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UAE, Russia in $5 billion investment deal

UAE, Russia in $5 billion investment deal (Wam) / 13 September 2013 The UAE on Thursday signed an accord to invest five billion dollars in Russian infrastructure projects. Gen. Shaikh Mohammed shakes hands with Russian President Vladimir Putin during their meeting at the Novo-Ogaryovo state residence, outside Moscow, on Thursday. —  Wam A memorandum of intent to establish a partnership between the Department of Finance (DoF) in Abu Dhabi and the Russian Direct Investment Fund (RDIF) for investment in Russian infrastructure projects was signed at the Kremlin on the sidelines of a meeting between General Shaikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Russian President Vladimir Putin. Gen Shaikh Mohammed and Putin discussed bilateral relations, expansion and diversification of economic partnerships and investment opportunities. The discussions took place as Putin received Gen Shaikh Mohammed at Novo-Ogaryovo, the state residence of the Russian President. Putin welcomed the UAE leader and expressed his pleasure at meeting him and discussing matters of common interest. Gen Shaikh Mohammed conveyed to Putin greetings from the UAE President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, and his best wishes for further progress and prosperity for the people of Russia. The meeting, which was attended by Foreign Minister Shaikh Abdullah bin Zayed Al Nahyan, also discussed developments in the Arab Gulf region and the Middle East. Following the meeting, Putin held a lunch banquet in honour of Gen Shaikh Mohammed and his accompanying delegation. The investment accord was signed by Hamad Mohammed Al Hur Al Suwaidi, chairman of the Abu Dhabi Finance Department, and RDIF chief executive Kirill Dmitriev. Speaking on the occasion, Al Suwaidi said: “The signing of the memorandum and our commitment to an investment of up to five billion dollars reflect our confidence of returns that can be derived from this investment. We expect a very fruitful partnership through the exchange of expertise with the RDIF.” The investment project aims to open new avenues for joint cooperation that would contribute to the strengthening of bilateral relations. The structure and governance of the joint project and other conditions will be concluded before the end of the year. Continue reading

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UAE calls for ‘unconditional’ release of hostages

UAE calls for ‘unconditional’ release of hostages Muaz Shabandri / 13 September 2013 A senior official from the UAE’s Ministry of Foreign Affairs has called on the international community to exert greater efforts in securing the release of fishermen and sailors held as captives by Somali pirates. “Until now, some fishermen and sailors are in custody of the pirates and we would like to send a message to release them unconditionally,” said Faris Al Mazroui, Assistant to the UAE Minister of Foreign Affairs on Military and Security Affairs. Mohammed Sharaf and Faris Al Mazrouie of the UAE addressing the Press at the Countering Maritime Piracy conference at Dubai on Thursday. — KT photos by Shihab His comments came at the close of a high-level two-day conference on anti-maritime piracy hosted in Dubai. More than 750 delegates and 20 foreign ministers were in attendance as they exchanged ideas on improving international co-ordination to combat piracy off the coast of Somalia. Recommendations > Call to review the High Risk Area by removing Red Sea from its scope and reverting to 65 degree East Longitude in the Arabian Sea. > Need to focus on maritime piracy and warn that any easing of security efforts at sea and capacity building on shore will likely see a resurgence of pirate attacks. Recent decline in pirate attacks is both fragile and reversible. > Public and private sector participants call international community’s attention to on-going grave humanitarian situation of seafarers still held in captivity in Somalia. > Progress made in implementing common standards for private security personnel on board merchant vessels is to be commended. Call to implement best management practices to protect crew, their assets and their customers’ cargo. > Enhancing regional capacity is crucial to ensure long-term sustainable response to piracy by allowing countries to control their own shores and patrol their own waters. > Main efforts for capacity building are to take place in Somalia, on land and on the coast. > Reiteration of support to federal government of Somalia to establish robust governance, working institutions and effective legal and security framework. > Timely disbursements of financial pledges will ensure much needed assistance of government of Somalia’s plans He added: “The international community has succeeded on many fronts as participants confirmed piracy attacks have reduced. We have to maintain this success and exert more efforts to help improve the security situation.” His views were supported by Mohammed Sharaf, Group Chief Executive Officer of DP World as he said: “While the gains are welcome, these may be reversible. It is our duty to keep the spotlight on captives and help economies suffering from piracy. We also need to highlight the need for long-term commitment.” The conference was opened by Shaikh Abdullah bin Zayed Al Nahyan, UAE Foreign Minister, with the President of Somalia, Hassan Shaikh Mohamud giving the keynote address. Other Government speakers at the conference included senior Ministers of Saudi Arabia, Morocco, Yemen, Sri Lanka, Bangladesh, Mozambique, the Philippines, the Seychelles, and the Comoros, alongside a number of Ministers from European countries. The UAE Ministry of Foreign Affairs, DP World and Abu Dhabi Ports Company (ADPC) jointly hosted the forum. – muaz@khaleejtimes.com Indian govt voices concern on ‘private security’ near coastline The increasing number of private security staff on-board commercial vessels is not going down well with Indian authorities. A senior Indian government official voiced concerns on the presence of private armed personnel on vessels near the Indian coast, as the issue was raised at the anti-maritime piracy conference in Dubai. Dr T Kumar, Additional Secretary & Financial Adviser, Ministry of Shipping, Government of India said: “We are concerned at the continued and increasing presence of privately contracted armed security personnel on commercial vessels moving close to the Indian Coast. We have consistently called for voluntary reporting of such information to our Maritime Response Coordination Centres.” Heading the Indian delegation at the forum, she also noted several false alarms had been raised in the recent past, causing wastage of Indian navies resources. “We firmly believe that due to the fact that no successful incident of piracy has taken place east of 65° for almost two years, the high risk area needs to be revised, as it unfairly harms our interest and leads to a waste of our naval resources who are responding to many false alarms due to the heightened alert,” she said. Indians constitute seven per cent of the world’s seafarers and more than 340 seafarers have been held captive at different points of time. Dr Kumar added: “Clearly, Indian seafarers have faced the major brunt of the piracy menace and as I speak today, eight Indian seafarers are still being held hostage by Somali pirates with one more listed as missing. We continue all efforts to have them freed expeditiously.” muaz@khaleejtimes.com Continue reading

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Kerry, Lavrov meeting UN envoy on Syria

Kerry, Lavrov meeting UN envoy on Syria (Reuters) / 13 September 2013 US Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov met the United Nations special envoy on Syria in Geneva on Friday as they worked on a deal that could avert US military action. Lakhdar Brahimi, who acts for both the world body and the Arab League, met Kerry and Lavrov together. He has been trying to broker a political solution to the Syrian civil war. The two powers are trying to flesh out Moscow’s plan to dispose of Syrian President Bashar al-Assad’s chemical weapons. Damascus formally applied to join a global poison gas ban – a move welcomed on Friday by Russian President Vladimir Putin . He called it “an important step towards the resolution of the Syrian crisis” and added: “This confirms the serious intention of our Syrian partners to follow this path.” China, too, hailed Assad’s decision. But Kerry underscored that Washington could still attack if it was not satisfied: “This is not a game,” he said on Thursday. * Kerry, Lavrov meet UN/Arab League Syria envoy Brahimi * Meeting follows US-Russia talks in Geneva on Thursday * Putin welcomes Assad commitment on chemical weapons * Kerry warns that US could still strike if not satisfied The talks were part of a diplomatic push that prompted President Barack Obama to put on hold plans for US air strikes in response to a chemical weapons attack on civilians in rebel-held suburbs of Damascus on Aug. 21. The United States and its allies say Assad’s forces carried out the attack with sarin nerve gas, killing more than 1,400 people. Putin and Assad have blamed rebel forces. The United Nations said it received a document from Syria on joining the global anti-chemical weapons treaty, a move Assad promised as part of a deal to avoid US air strikes. The move would end Syria’s status as one of only seven nations outside the 1997 international convention that outlaws stockpiling chemical weapons. US Warning The United States immediately warned Syria against stalling tactics to avoid military strikes. Assad told Russian state television in an interview broadcast on Thursday that he would finalise plans to abandon his chemical arsenal only when the United States stops threatening to attack him. Kerry expressed some optimism about the talks in Geneva, saying, “We do believe there is a way to get this done” and that the United States was “grateful” for ideas from Russia. But he and Lavrov differed sharply on US military threats. “We proceed from the fact that the solution of this problem will make unnecessary any strike on the Syrian Arab Republic,” Lavrov said during the appearance with Kerry. Along with other world powers, Moscow and Washington see the instability in Syria as fuelling wider security threats, but differ sharply on how to respond. Western powers say that Assad is a tyrant who should be overthrown. Russia, like Assad, highlights the presence in rebel ranks of militants. In an audio recording released a day after the 12 th anniversary of the Sept. 11 attacks, Al Qaeda leader Ayman Al Zawahri referred to fighters in Syria among other battlegrounds as he urged supporters to carry out attacks in the United States to “bleed America economically”. “As we defeated it in the gang warfare in Somalia, Yemen, Iraq and Afghanistan, so we should follow it with …war on its own land,” Zawahri said. “These disparate strikes can be done by one brother or a few of the brothers.” Putin’s Russia has been Assad’s most powerful backer during the civil war, which has killed more than 100,000 people since 2011, delivering arms and – with China – blocking three UN resolutions meant to pressure Assad. “President Obama has made clear that should diplomacy fail, force might be necessary to deter and degrade Assad’s capacity to deliver these weapons,” Kerry asserted. “Only the credible threat of force – and the intervention of President Putin and Russia based on that – has brought the Assad regime to acknowledge for the first time that it even has chemical weapons and an arsenal, and that (it) is now prepared to relinquish it,” Kerry added. Kerry said any agreement must be comprehensive, verifiable, credible and implemented in a “timely” way – “and finally, there ought to be consequences if it doesn’t take place.” Kerry called a peaceful resolution “clearly preferable” to military action. A version of the Russian plan that leaked to the newspaper Kommersant described four stages: Syria would join the world body that enforces a chemical weapons ban, declare production and storage sites, invite inspectors, and then decide with the inspectors how and by whom stockpiles would be destroyed. ‘Legally speaking’ Syria has agreed to a Russian proposal that it give up its chemical weapons stocks, averting what would have been the first direct Western intervention in the civil war. “Legally speaking, Syria has become, starting today, a full member of the (chemical weapons) convention,” Syrian UN Ambassador Bashar Jaafari told reporters in New York after submitting documents to the United Nations. Several UN diplomats and a UN official told Reuters on condition of anonymity that it was not yet clear that Syria had fulfilled all the conditions for legal accession to the treaty. Dressed in a white shirt and dark suit and seated in a wood-panelled office, Assad said in his TV interview that Syria opted to cede control of its chemical weapons because of a Russian proposal and not the threat of US military intervention. Assad said in comments translated into Russian: “When we see the United States really wants stability in our region and stops threatening, striving to attack, and also ceases arms deliveries to terrorists, then we will believe that the necessary processes can be finalised.” Syria is already bound by the separate Geneva accords that have banned the use of chemical weapons in warfare for nearly a century, but it had never been required before this week to disclose whether it possessed them. Western nations believe Syria has hundreds of tonnes of toxic weapons material. Assad said Syria would provide an accounting of chemical weapons stocks in 30 days, standard practice under the treaty. Kerry questioned the offer. “We believe there is nothing standard about this process at this moment because of the way the regime has behaved – not only the existence of these weapons but they have been used,” Kerry said. “And the words of the Syrian regime, in our judgment, are simply not enough.” Kerry and Lavrov flew to Geneva with delegations of chemical weapons and nonproliferation experts to begin to hammer out how to identify, secure and neutralise Syria’s chemical weapons. A draft UN Security Council Resolution submitted by France this week demands that Syria declare its chemical weapons holdings within 15 days, and holds out the threat of sanctions or military force if it fails to disarm. While the diplomats met in Switzerland, the war ground on relentlessly. Activists said Syrian warplanes bombed on the main hospitals serving rebel-held territory in the north of the country, killing at least 11 civilians including two doctors. Continue reading

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