India,
Malaysia hold joint naval exercise
KUALA LUMPUR, May 3: India and Malaysia
today held a joint naval exercise here
marking the 50th anniversary of their
diplomatic ties, with Navy vessels from
the two countries staging live-fire
drills.
Usually
live firing is not part of a joint
passage exercise but the fact that Indian
naval ships INS Kora and INS Kirpan and
Malaysian Royal Navys KD Amin and
KD Nadim staged the drill shows the close
friendship and strong maritime ties
between the two countries, official
sources said.
Both the
Indian ships are missile corvettes which
arrived in Malaysia on April 29. The
joint exercise is being held on the
waters of Malacca Straits and on its
conclusion INS Kora and INS Kirpan will
head to Port Blair.
The two
Indian ships were docked at the Royal
Malaysian Naval Base at Lumut in Perak
State.
Exchange
of goodwill visits by naval ships of
India and Malaysia to each others
ports has traditionally been an important
component of friendly relations between
the two countries, the sources added.
During the
visit, the personnel of Indian Navy also
held professional interactions and sports
exchanges with their counterparts in the
Royal Malaysian Navy.
They
undertook community service at Sekolah
Semangat Maju, Setiawan-a school for
special children. (PTI)
Bush
links high food prices to demand
in countries like India
WASHINGTON, May 3: Prosperity in
countries like India is "good"
but it triggers increased demand for
"better nutrition" which in
turn leads to higher food prices, US
President George W Bush said.
The
comments come close on the heels of US
Secretary of State Condoleezza
Rices controversial statement that
"apparent improvement" in the
diets of people in India and China and
consequent food export caps is among the
causes of the current global food crisis.
At an
interactive session on economy in
Missouri, Bush argued that there are many
factors for the present crisis, only one
of which was investment on biofuels like
ethanol.
"Worldwide
there is increasing demand. There turns
out to be prosperity in developing world,
which is good. Its going to be good
for you because youll be selling
products in the countries, you know, big
countries perhaps, and its hard to
sell products into countries that
arent prosperous. In other words,
the more prosperous the world is, the
more opportunity there is," the US
President said.
"It
also, however, increases demand. So, for
example, just as an interesting thought
for you, there are 350 million people in
India who are classified as middle class.
Thats bigger than America. Their
middle class is larger than our entire
population.
"And
when you start getting wealth, you start
demanding better nutrition and better
food, and so demand is high, and that
causes the price to go up," he said.
Bush also
listed change in weather patterns and
increase in basic costs like that of
energy as factors contributing to higher
food prices.
"No
question that ethanol has had a part of
it. But I simply do not subscribe to the
notion that it is the main cost driver
for your food going up," Bush said.
Several
international experts have in recent days
held biofuels, until recently cast as a
miracle alternative to polluting fossil
fuels, for being responsible for usurping
arable land and distorting world food
prices.
"Actually,
the reason why food prices are high now
is because, one, energy costs are high,
and if youre a farmer, youre
going to pass on your cost of energy in
the products you sell, otherwise
youd go broke.
"And
when youre paying more for your
diesel, paying more for your fertiliser
because its got a lot of, you know,
natural gas in it, in other words, when
your basic costs are going up, so does
the cost of food," Bush said.
He said
there are two aspects of rising food
prices-its effect on US citizens and the
fact that there is a food scarcity in the
world.
"We
dont have a scarcity issue in
America...We got a price issue. Our
shelves arent going empty,
its just costing more money,"
Bush said.
"There
is scarcity in the world, and I happen to
believe when we find people who
cant find food we ought to help
them find it," he said adding,
"America is by far the most generous
nation when it comes to helping the
hungry."
"Were
an unbelievably compassionate
nation," he said.
"I
think we ought to change our food policy
in Africa and other developing
countries...Buying food directly from
farmers as opposed to giving people food.
I think we ought to be saying, Why
dont we help you be able to deal
with scarcity by encouraging your farmers
to grow and be efficient growers?
Otherwise, were going to be in this
cycle forever."
Meanwhile,
the head of the cash-strapped United
Nations World Food Programme (WFP) has
welcomed Bush asking the US Congress to
provide an additional 770 million dollars
for food aid and development work and his
call for urgent action to combat the
advance of hunger among worlds most
vulnerable following steep spurt in the
price of food.
Josette
Sheeran, Executive Director of WFP, said
that "urgent consideration by the US
Congress will help prevent wide-scale
human suffering due to soaring food
prices."
"Today,
for those living on less than USD 1 a
day, the impact of soaring food prices is
catastrophic," she said as experts
warned that rising prices could push an
additional 100 million people into
hunger.
The
President of the World Bank which
provides funding for development around
the globe, also welcomed the announcement
by Bush.
"These
funds will help put food in the mouths of
millions of people who are struggling to
survive as prices rise," Robert B
Zoellick said.
"Importantly,
US action goes beyond the critical
short-term needs and aims to deal with
the causes of the crisis so millions will
not suffer again."
Zoellick
also welcomed the fact that the
announcement came after Secretary-General
Ban Ki-moon had assembled an
international task force to tackle the
global food crisis.
"By
combining emergency support for the
neediest, with support for agricultural
production, and international action on
trade, the US package takes us closer to
the integrated international response
needed to build sustainable
solutions," he said. (PTI)
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