Search Result for : Paris Climate Summit

The Dollar Business Bureau  The Indian Prime Minister who visited the US and met the American President Donald Trump on June 26, also had a closed-door meeting with 20 top US CEOs the very same day. Many CEOs, according to Mukesh Aghi, President of US India Business Council (USIBC) who spoke to the Indian media, reiterated their ‘commitment to investing in India a very large amount.’ ‘Almost half a dozen of them made a very large dollar commitment,’ Aghi said, refusing to divulge the details of the amount and the names. The meeting which lasted for 90 minutes, ended on a positive, win-win note he said.  The PM had responded favourably to all the questions that the CEOs raised, which revolved around defence, ...

The Dollar Business Bureau   During her visit to Argentina, Germany’s Chancellor Angela Merkel said on Thursday, that the two countries have agreed to promote multilateral trade and to protect the environment from climate change. The German Chancellor is on a visit to Latin American countries ahead of the G-20 summit, to be held in July in Germany. Merkel has criticised the protectionist stance taken by the US and called the decision of President Donald Trump of withdrawing from the Paris climate accord ‘extremely regrettable.’ In a press conference with Argentina’s President Mauricio Macri, she said that both countries want to be a part of the ‘interconnected world’ and are dedicated to protecting the Paris accord. “No one alone in this world — no individual and no ...

The Dollar Business Bureau  On the fourth leg of his four-nation tour, Prime Minister Narendra Modi reached France today during which he will hold discussions with French President Emmanuel Macron on a number of major issues such as terrorism, climate change and India's membership bid for Nuclear Suppliers Group (NSG). “Reached France for a vital visit to enhance ties with one of our most important strategic partners,” Modi said in a tweet after landing in Paris. Modi arrived in France after concluding his Russia’s visit during which he had discussions with President Vladimir Putin and also attended the St Petersburg International Economic Forum. Modi started his four-nation tour with his visit to Germany, formsthen he visited Spain, and held talks with the leaders of the both the countries. During ...

The Dollar Business Bureau  True to his promise President Donald Trump decided to withdraw United States from the Paris Accord 2015 global agreement, a step that attracted condemnation from its allies, business leaders and world over. During his election campaign, Trump had promised to take US out of the landmark agreement to fight climate change in his initial 100 days as President. Though not all he had promised in his campaign has sailed smoothly, this one has shown some signs of hesitation. Finally, not in the promised time line, but after 132, he did it.  However, Trump was open to another option open to discuss a new deal which, in his view, is "fair" to the interests of America. “In order to fulfill my solemn duty ...

The Dollar Business Bureau  The United States President Donald Trump said on Wednesday that he will be announcing his decision regarding the landmark Paris Climate Accord on Thursday which is today. “I will be announcing my decision on Paris Accord, Thursday at 3:00 pm. The White House Rose Garden. MAKE AMERICA GREAT AGAIN!,” the US president said in a tweet. To withdraw from the Paris climate change accord, was one of the key electoral promises of Trump.  Though he still seems to be undecided about the total withdrawal from the Paris agreement, officials from the White House told media on Wednesday, this is a move that would risk rupturing international alliances and disappoint environmentalists as well as corporate titans. Although the officials cautioned that ...

The Dollar Business Bureau While delivering a speech at the World Economic Forum in Davos, Chinese President Xi Jinping expressed discontent over protectionism followed by other economies and highlighted China’s intention to have a greater global role amidst US trying to become a closed economy. Jinping also took note of “America first” policies of Donald Trump and said that it is necessary for countries to have free trade and they should not be plainly abided by national interests. It was in the backdrop of Trump’s remarks on China during his election campaign that Jinping took to expressing his concerns about the trade scenario with respect to the US. The President-elect had said that China needed to be dealt with more strictly on matters related to trade ...

 The Dollar Business Bureau Stressing on collective efforts to address the challenge of climate change, India has asked the developed world to help developing countries devise their own ways to curb carbon emission. In his address at the Major Economic Forum held in Washington on April 19-20, the Minister of State for Environment, Prakash Javadekar, said that providing critical technologies at affordable cost across the globe is a key to overcome the climate change challenge. “The developed world should not profit from disaster. Climate change is a challenge and not business opportunity,” Javadekar was quoted as having said at the forum in a PIB release. He reiterated India’s commitment for a fair and equitable agreement at the Paris Climate ...