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India to Oppose US, China on Two Key Proposals at G20 Summit

India is going to oppose China’s proposal on setting up a research centre for information on corrupt persons.

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World
2 min read
Preparation during the G20 Finance Ministers and Central Bank Governors Meeting in Chengdu, China in July 2016. (Photo: AP)

India will oppose the United State of America and China on two key proposals at the G20 Leaders Summit. China had proposed to set up a research centre for information on corrupt persons and the US proposed to specify a date for ending fossil fuel subsidies.

The summit is going to take place in Hangzhou between 3-5 September.

The US had floated a non-paper last year that called upon all countries to agree to a ‘date certain’ on ending fuel subsidies, Indian negotiators told The Indian Express. India does not support it, added the negotiator.

Today, there are no subsidies on petrol and diesel. In fact, these petroleum products are taxed significantly. Subsidies on cooking gas for the poor and supply of free electricity to farmers cannot be done away with.
Indian Negotiator 

“When US takes the lead, most others take the cue. In fact, Western countries are ahead of the US in setting the discourse on issues such as climate change. But Japan, after the Fukushima nuclear disaster, is keen on coal-based plants. It may not be opposed to ending fuel subsidies, but clearly it is pitching for clean coal-based fuel. We are also trying for technology transfer in this area,” an Indian government official said.

The final word after the energy ministers’ meet on 29 June said that countries would endeavour to make further progress in rationalising and phasing out inefficient fossil fuel subsidies over the medium term.

India is also skeptical about the China’s proposal to set up a research centre that would create a database on “persons sought for corruption and asset recovery”.

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“Initially, the word used was ‘fugitives’, which was later replaced by ‘persons sought for corruption’,” said an Indian official.

“China proposed to base the research centre in its country. We do not even know who would be the staffers; whether all of them would be Chinese nationals. So, we are circumspect. We are not sure if they would list people with whom India has good relationships in the database,” another person familiar with the negotiations said.

An Indian official said the government would certainly wait for more details on the China proposal.

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

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