Subscribe free to our newsletters via your
. Space Industry and Business News .




WATER WORLD
Japan pledges $500m for Pacific islands
by Staff Writers
Tokyo (AFP) May 26, 2012


Japan pledged aid worth up to half a billion dollars to Pacific island nations Saturday at a summit stressing the importance of maritime law in a region warily eyeing China's growing might at sea.

At the close of a two-day meeting on the southern Japanese island of Okinawa, leaders from 16 nations and one territory produced a joint declaration emphasising the need for international rules to be obeyed on the oceans.

"The leaders acknowledged the importance of promoting maritime cooperation, in such areas as marine environment, maritime security, maritime safety... to promote economic growth and to improve livelihoods and food security," the declaration said.

The pronouncement from the summit, which groups Pacific island nations alongside Australia, New Zealand and Japan, comes as China grows ever more assertive of its claims on areas of sea far from its mainland coast.

Beijing is currently involved in an increasingly bitter stand-off with Manila over a shoal off the Philippines' western seaboard, which has impacted trade ties and iced relations.

Japan has also clashed with China over disputed outcrops, notably the strategically coveted Senkaku islands, which Beijing calls Diaoyu, known to harbour rich fishing grounds and believed to sit atop valuable mineral beds.

In a forum Japan views as an important plank of its soft-power strategy, Prime Minister Yoshihiko Noda said Tokyo would be funding an insurance programme aimed at helping Pacific island countries deal with natural disasters.

In concert with the World Bank, the scheme is intended to provide short-term liquidity to governments in the event of a catastrophe like the earthquake-tsunami that hit northeast Japan in March 2011.

In addition to the insurance scheme, which has a reported price tag of $5.7 million, Tokyo will also look to give up to half a billion dollars in aid to Pacific Island countries.

"Our fiscal situation is tight due to the disaster," Noda told a press conference. "However, we will not be inward-looking but seek to be a country that will continue to contribute to the peace and prosperity of the world."

The $500 million, to be served up over the coming 36 months, mirrors the figure Tokyo gave the region over the previous three years. Details of what the money would fund were not immediately available.

The summit, the sixth of its kind since 1997, is one prong of Tokyo's charm offensive to garner support in its bid for a permanent seat on the UN Security Council.

Fiji, a member of the Pacific Islands Forum, skipped this year's summit, the Kyodo News agency reported. Japan last week said it had not invited Fijian strongman Voreqe Bainimarama amid concerns his moves towards restoring democracy have not gone far enough.

Had Bainimarama attended the Pacific Islands Leaders Meeting (PALM) in Japan, it would have signalled the isolated regime leader's first major opportunity to return to the international community after years of ostracism.

.


Related Links
Water News - Science, Technology and Politics






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








WATER WORLD
Global Warming Refuge Discovered Near At-Risk Pacific Island Nation of Kiribati
Washington DC (SPX) May 07, 2012
Scientists predict ocean temperatures will rise in the equatorial Pacific by the end of the century, wreaking havoc on coral reef ecosystems. But a new study shows that climate change could cause ocean currents to operate in a way that mitigates warming near a handful of islands right on the equator. Those islands include some of the 33 coral atolls that form the nation of Kiribati. This l ... read more


WATER WORLD
Mystifying materials

Just How Green is Google

'Metamaterials,' quantum dots show promise for new technologies

Thousands of invisibility cloaks trap a rainbow

WATER WORLD
Researchers Improve Fast-Moving Mobile Networks

Second AEHF Military Communications Satellite Launched

Fourth Boeing-built WGS Satellite Accepted by USAF

Raytheon to Continue Supporting Coalition Forces' Information-Sharing Computer Network

WATER WORLD
SpaceX capsule has 'new car' smell, astronauts say

SpaceX makes final approach to space station

SpaceX's Dragon makes historic space station dock

SpaceX Launches NASA Demonstration Mission to ISS

WATER WORLD
Spirent Launches New Entry-Level Multi-GNSS Simulator

Beidou navigation system installed on more Chinese fishing boats

Scientists design indoor navigation system for blind

Chinese navigation system to cover Asia-Pacific this year

WATER WORLD
EADS head says helicopter cracks not comparable to A380 woes

India may bar Europe carriers in climate tax row

Boeing to Modernize Flight Deck and Avionics for US and NATO AWACS Fleets

Northrop Grumman's Joint STARS Completes Flight Testing of JT-8D Engines

WATER WORLD
Japan's Renesas ups chip outsourcing to Taiwan giant

New silicon memory chip developed

Return of the vacuum tube

Performance boost for microchips

WATER WORLD
Nea Kameni volcano movement captured by Envisat

My American Landscape Contest: A Space Chronicle of Change

City's population is counted from space

Unparalleled Views of Earth's Coast With HREP-HICO

WATER WORLD
Fears as Latin America's largest trash dump closes

Ship's captain jailed over New Zealand oil spill

Germany, India in talks over treating Bhopal waste

Italy ditches plan for rubbish dump near Hadrian's villa




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement