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International News (6891)

23
March

Jakarta. The United States, Canada and Great Britain denounced China on Monday for what they described as Beijing’s “repressive practices” against Uighur Muslims in Xinjiang.

“We stand united and call for justice for those suffering in Xinjiang,” the three countries foreign ministers said in a joint statement. (Reuters)

22
March

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Jakarta. India plans to offer fresh incentives to companies making electric vehicles (EVs) as part of a broad auto sector scheme it expects to attract $14 billion of investment over five years, according to industry sources and a document seen by Reuters.

The country’s efforts to promote EVs to reduce its oil dependence and cut pollution have been stymied so far by a lack of investment and weak demand, as well as the patchwork nature of existing incentives that vary from state to state.

The new automotive sector scheme, however, has been under discussion since mid-2020 to provide a more focused approach, industry sources close to the matter told Reuters. The plans envisage $8 billion of incentives for carmakers and suppliers over a five-year period to drive large investment in the sector.

Final details of the scheme are expected within a month, but companies will be able to apply for incentives from April 1, the sources said.

Companies will receive 4-7% government cashbacks on the eligible sale and export value of vehicles and components, but for EVs and their components there is an additional 2% as a “growth incentive” to promote electric mobility, according to the draft policy document seen by Reuters.

Elon Musk’s Tesla Inc is already gearing up to enter India while rivals including Ford, Volkswagen and India’s Tata Motors and Mahindra & Mahindra also have plans to invest billions of dollars in EVs to meet stricter global emissions regulations.

Automotive component manufacturers in India must be ready to pivot their product offerings to cater for the shift towards EVs, the document said.

MADE IN INDIA

The automotive incentive scheme is part of India’s broader $27 billion programme to attract manufacturers from the likes of China and Vietnam to capture a bigger share of the global supply chain and exports.

But for new companies entering India, as well as existing automakers, challenges abound.

Steep interest rates and power tariffs, as well as poor infrastructure and high logistics costs, make it costlier for companies to operate in India compared with rivals such as Thailand or Vietnam.

 

“The (new) scheme proposes financial incentives to help overcome these disabilities and make India more competitive,” the draft policy document said, referring to inefficiencies that it said can lead to 5-8% higher costs for manufacturers in India.

The government expects the scheme to bring additional investment of $14 billion, create 5.8 million new jobs and rake in more than $4 billion in total tax revenue over five years.

To benefit from the scheme automakers must meet conditions including minimum global revenue of $1.4 billion. For auto parts makers it is $69 million. The companies must grow by at least 8% each year to qualify for the incentives, which are also linked to the distance between the factory and point of sale.

The document added that existing programmes focus on a large number of companies that lack scale and “are constrained in their ability to invest and undertake the risk required for rapid growth”.

“A change in strategy is needed to focus on promoting firms that have the scale, competitive ability and management capabilities to be automotive champions,” it said. (Reuters)

22
March

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Jakarta. Saudi Arabia presented a new peace initiative on Monday to end the war in Yemen, including a nationwide ceasefire and the reopening of air and sea links, but its Houthi enemies said the offer did not appear to go far enough to lift a blockade.

The initiative, announced by Saudi Foreign Minister Prince Faisal bin Farhan Al Saud, would include the reopening of Sanaa airport, and would allow fuel and food imports through Hodeidah port, both of which are controlled by the Iran-aligned Houthis.

Political negotiations between the Saudi-backed government and the Houthis would be restarted, said the prince, adding that it would take effect as soon as the Yemeni sides agreed to it.

The offer was welcomed by the Saudi-backed Yemeni government in a statement from the foreign ministry based in the southern port of Aden.

 

But the Houthis said the initiative provided “nothing new”, as it still fell short of their demand for a complete lifting of the blockade on Sanaa airport and Hodeidah port.

“We expected that Saudi Arabia would announce an end to the blockade of ports and airports and an initiative to allow in 14 ships that are held by the coalition,” the group’s chief negotiator Mohammed Abdulsalam told Reuters.

“Opening the airports and seaports is a humanitarian right and should not be used as a pressure tool,” he said.

 

Saudi Arabia has been under increasing pressure to put an end to the six-year Yemen conflict since new U.S. President Joe Biden signalled Washington would no longer support Riyadh’s intervention. The conflict, widely seen as a proxy war between Saudi Arabi and Iran, has been stalemated for years while millions of people are on the verge of starvation.

Abdulsalam said the Houthis would continue to talk with the Saudis as well as the United States and mediator Oman to try to reach a peace agreement.

The Houthis have demanded the lifting of an air and sea blockade, which they blame for what the United Nations describes as the world’s worst humanitarian crisis.

 

The Saudi-led coalition has said the port and airport must be restricted to prevent weapons from reaching the Houthis who control the capital and most populous areas.

Monday’s Saudi peace proposal announcement did not specify which routes would be permitted for aircraft flying to Sanaa, or whether food or fuel imports through Hodeidah port would be subject to additional pre-authorisations.

The United Nations has already set up a mechanism in Djibouti to inspect ships before they dock at Hodeidah port, but Saudi-led coalition warships hold up most vessels despite U.N. clearance.

Prince Faisal said tax revenues from the port would go to a joint bank account in Hodeidah’s branch of Yemen’s central bank. That was agreed by both Yemeni sides in Stockholm in 2018, although the Saudi-led coalition had not yet fully endorsed it. (Reuters)

22
March

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Jakarta. India and Pakistan are to hold the first meeting in three years on Tuesday of a commission on water rights from the Indus River in a further sign of rapprochement in relations frozen since 2019 during disputes over Kashmir.

The Permanent Indus Commission, set up in 1960, will meet for two days in New Delhi, according to two Indian officials involved with water issues and Pakistan’s foreign ministry.

Pakistan will raise objections to the technical designs of India’s planned Pakal Dul and Lower Kalnai hydroelectric plants, Pakistani foreign ministry spokesman Zahid Hafeez Chaudhri said.

The Indus River, one of the world’s largest, and its tributaries feed 80 percent of Pakistan’s irrigated agriculture.

The talks are the latest in both nations’ tentative efforts to re-engage after a 2019 suicide bomb in Indian Kashmir that New Delhi blamed on Pakistan-based guerrillas and India’s move later that year to strip Kashmir’s constitutional autonomy.

 

UAE INVOLVED?

Both nations are now focussed on coping with unprecedented economic downturns due to COVID-19.

Bloomberg news agency and Foreign Policy magazine have reported that the United Arab Emirates, with whom both India and Pakistan have close ties, may have played a role in secret efforts to achieve a detente.

Last month, India and Pakistan announced a rare agreement to stop firing on the bitterly-contested Kashmir border, which Bloomberg said was also the result of UAE-brokered talks.

 

There was no immediate comment from India, Pakistan or the UAE to the Bloomberg report out on Monday.

At the water-sharing talks, both sides are expected to try and narrow differences over the hydro-projects, Indian officials said.

One of the Indian officials, who asked to remain unidentified, said the Pakal Dul and Lower Kalnai projects along with a couple of others - which Pakistan is concerned would hurt the flow of water downstream - were in line with the provisions of the treaty.

“We will discuss to allay those objections, we believe in an amicable resolution,” the official said. (Reuters)

22
March

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Jakarta. AstraZeneca said on Monday an independent panel found no higher risks of blood clots from its COVID-19 vaccine in a large U.S. trial, including rare ones in the brain. The shot was 79% effective overall, and 80% effective in the elderly.

Many countries are resuming use of the Anglo-Swedish drugmaker’s vaccine after the European Medicines Agency (EMA) and the World Health Organization (WHO) said the benefits outweighed the risks following investigations into reports of blood clots.

The fresh data comes after a poll on Sunday showed that European trust in the vaccine has plunged after at least 17 countries had suspended or delayed use after reports of hospitalisations with clotting issues and bleeding, while Asia is accelerating inoculations.

U.N. agency WHO, which has urged inoculations continue, said on Friday that more than 20 million doses of the vaccine had been given to Europeans, with over 27 million doses of Covishield, the vaccine by AstraZeneca partner Serum Institute, administered in India.

** Below is a list of countries and regions to resume or start using the vaccine after the investigations, in alphabetical order:

AUSTRALIA:

The pharmaceutical regulator approved on Sunday the local manufacturing of the vaccine by CSL.

BULGARIA:

Resumed inoculations from March 19.

CYPRUS:

Cyprus, which suspended the vaccine on March 15, restarted administering it on March 19.

FRANCE:

Medical regulator approved the resumed use of AstraZeneca’s vaccine on March 19, but said it should only be given to people aged 55 and older.

 

GERMANY:

Resumed administering the AstraZeneca vaccine from March 19.

INDONESIA:

Began using the vaccine on Monday after suspending it last week. But the Food and Drug agency has warned against its use on people with blood clotting disorders.

IRELAND:

Plans to resume rollout of the vaccine in the coming days for all those aged 18 and over, a committee said on March 19, after suspending it on March 14.

ITALY:

Resumed using the vaccine on March 19, and Italians who decline to be inoculated with it will be given an alternative later on.

LATVIA:

Also said it would restart administering the shots.

LITHUANIA:

Restarted administering the vaccine on March 19.

THE NETHERLANDS:

The health minister said on March 18 that the country would resume using the vaccine this week.

 

SOUTH KOREA:

President Moon Jae-in, 68, plans to get the shot on Tuesday after the government said it could be used on older people.

SPAIN:

Will resume administering AstraZeneca’s coronavirus vaccine from Wednesday.

TAIWAN:

Premier Su Tseng-chang got the vaccine on Monday as the island began its immunisation campaign.

THAILAND:

Began use on March 15, with Prime Minister Prayuth Chan-ocha becoming the first to be inoculated, after Thailand delayed rollout the week before.

** Below is a list of countries and regions where suspensions continue for now, in alphabetical order:

AUSTRIA:

Suspended use of one batch of the vaccine on March 7 after the death of one person and the illness of another.

CAMEROON:

Suspended administration of the vaccine it was scheduled to receive on March 20 as part of the global vaccines sharing scheme COVAX, the health ministry said.

 

DENMARK:

Will keep its two-week suspension of the COVID-19 vaccine and decide on its future use this week. Denmark on Saturday reported two cases of serious illness, including one death.

FINLAND:

Suspended use of the vaccine while it investigates two possible cases of blood clots, the Finnish Institute for Health and Welfare said on March 19.

GEORGIA:

Has limited the use of the vaccine after a nurse died of anaphylactic shock, news agency TASS reported on March 19.

ICELAND:

Suspended vaccine use on March 11.

NORWAY:

Health authorities said on March 17 it was too soon to say if the vaccine causes blood clots after halting rollout on March 11.

ROMANIA:

Temporarily stopped vaccinating people with one batch of vaccine on March 11.

SWEDEN:

Needs “a few days” to decide whether to restart using the vaccine, it said on March 19 and will likely make a decision this week. (Reuters)

22
March

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Jakarta. A private company in Pakistan will begin receiving shipments of China’s CanSino Biologics COVID-19 vaccine this week for commercial sale, an official at the company’s local partner told Reuters on Monday.

Pakistan, one of the first countries in the world to allow private imports of COVID-19 vaccines, has already received a batch of the Russian Sputnik vaccine.

“We expect the first 10,000 doses to come on March 25, and 100,000 next month and 200,000 the month after,” said Hassan Abbas, an official of AJ Pharma, CanSino’s local partner, which will be importing the vaccine.

“The issues with pricing have been worked out with the government and now we are waiting for a notification.”

The vaccine’s commercial name will be “Convidecia”, Abbas said, adding that five hospitals that ran its clinical trials will provide its doses for sale.

 

Pakistan is in the process of vaccinating frontline healthcare workers and citizens over the age of 60 free of charge using Sinopharm doses donated by China.

The commercial administration of vaccines is yet to begin as the government settles pricing issues, after reversing its decision to allow uncapped prices.

The government has approved a mechanism to fix open market prices for the vaccines, according to a health ministry summary seen by Reuters.

The summary proposed a price of 8,449 rupees ($54.30) per pack of two injections of the Russian vaccine and 4,225 ($27.15) per injection for the Chinese Convidecia.

 

The prices have been capped on the basis of the approved mechanism, it said.

However, the minister in charge of COVID operations, Asad Umar, told a local TV channel that according to the mechanism, the trade price for an imported vaccine will add 40% mark up in the landed cost, with another 15% for retailers or hospitals.

CanSino Biologics and Pakistan’s Health Minister Faisal Sultan did not immediately respond to requests for comment.

Pakistan is experiencing a sharp rise in COVID-19 infections, reporting on Saturday the highest number of positive cases in a day since July. (Reuters)

22
March

 

 

Jakarta. The Philippines urged China on Sunday to recall more than 200 Chinese boats it said had been spotted at a reef in the South China Sea, saying the presence of the vessels violated its maritime rights as it claims ownership of the area.


Authorities said the Philippines coast guard had reported that about 220 vessels, believed to be manned by Chinese maritime militia personnel, were seen moored at the Whitsun Reef, which Manila calls the Julian Felipe Reef, on March 7.

"We call on the Chinese to stop this incursion and immediately recall these boats violating our maritime rights and encroaching into our sovereign territory," Defence Minister Delfin Lorenzana said.

The Philippine military had conducted air and maritime patrols in the South China Sea to further validate the report, spokesman Marine Major General Edgard Arevalo said, but did not say when.

The military had submitted its findings to other government agencies, and they would be used as basis for taking "appropriate actions not limited to filing diplomatic protests", he said in a statement, without elaborating.

"The (Armed Forces of the Philippines) will not renege from our commitment to protect and defend our maritime interest within the bounds of the law," Arevalo said.

Chinese boats have fished near the reef for a long time, and recently, some have been sheltering in the area due to sea conditions, said China's foreign ministry spokeswoman Hua Chunying on Monday.

"I think this is very normal, and hope all sides can view this rationally," she said at a daily news conference.

Foreign minister Teodoro Locsin, asked whether he would file a diplomatic protest over the boats, told a journalist on Twitter: "Only if the generals tell me. In my watch, foreign policy is the fist in the iron glove of the armed forces."

The vessels are fishing boats believed to be manned by Chinese military-trained personnel, according to Philippines security officials.

The vessels' presence in the area raises concern about overfishing and the destruction of the marine environment, as well as risks to safe navigation, a Philippine cross-government task force said late on Saturday.

An international tribunal invalidated China's claim to 90% of the South China Sea in 2016, but Beijing does not recognise the ruling. China has built islands in the disputed waters in recent years, putting air strips on some of them.

Taiwan, Malaysia, Vietnam, the Philippines and Brunei all claim parts of the sea.

In January, the Philippines protested at a new Chinese law allowing its coast guard to fire on foreign vessels, describing it as a "threat of war".

The United States has repeatedly denounced what it called China's attempts to bully neighbours with competing interests, while Beijing has criticised Washington for what it calls interference in its internal affairs.

The Whitsun Reef is within Manila's exclusive economic zone, the task force said, describing the site as "a large boomerang-shaped shallow coral reef at the northeast of Pagkakaisa Banks and Reefs".

The task force vowed to continue "to peacefully and proactively pursue its initiatives on environmental protection, food security and freedom of navigation" in the South China Sea. (Reuters)

22
March

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Jakarta. Confidence in the safety of AstraZeneca’s COVID-19 vaccine has taken a big hit in Spain, Germany, France and Italy as reports of rare blood clots have been linked to it and many countries briefly stopped using it, poll data showed on Monday.

The polling firm YouGov said it had already found in late February that Europeans were more hesitant about the AstraZeneca vaccine than about those from Pfizer Inc/BioNTech and Moderna Inc, and that the clot concerns had further damaged public perceptions of the AstraZeneca shot’s safety.

At least 13 European countries in the past two weeks stopped administering the AstraZeneca shot, co-developed with scientists at Oxford University, after reports of a small number of blood disorders.

Many resumed its use on Friday after the European Medicines Agency regulator said in a preliminary safety review on Thursday that the vaccine was safe and effective and not linked with a rise in the overall risk of blood clots.

 

EMA did not rule out a possible link, however, with rare cases of blood clots in the brain known as cerebral venous sinus thrombosis (CVST).

YouGov’s poll - which covered about 8,000 people in seven European countries between March 12 and 18 - found that in France, Germany, Spain and Italy, people were now more likely to see the AstraZeneca vaccine as unsafe than as safe.

Some 55% of Germans say it is unsafe, while less than a third think it is safe, the poll showed. In France, where AstraZeneca’s COVID vaccine was already unpopular, 61% of people polled say they now see it as unsafe.

 

In Italy and Spain, most people previously felt the AstraZeneca vaccine was safe - at 54% and 59% respectively - but those rates have fallen to 36% and 38% respectively, in the latest poll.

The survey showed that only in Britain, where the AstraZeneca COVID-19 vaccine has been used in a national rollout since January, have the blood clot concerns had little to no impact on public confidence. The majority of people polled in the UK - 77% - still say the shot is safe. Their trust in it is on a par with Pfizer’s 79% perceived safety rating.

YouGov also said there appeared to be no spillover concerns across the seven European countries polled for the Pfizer and Moderna COVID-19 vaccines, both of which were seen as being as safe as in a poll three weeks ago. (Reuters)

22
March

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Jakarta. New Zealand is set to announce on Monday whether it will open quarantine-free travel to Australians, but Prime Minister Jacinda Ardern indicated that such an arrangement may only be with some Australian states.

Ardern told state broadcaster TVNZ in an interview that initial country-to-country negotiations had turned to state-by-state discussions as the process was taking too long.

“We’ve said: ‘Look, let’s just move state-by-state’ because it’s actually just taking a bit too much work, a bit too difficult,” Ardern said.

 

“Let’s just operate as Australia has been operating with us. That’s helping to speed things up.”

Australia’s border has been mostly open to neighbouring New Zealanders since last October, with a few short suspensions when there were small coronavirus outbreaks in Auckland. But New Zealand has delayed returning the favour amid more frequent bursts of COVID-19 clusters across Australia.

Ardern did not give any details on when such a travel arrangement was expected, but local media have reported it may be operational by the end of April. The prime minister is expected to announce her decision in a post-Cabinet news conference later on Monday.

 

Pressure has been mounting on Ardern’s government to allow Australians entry as the country’s tourism sector struggles without international visitors. The opposition National Party is calling for quarantine-free travel with Australia to start immediately.

Australian Prime Minister Scott Morrison said earlier this month that a two-way travel arrangement was in New Zealand’s hands. (Reuters)

22
March

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Jakarta. The Danish Red Cross has launched a catastrophe bond for volcano-related disasters with the support of several financial firms, the groups said on Monday, adding it was the first of its kind.

The $3 million bond will enable the disaster relief agency to get aid quickly to those suffering following the eruption of 10 named volcanoes, in Cameroon, Chile, Colombia, Ecuador, Guatemala, Indonesia and Mexico.

Catastrophe bonds offer investors high yields, but do not pay out if a named catastrophe occurs. They typically cover areas prone to hurricanes and typhoons.

The Danish Red Cross worked with insurance group Howden, with risk modelling by Mitiga Solutions and blockchain technology from Replexus, the organisations said in a statement.

Initial investors include Plenum Investments, Schroder Investment Management and Solidum Partners. (Reuters)