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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY) -- Ignore unavailable to you. Want to Upgrade?

To: Marvin Mansky who wrote (1225)	3/16/2000 10:14:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 1471

Marvin I think the Clinton's trip has more symbolic value than substance most likely. He leaves for Indian on the March 19th, he is coming back on the 25th I believe. I don't think the the trip has any particular significance to SIFY.

To: Marvin Mansky who wrote (1225)	3/17/2000 1:52:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 1471

OT Clinton Seeks To Thaw Cold War Split With India Friday, March 17 6:48 AM SGT WASHINGTON (Dow Jones)--U.S. President Bill Clinton will travel to South Asia on Saturday to try to thaw the Cold War split with India and to tie the two countries firmly together as new allies, National Security Adviser Sandy Berger said Thursday. "For 50 years, America's relationship with India has been viewed through the prism of the Cold War and its aftermath... What the trip is fundamentally about - it's most important dimension - is to try to establish a new partnership with India," Berger said. "Not seeing India as a function of China or as a function of the Soviet Union, but to see India as the world's largest and the most vibrant and certainly one of the most promising democracies," Berger said. " 'We are natural allies,' Prime Minister (Atal Bihari) Vajpayee said not too long ago and that is a view that we share," Berger said. While the president will also visit Pakistan and Bangladesh, these stops will amount to little more than day trips. In India, Clinton will try to lay the ground work for closer economic ties, limiting India's nuclear program and de-escalating the tensions with Pakistan over Kashmir. India Has Unrealized Economic Potential On the economic front, Lael Brainard, Deputy National Economic Adviser, said India has tremendous commercial potential. She noted an initial wave of reforms have allowed the economy to post growth rates of between 7% and 8% over the last few years. However, she said India's future potential rests squarely on its willingness to undertake a second wave of reforms, something Clinton will point out to Vajpayee in his talks. "There is an important crossroad right now in the Indian economy," Brainard said. "They have a long way to go in terms of reaping the full benefits of economic integration with the rest of the world," Brainard said. Nevertheless, Clinton will press India on further cooperation in the high tech realm and will seek ways to build on the fact that people of Indian descent run about 750 companies in Silicon Valley and provide a natural bridge between the two countries. "The president will talk about these links and how the United States and India can take our technology and our economic partnership to the next level," Brainard said. However, the Indian government will be disappointed if they expect the U.S. economic sanctions to be lifted at this time. Nuclear Concerns Will Overshadow Trip Instead, Berger said it was up to the Indian government to meet key U.S. demands in regards to its nuclear program to get sanctions lifted. The first is to adhere to the policy of no new nuclear tests, the second is to impose strict export controls, the third is halt production of nuclear weapons fuel and the fourth is to show "restraint" in its overall nuclear program. Berger indicated the U.S. has little leverage over India on nuclear matters but said Clinton will express his views anyway. "Our view is that they are not more secure with nuclear weapons than they would be without them, and that our ultimate goal would be to persuade them to give up their nuclear program," Berger said. The same message will be delivered to Pakistani leaders, Berger said. The president will also urge both India and Pakistan to show restraint over the volatile issue of Kashmir but won't try to mediate a settlement of the dispute. "The Indians have made it very clear that that is not the way they prefer to see this issue dealt with. And we're certainly notgoing to interpose ourselves," Berger said. However, "the president will make plain his conviction that India and Pakistan cannot be secure unless they engage in dialogue to resolve tensions between them," Berger said. Clinton will also make it clear the U.S. largely blames Pakistan for the fighting that broke out around Kargil last summer and sent Indian-Pakistani relations into the deep freeze. Outside analysts have said that Indian-Pakistani ties are now at one of the worst levels ever and the two countries have virtually no contacts. Some analysts have even warned the two countries are headed towards war unless they change course. Clinton Will Take Message To Pakistani People On the Pakistani leg of his trip, Clinton will be able to take his message directly to the Pakistani people during a live television broadcast. Clinton will talk not only about "our high regard for the people of Pakistan, but our concerns about things that are happening in Pakistan because we are concerned about Pakistan's future," Berger said. In some respects, the swing through Pakistan will mirror the president's trip to India with Clinton urging nuclear restraint and a settlement of the Kashmir issue. However, he will also warn the Pakistanis on the threat of terrorism and the government's links to terrorist organizations. Finally, Clinton will tell Pakistan's military government that it shouldn't execute former Prime Minister Nawaz Sharif who is currently on trial on various charges including hijacking and attempted murder. (By Alex Keto;Dow Jones Newswires; 202-862-9256; alex.keto@dowjones.com )