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Thursday, April 11, 2024

Full text of Japanese Prime Minister Kishida's speech to U.S. Congress

Full text of Japanese Prime Minister Kishida's speech to U.S. Congress

Leader stresses that Japan has stepped up as a global partner

The following is the full text of Japanese Prime Minister Fumio Kishida's speech at the U.S. Congress on Thursday.

1. Introduction

Mr. Speaker, Madam Vice President, Honorable Members of the United States Congress, Distinguished Guests, Ladies and Gentlemen, Thank you, I never get such nice applause from the Japanese Diet.

And let me introduce my wife, Yuko, who is in the gallery. The fact that I married Yuko should give you great confidence in all my decisions.

I am truly honored to speak here in this citadel of democracy and before you, the representatives of the American people.

Nine years ago, the late Prime Minister Abe, who was a close friend of mine, stood in this very spot and gave an address titled "Toward an Alliance of Hope." I was Foreign Minister in his Cabinet at that time, and I was deeply struck to witness the bond between our two countries.

Since childhood, I have felt a connection to the United States, perhaps because I spent my first three years of elementary school at PS 20 and PS 13 in Queens, New York. Even though I was the only Japanese student there, my classmates kindly accepted me and helped me immerse myself in a new culture.

We arrived in the fall of 1963, and for several years my family lived like Americans. My father would take the subway to Manhattan where he worked as a trade official. We rooted for the Mets and the Yankees, and ate hot dogs at Coney Island. On vacation, we would go to Niagara Falls or here to Washington, D.C.

And I remember things that were strange and funny to a little Japanese boy, like watching the Flintstones. I still miss that show. Although I could never translate "yabba dabba doo."

After 60 years, I have a message for the good people of Queens. Thank you for making my family and me feel so welcome. I have never forgotten it.

So, I speak to you today as a long and close friend of the United States. I know that the National Park Service is undertaking a rehabilitation project in the Tidal Basin.

As a gesture of friendship, Japan will provide 250 cherry trees that will be planted there, in anticipation of the 250th anniversary of your independence.

2. The leadership of the United States

As you might also remember, the 1964 World's Fair was held in Queens. Its symbol was a giant Unisphere, and the fair's theme was "Peace Through Understanding." And yet we also know that peace requires more than understanding. It requires resolve.

The U.S. shaped the international order in the postwar world through economic, diplomatic, military, and technological power. It championed freedom and democracy. It encouraged the stability and prosperity of nations, including Japan. And, when necessary, it made noble sacrifices to fulfill its commitment to a better world.

The United States policy was based on the premise that humanity does not want to live oppressed by an authoritarian state, where you are tracked and surveilled and denied from expressing what is in your heart and on your mind.

You believed that freedom is the oxygen of humanity. The world needs the United States to continue playing this pivotal role in the affairs of nations. And yet, as we meet here today, I detect an undercurrent of self-doubt among some Americans about what your role in the world should be.

3. New Challenges

This self-doubt is arising at a time when our world is at history's turning point. The post-Cold War era is already behind us, and we are now at an inflection point that will define the next stage of human history.

The international order that the U.S. worked for generations to build is facing new challenges, challenges from those with values and principles very different from ours.

Freedom and democracy are currently under threat around the globe. Climate change has caused natural disasters, poverty, and displacement on a global scale. In the COVID-19 pandemic, all humanity suffered.

Rapid advances in AI technology have resulted in a battle over the soul of AI that is raging between its promise and its perils. The balance of economic power is shifting. The Global South plays a greater role in responding to challenges and opportunities and calls for a larger voice.

Turning to Japan's own neighborhood, China's current external stance and military actions present an unprecedented and the greatest strategic challenge, not only to the peace and security of Japan but to the peace and stability of the international community at large.

While such a challenge from China continues, our commitment to upholding a free and open international order based on the rule of law, as well as peace, will continue to be the defining agenda going forward.

As a Hiroshima native, I have devoted my political career to bringing about a world without nuclear weapons. For years, I have worked to revitalize the Non-Proliferation Treaty regime so that we can gain momentum in pursuit of the aspiration. But there exists an imminent danger of nuclear weapons proliferation in East Asia. North Korea's nuclear and missile program is a direct threat. The issue of abductions by North Korea remains a critical issue.

North Korea's provocations have impact beyond the region. It has also exported its ballistic missiles to support Russia's war of aggression against Ukraine, greatly increasing the suffering of the Ukrainian people. Russia's unprovoked, unjust, and brutal war of aggression against Ukraine has entered its third year. As I often say, Ukraine of today may be East Asia of tomorrow. 

Furthermore, Russia continues to threaten the use of nuclear weapons, which has contributed to worldwide concern that yet another catastrophe by nuclear weapon use is a real possibility. In this reality, close coordination between Japan and the U.S. is required more than ever to ensure that the deterrence our Alliance provides remains credible and resilient.

New forms of oppression are being imposed on the world. Freedom is being suppressed through digital technologies. Social media is censored, monitored, and controlled.

There are growing cases of economic coercion and the so-called "debt trap" diplomacy, whereby the economic dependency of nations is exploited and weaponized.

Facing such rapidly changing pressures, how do we continue to safeguard our common values?

4. Global Partners

I want to address those Americans who feel the loneliness and exhaustion of being the country that has upheld the international order almost singlehandedly.

I understand it is a heavy burden to carry such hopes on your shoulders.

Although the world looks to your leadership, the U.S. should not be expected to do it all, unaided and on your own.

Yes, the leadership of the United States is indispensable.

Without U.S. support, how long before the hopes of Ukraine would collapse under the onslaught from Moscow?

Without the presence of the United States, how long before the Indo-Pacific would face even harsher realities?

Ladies and gentlemen, as the United States' closest friend, tomodachi, the people of Japan are with you, side by side, to assure the survival of liberty. Not just for our people, but for all people.

I am not saying this out of my strong attachment to America. I am an idealist but a realist, too. The defense of freedom, democracy, and the rule of law is the national interest of Japan.

The Japanese people are fully committed to these values. I do not want to leave our children a society where human rights are suppressed, where political self-determination is denied, where our lives are monitored by digital technology. I know you don't either.

Upholding these values is both a cause and a benefit for our two countries as well as for the generations to come across the world.

Right now, Japanese and U.S. service members are working side by side to deter aggression and ensure peace.

I admire them, I thank them, and I know I speak for all of us when I say -- they have the gratitude of both our nations.

On the spaceship called "Freedom and Democracy," Japan is proud to be your shipmate. We are on deck, we are on task. And we are ready to do what is necessary.

The democratic nations of the world must have all hands on deck. I am here to say that Japan is already standing shoulder to shoulder with the United States.

You are not alone. We are with you.

Japan has changed over the years. We have transformed ourselves from a reticent ally, recovering from the devastation of World War II, to a strong, committed ally, looking outward to the world.

Japan has transformed its national security strategy. Uncertainty about the future stability of the Indo-Pacific region caused us to change our policies and our very mindset. I myself have stood at the forefront in making our bilateral alliance even stronger.

In 2022, we announced that we would secure a substantial increase of our defense budget by FY 2027 to 2% of GDP, possess counterstrike capabilities, and improve cybersecurity. Today, the deterrence that our Alliance provides is stronger than ever, bolstered by U.S. extended deterrence for Japan.

Japan has taken strong sanctions against Russia in the wake of its aggression against Ukraine. We have announced over $12 billion in aid to Ukraine, including anti-drone detection systems. This is part of NATO's aid package, and yes, we are even working with NATO on the other side of the world from us.

I might add that in February, to help a devastated Ukraine get through these agonizing times, I hosted the conference for Ukraine's economic growth and reconstruction. Japan will continue to stand with Ukraine.

As the geopolitical landscape changed and as Japan grew in confidence, we expanded our outlook beyond that of being America's closest ally. We first became a regional partner of the United States, and now we have become your global partner. Never has our relationship been so close, our vision and approach so united.

Today, our partnership goes beyond the bilateral. Examples include trilateral and quadrilateral cooperation among the U.S., Japan, the Republic of Korea, Australia, India, and the Philippines as well as cooperation through the G7 and with ASEAN. The three leaders of the U.S., the Republic of Korea and Japan convened at Camp David last summer to inaugurate a new era of our partnership.

From these various endeavors emerges a multilayered regional framework where our Alliance serves as a force multiplier. And, together with these like-minded countries, we are working to realize a Free and Open Indo-Pacific.

Here in this chamber, we should have strong bipartisan support for these efforts.

Japan believes in U.S. leadership, and we also believe in the U.S. economy. Japan is the number one foreign direct investor in the United States. Japanese companies have invested around $800 billion, creating almost one million American jobs. These are good jobs with half a million jobs in the manufacturing sector alone.

At home, I am embarking on a set of initiatives called a New Form of Capitalism to drive the Japanese economy. The public and private sectors are joining hands to transform the social challenges we face into engines of growth. Wage increases, capital investment, stock prices -- all have attained levels not seen for thirty years. The Japanese economy is now making strides by capitalizing on these unprecedented and major changes. A growth-oriented Japanese economy should also spur even greater investment in the United States.

And we can then help boost the global economy to steer it toward a strong growth trajectory in the years to come. Just yesterday, President Biden and I demonstrated our commitment to leading the world on the development of the next generation of emerging technologies, such as AI, quantum, semiconductors, biotechnology, and clean energy.

And the scope of our bilateral cooperation expands to space as well, illuminating our path toward a brighter and more hopeful tomorrow. The TV broadcast of Apollo 11's lunar landing in 1969 is still seared into my memory. Japan's lunar lander mission in January achieved the first pinpoint landing in history. 

Yesterday, President Biden and I announced that a Japanese national will be the first non-American astronaut to land on the Moon on a future Artemis mission.

We have two astronauts with us today. Would Mr. Hoshide and Mr. Tani please stand?

Mr. Akihiko Hoshide has flown to space three times and served as commander of the International Space Station for five months in 2021.

Next to him, is Mr. Daniel Tani. He is a retired Japanese American astronaut who has conducted six spacewalks and in his two missions logged over 50 million miles.

Which is a lot of frequent-flyer points. Mr. Hoshide and Mr. Tani are living symbols of our collaboration in space, and we will have many more such collaborations in the future. Thank you, gentlemen. 

5. Conclusion

Let me close with this final thought. I want you to know how seriously Japan takes its role as the United States' closest ally.

Together we carry a large responsibility. I believe that we are essential to peace, vital to freedom, and fundamental to prosperity.

Bonded by our beliefs, I pledge to you Japan's firm alliance and enduring friendship.

"Global Partners for the Future." -- We are your global partner today, and we will be your global partner in the years ahead.

Thank you for inviting me, thank you for your hospitality, and thank you for the role you play in the world.⍐

Wednesday, April 10, 2024

U.N. climate chief says two years to save the planet


United Nations Framework Convention on
Climate Change, Executive Secretary
Simon Stiell

U.N. climate chief says two years to save the planet


By Kate Abnett and Simon Jessop
Reuters April 10, 2024

LONDON/BRUSSELS, April 10 (Reuters) - Governments, business leaders and development banks have two years to take action to avert far worse climate change, the U.N.'s climate chief said on Wednesday, in a speech that warned global warming is slipping down politicians' agendas.

Scientists say halving climate-damaging greenhouse gas emissions by 2030 is crucial to stop a rise in temperatures of more than 1.5 Celsius that would unleash more extreme weather and heat.

Yet last year, the world's energy-related CO2 emissions increased to a record high. Current commitments to fight climate change would barely cut global emissions at all by 2030.

Simon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change said the next two years are "essential in saving our planet".

ENB Poster

"We still have a chance to make greenhouse gas emissions tumble, with a new generation of national climate plans. But we need these stronger plans, now," he said.
Speaking at an event at the Chatham House think-tank in London, Stiell said the Group of 20 leading economic powers - together, responsible for 80% of global emissions - urgently needed to step up.

The main task for this year's U.N. climate negotiations in Baku, Azerbaijan, is for countries to agree a new target for climate finance to support developing countries struggling to invest in shifting away from fossil fuels and fighting climate change.

U.N. climate summits have swelled in size in recent years, with thousands of lobbyists and business representatives attending alongside the government delegations directly involved in the negotiations.

Nearly 84,000 people attended last year's COP28 summit in Dubai, drawing criticism from campaigners after more than 2,000 fossil fuel lobbyists registered to attend.

Stiell said he would like to see future COP meetings reduced in size, while prioritising strong negotiation outcomes. He said he was in talks with Azerbaijan and Brazil - host of the next two U.N. climate summits - about this.

He called for more climate finance to be raised through debt relief, cheaper financing for poorer countries, new sources of international finance such as a tax on shipping emissions, and reforms at the World Bank and International Monetary Fund.

"Every day finance ministers, CEOs, investors, and climate bankers and development bankers, direct trillions of dollars. It's time to shift those dollars," Stiell said.

In a bumper year for elections around the world - with voters going to the polls from India, to South Africa and the United States - Stiell warned too often climate action was "slipping down cabinet agendas".

Politicians from Republican frontrunner Donald Trump in the United States, to far-right parties seeking gains in the EU's upcoming election, have pushed back on climate policies as they court voters.⍐

Monday, April 08, 2024

ICJ to hear Nicaragua case against Germany for ‘facilitating Gaza genocide’

 

Protesters take part in a pro-Palestinian demonstration in Berlin in early April, amid the ongoing conflict between Israel and Hamas [File: Lisi Niesner/Reuters]

ICJ to hear Nicaragua case against Germany for ‘facilitating Gaza genocide’

International Court of Justice urged to stop Berlin from providing Israel with weapons and other aid in its deadly military operation in Gaza.

AJ 8 Apr 2024


Germany is facing charges at the top United Nations court for allegedly “facilitating the commission of genocide” against Palestinians in Gaza in coordination with its military and political ally, Israel.


Nicaragua will set out its case on Monday, with Germany due to respond the following day.


Nicaragua has hauled Germany before the International Court of Justice (ICJ), demanding judges impose emergency measures to stop Berlin from providing Israel with weapons and other assistance.


Germany has hit back at the allegations, with Sebastian Fischer, spokesman for the German Federal Foreign Office, telling reporters in advance of the hearings: “We reject the allegations from Nicaragua.”


“Germany has violated neither the Genocide Convention nor international humanitarian law, and we will demonstrate this in full before the International Court of Justice,” added Fischer.


In a 43-page submission to the court, Nicaragua argues that Germany is in breach of the 1948 UN Genocide Convention, set up in the wake of the Holocaust.


“By sending military equipment and now defunding UNRWA [UN agency for Palestinian refugees] … Germany is facilitating the commission of genocide,” says the submission.


‘Imperative and urgent’


“Germany’s failure is all the more reprehensible with respect to Israel given that Germany has a self-proclaimed privileged relationship with it, which would enable it to usefully influence its conduct,” added Nicaragua.


Nicaragua asked the ICJ to decide “provisional measures” – emergency orders imposed while the court considers the broader case.


It is “imperative and urgent” the court orders such measures given that the lives of “hundreds of thousands of people” are at stake, runs the Nicaraguan case.


The ICJ was set up to rule in disputes between nations and has become a key player in the war between Israel and Hamas that erupted after the October 7 attacks.


In a separate case, South Africa has accused Israel of perpetrating genocide in the Gaza Strip, charges Israel vehemently denies.


In that case, the court ordered Israel to do everything in its power to prevent genocidal acts and recently toughened its stance, ordering additional measures obliging Israel to step up access to humanitarian aid.


The court’s rulings are binding but it lacks an enforcement mechanism – for example, it has ordered Russia to stop its invasion of Ukraine, to no avail.


Nicaragua has requested five provisional measures, including that Germany “immediately suspend its aid to Israel, in particular its military assistance, including military equipment”.


It also calls on the court to order Germany to “reverse its decision to suspend the funding of UNRWA.”


Germany said in January it was halting funding pending an inquiry into Israeli accusations that several UNRWA staff members took part in the October 7 assault.


Nicaragua said in its submission that “it could be comprehensible” that Germany would support an “appropriate reaction” by ally Israel to the October Hamas attacks.


The bloodiest-ever Gaza war began with Hamas’s unprecedented October 7 attack on Israel that resulted in the deaths of 1,139 Israelis and foreigners, most of them civilians.


Israel has killed at least 33,175 people since then, including more than 13,800 children, according to Gaza’s Ministry of Health.

Sunday, April 07, 2024

Sri Lanka: $12Billion debt talk with global investors


Global investors and Sri Lanka officials expect to hold a second round of talks aimed at restructuring $12 billion in defaulted global bonds later this month, according to people familiar with the matter.

A group of bondholders, known as a steering committee, and government representatives came away from a first round of negotiations in Europe in late March without a deal. They plan to continue the discussions around the International Monetary Fund’s spring meetings in Washington DC, which start April 15, said the people, who asked not to be identified as the discussions are private. They didn’t disclose details of the proposal that’s under consideration.

Representatives for the central bank, treasury secretary and bondholder committee didn’t respond to messages seeking comment Friday.


A deal with private investors is among the last steps in Sri Lanka’s plan to overhaul $27 billion of foreign debt, including bonds and loans. The restructuring is critical to ensure financing from the IMF bailout keeps flowing. The government has already struck deals with official creditors, including China, India and the Paris Club as well as with holders of its local debt.

Dollar bonds due in 2030, which are among the most liquid, have gained about 9 cents this year to trade around 59 cents on the dollar, according to indicative pricing compiled by Bloomberg.

Government officials and global bondholders have discussed the issuance of macro-linked bonds as part of the restructuring. Those securities, which link bond pay outs to the performance of Sri Lanka’s gross domestic product, were discussed during the first round of talks, the people said.

Advisers for bondholders, led by Rothschild & Co., are holding parallel discussions with members of the Paris Club to make them aware of its proposals. It’s an attempt to avoid the type of last-minute objections from the official creditors that have delayed other restructurings recently, including in Zambia, the people said.⍐

Saturday, April 06, 2024

Thousands of Israelis protest against government, urging captive deal

 

Local media reported demonstrations taking place in 50 locations across the country amid anger at Netanyahu’s government.
AJ 6 Apr 2024

Thousands of Israeli anti government protesters have gathered in Tel Aviv, among other parts of the country, to call on the government to reach a deal to free dozens of captives held by the Hamas group in Gaza and to hold early elections.

The demonstrators shouted slogans late on Saturday, expressing anger at Benjamin Netanyahu’s government for its inability to secure the release of the captives after six months of fighting.

Israeli media reported scenes of confrontations between security forces and protesters in Tel Aviv, where demonstrators reportedly started several fires, before they were quickly put out by the police.

People chanted “Police, police who exactly are you guarding?”, and “Ben-Gvir is a terrorist”, referring to Israel’s minister of national security, the Haaretz newspaper reported.

The protest organisers quoted by local media said rallies were taking place at about 50 other locations nationwide in addition to Tel Aviv.

Such Saturday protests have become a regular occurrence in Tel Aviv and other parts of the country, since the early months of the war that began on October 7.

The latest demonstrations come as ceasefire negotiations – which include discussions about the release of the captives – are set to take place in Cairo. The talks are being mediated by Qatar, Egypt and the United States.

Al Jazeera’s Imran Khan, reporting from Tel Aviv, said that two different rallies had merged on Saturday, and the huge turnout of protesters was likely to put a lot of pressure on Netanyahu.

“The ‘Bring Them Home Campaign’ now joined the anti government protesters,” he said.

“The former is the advocacy group for the hostages. For six months, they have been demanding the prime minister to release the Palestinian political prisoners and in turn, get the hostages back.

“Now, they are saying enough is enough. It has been six months and nothing has happened in terms of getting the majority of people out,” our correspondent added.

“All the speeches we heard tonight had two key messages: Netanyahu failed and the hostages have to come home now.”

Organisers of the anti government protests in Tel Aviv say that 100,000 people participated in the demonstrations, according to the Israeli media.

Israel declared war on Gaza after Hamas carried out a deadly attack on October 7, killing some 1,200 people and taking more than 200 others captive. More than 100 have since been released, but others remain captive in Gaza.

Netanyahu launched Israel’s relentless war on Gaza in the aftermath of Hamas’s attack.

In the last six months, at least 33,137 Palestinians have been killed and 75,815 wounded in Israeli attacks on the strip – with starvation and famine reported in particular in the north of the enclave due to lack of international aid access.

Israel said on Saturday its special forces had recovered the body of a captive killed in Gaza.

A new round of indirect truce negotiations is expected to begin in Cairo on Sunday. CIA Director Bill Burns will attend the talks along with his Egyptian counterpart. A representative from Hamas will also attend, the group said on Saturday. The Israeli side has not yet said whether it would send a delegation to the talks.

SOURCE: AL JAZEERA 

Sri Lanka not interested in discussing Katchatheevu - FM Sabry

 

Katchatheevu row internal political debate, dispute settled 50 years ago, says Sri Lankan FM

Maktoobmedia.com April 4, 2024

After a week of silence, Sri Lankan Foreign Minister Ali Sabry said on Wednesday that the political row over Katchatheevu happening in India was an internal political debate about something that was settled 50 years ago and there is no need to to revisit it.

“There is no controversy. They are having an internal political debate about who is responsible. Other than that, no one is talking about claiming Katchatheevu,” said Sabry. This is the first official reaction by Sri Lanka to the row in India.

Last week, Indian Prime Minister Narendra Modi sparked the debate with a post on X over the issue of ‘ceding’ Katchatheevu Island to Sri Lanka in 1974.

“Eye-opening and startling! New facts reveal how Congress callously gave away Katchatheevu….” Modi wrote on 31 March.

Sri Lanka not interested in discussing Katchatheevu - FM Sabry

Tamil Guardian 05 April 2024

Days following Indian Prime Minister Narendra Modi's revival of a decades-old dispute surrounding Katchatheevu island, Sri Lanka has responded stating it has no intention to entertain further discussions on the matter.

In a recent statement to a local television network, Sri Lanka’s Foreign Minister Ali Sabry emphasised that Sri Lanka sees no grounds for reopening talks on Katchatheevu, an island ceded to Sri Lanka by India half a century ago. "This is a matter that was discussed and resolved 50 years ago, and there is no need for further deliberations on this issue," he remarked. This assertion marks the first official response from Sri Lanka since the release of documents pertaining to the island's transfer entered the public domain.

A former Sri Lankan envoy to India Austin Fernando said the BJP may have invoked a “vote-puller” but it would be difficult for the Indian government to step back after the elections. 

Fernando speaking to The Indian Express said if the Indian government crosses the Sri Lankan maritime international boundary line, it would be seen as a “violation of Sri Lankan sovereignty”, as he recalled Sri Lankan President Ranasinghe Premadasa’s statements on the Indian Peacekeeping Force in late 1980s.

“If Pakistan proposes such sea encroachment near Goa will India tolerate it? Or if Bangladesh does something like this in the Bay of Bengal, what will be India’s response?,” said Fernando, who was Sri Lankan High Commissioner to India between 2018 and 2020. “BJP does not have much of a hold in Tamil Nadu comparatively, so it has sparked off a vote-puller.”

Indian Prime Minister Narendra Modi reignited the row around Katchatheevu island, after he labelled the release of documents on the 1974 decision to hand the territory to Sri Lanka “eye opening and startling!”.

“New facts reveal how Congress callously gave away Katchatheevu,” tweeted the Indian Premier. “This has angered every Indian and reaffirmed in people’s minds- we can’t ever trust Congress!”

‘No ground’ for India’s request for return of Kachchatheevu: Minister Douglas

The Morning 05 Apr 2024


The statements coming out of India on “reclaiming” Kachchatheevu island from Sri Lanka have “no ground”, the Sri Lankan Minister of Fisheries Douglas Devananda has said.

The senior Sri Lankan Tamil politician’s comments came days after the Narendra Modi government targeted the Congress and its ally the Dravida Munnetra Kazhagam (DMK) in Tamil Nadu accusing them of overlooking national interests in the ceding of Katchatheevu to Sri Lanka in 1974.

The BJP has also been targeting the two parties for not ensuring the rights of the fishermen wanting to fish in waters around the Katchatheevu island.

“It is the election time in India, it is not unusual to hear such noises of claims and counterclaims about Kachchatheevu,” Devananda told reporters in Jaffna on Thursday, 4 April.

“I think India is acting on its interests to secure this place to ensure Sri Lankan fishermen would not have any access to that area and that Sri Lanka should not claim any rights in that resourceful area”, Devananda said.

The statements on “reclaiming” Kachchatheevu from Sri Lanka’s hold has “no ground,” Devananda has said.

Friday, April 05, 2024

Domestic debt operations part of the debt restructuring, are largely completed-IMF

 

IMF update on agreements with Sri Lanka’s commercial creditors

News Wire April 5, 2024 

The International Monetary Fund (IMF) says there is a strong expectation that agreements with commercial creditors consistent with program parameters will be reached by the completion of Sri Lanka’s second review.

Addressing the IMF’s press briefing, Director of the Communications Department Julie Kozak said the next steps on the debt restructuring are to conclude the negotiations with external commercial creditors and to implement agreements in principle with official creditors.  

Julie Kozak further said that the domestic debt operations part of the debt restructuring, are largely completed.

“On December 12, 2023, the IMF’s Executive Board approved the first review of Sri Lanka’s program with the IMF.  It enabled a disbursement of US$337 million. On March 21, the IMF Staff and the Sri Lankan authorities reached a Staff-Level Agreement on economic policies to conclude the second review, as well as the 2024 Article IV Consultation.  

“Completion of the review by the Executive Board requires, first, the implementation of the prior actions that have been agreed and second, completion of what we call financing assurances review. That review would need to confirm that multilateral partners are continuing their financing contributions to Sri Lanka, and it will also assess progress with debt restructuring and will need to conclude that adequate progress is being made,” she said. 

Julie Kozak also pointed out that macroeconomic policy reforms in Sri Lanka are starting to bear fruit. 

“Commendable outcomes include rapid disinflation, robust reserve accumulation, and initial signs of economic growth while preserving the stability of the financial system.  Public finances have strengthened following substantial fiscal reforms, and it is critical that this reform momentum be continued,” she added.

Julie Kozak made the remarks in response to a question raised regarding an update on the debt restructuring process, including with China state creditors. (NewsWire)⍐

Wednesday, April 03, 2024

INDIA-SRILANKA: Historic Water Boundary

 



Ex-Ambassador to WTO demands disclosure of contents of containers consigned to Colombo aboard ‘Dali’

 ‘Baltimore accident a blessing in disguise as it exposed a crime perpetrated here’


Sri Lanka’s former Ambassador to the World Trade Organization (WTO) Gomi Senadhira yesterday (02) said that the ill-fated Singaporean cargo vessel ‘Dali’ chartered by Maerask wouldn’t have taken on board containers carrying hazardous materials that were to be unloaded here without specific approval from the relevant authorities in Colombo.

Senadhira said that the government without any further delay should take tangible measures to identify those who had authorised the shipment of such dangerous materials. The former official said that the identities of those who had been involved in this operation must have been known to the powers that be.

The government could seek the assistance of the US in this regard, the outspoken former official said. “The issue at hand is how many such shipments reached Colombo over the years,” Senadhira said, pointing out that if not for the vessel crashing into the Francis Scott Key Bridge, Baltimore, on March 26, it could have been on its way to the Colombo harbour.

According to international news agencies, the 21 crew comprised 20 Indians and one Sri Lankan.

A stickler when it comes to following protocol, Senadhira said that the containers appeared to have not been cleared by the Central Environmental Authority (CEA) and the possibility of persons with authority exploiting BoI procedures for their benefit couldn’t be ruled out.

Director Customs Seevali Arukgoda said that Customs has no way of knowing who the consignee is and what the cargo is until the cargo manifest is filed by the agent here. Even then, cargo description is in most cases not sufficient to properly identify such goods. No one will declare contents as “Toxic waste,” the official said, in response to The Island query.

Senadhira served as Sri Lanka’s Ambassador to the World Trade Organisation for a period of three years, beginning 2004 after he held the post of Minister Counsellor in Washington and Brussels, from 1998-2001 and 2001 to 2004, respectively.

He recalled that a few years ago the UK was exposed for shipping to Colombo 263 containers of hazardous waste, including human body parts from hospitals/mortuaries. Those containers were taken back after the exposure, Senadhira said, expressing serious concern whether far more hazardous waste were being shipped here aboard Dali with the connivance of the relevant authorities here.

Senadhira said that he was glad the Opposition raised this issue in Parliament yesterday (02).

Referring to the extensive coverage of the accident and its aftermath, Senadhira said that the crash happened immediately after Dali left Baltimore harbour. The vessel’s next stop was to be Colombo, the former public servant said, adding that prior to Baltimore, the Dali called at New York and Norfolk, Virginia, where some of those containers or all bound for Colombo were loaded.

Senadhira said that he expected the Opposition to go flat out both in and out of Parliament until the government revealed what was going on. Responding to another query, Senadhira said that this was nothing but a massive crime perpetrated on hapless people by those who would turn the country into a toxic waste yard for personal gain.

The vessel carried 4,700 containers. Senadhira said that the Parliament should take up this issue vigorously and seek answers as every attempt would obviously be made to suppress the information by those involved, Senadhira said.

He pointed out that some politicians and officials obviously cooperated with interested parties and reached agreements for their benefit, but at a massive expense to the country. The controversial agreement finalized with Singapore during the Yahapalana administration to accept waste from that country was just a case in point, Senadhira said, urging political parties to seek a consensus on matters of national importance.

The Baltimore accident is a tragedy as it caused colossal damages and claimed the lives of several persons. But, that incident is in a way a blessing in disguise as it exposed a grave crime about to be perpetrated against Sri Lanka, Senadhira said.⍐

Monday, April 01, 2024

Ship Dali was carrying US toxic waste to Sri Lanka: Report


Ship was carrying US toxic waste to Sri Lanka: Report
Daily Mirror 01-04-2024
The Singapore cargo ship Dali chartered by Maersk, which crashed into the Baltimore, US bridge on Tuesday 26 March, was carrying 764 tons of hazardous materials to Sri Lanka,
US media reported. The waste included mostly corrosives, flammables, miscellaneous hazardous materials, and Class-9 hazardous materials, including explosives & lithium-ion batteries – in 56 containers. So says the US National Transportation Safety Board, still ‘analyzing the ship’s manifest to determine what was onboard’ in its other 4,644 containers. 
Prior to Baltimore, the Dali called at New York and Norfolk, Virginia, which has the world’s largest naval base. Colombo was to be its next scheduled call, going around South Africa’s Cape of Good Hope, taking 27 days, scheduled to land just after our New Year. The US National Transportation Safety Board has reported that the ship had been carrying 764 tons of hazardous materials including explosives to SL in 56 containers The ship is being analysed to determine what was aboard its other 4,644 containers US Department of Homeland Security has also deemed the waters near the crash site as ‘unsafe for divers’ According to ee (The e-con e-news), who exactly the toxic materials and fuel were destined for in Sri Lanka is unclear.

The bridge is a ‘designated hazmat route’ for US trucks carrying hazardous materials With wars in West Asia and East Africa, Sri Lanka has become an even more important transit for shipping According to ee, ‘the extremely opaque nature of global ship owning makes finding the ultimate owners and holding them accountable for any violations dif­ficult’. 
The Singapore cargo ship Dali chartered by Maersk, which collapsed the Baltimore, US bridge on March 26, was carrying 764 tons of hazardous materials to Sri Lanka–mostly corrosives, flammables, miscellaneous hazardous materials, and Class9 hazardous materials, including explosives and lithium-ion batteries–in 56 containers. So says the US National Transportation Safety Board, still ‘analysing the ship’s manifest to determine what was onboard’ in its other 4,644 containers. The e-con e-news (ee) reports that prior to Baltimore, the Dali called at New York and Norfolk, Virginia, which has the world’s largest naval base. Colombo was to be its next scheduled call, going around South Africa’s Cape of Good Hope, taking 27 days, scheduled to land just after our New Year. According to ee, Denmark’s Maersk, transporter for the US Department of War, is integral to US military logistics, carrying up to 20% of the world’s merchandise trade annually on a fleet of about 600 vessels, including some of the world’s largest ships. The US Department of Homeland Security has also now deemed the waters near the crash site as ‘unsafe for divers’. An ‘unclassified memo’ from the US Cybersecurity & Infrastructure Security Agency (CISA) says a US Coast Guard team is examining 13 damaged containers, ‘some with Centers for Disease Control & Prevention [CDC] and/or hazardous materials [HAZMAT] contents. The team is also analysing the ship’s manifest to determine if any materials could pose a health risk’. CISA says, officials are also monitoring about 1.8 million gallons of fuel inside Dali for its ‘spill potential’. The ship had a total of 4,700 containers onboard. Who exactly the toxic materials and fuel were destined for in Sri Lanka is not being reported. Also, it is a rather long way for such Hazmat, let alone fuel, to be exported, at least given all the media blather about ‘carbon footprint’, ‘green sustainability’ etc. We can expect only squeaky silence from the usual eco-freaks, who are heavily funded by the US and EU. It also adds to the intrigue of how Sri Lanka was so easily blocked in 2022 from receiving more neighbourly fuel, etc., which led to the present ‘regime change’ machinations. ee has analysed dozens of news stories on the Baltimore crash. No reports in the Sri Lanka media highlight the hazardous materials being carried on the ship. No media reports about who is exporting such toxic waste to Sri Lanka, and who is importing. Instead the US media is attempting to divert attention from Maersk’s involvement. Then again, the media dare not criticise the colonial import-export plantation oligarchy. Yet, there was endless media outragification at alleged contamination in a Chinese ship bringing organic fertiliser to Sri Lanka in May 2021–outrage promoted by English chemical importers to Sri Lanka like ICICIC! According to ee, Maersk’s business partner in Colombo, South Asia Gateway Terminal Ltd. is owned by colonial conglomerate John Keells. Last November 2023, the US International Development Finance Corporation (IDFC) promised a $553 million investment in the Adani Ports-led West Container Terminal port project in Colombo, to be jointly developed with the Sri Lanka Ports Authority (SLPA) and John Keells.
This week saw the US State Department training SL Ports Authority senior staff. In February, Maersk Managing Director Biju Ravi called for Colombo ‘to up its game in terms of swift cargo clearance to increase its transhipment business’! Due to the US and its allies waging wars on West Asia and East Africa, Sri Lanka has become an even more important transit for shipping. The more expensive and longer diversions are blamed by the white media on Yemen–which by ‘international law’–controls access through the Red Sea, and Somalia which has Africa’s largest coastline, and could control eastern access to the large continent.
Maersk also links to Israeli carrier Zim’s ZBA Service through its 2M Alliance with Italy’s Mediterranean Shipping Company (MSC), sharing 185 vessels deployed on their Asiaeurope, trans-pacific and trans-atlantic trades. Singapore-flagged Dali is deployed on Maersk’s Asia-us east coast TP12 loop and MSC’S Empire Service.
US media are also diverting attention from Dali’s cargo by insinuating that dirty fuel may have played a role in the ship losing power and hitting Francis Scott Key Bridge, closing the USA’S 5th-busiest East Coast container port. The bridge is named after the composer of the US National Anthem, ‘Star-spangled Banner’, which begins ‘O say, can you see…’ It is unclear, however, given the massive costs involved, O say, who is allowed to see what!? ee states that it is more unclear which Maersk-linked US companies export toxic materials to Sri Lanka. 
Maersk’s Biju, who wishes ‘swift clearance’, was speaking at an Indian Ocean Strategic Research Centre (IOSRC) collaboration on February 1, to ‘address ensuing challenges and opportunities evolving in the maritime region of the Indian Ocean’. The ‘collaboration’ also included Harikrishshan Sundaram (CEO Colombo West International Terminal), Fredrik Haag (International Maritime Organisation/imo Head of London Convention, Protocol & Ocean Affairs), Chevaan Daniel (Executive Group Director Capital Maharaja Group), and Ruchira Cumaratunga (Professor of Microbiology, Founding Dean, Faculty of Fisheries & Marine Science & Technology).
US trucks carrying Hazmat use this Baltimore bridge, designated as a ‘designated hazmat route’. Meanwhile, US media were also blaming the Baltimore Bridge collapse on a foreign cyber-attack causing the ship to suddenly change course to hit the bridge. Other US media blame ‘immigration’ for the ship’s totally ‘Hindu’ crew, even as it was Baltimore pilots who operate within the harbour. Yet, Asians are used on ships carrying toxic materials over long voyages.
However, the 6 workers killed beneath the collapsing metal, part of a construction crew fixing potholes on the bridge were from Mexico, Guatemala, Honduras, El Salvador employed by US construction company Brawner Builders. The Dali distress signal provided enough time for traffic to be stopped entering the bridge. However, this road repair crew had to remain on the bridge and was not evacuated.
Meanwhile, US politicians in both major parties are ramping up rhetoric against migrants, often fleeing economic and political instability caused by US government action, and encouraged by US industrial recruiting agencies. US President Biden’s recent State of the Union address, included an anti-migrant rant, lamenting the “thousands of people being killed by illegals.”
However, undocumented immigrants are less likely to engage in violent crime than US residents. Baltimore also made other headlines this week as its new $1billion jail for Africans and non-anglo Americans will be Maryland’s ‘most expensive statefunded project in history’ Bloomberg Intelligence says, Maersk may not be liable as the Danish company had no crew onboard and the ship was operated by a charter company. 
‘Maritime insurance will likely cover some of the costs, yet uncertainty around the total liabilities and who will pay for them will likely weigh on Maersk’s spreads in the near term.’ The New York Times adds: ‘Ship ownership structures’ are ‘designed to maximize opacity and minimize accountability. While global companies such as Maersk charter the vessels, the owners and the ship managers are generally responsible for managing the crew and maintaining the ships.
The extremely opaque nature of global ship-owning makes finding the ultimate owners and holding them accountable for any violations dif­ficult. Shipping is the Wild West from a compliance and accountabilit perspective. And when compliance & accountability aren’t priorities, issues like environmental standards, labour practices and health and safety often aren’t either.’
The ship is insured by the Britannia Protection & Indemnity Club, a mutual insurance association, owned by shipping companies. Protection & Indemnity (P&I) clubs are mutual insurance organizations that insure & pool liability for the global shipping industry. About 90% of the world’s ocean-bound cargo is insured by an arm of these International Group of Protection & Indemnity Clubs, which oversee the 12 major mutual insurance associations for ship owners. These International Group of P&I Associations will be hit the hardest, with the group having significant reinsurance coverage, led by Us-owned AXA XL.
The ship’s namesake artist, the fascist Salvador Dali, would have been inspired by this truly surreal example of real capitalist ‘globalisation’.‘⍐


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