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Islamabad,
Beijing call for cross-border cooperation
From Javed Akhtar
(APP)
BEIJING—Pakistan, China and other member countries of Organization of
Economic Cooperation Development (OECD) have called for promoting
cross-border cooperation to control corruption.
The member countries of the OECD citing corruption as being impacting
all groups of society and criminals hiding proceeds of corruption in
foreign jurisdictions and escaping from prosecution claimed that working
together across sectors and border is vital to effectively combating
corruption.
To fight the increasing corruption cases, the countries should devote
more efforts in forming a supporting environment for business integrity
and denying safe haven to officials and individuals guilty of
corruption, said the OECD in a document issued here which offers
recommendations for further actions against corruption.
The document was adopted at the OECD annual conference held in Beijing
last week. Pakistan was represented at the conference by Chairman
National Accountability Bureau (NAB) Lt. Gen. Munir Hafiz.
The private sector has been playing significant roles both in acts of
corruption and in the prevention of such acts and it’s of urgent
necessity to ensure all businesses being operated with high-level
integrity, said the OECD.
The countries could develop and enforce a series of accounting standards
that support transparent public and private corporate accounts and
prohibiting practices that are carried out for the purpose of bribery of
public officials, it said.
Independent external auditing controls, it acknowledged, could also be
strengthened to that end. At the same time, the private sector could
also promote, develop and adopt adequate internal company controls that
include standards of conduct prohibiting the giving of bribes.
The organization considered effective international judicial assistance
as great importance in fighting against corruption.
According to the OECD, the assistance is of vital importance in
effectively prosecuting corrupt criminals and recovering illegal assets.
“In all the aspects, international cooperation is playing and will
remain to play important roles,” it said.
A holistic approach and the cooperation of all countries are all badly
needed, it declared.
The counties should exchange information on investigative procedures and
establish a compendium of rules relevant to seizure, confiscation and
recovery of illegal assets, it said, so that the “difficulties in
international judicial assistance caused by the difference in legal
systems and cultures” can be “overcome”
US, China textile talks
likely to resume next week
From Max Lee
The Daily Mail’s
Special Correspondent in Beijing
BEIJING—The United States and China will make a fourth try next week at
negotiating a comprehensive textile trade deal, U.S. trade officials
said on Thursday.
U.S. and Chinese negotiators will meet Oct 12-13 in Beijing for talks on
a pact that potentially could restrict China’s textile and clothing
shipments to the United States through the end of 2008, the U.S. Trade
Representative’s office said.
The negotiations are driven by U.S. industry concerns about a sharp
increase in textile and clothing shipments from China following the end
of a global quota system on January 1.
The United States has already responded by curbing imports of shirts,
trousers, bras, underwear, yarn and other textile and clothing products
under a special “safeguard” provision of China’s entry into the World
Trade Organization in 2001.
However, industry groups have pushed for a comprehensive pact that would
tightly restrict overall growth in China’s exports to the United States
through the end of 2008, when the safeguard provision expires.
The two countries made strides toward an agreement in the third round of
talks last week in Washington, but remain apart on many key issues,
industry aides said.
China wants the pact to expire at the end of 2007 and cover fewer
products than the United States has proposed, they said.
US caution urged on textile issue
A spokesman for China’s Ministry of Commerce yesterday urged the US
Government to take a cautious and appropriate manner in handling the
Sino-US textile trade issues.
The statement was given after the US Committee for the Implementation of
Textile Agreements (CITA) announced Wednesday it had accepted petitions
from the US textile industry to launch investigations into whether
quotas should be imposed on 21 categories of clothing and textile
imports from China.
The spokesman said the move by the US side is against relevant rules of
the World Trade Organization and expressed China’s resolute opposition
to it.
CITA announced on Wednesday that it had accepted for review 13 textile
and apparel safeguard petitions covering 21 categories. Nine of those
petitions are reapplications for safeguards that previously have been
implemented by the US Government, but are scheduled to expire at the end
of the year. The other four petitions are new cases.
The spokesman expected the US Government would make a decision from the
perspective of overall bilateral interests.
The final decision will be made by January unless the US Government asks
for further time to complete its investigation.
While opposing the acceptance of new petitions, the spokesman also
welcomes a decision by the United States to delay a finding on whether
to set limits on four kinds of Chinese textile imports.
CITA announced on September 30 that it is extending until November 30,
2005, the period for determination on whether to request consultations
with China regarding imports of cotton and man-made fibre sweaters,
cotton and man-made fibre dressing gowns, and robes, men’s and boys’
wool trousers, and knit fabric.
“The US has not hesitated to use the textile safeguard mechanism as
being permitted under China’s WTO accession agreement; however, we are
seeking a longer-term solution that will permit the orderly development
of textile and apparel trade,” said Deputy Assistant Secretary of
Commerce and CITA Chairman James C. Leonard III in a statement.
“We have made progress in our consultations with the Chinese Government
and will meet again soon to continue those consultations. Today’s action
demonstrates our intent to consult in good faith, but we will not accept
a bad deal for the US industry”.
Negotiators from the United States and China reported progress last week
in their fifth round of talks on reaching a comprehensive agreement to
limit Chinese textile exports. Further talks are expected this month.
Sino-Japanese ties at
low point: Survey
Bureau
Report
BEIJING—Only 31 per cent of Japanese feel friendly towards China, less
than half the number that felt close to the United States, a survey said
yesterday, showing the strained ties between the Asian neighbors.
Of the 2,418 people interviewed by Japan’s Mainichi Shimbun, 31 per cent
said they were very much or somewhat friendly towards China, while 68
per cent said they did not feel so. The survey conducted by the major
daily, found that sentiment was particularly negative among the younger
generation, with more than 70 per cent in their 20s to 40s saying they
did not feel friendly towards China.
Those friendly to the US reached 65 per cent, overwhelming the 33 per
cent with negative views about Japan’s closest ally.
People who felt friendship towards the Republic of Korea (ROK) came to
44 per cent against 54 per cent who said otherwise.
The Mainichi Shimbun, which conducted the poll over September 2-4 across
Japan, said Japanese sentiment towards China fell after the April
rallies in China against Japan’s approval of a controversial school
history textbook.
The textbook, which whitewashes Japan’s wartime atrocities, also ignited
massive protests in other Asian countries victimized by the Japanese
invasion in World War II, including ROK and China.
Disputes over history have become the crux of strained ties between
China and Japan. Aside from the history textbook issue, Japanese Prime
Minister Junichiro Koizumi repeatedly visited the Yasukuni Shrine, which
honours 14 A-class war criminals alongside the Japanese war dead.
The two neighbors also have disputes over claims to undersea oil and gas
deposits in the East China Sea.
According to a joint opinion poll conducted by China Daily, Peking
University and Japanese think tank Genron NPO in August, 54.7 per cent
of Chinese see current bilateral ties at a low point.
About 90 per cent of the Chinese polled blamed Japan for the situation,
whereas more than half of Japanese polled said it was hard to tell who
bore responsibility.
However, 65 per cent of Chinese respondents and more than 40 per cent of
Japanese respondents of that poll believed economic ties between China
and Japan are still on track and will benefit both sides. Of Chinese
respondents, 59 per cent expressed the hope that China and Japan could
better co-operate to manage regional affairs. |