Maldives ‘flouts rules’, quietly inks trade deal with China

[cirr]

flouts rules? What rules? Vedic rules?

Maldives ‘flouts rules’, quietly inks trade deal with China

TNN | Updated: Dec 1, 2017, 13:17 IST

HIGHLIGHTS

• The Maldives govt has signed a Free Trade Agreement with Beijing without taking the country’s opposition, or even the people, into confidence.
• According to the Maldives opposition, the archipelago already owes almost 70% of its debt to China
• Maldives remains the only country in the region which PM Narendra Modi is yet to visit.

Maldives President Abdulla Yameen (standing L) and Chinese President Xi Jinping. (Reuters file photo)

NEW DELHI: Setting off fresh concerns over China's growing presence in the Indian Ocean, the Maldives government+ has signed a Free Trade Agreement (FTA) with Beijing without taking the country's opposition, or even the people, into confidence.

According to the Maldives opposition, the archipelago already owes almost 70% of its debt to China. Maldives remains the only country in the region which PM Narendra Modi is yet to visit.

Despite its stated India First policy formulation, the Abdulla Yameen government has shown scant regard for India's security-related concerns. "We are also deeply concerned that further entrenchment of the country into a Chinese debt trap will result in additional stress on strategic national assets and increasing instability in Indian Ocean region," said the main opposition party, MDP's statement.

According to the opposition, on November 29, the Speaker of parliament called for an emergency sitting, to pass the FTA with China. While the negotiations had been completed in September, Yameen signed the document on Wednesday.

TOP COMMENT

The big difference between India and China is India gives donations chinese give loans.. when the loans and interest increases and not repayable then they serrender countries to china..Naresh Y

The agreement was apparently sent to the parliamentary oversight committee on national security affairs within 3 minutes of submission to the floor. "The committee vetting the agreement took less than 10 minutes. The committee was conducted against parliamentary procedures... with deliberations closed off for the public and to the media... MPs were not given access to the document... The government allowed for less than 1 hour for the parliamentary process to approve the 1000+ page document," said the statement.

https://timesofindia.indiatimes.com...rade-deal-with-china/articleshow/61872370.cms

 

[shjliu]

flouts rules? What rules? Vedic rules?

Maldives ‘flouts rules’, quietly inks trade deal with China

TNN | Updated: Dec 1, 2017, 13:17 IST

HIGHLIGHTS

• The Maldives govt has signed a Free Trade Agreement with Beijing without taking the country’s opposition, or even the people, into confidence.
• According to the Maldives opposition, the archipelago already owes almost 70% of its debt to China
• Maldives remains the only country in the region which PM Narendra Modi is yet to visit.

Maldives President Abdulla Yameen (standing L) and Chinese President Xi Jinping. (Reuters file photo)

NEW DELHI: Setting off fresh concerns over China's growing presence in the Indian Ocean, the Maldives government+ has signed a Free Trade Agreement (FTA) with Beijing without taking the country's opposition, or even the people, into confidence.

According to the Maldives opposition, the archipelago already owes almost 70% of its debt to China. Maldives remains the only country in the region which PM Narendra Modi is yet to visit.

Despite its stated India First policy formulation, the Abdulla Yameen government has shown scant regard for India's security-related concerns. "We are also deeply concerned that further entrenchment of the country into a Chinese debt trap will result in additional stress on strategic national assets and increasing instability in Indian Ocean region," said the main opposition party, MDP's statement.

According to the opposition, on November 29, the Speaker of parliament called for an emergency sitting, to pass the FTA with China. While the negotiations had been completed in September, Yameen signed the document on Wednesday.

TOP COMMENT

The big difference between India and China is India gives donations chinese give loans.. when the loans and interest increases and not repayable then they serrender countries to china..Naresh Y

The agreement was apparently sent to the parliamentary oversight committee on national security affairs within 3 minutes of submission to the floor. "The committee vetting the agreement took less than 10 minutes. The committee was conducted against parliamentary procedures... with deliberations closed off for the public and to the media... MPs were not given access to the document... The government allowed for less than 1 hour for the parliamentary process to approve the 1000+ page document," said the statement.

https://timesofindia.indiatimes.com...rade-deal-with-china/articleshow/61872370.cms

"India gives donations Chinese give loans.." I am very interested in the donations given by India, can you list it with year and date? TIA

 

[atan651]

It's business. It's understood when you sign on the dotted line.

 

[rott]

Everyone's beginning to realize that Indians have shit for brains.
@AndrewJin

 

[Beast]

India gives $1million dollar for Maldives, how much can a country used with such little money? I can bet it can be spend off in just 10mins for a country.

Loan mounts to hundred millions to billion. This is the proper amount a country needs. Sure donation need no return but the amount is only enough to bribe one politician who will agree its better than loan. It is so little that its useless for a country.

India is a poor country. It cannot afford huge amount of money that a country need for others.

India is in no position to compete with China. China is a rich country , India is poor country. India shall stop dreaming and just concentrate on domestic policy.

 

[ZeEa5KPul]

flouts rules? What rules? Vedic rules?

The temerity of these people is really something else.

Everyone's beginning to realize that Indians have shit for brains.

Shit for brains and empty wallets.

 

[AndrewJin]

India gives $1million dollar for Maldives, how much can a country used with such little money? I can bet it can be spend off in just 10mins for a country.

Loan mounts to hundred millions to billion. This is the proper amount a country needs. Sure donation need no return but the amount is only enough to bribe one politician who will agree its better than loan. It is so little that its useless for a country.

India is a poor country. It cannot afford huge amount of money that a country need for others.

India is in no position to compete with China. China is a rich country , India is poor country. India shall stop dreaming and just concentrate on domestic policy.

Do you know their entire budget is just slightly higher than China's education budget?
https://defence.pk/pdf/threads/why-...ending-more-on-defense-than-education.531306/

They have no money, period.
That $1 million was a huge amount money for india.