Dear all,
Welcome.
UN Conference: The Confederation of Indian Industries (CII) had called for increase in second term's committment & target setting for Carbon emission in regard to the Kyoto Protocol. It had also asked for conversion of principles(QELRO) for reduction in emission. It is to note that Kyoto Protocol is the only binding legal mechanism that seeks to ensure reduction in GHGs emission by developed countries.
UN Conference for Climate change at Doha is started from November 26 & would continue uptil December 7. The past week witnessed no progress. The clarity about the source of funding for financial aid to developing countries & Kyoto protocol may have important decisions during the meeting.
The various governments have expressed committments for development of systems for implementation of decisions regarding committments made during Durban conference 2011. It is clear that Doha conference would add impetus to a new chapter in International Climate change discussion.
Navy Day: Today is Indian Navy day. The modernisation of Chinese Navy had raised alarms of neighbouring countries. The Navy chief told that India would protect it's interests in South China sea, even if it meant deployment of military. The Oil & gas exploration along with free transportation is a major cause for India's concern.
It is to note that diplomatic relations with China are tense as Indian PSU, ONGC, acquired stakes in the Vietnam's southern coast Oil & gas blocks. China claims South China sea's resources & is increasing its military's presence. Also, Phillipines, Malaysia, Vietnam & Singapore are claiming their stakes in the region.
The traffic in South China sea is less but if trade interests compel, the govt.'s approval would be needed to reach there. Upon being asked as to how Indian Navy would tackle Chinese Navy, Admiral Chief told that the retaliation would be as per the rules. If self defence is needed, there are some alternatives. China is again vying for developing Dong feng category missiles for targeting aircraft carrier for which he told that India is also acquiring similar resistive capability.
The biggest concern is the Communist country's recent media news, which states that as per new rules, effective from January 1, Chinese Henan provincial Police would have rights to control & confiscate foreign ships entering into the Chinese territorial waters.
With regards,
M.K.Pachraiya
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