Frank Jack's Feed
Nov 27, 2014

South Asia summit salvaged after handshake by leaders of India, Pakistan

KATHMANDU, Nov 27 (Reuters) – A brief meeting between
India’s Prime Minister Narendra Modi and his Pakistani
counterpart on Thursday salvaged a summit of South Asian
leaders, with all eight countries clinching a last-minute deal
to create a regional electricity grid.

The pact at the summit’s closing ceremony in the Nepali
capital, will buttress Modi’s ambition for South Asia to become
a viable economic counterweight to China, which has made
sweeping inroads in the region.

Nov 27, 2014

Pakistan under pressure to save trade agenda at South Asia summit

NEW DELHI (Reuters) – South Asian leaders will pile pressure on Pakistan on Thursday to salvage a summit in Nepal by agreeing to electricity sharing and the free movement of vehicles across borders, measures aimed at boosting trade among nearly a quarter of the world’s people.

Hopes of progress at the South Asian Association for Regional Cooperation (SAARC) meeting in Kathmandu now hinge on a morning retreat outside the mountain city, where leaders will make their case to Pakistan’s Prime Minister Nawaz Sharif

Nov 27, 2014

India-Pakistan friction threatens South Asia trade at Himalayan summit

KATHMANDU (Reuters) – Hostilities between rivals India and Pakistan on Wednesday threatened to scupper efforts by South Asian leaders to boost trade among almost a quarter of the world’s people, throwing into doubt any prospect of a regional customs union.

India and Pakistan have fought three wars, and just last month exchanges of fire across the border in disputed Kashmir killed 20 people. The bickering spilled into a two-day regional summit in Kathmandu, and their leaders refused to meet.

Nov 26, 2014

India-Pakistan friction at SAARC summit slows South Asia integration

KATHMANDU (Reuters) – South Asian leaders from Afghanistan to the Maldives met in Kathmandu on Wednesday for a summit that was undermined by traditional bickering between rivals Pakistan and India.

In Nepal, India’s Prime Minister Narendra Modi was due to hold two-way talks with every country in the volatile region except Pakistan, as neither neighbour is ready to seek talks to reduce tension between the nuclear-armed states.

Nov 26, 2014

India-Pakistan friction at summit slows South Asia integration

KATHMANDU (Reuters) – South Asian leaders from Afghanistan to the Maldives met in Kathmandu on Wednesday for a summit that was undermined by traditional bickering between rivals Pakistan and India.

In Nepal, India’s Prime Minister Narendra Modi was due to hold two-way talks with every country in the volatile region except Pakistan, as neither neighbor is ready to seek talks to reduce tension between the nuclear-armed states.

Nov 25, 2014

China looms over SAARC summit in the Himalayas

NEW DELHI (Reuters) – When eight South Asian leaders gather for a summit in Kathmandu on Wednesday, they will meet in a conference centre donated by China to its cash-strapped Himalayan neighbour Nepal 27 years ago.

In the decades since it built the modernist brick and glass hall, China has massively stepped up its presence in South Asia, supplying ports, power stations and weapons.

Nov 25, 2014

China looms over South Asian summit in the Himalayas

NEW DELHI (Reuters) – When eight South Asian leaders gather for a summit in Kathmandu on Wednesday, they will meet in a conference center donated by China to its cash-strapped Himalayan neighbor Nepal 27 years ago.

In the decades since it built the modernist brick and glass hall, China has massively stepped up its presence in South Asia, supplying ports, power stations and weapons.

Nov 25, 2014
via FaithWorld

Modi gives Buddha a miss as South Asian leaders flock to Nepal

Photo

(Peace temple in Lumbini, birthplace of Buddha,  23 Oct 2012/Nilsu31)

Visiting Nepal for a South Asia summit, Indian Prime Minister Narendra Modi has dropped plans to hold rallies at the birthplaces of the Buddha and a Hindu goddess, after controversy over whether he was gaining too much prominence inside Nepal.

Suspicion of India is common among South Asia’s smaller nations, and the sensitivies shown in Nepal would be a small reminder for Modi as he seeks to show leadership in a region scarred by ethnic and religious divides.

Nov 25, 2014

Modi gives Buddha a miss as SAARC leaders flock to Nepal

KATHMANDU (Reuters) – Visiting Nepal for a South Asia summit, Prime Minister Narendra Modi has dropped plans to hold rallies at the birthplaces of the Buddha and Hindu goddess Sita, after controversy over whether he was gaining too much prominence inside Nepal.

Suspicion of India is common among South Asia’s smaller nations, and the sensitivities shown in Nepal would be a small reminder for Modi as he seeks to show leadership in a region scarred by ethnic and religious divides.

Nov 21, 2014

Long “to do” list for Modi as clock ticks on reform

NEW DELHI (Reuters) – Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life into the economy to meet the tough 2014/15 fiscal deficit target.

Modi’s election victory in May unleashed a rush of money from foreign portfolios betting the reformist prime minister would drive a quick recovery. That has yet to materialise, with both factory utilisation and capital spending low.