Posts tagged Trade

Rich Asia Pacific nations rank poorly on development policies

By Neena Bhandari

Sydney, 21.09.2018 (SciDev.Net): The richer Asia-Pacific countries and the US do poorly on the 2018 Commitment to Development Index (CDI), which ranks 27 wealthy countries according to how well their aid, trade, environment and migration policies support low and middle-income countries in poverty alleviation, good governance and security.

Published annually by the Center for Global Development (CGD), the index is based on benefits policies of some members of the OECD’s (Organisation for Economic Co-operation and Development) Development Assistance Committee provide to about five billion people living in poor countries.

New Zealand ranks 13th, the highest ranked Asia Pacific country, Australia 14th, the US 23rd, Japan 24th and South Korea comes last at 27th in the CDI released on 18 September by the CGD, a nonprofit think-tank with offices in London and Washington DC.

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Warming up to Oz

By Neena Bhandari

(Opinion piece in Business Standard): With the “uranium irritant” out of the way, the year ends on a promising note for Australia-India bilateral relationship, setting the momentum for deeper strategic, defence and economic ties.

Once the Julia Gillard Cabinet formally approves uranium sales early next year, negotiations will begin on a bilateral nuclear safeguards treaty. Analysts say it will help fast-track the free trade agreement negotiations between the two countries and also encourage Indian companies to invest in Australian uranium mines.

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New Trade Winds

By Neena Bhandari

(Opinion piece for Business Standard): From cricket and the Commonwealth, India-Australia bilateral ties have moved to embracing commerce. Recent months have seen Indian companies making huge investments in Australian mines and setting up joint ventures to secure the much needed resources for meeting India’s growing energy needs.

The “U” word, as the issue of uranium sales to India is often referred to in diplomatic circles, made front-page headlines and prime time news, and even dominated talkback radio airwaves. So much so that at the visiting US president and Australian prime minister’s joint press conference, one of the questions asked by an Australian journalist was on uranium exports to India to which President Barack Obama replied, “I will watch with interest what is determined.”

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