A pledge to triple installed renewable energy capacity by 2030 got the nod from 118 nations, including the US, at the COP28 climate summit in Dubai on December 2, though India and China were significant absentees from the list. However, the final COP 28 agreement is scheduled to be announced by December 12. The US also announced a multi-year pledge of $3 billion for the Green Climate Fund (GCF) during the summit on Saturday, December 2.
Justice Markandey Katju writes: The United Nations has 193 members in its General Assembly and 15 members in its Security Council (UNSC), of which 5 are permanent members with veto powers, viz USA, UK, France, Russia, and China. India has been demanding a permanent seat in the UNSC for several decades.
Thanks to bureaucracy and corruption, India’s still not a viable investment alternative to China, according to Karl Mehta, chair of the Quad Investors’ Network.
By Mayank Chhaya- In the end it seemed that the two leaders of the world’s two superpowers, the U.S. and China, Joe Biden and Xi Jinping respectively, ended up humble boasting about their official vehicles. After their much-anticipated nearly four-hour summit meeting on the sidelines of Asia-Pacific Economic Conference (APEC) in San Francisco on October […]
Stating that the US is committed to an Indo-Pacific that is free and open, Secretary of Treasury Janet Yellen said that Washington is increasing its trade with countries like India, Vietnam and Mexico reducing its dependence on China. Yellen said that she along with President Biden will head Asia-Pacific Economic Cooperation (APEC) Leaders’ Week later this month in California.
President of the European Council, Charles Michel has reiterated that the European Union (EU) is firm on backing Ukraine in the current G20 Summit. Michel has said that the group is “united and firm” in “supporting Ukraine and sanctioning Russia.” He also said that the group feels a need to interest China to play a positive role at a global level.
Lodging a strong protest against China, India on Tuesday rejected claims made by Beijing in the so-called “standard map” and said they have no basis to claim India’s territory. The Ministry of External Affairs said that such steps from the Chinese side would only complicate the resolution of the boundary question.
Justice Markandey Katju writes: Pakistan is in a terrible state. The government is bankrupt and the economy is in a shambles. Massive protests are being held everywhere against exorbitant energy bills, and rise in prices of oil, gas and food.
After his China trip, the United States Special Presidential Envoy for Climate, John Kerry is scheduled to undertake a five-day visit to India on Tuesday to discuss climate and clean energy. During his visit from July 25 to 29, Kerry will visit Delhi and Chennai. In Delhi, Secretary Kerry will meet with senior government officials. Kerry’s visit is to advance shared objectives on climate and clean energy, including mutual efforts to build a platform for investments in renewable energy and storage solutions, support the deployment of zero-emission buses, and diversify clean energy supply chains, the US State Department said in a statement.
A US Congress committee has raised concern over insufficient foreign drug inspections in India, China. The Department of Defense recently announced that it will begin independently testing the quality and safety of imported generic drugs.
