Word: joints
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...Danchon reflects the somber reality - but also the potential - of doing business in North Korea. The transportation infrastructure in the region is dilapidated, the power supply unreliable. But some companies are willing to take the risk. Four years ago, Wonjin Worldwide Corp., a Seoul-based mining company, formed a joint venture to mine and smelt Danchon's graphite, a heat-resistant material used in steelmaking and other industrial applications. The first shipment of 200 tons of graphite arrived in the South's port of Inchon in mid-December, and despite the problems in the North, Wonjin Worldwide now wants...
...joint exercise follows a series of smaller steps to break the ice, including a joint mountaineering expedition and joint naval exercises. In 2006, Beijing and New Delhi signed a memorandum of understanding (MoU) providing for regular war games and annual defense summits. The thaw in the long-time Sino-Indian cold war began with the 1996 visit of Chinese Premier Jiang Zemin to New Delhi. Since elevating the relationship to a "strategic partnership" in 2005, the two countries have seen bilateral trade exceed $20 billion last year, and have worked together to voice common concerns in such international forums...
...understand the significance of 100 Indian soldiers spending a week running around southwestern China alongside troops from that country's People's Liberation Army in mock battles against imaginary terrorists, it is worth noting that Operation Hand in Hand is the first-ever joint exercise between these two armies. They fought each other in 1962, and have not exactly warmed to one another in the decades since, for much of which India was close to China's erstwhile communist rival, the Soviet Union, while China has been a reliable ally of India's arch-foe, Pakistan. "The two sides will...
...setting up naval bases in the Indian Ocean. But China has its own strategic concerns, particularly the fact that India is being courted by the U.S. in a strategy aimed at forging a regional alliance comprising India, Japan, Australia and the U.S. To that end, last September, India held joint naval exercises in the Bay of Bengal with the U.S., Australia, Japan and Singapore, soon after China's military exercises with Russia and the Central Asian members of the Shanghai Cooperation Organization. China has also been protesting against India's refusal to allow Chinese direct investment in Indian ports, telecommunications...
...Last week, after the joint session of the House of Representatives and the Senate convened to re-elect all seven members of the Cabinet for the next four-year term, Blocher had no reason to pop any corks. In a surprising twist of events the two bodies, which constitute the parliament, voted to oust Blocher, 67, who became Justice Minister during his Cabinet tenure and generated widespread criticism for his lack of collegiality, confrontational style and divisive politics. In his place the legislators elected his more moderate SVP colleague, Eveline Widmer-Schlumpf, who was not even in the running...