Comments & Briefs

Realising the needs of a changing economy and to secure its growth, China’s financial institutions have already started the gradual process of integration. The aim is to learn from the workings of the global financial industry and create competitive global Chinese financial institutions.

Pakistan is the main outlier in negotiations at the Conference on Disarmament over a Fissile Material Cut-off Treaty (FMCT). Its ceaseless quest for parity with India are not likely to meet with success. Meanwhile, nuclear stocks within Pakistan pose a danger to Pakistan itself.

Infrastructure development projects in the North and the Eastern province is undoubtedly important to banish poverty but cannot be a “major part of political solution” as pronounced by President Mahinda Rajapaksa.

The events in Tunisia and Egypt have raised hopes among the people and, on the other hand alarmed the undemocratic and authoritarian Arab rulers. Time has arrived for the rulers to take note of the aspirations of the people.

In the past India has followed a policy of non-intervention in the internal affairs of other countries. However, it cannot shy away from its commitment and support to a peaceful mass movement for political reform.