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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (4642)6/17/1999 4:40:00 PM
From: Shivram Hala  Read Replies (1) of 12475
 
More News :

In one of the news articles yesterday (I forget which news source) Japan says that there is no evidence of pak violating the LoC nor evidence of Pak assistance to militants. Considering that Japan gets such info from the US one wonders why, when all nations are calling for pak to cease and desist, japan insists that no such eveidence exists. Also Japan is the only G8 member to say that there is no violation. I wonder what Japan gains by having such a stand.
Also, does anybody know how much India received before the sanctions and how much after the sanctions from Japan.
Anyway, here's news about a friend turned traitor as far as pak is concerned.

International US may impose sanctions against Pakistan for Kargil aggression ( india-today.com )

Washington: The US is likely to impose sanctions against Pakistan if it continues to ignore Washington's call to withdraw forces from the Indian side of the Line of Control (LoC). “Washington is drawing up a list of punitive measures if Pakistan does not withdraw. Among them: reimposing a ban on aid from international monetary organisations,” USA Today, in a despatch under the heading “Clinton warily watches India, Pakistan battle”, said.

US President Bill Clinton, in a telephonic conversation with Pakistan premier Nawaz Sharif on June 15 had asked him to withdraw Pakistani forces from the Indian side of the LoC in order to defuse tension and continue “direct dialogue” with New Delhi.

The paper said “US officials say the Pakistani army planned and carried out the operation, with guerrillas playing a minor role. Also involved are Afghan Taliban fighters.

Michael Krepon, heads the Stimson Center, a Washington-based think-tank, told the paper: “It is serious. If the Indians can't dislodge the Pakistanis, the crisis will escalate.” Pakistan, the paper noted, has so far rebuffed Clinton, insisting that Kashmiri Muslim guerrillas—not Pakistani soldiers—had taken an area, including a ridge overlooking the only highway India can use to resupply its forces.
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