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Five Major Powers to Establish Mechanism Pay Iran’s Exports

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Five Major Powers to Establish Mechanism Pay Iran’s Exports

Disgruntled with US President Donald Trump’s pressure to isolate Iran, Washington’s traditional allies including France, UK and Germany plus Russia and China have promised to establish a ‘special purpose vehicle’ to facilitate payments for Tehran’s exports.

The ministerial level representatives from the remaining parties of the 2015 Iran nuclear deal, also known as JCPOA, met with Iranian foreign minister Mohammad Javad Zarif at United Nations headquarters in New York on Monday as part of their efforts to salvage the deal.

According to Tehran based Press TV. Federica Mogherini, the Chief of  European Union’s Foreign Policy and Iranian Foreign Minister Mohammad Javad Zarif held a joint press conference to elaborate on the results of a meeting between the remaining parties of JCPOA, namely France, the UK, Germany, Russia, China, and Iran.

According to a joint statement issued by the participants and read out by Mogherini and Zarif during the press conference, the meeting “took stock of the process of finding and operationalizing practical solutions for issues arising from the unilateral withdrawal of the US from the agreement and the re-imposition of the sanctions lifted under the JCPOA and its Annex II.”

The statement further said, “Mindful of the urgency and the need for tangible results, the participants welcomed practical proposals to maintain and develop payment channels, notably the initiative to establish a special purpose vehicle to facilitate payments related to Iran’s exports, including oil, and imports, which will assist and reassure economic operators pursuing legitimate business with Iran.”

Five Major Powers to Establish Mechanism Pay Iran’s Exports

It said, “The participants reaffirmed their strong will to support further work aimed at the operationalization of such a Special Purpose Vehicle as well as continued engagement with regional and international partners.”

The statement said that the participants also “welcomed the fact that updates to the EU’s “Blocking Statute” and the European Investment Bank’s external lending mandate to make Iran eligible entered into force on 7 August.”

Iran’s official news agency IRNA reports from New York that the ministerial meeting of Iran and P4+1 was held in the United Nations to discuss the problems faced with implementation of the nuclear deal following US unilateral withdrawal. Before the US withdrawal, the deal used to be known as P5+1 deal, having five permanent members of UN Security Council plus Germany as its signatories.

Read More: US Still Studying On Possible Iran Sanctions Waivers

In May this year, the US President Donald Trump had announced Washington’s withdrawal from the multi-lateral deal. Since then US is working to re-impose its sanctions on Tehran and push the world to cut trade with Iran. First layer of sanctions were imposed in early August while the second layer of tougher sanctions are scheduled to be imposed on November 4.

According to Iranian media reports, the EU has already offered Iran a support package to compensate for the US pullout, which obliges the European Investment Bank to support EU firms willing for trading with Iran.

The participants in the Monday New York meeting have also recognized that “Iran has continued to fully and effectively implement its nuclear-related commitments as confirmed by 12 consecutive reports by the International Atomic Energy Agency (IAEA), and reiterated the need to continue to do so.”

The Participants said they will continue to support the modernization of Iran’s Arak nuclear research reactor as part of the JCPOA and the conversion of the Fordow facility in a nuclear, physics, and technology centre.

Read More: Khamenei: Iran, Russia can jointly contain US

The meeting between the remaining parties to the Iran nuclear deal came after bilateral talks between Zarif and Mogherini, during which the latter said Europe is finalizing its offers to meet Iran’s demands in a bid to save the deal.

Earlier this month, Bahram Qassemi, the spokesman for Iran’s Foreign Ministry had noted that the offers made by Europeans to save the deal had so far failed to meet Tehran’s expectation. However, he said that Tehran was still hopeful Europe could convince it to remain in the deal.

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Hardeep Nijjar killing row: Canada’s defence minister says ties with India important

The Defence Minister further mentioned that if the allegations are proven true, there is a very significant concern that Canada will have with respect to the violation of our sovereignty.

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Hardeep Nijjar killing row: Canada’s defence minister says ties with India important

Canada’s defence minister Bill Blair said that his country’s ties with India are important. HIs statement amidst a diplomatic standoff between both the countries. However, he also added that his country wants a thorough investigation into the allegation. 

The escalating tensions between both the countries began after Canadian Prime Minister Justin Trudeau asserted that his country’s security agencies were investigating a link between the Indian government and the killing of Hardeep Singh Nijjar. 

Defence Minister Bill Blair noted that they understand this can be, and has proven to be, a challenging issue with respect to their relationship with India. However, at the same time, they have the responsibility to make sure that they carry out a thorough investigation and get to the truth, he added.

The Defence Minister further mentioned that if the allegations are proven true, there is a very significant concern that Canada will have with respect to the violation of our sovereignty. On the other hand, India rejected the allegation as absurd and motivated. 

India’s Ministry of External Affairs remarked that Canada has shared no specific information regarding its charges, flagging politically condoned hate crimes and criminal violence in that country. Furthermore, the foreign ministry has advised its nationals in Canada and those contemplating travelling there to exercise utmost caution.

Canadian Prime Minister Justin Trudeau also claimed that such credible allegations were shared with India weeks ago. He added that they want to work constructively with India and hope that New Delhi engages with them so that they can get to the bottom of this very serious matter.

Meanwhile, US Secretary of State, Antony Blinken, said that Washington is deeply concerned about the allegations and that they want to see accountability in the case.

Khalistani terrorist, Hardeep Singh Nijjar, 45, was shot dead outside a gurdwara in Canada’s British Columbia in June. He was chief of the banned Khalistan Tiger Force and reportedly one of India’s most wanted terrorists.

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National Daughters Day 2023: History, significance, theme and wishes

The purpose of National Daughter’s Day is to serve as a reminder that girls should be given equal chances, including access to education, practical life skills, and sports participation, among others.

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National Daughters Day

In India, Daughter’s Day is observed on the final Sunday in September, which falls on September 24, 2023. India is the only big nation with a higher mortality rate for females than boys, according to UNICEF.

At birth, there are 900 females for every 1000 boys in the nation. In the world, boys are 7% more likely than girls to die before the age of five. In India, though, the figures are dismal, with 11% more girls dying before turning five.

Given these troubling numbers, it is crucial to invest in the wellbeing of girls in order to empower them. The purpose of National Daughter’s Day is to serve as a reminder that girls should be given equal chances, including access to education, practical life skills, and sports participation, among others.

The first National Daughters Day was observed in India in 2007, which is where the holiday’s origins can be found. Daughters have frequently been overlooked in a society where males have long been regarded with awe. The noble goal of this day is to inspire parents to show their admiration for their daughters.

In certain cultures, having daughters has been seen as more of a burden than a blessing. With the goal of reversing this perception, National Daughter’s Day exhorts parents to acknowledge the extraordinary gift that their daughters are.

The significance of National Daughters Day can be found in our ever-changing society. It’s a day set aside to gleefully acknowledge the daughters in our lives. Falling on a Sunday presents a chance for parents and daughters to spend quality time together, cherish one another, and have intimate life-related dialogues. It’s a day for giving, caring, and fostering the cherished relationship between mothers and daughters.

Wishes

  1. Daughters are special and highly valued, which demonstrates that they were sent from heaven above
  2. Daughters are special; once we have them, we can never live without them. Happy Daughters’ Day!
  3. Daughters are the pride of their parents’ hearts; from birth, they are beautiful
  4. My darling daughter, my baby you will always be, no matter where you are. You are a little part of me, whether near or far. Happy Daughters’ Day!
  5. Daughters will soon be married and grown, then they may start a family of their own
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Canadian PM Trudeau wants to work constructively with India, says Canada shared credible allegations with New Delhi weeks ago

India has repeatedly denied claims of receiving any intel regarding the allegations from Canada before Justin Trudeau’s announcement on Monday revealing them.

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PM Trudeau wants to work constructively with India, says Canada shared credible allegations with New Delhi weeks ago

Canadian Prime Minister Justin Trudeau on Friday asserted that Canada shared credible allegations that the Indian government may have been involved in the killing of Khalistani terrorist Hardeep Singh Nijjar weeks ago, according to reports.

The Canadian Prime MInister added that his country wants to work constructively with India and hope that New Delhi engages with them so that they can get to the bottom of this very serious matter. Meanwhile, India has repeatedly denied claims of receiving any intel regarding the allegations from Canada before Justin Trudeau’s announcement on Monday revealing them.

On Monday, Prime Minister Justin Trudeau alleged that there was a potential link between an Indian government agent and the killing of Hardeep Singh Nijjar, the chief of the banned Khalistan Tiger Force, who was gunned down in Surrey in June. Justin Trudeau made the allegations in the Canadian Parliament. 

India has debunked Canadian Prime Minister Justin Trudeau’s statement deeming the allegations of the Government of India’s involvement in any act of violence in Canada as both absurd and motivated. Issuing a statement, the Ministry of External Affairs (MEA) stated that they have seen and rejected the statement made by the Canadian Prime Minister in their Parliament. It added that they also rejected the statement made by their Foreign Minister. 

After the allegations by PM Trudeau, the Canadian government expelled a top Indian diplomat. In a tit for tat move, New Delhi also expelled a Canadian diplomat. The Ministry of External Affairs spokesperson Arindam Bagchi also claimed that the Indian High Commission and consulates are facing security threats in Canada and therefore cannot process visa applications temporarily. 

Hardeep Singh Nijjar was among India’s most-wanted terrorists, carrying a reward of Rs 10 lakh on his head. He was fatally gunned down by two unidentified assailants outside a gurdwara in Surrey, a province of British Columbia in Canada, on June 18, according to reports.

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