Monday, June 29, 2020

U.S. SEEKS TO WIDEN NUCLEAR DEAL WITH RUSSIA





U.S. SEEKS TO WIDEN NUCLEAR DEAL WITH RUSSIA


The U.S. wants to broaden its nuclear arms control pact with Russia to include all their atomic weapons 

U.S. special presidential envoy Marshall Billingslea urged China to join the talks on replacing the 2010 New Strategic Arms Reduction Treaty (New START), which expires in February

New START (Strategic Arms Reduction Treaty): Nuclear arms reduction treaty between the United States and the Russian Federation
 
Signed on 8 April 2010 in Prague
 
Treaty entered into force on 5 February 2011 

Treaty will last ten years, with an option to renew it for up to five years upon agreement of both parties 

New START treaty is the successor to the START I. The START II was signed, but not ratified. The START III negotiating process was not successful

New START replaced the Treaty of Moscow (SORT), which was to expire in December 2012

Treaty limits the number of deployed strategic nuclear warheads to 1,550 

Limit the number of deployed and non-deployed inter-continental ballistic missile (ICBM) launchers, submarine-launched ballistic missile (SLBM) launchers, and heavy bombers equipped for nuclear armaments to 800

Number of deployed ICBMs, SLBMs, and heavy bombers equipped for nuclear armaments is limited to 700

When New START entered into force, both participating states could begin performing inspections on each other.

Each state is granted 18 on-site inspections per year, which can be designated into two categories: Type 1 and Type 2 inspections

Type 1 inspections are specific to military bases that house only deployed ICBMs, SLBMs and bombers. Type 2 inspections include facilities that have non-deployed systems as well. Only 10 Type 1 inspections and eight Type 2 inspections are allowed by the treaty each year

States can also announce the arrival of an inspection team with as little notice as 32 hours before

Treaty places no limits on tactical systems, such as the Lockheed Martin F-35 Lightning II.

TRUMP SUSPENDS H1B VISAS TILL YEAR END




TRUMP SUSPENDS H1B VISAS TILL YEAR END



U.S. President Donald Trump signing an executive order (EO) pausing new H1B visas effective June 24 through the end of the year

H4 visas (H1B dependents), L visas (intra-company transfers), as well as H2B
(non-agricultural workers) and J visas will be on pause through the year end

 
H-1B visa has its roots in the H1 visa of the Immigration and Nationality Act of 1952; the split between H-1A (for nurses) and H-1B was created by the Immigration Act of 1990

H-1B visa allows an individual to enter the United States to temporarily work at an employer in a specialty occupation

H-1B work-authorization is strictly limited to employment by the sponsoring employer

A specialty occupation requires the application of specialized knowledge and a bachelor's degree or the equivalent of work experience

Duration of stay is three years, extendable to six years; after which the visa holder may need to reapply

United States Citizenship and Immigration Services starts accepting applications on the first business day of April for visas that count against the fiscal year starting in October

H-1B visa holders can bring immediate family members (spouse and children under 21) to the United States under the H-4 visa category as dependents

H-1B1 visas are a sub-set of H-1B issued to residents of Chile and Singapore

H-2B visa: The H-2B non-immigrant program permits employers to hire foreign workers to come to the U.S. and perform temporary non-agricultural work, which may be one-time, seasonal, peak load or intermittent

L-1 visa: It is a non-immigrant visa

L-1 visas are available to employees of an international company with offices in both the United States and abroad

Spouses of L-1 visa holders are allowed to work without restriction in the US once EAD is granted
L-1 visa has two subcategories: L-1A for executives and managers, valid up to 7 years; L-1B for workers with specialized knowledge, valid up to 5 years

Two types of L-1 procedures: Regular L-1 visas, which must be applied for and approved for each individual by the USCIS; and Blanket L-1 visas, which are available to employers that meet certain criteria

Individual with a valid L-1 visa does not need a visa to enter Costa Rica for tourism for up to 30 days

For Canadian residents, a special L visa category is available

TN-1 visas are part of the North American Free Trade Agreement, and are issued to Canadian and Mexican citizens

E-3 visas are issued to citizens of Australia under the Australia free-trade treaty

J-1 visa: The United States introduced the J-1 Exchange Visitor Visa Program under the Mutual Educational and Cultural Exchange Act (Fulbright–Hays Act of 1961)

J-1 visa was administered by the U.S. Information Agency (USIA) to strengthen relations between the US and other countries

Issued by the United States to research scholars, professors and exchange visitors participating in programs that promote cultural exchange, especially to obtain medical or business training within the U.S

Applicants must meet eligibility criteria, English language requirements, and be sponsored either by a university, private sector or government program

J-1 visitors may remain until the end of their exchange program. Once a J-1 visitor's program ends, he or she may remain in the United States for an additional 30 days

Many persons in the United States on J-1 visa are subject to the two-year home residency requirement found in Section 212(e) of the Immigration and Nationality Act.

COUNTRY OF ORIGIN’ MUST ON GeM PLATFORM





COUNTRY OF ORIGIN’ MUST ON GeM PLATFORM: GOVT


Union government has made it mandatory for all sellers on the Government eMarketplace (GeM), to list the country of origin while registering new products

Those who had uploaded products are getting regular warnings that they will be removed if the origin details are not updated

Changes to the GeM, a Special Purpose Vehicle under the Ministry of Commerce and Industry, are in line with the Centre’s Atmanirbhar Bharat and Make in India policies, an official statement said
GeM is a short form of one stop Government e-Market Place hosted by DGS&D
 
Government e-Marketplace owes its genesis to the recommendations of two Groups of Secretaries made to the Prime Minister in January 2016

DGS&D with technical support of National eGovernance Division (Ministry of Electronics and Information Technology) has developed GeM portal for procurement of both Products & Services 

Launched on 9th August 2016 by the Commerce & Industry Minister

Procurement on GeM has been authorized by General Financial Rules by making necessary changes in government rules

GeM eliminates human interface in vendor registration, order placement and payment processing, to a great extent

Transactions for more than Rs 140 Crore have already been processed through GeM

Government e-Marketplace is a very bold step of the Government with the aim to transform the way in which procurement of goods and services is done by the Government Ministries and Departments.

INDIA CAN REDUCE TRADE DEFICIT WITH CHINA BY $8.4 BN




INDIA CAN REDUCE TRADE DEFICIT WITH CHINA BY $8.4 BN: STUDY


India can potentially reduce its trade deficit with China by $8.4 billion over FY21-22, Acuité Ratings & Research said in a study

Can be achieved by the rationalisation of just a quarter of India’s imports from that country in select sectors where India has well established manufacturing capabilities, Acuité said

Domestic manufacturing sector can substitute 25% of the total imports from specified sectors 

Nearly 40 subsectors of India had the potential to lower their import dependency on China

Sectors include chemicals, automotive components, bicycles parts, drug formulations, cosmetics, consumer electronics and leather-based goods

With an import of $65.1 billion and export of $16.6 billion, India recorded a trade deficit of $48.5 billion with China in FY20

Sino-Indo relations:Relationship has been cordial, there have been border disputes

China and India are separated by the Himalayas. Nepal and Bhutan acting as buffer states

Growth in diplomatic and economic influence has increased the significance of their bilateral relationship

India remains wary about China's strong strategic bilateral relations with Pakistan, while China has expressed concerns about Indian military and economic activities in the disputed South China Sea

India established diplomatic relations with the PRC on 1 April 1950, the first non-communist/socialist nation in Asia to do so

Founding of the Sino-Indian Friendship Association on 16 May 1952 in Beijing

April 1954, India and the PRC signed an eight-year agreement on Tibet that became the Five Principles of Peaceful Coexistence (or Panchsheel)

Border war between the People's Republic of China and India on 20 October 1962. It occupied strategic points in the Aksai Chin and Demchok regions of Ladakh
 
In late 1967, there were two more conflicts between Indian and Chinese forces at Sikkim. The first conflict was the "Nathu La Incident", and the other the "Cho La Incident"

August 1971, India signed its Treaty of Peace, Friendship, and Co-operation with the Soviet Union. The PRC sided with Pakistan in its December 1971 war with India

Sino-Indian relations hit a low point in 1998 following India's nuclear tests

In 2003, China officially recognised Indian sovereignty over Sikkim as the two countries moved towards resolving their border disputes

In 2005, China and India signed the 'Strategic and Cooperative Partnership for Peace and Prosperity'

In 2006, China and India re-opened Nathula pass for trading. Nathula was closed 44 years prior to 2006 

In 2019, India reiterated that it would not join China's Belt and Road Initiative

2017 Doklam standoff: A territory which is claimed by both China as well as India's ally Bhutan

On 10 May 2020, Chinese and Indian troops clashed in Nathu La, Sikkim. Following the skirmishes in Sikkim, tensions between the two countries grew in Ladakh

Following the Galwan Valley clash on 15 June 2020, there were renewed calls across India to boycott Chinese goods
 
China is India's largest trading partner

Commodities exported from India to China: Cotton Gems, precious metals, coins, Coppe, Ores, slag, ash, Organic chemicals, Salt, sulphur, stone, cement, Machines, engines, pumps, Plastics, Electronic equipment, Raw hides excluding furskins

Commodities exported from China to India: Electronic equipment, Machines, engines, pumps, Organic chemicals, Fertilizers, Iron and steel, Plastics, Iron or steel products, Gems, precious metals, coins, Ships, boats, Medical, technical equipment.