Comment & Briefs

SAARC has in recent years attracted wide international attention and generated much interest among countries that now hold Observer status. The 15th Summit held in Colombo on August 2 – 3, 2008 renewed its pledge to take SAARC from a declaratory to the implementation stage. Four agreements were signed at the Summit on mutual assistance to address criminal activities, trade, combating terrorism and climate change. The theme of the 41-point Colombo Declaration announced at the end of the Summit was “Partnership for Growth for Our People.”

The low-intensity bombs that blew up in Ahmedabad and Bangalore have thrown light on the challenges before India’s intelligence agencies. Not only are the agencies unsure of who is behind the attack, the terrorists remain faceless. The obvious question to ask is: why has there been a spate of low-intensity bombings in small markets as opposed to say, the high-intensity bombing of a strategic location?

At a time when Pakistan’s phenomenal economic growth of the past few years under the Musharraf regime has hit a severe road block, the country’s Trade Minister Ahmed Mukhtar, who also holds the defence portfolio, announced a new trade policy on July 18, 2008. The announcement of the new trade policy has been governed by the state of Pakistan’s economy, which has been on a downward spiral since February.

Though the recent Indo-Bangladesh Foreign Secretary level talks held in New Delhi made significant progress on several issues, there was no forward movement on the issue of connectivity. Bangladesh remains reluctant to extend this facility to India, though bilateral relations have generally been trouble-free in the last two years.

Game theory is the analysis of strategic interaction among agents. These agents may be two or more people, firms or countries, with both taking into account how the other agent will “play”. Game theory has been employed to increase revenue at auctions, better equip challengers against incumbents in the market, and explain why bad dictators last so long.

Rising food and oil prices worldwide have increased the misery of people in Bangladesh who have already been suffering the effects of near double digit inflation. The military backed caretaker government has been forced to increase the prices of oil products by 33 to 67 per cent with effect from July 1, 2008. Diesel and kerosene prices have been hiked by 37.5 per cent to 55 taka a litre (0.26 gallons) and petrol prices by 34 per cent to 87 taka a litre.

If anybody thought that a change of talk in the Bush administration’s Iran policy would be enough to induce the “isolated” Tehran to give up its intransigence and toe the western line, the July 19 meeting proved him or her wrong. Before the Geneva meeting between Iran’s chief nuclear negotiator Saeed Jalili and European Union foreign policy chief Javier Solana, the US sent feelers to Tehran.

The three day International Islamic Conference on Inter-faith Dialogue (also known as World Dialogue Conference) organised by the Saudi Arabia based World Muslim League (WML) was held in Madrid from July 16 to 18, 2008. Touted to be the brainchild of Saudi king Abdullah bin Abdul Aziz, the conference was attended by around 300 religious leaders and scholars from across the world representing Islam, Hinduism, Christianity, Judaism, Buddhism, Shintoism, Confucianism and other religions.

The spate of talks and meetings between India and Bangladesh is unmatched in recent times. This pace alone sets bilateral relations apart from the five long years when the BNP-led coalition government was in power (2000-05) in Bangladesh. The recent (July 17, 2008) Foreign Secretary level talks have once again brought home the fact of how the interim government in Bangladesh without having to pander to any particular constituency has been able to constructively engage with its largest neighbour.

While addressing the customary press conference after the Foreign Secretary level talks with Pakistan on July 21, 2008, the Indian Foreign Secretary stated that the India-Pakistan dialogue is “under stress” and Pakistan must address New Delhi’s concerns about cross-border terrorism. The talks were held in the shadow of the recent attack on the Indian embassy in Kabul, which, India alleges, had the involvement of “elements in Pakistan”. The Indian Foreign Secretary also admitted that the ongoing ceasefire on the Line of Control (LoC) in Jammu and Kashmir has come under strain.