criteria -based”, as advocated by China and supported in the past by Austria, New Zealand and Mexico.

“We have been in touch with our friends and partners for our NSG bid. We are not a member of the group. But we hope to the there soon, as we hope the grouping factors in our track record in non-proliferation and a clean waiver that the NSG had given us in 2008”, said an official who asked not to be named.

The merit-based approach means India’s non-proliferation track record should be factored in. The criteria-based approach means the grouping must first decide how to accommodate non-NPT (Non-Proliferation Treaty) countries as members. India is a not a signatory to the NPT and maintains the pact is discriminatory in nature.

India has been urging the US and Russia to work with other countries to help its membership. The Netherlands, too, agreed to work with other NSG members for India’s membership during the between Prime Minister Modi and his Dutch counterpart Mark Rutte on May 24.“In order to further strengthen global non-proliferation, the Netherlands reaffirmed its strong support to building consensus among the regimes’ members on the issue of India’s membership to the Nuclear Suppliers Group; recognizing that India’s accession will add value to the aims and objectives of these regimes,” read the joint statement issued after the meeting.

This was a step forward from the last year’s India-Netherlands joint statement, which had simply said: “The Netherlands expressed its support for India’s early membership to the Nuclear Suppliers Group.”

Switzerland, the chair of the NSG for 2017-18 with Ambassador Benno Laggner as its representative, also supports India’s membership. In additional, there have been visits to some NSG countries by Indian ministers in recent weeks. Minister of state for external affairs MJ Akbar met Austrian Federal Minister for Europe, Integration and Foreign Affairs Karin Kneissl in Vienna on May 15. The other minister of state in the ministry, VK Singh, was in Argentina, another NSG country, to attend G20 meet on May 18-19 and India hosted the foreign minister of Serbia on May 1.

“Though there could be some others with reservations on India’s entry. But none of them could be seen as the last one standing in the way,” added a second official on condition of anonymity. A diplomat, who also asked not to be identified, said India was “in touch with Mexico and Brazil, while South Africa has twice reiterated its support for India’s membership”.
India working on strategy to make another bid for NSG membership
 
No headway in India’s push for NSG entry
With New Delhi’s application before the Nuclear Suppliers Group (NSG) in Latvia, the NSG, after a two-day meeting on Thursday and Friday, said that it discussed “NSG relationship with India” and continues to consider all matters pertaining to implementation of the 2008 NSG waiver for India. In fact, two years after India first approached the NSG plenary in Seoul, the group “noted that discussions were continuing on the requests for participation that had been submitted”. The NSG also noted that discussions are continuing on the issue of “Technical, Legal and Political Aspects of the Participation of Non-NPT States in the NSG”, initiated at the 2016 Seoul plenary. This was a reference to Indian application ahead of the Seoul plenary, when Foreign Secretary S Jaishankar had travelled to South Korea to lobby for NSG membership.

Sources said that while there was no headway this time despite the thaw in relationship with China, the NSG statement in Latvia — after the meeting on June 14 and 15, as first reported by The Indian Express — on Saturday after the plenary said that it “continued to consider all aspects of the implementation of the 2008 Statement on Civil Nuclear Cooperation with India and discussed the NSG relationship with India”.

This is the only Indian reference in the statement, while there was no specific reference to Pakistan’s application to the NSG. “There is no equivalence in terms of the track record of India and Pakistan,” a western diplomat, privy to the discussions in NSG, told The Sunday Express on Saturday. The NSG plenary meeting took place on Thursday and Friday in Jurmala, Latvia, and as expected, the group discussed the recent US-North Korea summit on “complete denuclearisation of the Korean Peninsula” and the US withdrawing from the JCPOA – the nuclear deal between P-5+1 and Iran.

Latvia, which assumed chairmanship of the NSG for 2018-19 on June 14, was represented by Minister of Foreign Affairs, Edgars Rinkevics. Latvia is the first Baltic state to chair the NSG. On North Korea (DPRK), the NSG statement said that the participating governments “noted” the developments in that country since the 2017 NSG plenary in Bern, and reconfirmed their commitment to the UN Security Council resolutions 2371 (2017), 2375 (2017), 2397 (2017) and previous relevant UNSC resolutions, which reaffirm that North Korea will immediately abandon all nuclear weapons and existing nuclear programmes in a complete, verifiable and irreversible manner.

“Participating Governments noted with encouragement the recent Inter-Korean summits and the DPRK-US summit. Within the framework of the NSG’s mandate, the Participating Governments noted that the supply of all controlled items to the DPRK is prohibited according to the above-mentioned resolutions,” the statement said.

On Iran, the NSG said that participating governments took note of the continued implementation by the E3/EU+2 and Iran of the Joint Comprehensive Plan of Action (JCPOA). While New Delhi had reached out to Beijing on April 10 and tried to convince the interlocutors there to lift their objections at the NSG, there has been no public articulation by the Chinese leadership about a change in their position. Since then, Prime Minister Narendra Modi and Chinese President Xi Jinping have met twice in Wuhan (April) and Qingdao (June) and held discussions on a wide range of issues.
No headway in India’s push for NSG entry
 

India has got the go-ahead to join the European Bank of Reconstruction and Development (EBRD), after shareholders of the London-based multilateral lender agreed to the country becoming its 69th member, enabling Indian companies to undertake joint investments in regions in which the EBRD operates.

“This is an important step in the relationship between the EBRD and India, allowing us to build further on already very close ties,” said the development finance institution’s President Suma Chakrabarti.

Set up in 1991, based on a proposal by former French President Francois Mitterand, the bank’s initial focus was helping central and Eastern European nations reconstruct their economies in the post-Cold War era.

It remains committed to furthering the development of “market-orientated economies and the promotion of private and entrepreneurial initiative.” Other members who receive investments include Mongolia, Turkey, Egypt, Cyprus, Greece and Lebanon, among a total of 38 member states. Others including China, Russia, the U.S., U.K., and France are stakeholders, whose companies are able to invest in EBRD projects, but do not receive financing for domestic projects.

While Indian businesses have already cooperated on EBRD projects worth some €982 million, the hope is that the membership, which will see India take up a small stake in the bank, would spur further investment by Indian firms in a range of sectors from solar to utilities, providing them access to fast growing markets. It will also enable Indian citizens to work for the organisation.

India’s stake will also give it a say in the direction of the EBRD’s future work. The EBRD’s largest shareholder is currently the U.S., while other G7 nations also hold significant stakes.

Following the approval of Indian membership, India is expected to join EBRD within the first half of the year.

The process for India’s approval moved swiftly: from its formal application on December 18, to the decision going to the board of directors in late January.

The EBRD works with the private sector and also local governments in the provision of services and infrastructure across 38 nations – with projects ranging from transport provision to agribusiness, heating, waste management, to renewable energy.

In 2017, the EBRD signed a pact with the International Solar Alliance, which was unveiled in 2015 in Paris.
India set to join European Bank for Reconstruction and Development
The European Bank for Reconstruction and Development (EBRD) today unveiled plans for a first-of-its-kind conference in India to welcome the country as its newest member.

The inaugural EBRD-FICCI Business Forum in Mumbai on Friday is themed around 'Mobilising private sector finance in the EBRD region and how Indian companies can benefit'.

The Federation of Indian Chambers of Commerce and Industry (FICCI) partnered event is backed by the Export-Import Bank of India (EXIM) with the aim of bringing together government officials, EBRD experts, and investors and prominent business people to highlight the multilateral bank's efforts to mobilise private sector finance in the economies where it invests, and what the opportunities are for the Indian private sector.

“We are very proud to have India on board as a shareholder. The membership was unanimously approved by our existing shareholders,” said EBRD president Suma Chakrabarti, before he left for India to address the forum.

India has a very diversified economic base and therefore very diversified companies, which can fulfil investment needs of our countries of operation,” he said.

In the past, EBRD has worked closely with India and in countries like Russia, Turkey, Romania, and Ukraine. Chakrabarti feels that India's membership, which is now its final stages of completion, will open up further investment prospects in markets in Central Asia, Egypt and Jordan.

“These markets are not very well known to Indian companies. The advantage of membership is that Indian companies and the Indian government immediately get free access to all of EBRD's knowledge – political, commercial, market and economic knowledge,” he explained.

London-headquartered EBRD is a multilateral development bank set up in 1991 after the fall of the Berlin Wall to promote private and entrepreneurial initiative in emerging Europe.

It invests in 38 emerging economies across three continents, according to a set of criteria that aim to make its countries more competitive, better governed, greener, more inclusive, more resilient and more integrated.

Its Indian-origin president described India's entry as the bank's 69th member as a personal high point for him, as he nears the end of his second term in office.

He said, “In my term as EBRD president, India – the country of my birth – becoming a shareholder is a high point for me personally".

"Also, it is a very good thing for global governance that India, a leading member of the G20, is now a member of this institution – which is slightly different from the others because of our private sector focus and mandate. It makes us quite special, and having India on board is special as well," he said.

Under Chakrabarti, EBRD had also concluded a joint declaration on the India-led International Solar Alliance (ISA) last year. With India now a member, this declaration is expected to get a further boost in terms of mobilising more finance for solar energy and taking forward solar energy policy and reforms.

The Business Forum in Mumbai will include plenary sessions dedicated to discussing investment opportunities and economic prospects for the region for EBRD's operation.

The bank has worked with leading Indian companies, such as Tata, Mahindra, SREI and Jindal, on investments in its regions, with the value of such joint projects worth an estimated 1 billion euros. It now hopes to introduce itself to even more Indian companies to explore newer investment opportunities.

With India now taking a shareholding in EBRD, it is expected that the scope of these joint initiatives will be further enhanced. While India will not be a recipient of EBRD financing, it will benefit from the bank's expertise and support in the region.

“We did a mapping exercise which shows that many Indian companies want to go to these countries of operation and need a safe and sound partner, something the EBRD provides,” said Chakrabarti.
India set to join European Bank for Reconstruction and Development
 
India becomes Asia Pacific vice-chair at World Customs Organisation
India has become the vice-chair (regional head) of the Asia Pacific region of the World Customs Organisation (WCO) for a period of two years to June, 2020, the finance ministry said today. The organisation has divided its membership into six regions. Each of the regions is represented by an elected vice-chairperson to the WCO council.

"India is a wealth of experience in promoting security and facilitation of cross border trade," it said.

To mark the assumption of vice chair, an event is being organised tomorrow here by the Central Board of Indirect Taxes and Customs (CBIC) in partnership with industry body CII.

It will witness participation of customs delegates from 33 countries of the Asia-Pacific Region, customs officers from different ports in India.

WCO represents 182 customs administrations across the globe that collectively process approximately 98 per cent of world trade.
India becomes Asia Pacific vice-chair at World Customs Organisation
 
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