India has condemned the alleged use of chemical weapons in Syria and anywhere else in the world.Talking to media persons at St.Petrsburg, Russia, Planning Commission Deputy Chairman Montek Singh Ahluwalia said that during the dinner hosted by Russian President Vladimir Putin for G 20 leaders last night, Prime Minister Dr Manmohan said that India supports the view of ascertaining the facts on what happened in Syria before taking any action against it.
He said, the countries should wait for the UN Inspection report and in case the report verifies the use of chemical weapon, action should be taken under the auspices of United Nations only. Dr Singh said, the violation of any international law by Syria should be dealt by United Nations.
The United Nations Secretary General Ban Ki Moon also endorsed India’s view by noting that the ongoing conflict in Syria must be settled diplomatically and weapons must not be supplied to any conflict side.Our Correspondent reports that the issue of the Syrian conflict was not on the agenda of the G20 summit and the UN Secretary General thanked Mr. Putin for letting him to bring up this problem at the dinner.Our correspondents covering the meet report that though the G 20 meeting is overshadowed by the crisis in Syria, and there are deep divisions between nations over possible American military action, the heads of state are still expected to collectively endorse an economic policy statement that will encourage the continuing fiscal stimulus, or government spending, to help the recovery. The meeting is also likely to encourage governments to carefully coordinate tapering off monetary stimulus programmes.
The group of 20 countries are also expected to sign on to a new set of tax rules for multinational corporations today. They may agree to enact new tax laws that would limit the ability of multinational corporations to legally avoid paying taxes by operating subsidiaries in certain countries. The effort at tax reform would squeeze more money from multinational corporations and shift a portion of the global tax burden from individuals and small businesses to large corporations.
On the issue of agreement by the BRICS countries for the creation of a 100 billion dollar fund, Dr. Ahluwalia said that the reserve pooling arrangement will help in boosting market sentiments .He said, India already has 280 billion dollar reserve of its own plus it has currency swapping arrangement of 115 billion dollars with Japan.
The creation of contingent reserve arrangement will improve the borrowing power of India from international institutions like IMF.
