China welcomes Modi’s Bhutan visit; ----------------------------------------------------- As Prime Minister Narendra Modi visits Bhutan, China on Monday rejected suggestions of any competition with India for strategic space in the neighbourhood, affirming that it was both “happy” with Mr. Modi’s visit and “full of confidence” over the future of relations with India. Asked about perceptions among some analysts that Mr. Modi’s decision to make Bhutan his first overseas destination may have been prompted in some measure by Beijing’s recent overtures to Thimphu, Chinese Foreign Ministry spokesperson Hua Chunying told reporters here that China was “happy to see the development of friendly, cooperative, mutually beneficial relations between our other neighbours.” China and Bhutan do not have formal diplomatic relations, although both sides regularly exchange political, trade and cultural delegations. The two countries have also been engaged in talks to settle their disputed border, holding more than 19 rounds of negotiations. thehindu/todays-paper/china-welcomes-modis-bhutan-visit/article6121441.ece ENERGY POLICY --------------------------- ‘Energy policy must serve broader economic growth’ --------------------------------------------------------------------------- Focus must be on promoting fiscal and regulatory regimes that are stable and equitable for both investors and owners of natural resources, said Union Minister of State (Independent charge) for Petroleum and Natural Gas Dharmendra Pradhan. Pricing of natural resources, particularly gas, remains a highly contentious issue in India. Mr. Pradhan made this point in his address at the 21st World Petroleum Congress in Moscow, an official release said. Mr. Pradhan said the energy policy must serve broader economic growth and its benefits should not exclude the poor and the vulnerable, outlining the importance of innovation, partnerships, simplification of the regulatory regimes, rule of law, promotion of renewable energy in achieving the goals of energy security. thehindu/todays-paper/tp-national/energy-policy-must-serve-broader-economic-growth/article6121451.ece
Posted on: Wed, 18 Jun 2014 10:00:30 +0000
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