Connect with us

World

Biden says United States would come to Taiwan’s defense

Published

 on

(Last Updated On: October 22, 2021)

The United States would come to Taiwan’s defense and has a commitment to defend the island China claims as its own, U.S. President Joe Biden said on Thursday, though the White House said later there was no change in policy towards the island.

“Yes, we have a commitment to do that,” Biden said at a CNN town hall when asked if the United States would come to the defense of Taiwan, which has complained of mounting military and political pressure from Beijing to accept Chinese sovereignty.

While Washington is required by law to provide Taiwan with the means to defend itself, it has long followed a policy of “strategic ambiguity” on whether it would intervene militarily to protect Taiwan in the event of a Chinese attack.

A White House spokesperson said Biden at his town hall was not announcing any change in U.S. policy and “there is no change in our policy”, but declined further comment when asked if Biden had misspoken.

“The U.S. defense relationship with Taiwan is guided by the Taiwan Relations Act. We will uphold our commitment under the Act, we will continue to support Taiwan’s self-defense, and we will continue to oppose any unilateral changes to the status quo,” the spokesperson said.

Taiwan’s presidential office, responding to Biden’s remarks, said their position remains the same, which is it will neither give in to pressure nor “rashly advance” when it gets support.

Taiwan will show a firm determination to defend itself, presidential office spokesperson Xavier Chang said in a statement, noting also the Biden administration’s continued concrete actions to show its “rock-solid” support for Taiwan.

Biden said people should not worry about Washington’s military strength because “China, Russia and the rest of the world knows we’re the most powerful military in the history of the world.”

“I don’t want a cold war with China. I just want China to understand that we’re not going to step back, that we’re not going to change any of our views,” he said.

Military tensions between Taiwan and China are at their worst in more than 40 years, Taiwan’s Defense Minister Chiu Kuo-cheng said this month, adding that China will be capable of mounting a “full-scale” invasion by 2025, Reuters reported.

Taiwan says it is an independent country and will defend its freedoms and democracy.

World

Pakistan receives $3 billion loan from Saudi Arabia

Published

on

(Last Updated On: December 5, 2021)

Pakistan on Saturday received a $3 billion loan from Saudi Arabia, the prime minister’s finance adviser said, as part of an economic support package.

The South Asian country has faced growing economic challenges, with high inflation, sliding forex reserves, a widening current account deficit and a depreciating currency, Reuters reported.

Pakistan’s total liquid foreign reserves stand at $22,498.8 million, based on central bank data.

Shaukat Tarin, finance adviser to Pakistan’s prime minister Imran Khan, said in a tweet: “I want to thank His Excellency Crown Prince Mohammed Bin Salman and Kingdom of Saudi Arabia for the kind gesture.”

The loan from Saudi Arabia will be for one year at a 4% interest rate under the terms of the package, which was signed last month, Reuters reported.

“This is positive news … and will help bolster both the foreign exchange reserves and sentiments in the forex market,” Saad Hashemy, executive director at BMA Capital said.

The loan comes a week after the International Monetary Fund agreed with Pakistan on measures needed to revive a stalled $6 billion funding program.

Continue Reading

Featured

Uzbekistan’s Samarkand city named 2023 World Tourism Capital

Published

on

(Last Updated On: December 5, 2021)

Uzbekistan’s historic city of Samarkand was chosen as the 2023 World Tourism Capital at the 24th General Assembly of the UN World Tourism Organization (UNWTO) in Spain, Uzbekistan’s Tourism and Sports Ministry said in a statement on Saturday.

Samarkand will host the 25th General Assembly of the UNWTO, which will be a “historic event” as it marks the first time in history that the gathering will be held in Uzbekistan, read the statement.

The summit in Madrid was attended by a delegation led by Uzbekistan’s Tourism and Sports Minister Aziz Abdukhakimov, who is also the country’s deputy prime minister.

The opportunity to host a UN organization meeting for the first time is the result of the Uzbek government’s policies and efforts to develop tourism in the country, the statement added.

Continue Reading

World

Russia, Southeast Asia conclude first joint naval exercise

Published

on

(Last Updated On: December 4, 2021)

Russia and the Association of Southeast Asian Nations (ASEAN) have concluded their first joint naval exercise, Indonesia’s navy said on Saturday, as the region faces rising tensions with China.

The three-day exercise off the coast of Indonesia’s Sumatra island aimed at increasing interoperability between the ASEAN member states and the Russian navy in the strategic maritime area. It comes amid rising tensions between major powers in the South China Sea, a resource-rich waterway of geopolitical significance, Reuters reported.

“The exercise has a strategic impact because it was designed to cultivate friendships between the Indonesian government, ASEAN countries and Russia,” the navy said.

The two-stage drills involved eight warships and four aircraft from Russia, Indonesia, Malaysia, Thailand, Vietnam, Singapore and Brunei.

Aleksei Bolotnikov, commander of the Russian warship Admiral Panteleyev, was quoted as saying he hoped the next ASEAN-Russia exercise could take place in Vladivostok, Reuters reported.

Continue Reading

Trending

Copyright © 2021 Ariana News. All rights reserved!