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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2704

News

Pak may support Jayanatha or Suriakiart for UNSG post.

By M Rama Rao - Reporting from India for Asian Tribune

Pakistan has given up plans to field a candidate against Shashi Tharoor for the post of UN Secretary General. The decision has some thing to do with the internal power equations as also cross currents in Islamabad and not because of any outside factor. For the record, however, it is said that Pakistan never intended to go in for a ‘tit-for-tat’ nomination, and that “Pakistan has a national agenda, not an anti-India agenda”.

Pak-India talks on Wullar Barrage deadlocked

By Iqbal Hussain Khan Yousafzai – Reporting from Islamabad

The talks between Pakistan and India on Wullar Barrage ended without any breakthrough with both sides reiterating to continue the talks during the next round of Composite Dialogue with a view to resolving the issue in accordance with the provisions of the Indus Basin Treaty of 1960. At the end of the two-day talks held between Pakistan's Secretary Water and Power Ashfaq Mehmood and Indian Water Secretary J Hari Narayan here on Friday, they acknowledged that the stalemate continued.

Bata on treasury stock process: Residual return offered for the existing shareholders of the de-listed company

By Ashwin Hemmathagama – Our Financial Correspondent

Bata Shoe Company of Ceylon Ltd. (BSCCL) which was de-listed from the Colombo Stock Exchanges during the latter part of last year has made an offer to its existing shareholders to exit from the company stock. BSCCL in a communiqué to its shareholders have stated that each share would be offered a buy back price of Rs. 13.50 by the major shareholder of Bata (BM) B.V. of Netherlands. The offer will be open for acceptance from the shareholders until June 26, 2006 and is requested to contact the Stock Brokers for further clarifications.

Sri Lanka: Training-workshops aimed at the ‘Social and Economic Empowerment of Women’.

Three Training workshops were held for nearly 200 Tsunami affected women in 10 coastal districts of Sri Lanka. The workshops was designed to instill n participants a sense of their self-worth, helped women understand their potential and provided basic training in activities such as cooking, sewing, beauty culture, sari printing, bridal dressing and fabric painting. According to a press release by the Food and Agriculture Organization, “The tsunami killed over 35 000 people, displaced 1 000 000 and affected over two thirds of the island’s coastline. Following the tremendous loss of life, several women, in addition to having to cope with their individual grief, assumed the role of sole nurturers, providers and community spokespersons. It was of paramount importance to empower this group to help them make decisions that would positively affect their lives and those of their families.”

Australian Government funds UNICEF supported projects in Sri Lanka.

Thousands of Sri Lankan women and children are expected to benefit as Australian Government provides US$1.9 million for UNICEF-supported projects in the North and North West. According to a UNICEF press release, “The new funding will go towards improved health facilities, education for school drop-outs, and protection for vulnerable children.”

Offshore to Sri Lanka: Finding Sri Lanka’s off shoring niche launched this week

By Ashwin Hemmathagama – Our Financial Correspondent

An in-depth report on taking the advantage of the potential benefits of the newly established global trade services, branding as an off-shore destination of choice for international visitors and government policy measures will be launched this week. The 40 paged international report was co-authored by Ismail Radwan of the World Bank and the Gihani Fernando of University of California HAAS Business School. Off shoring, or the process whereby one company delegate responsibilities performing a function or series of tasks to another company based in another country, now represents a US $ 100 billion market that is growing at more than 30 per cent per annum. In India, a global leader in this area, IT exports account for close to US $ 20 billion and almost half of total export revenues. The total number of jobs created in the Indian IT industry is close to one million, many of them filled by women.

Pak-India begin talks on Wullar Barrage

By Iqbal Hussain Khan Yousafzai – Reporting from Islamabad

Pakistan and India held Secretary level talks on the contentious Wullar Barrage issue talks on Thursday, with both sides hoping for "fruitful discussions". The Wullar barrage is one of the eight issues being discussed under the Composite Dialogue process between Pakistan and India and the two sides have had 10 rounds of talks since 1988. Secretary Water and Power, Ashfaq Mehmood led the Pakistani delegation and Indian Secretary Water J Hari Narayan represented Indian side. Both hoped to hold talks in "goodatmosphere".

Indo-US Civilian Nuclear Cooperation enters new phase: Vice President Cheney to persuade Congress

Daya Gamage – US National Correspondent for Asian Tribune

Dick CheneyIn a growing environment of skepticism about the Bush Administration’s U.S.-India civilian nuclear cooperation among its own Republican Party lawmakers in the United States Congress, the administration yesterday, June 22, released the draft bill which is scheduled to go before the US House of Representatives’ International Relations Committee next Tuesday, June 27 for scrutiny while Vice President Dick Cheney took the lead in persuading the Congress of its merits. Before lobbying both the Senate and the House, addressing the U.S.-India Business Council’s Leadership Summit in Washington June 22, the American vice president endeavored to dismiss the arguments of the critics, both administration-aligned Republican senators and House members, and opposition Democrats in the Congress, saying “They (India) have acted more responsibly than some countries who have signed the Non-Proliferation Treaty (NPT).”

LTTE is called to put away arms and Security Forces urged to maintain highest standards of conduct - British High Commissioner

Dominick Chilcott British High Commissioner in Sri Lanka, Dominick Chilcott exhorted the Liberation Tigers of Tamil Eelam to put away their weapons and their attachment to violence and join the family of civilized, democratic peoples who sort out their differences through negotiations, not terror. The High Commissioner pointed out that the Tamil rebel outfit must try to attain their political aspirations through the democratic institutions of the state, not through bombs and bullets. At a Party to celebrate the 80th Birthday of her Majesty the Queen, the British High Commissioner, Dominick Chilcott, spoke to an audience of 700 Sri Lankan, British and other nationals drawn from government, diplomatic missions, the business community and civil society.

Replacement of SLMM monitors from EU countries – Norwegian Government

Norway’s Foreign Ministry has confirmed that “The Norwegian Government has received answers to the questions” they have sent on 8 June to the Government of Sri Lanka and also to the Liberation Tigers of Tamil Eelam. Norwegian Foreign Ministry further said, “The Government of Sri Lanka has responded affirmatively to all five questions.” But in the case of the Tamil rebel outfit, “The LTTE has responded positively to questions 1, 3 and 4.”

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