Singapore signs pact with Myanmar to modernize its economy
AHN News Staff
Singapore, Singapore (AHN) – Singapore and Myanmar on Monday signed a bilateral, economic and trade agreement. Under the Singapore-Myanmar Technical Cooperation Program pact, Singapore will open itself to foreign investment as well as offer training courses on trade, tourism development and central banking to the Southeast Asian nation. The agreement was signed during Myanmarese President U Thein Sein’s first visit to Singapore after becoming president last year. Myanmar had been a secretive military regime in the last decade, but post-2010 elections, situations changed in the country as government released several political prisoners and even legalized the pro-democracy leader Suu Kyi’s National League of Democracy [...] Continue Reading…
Obama, Harper stay apart on pipeline issue, ink other agreements
Tejinder Singh – AHN News Correspondent
Washington, D.C., United States (AHN) – The visiting Canadian leader and the American president on Wednesday remained noncommittal on a controversial oil pipeline linking the two countries but signed a border deal. Addressing a joint press conference at the White House, with Canada’s Prime Minister Stephen Harper, U.S. President Barack Obama said, “With respect to the politics, look, this is a big project with big consequences.” Asking for a assessment for environmental impact, Obama said, “We’ve seen Democrats and Republicans express concerns about it. And it is my job as president of the United States to make sure that a process is [...] Continue Reading…
U.S. encourages SAARC but hesitant to get more involved
Tejinder Singh – AHN News Correspondent
Washington, D.C., United States (AHN) – The United States encouraged the participating nations of the South Asian Association for Regional Cooperation, also known as SAARC, but Washington had no intentions to increase its own involvement with the association according to one of the top U.S. diplomats. Addressing journalists at a special briefing at the State Department, Robert Blake, Assistant Secretary, Bureau of South and Central Asian Affairs said, “We’re an observer country and we welcome that role, but we’re not seeking to enhance our role in any way.” Assistant Secretary Blake returned from a trip to the Maldives as head of the [...] Continue Reading…
Russia signs trade agreements with 7 ex-Soviet nations
AHN News Staff
Moscow, Russian Federation (AHN) – In an attempt to boost economic ties with Community of Independent States (CIS) nations, Russia on Tuesday inked free-trade agreements with Ukraine, Belarus, Kazakhstan, Armenia, Kyrgyzstan, Moldova and Tajikistan. The announcement, which came after talks in St Petersburg, said that the agreement would cancel import-export duties on a number of goods without revealing the type of goods. Other three former Soviet Republic states – Uzbekistan, Azerbaijan and Turkmenistan – are likely to join the trade deal by yearend. The parliaments of these eight countries need to ratify the agreement before it becomes effective in 2012. While Russian Prime [...] Continue Reading…
Iran, North Korea cloud Obama, Lee interaction with press
Tejinder Singh – AHN News Correspondent
Washington, D.C., United States (AHN) – President Barack Obama on Thursday shelved his policy of diplomatic negotiations as he noted his administration’s goal to make “sure that they (Iranians) pay a price,” while seeking to “isolate” Iran — not only over the alleged assassination plot, but over its nuclear program and ties to terrorism. Addressing a joint press conference with visiting South Korean president Lee Myung Bak at the White House, Obama refused to say explicitly whether he believed Iran’s leaders knew about a plot to assassinate the Saudi Arabian ambassador in Washington, but the Iranians should be held accountable in any event, [...] Continue Reading…
State Department connects diplomacy abroad with domestic job creation
Tejinder Singh – AHN News Correspondent
Washington, D.C., United States (AHN) – The top U.S. diplomat on Tuesday urged American companies to get involved in the umpteen opportunities emerging across the world to boost jobs at home while cautioning the lawmakers that trimming budget of diplomacy would risk cutting domestic jobs. Addressing a select audience of business leaders from around the nation at the U.S. Global Leadership Coalition in Washington, Secretary of State Hillary Clinton urged American companies to “roll up their sleeves, get out there and engage with the economic opportunities that are emerging across the world.” Citing her “two and a half years as your secretary [...] Continue Reading…
Raising debt ceiling U.S. avoids “default”; Obama urges Congress to nod trade deals
Tejinder Singh – AHN News Correspondent
Washington, D.C., United States (AHN) – The United States avoided the dreaded scenario of “default” on Tuesday and ended weeks of political circus in Washington as both Congress and the Senate passed the required bill raising the debt ceiling of the country allowing the U.S. Treasury to immediately borrow billions of dollars. The legislations allows for more borrowing later but also aims to reduce the nation’s $14.3 trillion deficit by more than two trillion dollars over 10 years but the concern of rating agencies was still unclear leaving the chances of a downgrade for American credit rating open. The White House announced [...] Continue Reading…
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U.S. signs antitrust cooperation agreement with Chile
Tejinder Singh – AHN News Correspondent
Washington, DC, United States (AHN) – The United States on Thursday signed a cooperation agreement with Chile to enable antitrust agencies in the two countries to improve their law enforcement relationships. “Chile has one of the most advanced antitrust systems in Latin America,” said FTC Chairman Jon Leibowitz in a statement after the signature ceremony, adding, “They are natural partners for us, and I’m pleased that we can formalize and strengthen the great relationship we have with them.” Leibowitz signed the agreement with Felipe Irarrázabal, Chile’s national economic prosecutor. Christine Varney, assistant attorney general in charge of the U.S. Department of Justice’s [...] Continue Reading…
U.S. signs antitrust cooperation agreement with Chile
Tejinder Singh – AHN News Correspondent
Washington, DC, United States (AHN) – The United States on Thursday signed a cooperation agreement with Chile to enable antitrust agencies in the two countries to improve their law enforcement relationships. “Chile has one of the most advanced antitrust systems in Latin America,” said FTC Chairman Jon Leibowitz in a statement after the signature ceremony, adding, “They are natural partners for us, and I’m pleased that we can formalize and strengthen the great relationship we have with them.” Leibowitz signed the agreement with Felipe Irarrázabal, Chile’s national economic prosecutor. Christine Varney, assistant attorney general in charge of the U.S. Department of Justice’s [...] Continue Reading…
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