Tag: Foreign

  • With DeSantis running, foreign governments eye people in his orbit

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    For Qatar, Rubin’s firm helped facilitate meetings with government officials and provide PR assistance, first representing them in 2021. The firm also subcontracts out work to a progressive Florida-based communications firm, Edge Communications. The decision to renew the contract with Rubin, Turnbull and Associates gave the Middle Eastern nation continued access to one of the Republican Party’s most powerful and ascendant officials. Under the contract, which was filed with the Department of Justice, Rubin’s firm, which also counts a former DeSantis staffer among its ranks, is charged with government relations, communications, and public affairs “to advance the mutual interests of Florida and the State of Qatar.”

    Rubin, whose clients include the cruise company Carnival (Florida had sued the CDC over rules for cruises), Google, and Southwest Airlines, did not return a request for comment. He’s been an established figure of the state’s GOP politics, having been a longtime friend and adviser to Florida Sen. Rick Scott. Rubin and his wife also served as co-chairs of DeSantis’ first gubernatorial inauguration in 2019. Beyond Rubin, Heather Turnbull, the managing partner at Rubin, Turnbull and Associates, also served on the inaugural host committee.

    Foreign governments — like businesses or advocacy groups — have long turned to well-connected operatives and advisers as a way to push their interests before the government. Now, as the Florida governor emerges as the most viable GOP presidential alternative to former President Donald Trump, foreign entities are maneuvering to make sure that they had a line into his camp.

    While in Congress, DeSantis was an outspoken critic of Qatar, signing onto an inquiry regarding enforcement of Qatari-owned Al Jazeera under the Foreign Agents Registration Act. He also wrote on Twitter that he pressed the Qatari ambassador to the U.S. about the country’s “support for Iran and for the Muslim Brotherhood.”

    In a statement, Qatar’s embassy maintained that the renewal of Rubin’s contract was simply a routine administrative matter and the timing was unrelated to the DeSantis presidential announcement or “any other political considerations.”

    “The Embassy works with advisors in many parts of the United States as part of its diplomatic outreach mission,” the spokesperson, Ali Al-Ansari, said in an email. “Qatar’s principal interests in Florida involve expansion of bilateral trade and investment. Rubin, Turnbull assists the Embassy in promoting those interests.”

    A spokesperson for DeSantis did not return requests for comment.

    On April 12, the government of Japan inked a deal with the firm of Brian Ballard, a Florida lobbyist considered part of DeSantis’ inner circle. Ballard served as a co-chair of DeSantis’ inauguration earlier this year. His firm also represents Liberia, Guatemala, and the Democratic Republic of the Congo (and represented Qatar years ago).

    Less than two weeks later, DeSantis and his wife Casey DeSantis visited Japan, where he met with Foreign Minister Yoshimasa Hayashi and Prime Minister Fumio Kishida. Japan’s Foreign Ministry released its own statements touting the visit.

    In an interview, Ballard maintained that his work for Japan is bipartisan and for both Florida and Washington. He noted that DeSantis’ trip was already scheduled when his firm was brought on. However, a partner at the firm, Adrian Lukis, who served as DeSantis’ chief of staff, joined DeSantis on the trade mission, Ballard said. Lukis is a registered agent of Japan.

    Ballard did not recall any government inquiring about DeSantis and said his firm recently interviewed with a “large country” that did not ask about DeSantis in the hiring process (he declined to name the country). But, Ballard conceded, there could be more business opportunities to come when a Republican nominee emerges.

    “When there’s nominees in place, it probably is a very smart thing for forward thinking governments to do,” he said of foreign administrations hiring lobbyists to help them understand candidates for office.

    Ballard has been through this cycle before. He began lobbying Washington at the beginning of Trump’s presidency, cashing in on his connections to Trump, who had few formal Washington ties or former staff who had spread out among the K Street crowd.

    Ballard was among a small number of Trump-connected lobbyists who saw a boost in business years ago at the dawn of his presidency. After President Joe Biden won office in 2020, it fueled a similar rush of hirings. In fact, theGROUP DC — the firm where Joe Biden’s former director of legislative affairs Sudafi Henry is managing partner — registered to represent the Embassy of Japan in April, just days before the president announced his reelection campaign.

    Guardrails exist to prevent foreign interference in U.S. elections, including a ban on foreign nationals giving to campaigns. The Foreign Agents Registration Act, or FARA, compels lobbyists for foreign governments to make some of the details of their work public. Trump’s former campaign manager Paul Manafort pleaded guilty for failing to register his work for the Ukrainian government under FARA, but he was ultimately pardoned by Trump.

    More recently, the presidential campaign of Republican entrepreneur Vivek Ramaswamy employed consultants of the Saudi-funded LIV Golf. The campaign terminated those consultants after they filed as foreign agents.

    The DeSantis orbit includes individuals who had previously worked on behalf of foreign entities but have, they said, since given up those clients.

    Among those on that list is David Reaboi, a conservative personality who DeSantis’ team actively tried to recruit into his corner. His team hosted Reaboi and other influencers for an excursion that stopped at the governor’s office and mansion last year.

    Reaboi has been registered as an agent of the Hungarian embassy since 2020. More recently, he has become a prolific pro-DeSantis commentator. However, he maintained to POLITICO that he has not done any work for Hungary since 2021, and even when he traveled to the country for CPAC about a year and a half ago, he had no contacts with government officials. Reaboi said he did not realize he had to file with the Department of Justice to terminate the relationship but he would do so.

    Although she no longer represents the client, last year, DeSantis’ rapid response director Christina Pushaw back-registered as an agent of a Georgian and Ukrainian politician — Mikheil Saakashvili — for work between 2018 and 2020. Pushaw did so after being contacted by the Justice Department.



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    ( With inputs from : www.politico.com )

  • Jaishankar holds talks with Israel foreign minister on cooperation in defence

    Jaishankar holds talks with Israel foreign minister on cooperation in defence

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    New Delhi: External Affairs Minister S. Jaishankar on Tuesday held wide-ranging discussions with his Israeli counterpart Eli Cohen, focussing on cooperation in areas of defence, agriculture and water.

    “Productive and wide-ranging discussions with Foreign Minister @elicoh1 of Israel this afternoon. The main pillars of our strategic partnership – agriculture, water, defence & security – are taking our ties forward. New agreements in water & agriculture today underline the potential to do more,” Jaishankar tweeted after the meeting with Cohen.

    He also informed that discussions were held in cooperation in high-tech, digital and innovation and also connectivity, mobility tourism, finance and health sectors.

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    Both the leaders noted the progress in I2U2 and cooperation in multilateral fora. They also exchanged perspectives on their respective regions, Ukraine and Indo-Pacific.

    The two leaders also initiated an agreement in the area of mobility.

    Cohen on his part said that he had an “excellent meeting with the Foreign Minister of India – @DrSJaishankar. We are strengthening ties with the most populous country in the world, and expanding cooperation in the fields of cyber, agriculture and water”.

    “Our cooperation will strengthen Israel’s position in the world and stability in the Middle East,” Cohen tweeted.

    The Israel Foreign Minister, who arrived in New Delhi on Tuesday on a scheduled three-day visit, cut short his trip and is returning back to Tel Aviv on Tuesday night owing to some pressing concerns.

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    ( With inputs from www.siasat.com )

  • Saudi Arabia: Six more airports to receive foreign Haj pilgrims

    Saudi Arabia: Six more airports to receive foreign Haj pilgrims

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    Jeddah: Saudi Arabia has been gearing up to receive foreign Haj pilgrims this year at different airports in the Kingdom.

    Apart from Jeddah and Madinah, now Riyadh, Dammam, Taif and Yanbu airports will also receive Haj pilgrims who are flying through Saudia.

    Saudia, the national flag carrier, has announced that it will be transporting pilgrims from more than 100 scheduled destinations and 14 seasonal destinations around the globe into the Kingdom.

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    Amer Al-Khushail, CEO of Hajj and Umrah of Saudia Airlines also revealed that Prince Mohammad bin Abdulaziz International Airport in Madinah will receive the first flights arriving in the Kingdom on May 21.

    The Saudia will provide a smooth travel experience for pilgrims as it is pressing 176 aircraft to transport pilgrims and allocating more than 1.2 million seats.

    He said that 8000 cabin crew can speak 42 different languages. Added that Saudia also offers a unique collection of educational e-books on how to perform Hajj and Umrah in more than 14 languages.

    Saudia has updated its in-flight Islamic content, with more than 134 hours of various religious programs and 590 hours of Qur’an recitations, in addition to many other Islamic programs available in several languages.

    Saudia Group has also expanded its Hajj season plan activities to include sharing awareness messages to pilgrims in their languages through Hajj missions, Hajj organizations present in Makkah and Madinah, and across Hajj residences. In these messages, the company clarifies all matters related to the pilgrims’ journeys, including details related to baggage limits and requirements in order to facilitate an easy pilgrimage, media reports quoted him as saying.

    The senior official of Saudia also said that flyadeal would be involved for the first time in operations to transport pilgrims.

    Al Khushail highlighted that Saudia Group aims to achieve operational efficiency while fully complying with safety standards, providing pilgrims with many further services including arranging the dispatch of zamzam water bottles to various destinations and providing additional flights for pilgrims wishing to travel to Madinah by air.

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    ( With inputs from www.siasat.com )

  • India’s foreign exchange reserves rise to $588.78 billion

    India’s foreign exchange reserves rise to $588.78 billion

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    New Delhi: India’s foreign exchange reserves increased marginally by $4.53 billion to $588.78 billion during the week ending April 28, according to Reserve Bank of India data released on Friday.

    As per the data, India’s foreign currency assets, the biggest component of the forex reserves, rose by $4.99 billion to $519.48 billion.

    During the week ending April 21, the country’s foreign exchange reserves had fallen by $2.164 billion to $584.248 billion.

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    Incidentally in October 2021, the country’s forex reserves had reached an all-time high of $645 billion.

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    ( With inputs from www.siasat.com )

  • Jaishankar hosts reception for foreign ministers attending SCO meet

    Jaishankar hosts reception for foreign ministers attending SCO meet

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    Benaulim: External Affairs Minister S Jaishankar on Thursday evening hosted a gala reception for the foreign ministers of Russia, China, Pakistan and other member nations of the Shanghai Cooperation Organisation (SCO), marking the beginning of a two-day conclave of the grouping.

    The main deliberations of the SCO Council of Foreign Ministers will take place on Friday.

    The reception at the sea-side Taj Exotica Resort in Benaulim was attended by Chinese Foreign Minister Qin Gang, Russia’s Sergey Lavrov and Pakistan’s Bilawal Bhutto-Zardari, Uzbekistan’s Bakhtiyor Saidov and SCO Secretary General Zhang Ming.

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    The foreign ministers of Kazakhstan, Kyrgyzstan and Tajikistan were also among those who joined the reception.

    This evening’s cultural performance was an amalgamation of Indian classical and folk dance forms along with Bollywood dance styles, as a glimpse of Hindi cinema.

    There was a special segment where representatives of the SCO countries showcased their dance performances.

    India is hosting SCO conclave amid the escalating confrontation between Russia and the West over the war in Ukraine and concerns over China’s expansionist behaviour.

    The overall situation in Afghanistan including apprehensions that the country may turn into a breeding ground for terrorism under the Taliban rule as well as the fast evolving regional security situation are expected to figure prominently during the deliberations on Friday.

    India is emerging as a key player among the SCO countries though China and Russia are seen as the major drivers of the grouping that is increasingly seen as an “alternative” to NATO.

    India is hosting the SCO conclave when its ties with China are under severe strain in view of the lingering border row in eastern Ladakh.

    People familiar with the preparation of the conclave said the foreign ministers will deliberate on overall challenges facing the region in the backdrop of the current geo-political turmoil and the state of bilateral ties between the member nations would not impact the discussions.

    The SCO is an influential economic and security bloc and has emerged as one of the largest transregional international organisations.

    The SCO was founded at a summit in Shanghai in 2001 by the presidents of Russia, China, the Kyrgyz Republic, Kazakhstan, Tajikistan and Uzbekistan.

    India and Pakistan became its permanent members in 2017.

    India was made an observer at the SCO in 2005 and has generally participated in the ministerial-level meetings of the grouping, which focus mainly on security and economic cooperation in the Eurasian region.

    India has shown a keen interest in deepening its security-related cooperation with the SCO and its Regional Anti-Terrorism Structure (RATS), which specifically deals with issues relating to security and defence.

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    ( With inputs from www.siasat.com )

  • Bilawal Bhutto arrives in Goa; first Pak foreign min to visit India in 12 yrs

    Bilawal Bhutto arrives in Goa; first Pak foreign min to visit India in 12 yrs

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    Benaulim: Pakistan’s foreign minister Bilawal Bhutto-Zardari arrived in Goa on Thursday to attend a conclave of the Shanghai Cooperation Organisation (SCO), becoming the first senior leader from the neighbouring country to visit India in almost 12 years.

    Bhutto-Zardari’s visit to India to attend the SCO Council of Foreign Ministers (CFM) meeting comes amid continuing strain in ties between the two countries on a host of issues including Islamabad’s use of cross-border terrorism in Jammu and Kashmir.

    The Pakistan foreign minister was received at the airport in Goa by JP Singh, the joint secretary heading the Pakistan-Afghanistan-Iran division at the external affairs ministry.

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    In 2011, Pakistan’s the then foreign minister Hina Rabbani Khar visited India and held talks with her the then counterpart SM Krishna.

    “I am very happy to reach Goa to lead the Pakistani delegation at the SCO Foreign Ministers meeting. I expect the SCO CFM meeting to be successful,” Bhutto-Zardari told reporters.

    Though there was a buzz in the media about Bhutto-Zardari’s two-day visit to Goa, both the Indian and the Pakistani side appeared to keep each other at arm’s length.

    People familiar with official engagements on the sidelines of the SCO conclave said there is no plan for a bilateral meeting between External Affairs Minister S Jaishankar and Bhutto-Zardari so far as there was no request for it from the Pakistani side.

    In a tweet with a caption ‘Salaam, from Goa India’, Bhutto-Zardari said: “Assalamualaikum, we have reached Goa for the Shanghai Cooperation Organisation (SCO) meet.”

    “I will first hold a meeting with Russian Foreign Minister. Then, will hold a meeting with Uzbekistan’s Foreign Minister. I will attend the dinner hosted for all the foreign ministers…,” he said in a short video.

    Before leaving for Goa, the Pakistani foreign minister said, “My decision to attend this meeting illustrates Pakistan’s strong commitment to the charter of the SCO.”

    “During my visit, which is focused exclusively on the SCO, I look forward to constructive discussions with my counterparts from friendly countries,” he said.

    The Pakistan foreign minister’s visit to India is the first such trip from Islamabad since 2011 as Khar visited New Delhi that year. She is currently serving as the minister of state for foreign affairs.

    In May 2014, former Pakistani Prime Minister Nawaz Sharif visited India to attend Prime Minister Narendra Modi’s swearing-in ceremony.

    In December 2015, former External Affairs Minister Sushma Swaraj visited Pakistan, and days later Modi made a brief visit to that country.

    The invitation to the Pakistan foreign minister to attend the SCO meeting was sent in January, days after Pakistan Prime Minister Shehbaz Sharif offered to hold bilateral talks between India and Pakistan.

    In an interview with UAE-based Al Arabiya news channel, Sharif had said Pakistan has learnt its lesson after three wars with India and now it wants to live in peace with India, if “we are able to resolve our genuine problems.”

    However, Pakistan’s Prime Minister’s Office later said negotiations are not possible without India revoking its 2019 actions on Kashmir.

    India has been maintaining that it desires normal neighbourly relations with Pakistan while insisting that the onus is on Islamabad to create an environment free of terror and hostility for such an engagement.

    The ties between India and Pakistan came under severe strain after India’s warplanes pounded a Jaish-e-Mohammed terrorist training camp in Balakot in Pakistan in February 2019 in response to the Pulwama terror attack.

    The relations further deteriorated after India in August 2019 announced the withdrawal of special powers of Jammu and Kashmir and the bifurcation of the state into two union territories.

    In a related development, Pakistan PM Sharif said his country’s decision to attend the SCO foreign meeting in India reflects its “commitment” to the SCO Charter and multilateralism as he asserted that his country was committed to playing its part to advance its shared values of peace and stability in the region.

    “We are committed to playing our part to advance our shared values of peace and stability in the region. We are all for win-win understandings based on connectivity, trade and mutually advantageous cooperation,” he further said.



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    ( With inputs from www.siasat.com )

  • India, Egypt hold 12th round of foreign office consultations

    India, Egypt hold 12th round of foreign office consultations

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    New Delhi: India and Egypt held the twelfth round of Foreign Office Consultations on Wednesday in Cairo when where both sides undertook a comprehensive review of the entire range of bilateral relations, covering politics, trade and commerce, according to the official statement released by External Affairs Ministry.

    The Indian delegation was led by Ausaf Sayeed, Secretary (CPV & OIA) and the Egyptian was headed by Ayman Kamel, Assistant Foreign Minister for Asian Affairs, Ministry of Foreign Affairs, Egypt.

    In the meeting, both sides undertook a comprehensive review of the entire range of bilateral relations, covering political, trade and commerce, investments, development partnership, capacity building, culture and people-to-people linkages, according to the statement.

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    They also discussed ways to further strengthen ties between India and Egypt and enhance cooperation in multilateral forums. Both sides exchanged views on regional and global issues of mutual interest including climate change, resilient supply chains and participation of Global South under India’s G20 Presidency, the statement read.

    The last round of FOC had taken place in December 2015 in New Delhi.

    During the visit, Secretary (CPV & OIA) also held a bilateral meeting with Ambassador Hamdi Loza, Deputy Foreign Minister for African Affairs and exchanged views on India-Egypt bilateral ties.

    He also called on Ambassador Khaled El Manzalawi, Assistant Secretary General, League of Arab States and had a substantive discussion on enhancing cooperation between India and countries of the Arab world. Secretary(CPV & OIA) also interacted with members of the Indian community at an event organised by the Mission.

    Both sides agreed to hold the next round of Consultations at a mutually convenient date in New Delhi.

    India and Egypt enjoy a great relationship. For the first time, in January 2023, Indo-Egypt held joint training exercise Cyclone.

    India and Egypt, two of the world’s oldest civilizations, have enjoyed a history of close contact from ancient times. With a population of around 110 million, a location that straddles Africa and Asia, and a capital that hosts the League of Arab States, Egypt is a pivotal player in development.

    It is also a country with which India enjoyed an exceptionally close relationship since immediately after its Independence. This is only natural, as the two countries were cofounders of the Non-Aligned Movement (NAM) in the 1950s.

    Even, Egypt’s President Abdel Fattah El-Sisi attended India’s 74th Republic Day parade as the chief guest. He was the first Egyptian premier to have been invited to the Republic Day parade.



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    ( With inputs from www.siasat.com )

  • Foreign investors remain net buyers in Indian stocks for second month

    Foreign investors remain net buyers in Indian stocks for second month

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    New Delhi: Foreign portfolio investors (FPIs) have remained net buyers in Indian stock markets for the second straight month after having sold two months on a trot in January and February, latest data from the National Securities Depository (NSDL) revealed.

    FPIs bought assets worth Rs 11,631 crore in Indian stock markets in April, according to NSDL data. In March, they bought assets worth about Rs 7,936 crore in Indian stock markets.

    The recent banking crisis in the US following the collapse of Silicon Valley Bank in early March and the relatively strong economic outlook for India seemed to have made renewed appetite for domestic stocks.

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    One of the most prominent lenders in the world of technology startups, Silicon Valley Bank, which had been struggling, collapsed on March 10, after a run on the bank by the depositors. Its closure led to a contagion effect and the subsequent shutting down of other banks.

    In January and February, FPIs sold equities worth Rs 28,852 crore and Rs 5,294 crore, respectively. NSDL data showed. Foreign investors were apparently cautious amid risks from the then volatility in Indian stock markets.

    Barring some exceptions, foreign portfolio investors (FPIs) had been selling equities in the Indian markets for over a year, which started in October 2021 for various reasons.

    Tightening monetary policy in advanced economies including rising demand for dollar-denominated commodities, and strength in the US dollar had then triggered a consistent outflow of funds from Indian markets. Investors typically prefer stable markets in times of high market uncertainty.

    In 2022, foreign portfolio investors sold Rs 121,439 crore worth of stocks in India on a cumulative basis, the historical data available on the NSDL website showed.

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    ( With inputs from www.siasat.com )

  • ED raids BYJU’s; claims it remitted Rs 9754 cr to foreign jurisdictions

    ED raids BYJU’s; claims it remitted Rs 9754 cr to foreign jurisdictions

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    New Delhi: The Enforcement Directorate (ED) has conducted search and seizure operations at three premises of Raveendaran Byju and his company ‘Think & Learn Private Limited’ in Bengaluru under the provisions of Foreign Exchange Management Act (FEMA), an official said on Saturday.

    The company runs a popular online education portal by the name of BYJU’s. During the searches, various incriminating documents and digital data were seized.

    “FEMA searches also revealed that the company has received foreign direct investment to the tune of Rs 28,000 crore between 2011 and 2023. Further, the company has also remitted Rs 9754 crore to various foreign jurisdictions during the same period in the name of overseas direct investment,” said the official.

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    According to the ED, the company has booked around Rs 944 crore in the name of advertisement and marketing expenses, including the amount remitted to foreign jurisdiction. It alleged that the company has not prepared its financial statements since financial year 2020-21 and has not got the accounts audited which is mandatory.

    “Hence, the genuineness of the figures provided by the company are being cross examined from the banks. Investigation against the platform was initiated on the basis of various complaints received from various private persons. During an investigation conducted by the probe agency, several summons were issued to the founder and CEO Raveendaran Byju. However, he always remained evasive and never appeared during the investigation,” said the official.

    Meanwhile, BYJU’S legal team spokesperson said that the recent visit by officials from the Enforcement Directorate (ED) to one of their offices in Bangalore was related to a routine inquiry under FEMA.

    “We have been completely transparent with the authorities and have provided them with all the information they have requested. We have nothing but the utmost confidence in the integrity of our operations, and we are committed to upholding the highest standards of compliance and ethics. We will continue to work closely with the authorities to ensure that they have all the information they need, and we are confident that this matter will be resolved in a timely and satisfactory manner,” he said.

    Underlining that it is business as usual, the spokesperson said, “We are committed to delivering high-quality educational products and services to our customers across India and the world.”

    Further investigation in the matter is on.

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    ( With inputs from www.siasat.com )

  • India’s foreign exchange reserves fall to $584.24 billion

    India’s foreign exchange reserves fall to $584.24 billion

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    New Delhi: India’s foreign exchange reserves fell by $2.164 billion to $584.248 billion for the week ending April 21, according to data released by the Reserve Bank of India (RBI) on Friday.

    In the previous reporting week, the overall kitty had risen by $1.657 billion to $586.412 billion.

    Incidentally in October 2021, the country’s forex reserves had reached an all-time high of $645 billion.

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    In the period under review, the reserves fell mainly due to foreign currency assets (FCAs) shrinking by $2.146 billion to $514.489 billion.

    The reserves have been declining as the RBI has used the funds to defend the rupee amid pressures caused mainly by global developments.

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    ( With inputs from www.siasat.com )