U.S. President Donald Trump met NATO Secretary General Jens Stoltenberg at the White House Tuesday, where he took credit for increased burden sharing in collective defense spending. As White House Correspondent Patsy Widakuswara reports, the North Atlantic Treaty Organization is commemorating its 70th birthday in Washington with less pomp than usual, out of concerns for further verbal attacks from an American president who has repeatedly criticized the trans-Atlantic military alliance.
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The United States will not send high-level officials to attend China’s second Belt and Road summit in Beijing this month, a spokesperson for the U.S. State Department said on Tuesday, citing concerns about financing practices for the project.

China’s top diplomat, Yang Jiechi, said on Saturday that almost 40 foreign leaders would take part in the summit due to be held in Beijing in late April. He rejected criticisms of the project as “prejudiced.”

The first summit for the project, which envisions rebuilding the old Silk Road to connect China with Asia, Europe and beyond with massive infrastructure spending, was held in 2017 and was attended by Matt Pottinger, the senior White House official for Asia.

There are no such plans this year.

“We will not send high-level officials from the United States,” a spokesperson for the U.S. State Department said in answer to a question from Reuters.

“We will continue to raise concerns about opaque financing practices, poor governance, and disregard for internationally accepted norms and standards, which undermine many of the standards and principles that we rely upon to promote sustainable, inclusive development, and to maintain stability and a rules-based order.

“We have repeatedly called on China to address these concerns,” the official added.

Chinese President Xi Jinping’s Belt and Road Initiative has proven controversial in many Western capitals, particularly Washington, which views it as a means to spread Chinese influence abroad and saddle countries with unsustainable debt through non-transparent projects.

On Saturday, Yang called such criticisms “prejudiced,” saying China has never forced debt upon participants and the project was to promote joint development.

On Saturday, he did not name the 40 leaders he said would attend, but some of China’s closest allies have already confirmed they will be there, including Russian President Vladimir Putin, Pakistani Prime Minister Imran Khan, Philippines President Rodrigo Duterte and Cambodian Prime Minister Hun Sen.

​The United States has been particularly critical of Italy’s decision to sign up to the plan this month, during a visit by Xi to Rome, the first for a G7 nation.

Washington sees China as major strategic rival and the Trump administration has engaged Beijing in a tit-for-tat tariff war. 

The world’s two biggest economies have levied tariffs on hundreds of billions of dollars’ worth of bilateral trade since July 2018, raising costs, disrupting supply chains and roiling global markets.

White House economic adviser Larry Kudlow on Tuesday said the countries “expect to make more headway” in trade talks this week, while the top U.S. business lobbying group said differences over an enforcement mechanism and the removal of U.S. tariffs were still obstacles to a deal.
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Three of the eight countries to which Washington granted waivers to import Iranian oil have now cut their shipments from Iran to zero, a U.S. special representative said on Tuesday.

While the United States has set a target of driving Iranian oil exports to zero, it granted temporary import waivers to China, India, Greece, Italy, Taiwan, Japan, Turkey and South Korea.

“In November, we granted eight oil waivers to avoid a spike in the price of oil. I can confirm today three of those importers are now at zero,” Brian Hook, the envoy on Iran, told reporters.

Hook did not identify the three countries.

“There are better market conditions for us to accelerate our path to zero. We are not looking to grant any waivers or exceptions to our sanctions regime,” Hook said.

A senior Trump administration official told reporters on Monday that the U.S. government was considering additional sanctions against Iran that would target areas of its economy that have not been hit before.

The administration aimed to follow through with new sanctions around the anniversary of U.S. President Donald Trump’s announcement last May withdrawing the United States from a 2015 nuclear deal between Iran and several world powers, the official said.

The accord sought to prevent Iran from developing a nuclear bomb in return for the removal of sanctions that had crippled its economy. Trump ordered U.S. sanctions to be reimposed on Iran.
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Vice President Mike Pence said on Tuesday the United States would continue to pressure Venezuela’s oil industry and those who support it with economic sanctions, citing world oil prices as low enough to allow for the measures.

Oil prices hit their highest point since November on Tuesday, with Brent crude approaching $70 a barrel, based in part on fears that U.S. sanctions against OPEC members Iran and Venezuela would result in a cut to global supplies.

“We recognize the importance of energy to the United States,” Pence told reporters. “But the price of oil around the world has been quite low for some time, quite competitive for some time, and we’re just going to continue to stand firm and bring even more pressure on this regime,” he said.

A White House official said while oil prices have crept up from historic lows recently, prices are still under last year’s highs.

Pence’s comments stood in contrast to concerns that President Donald Trump has voiced about oil prices. As recently as last week, Trump called for the Organization of the Petroleum Exporting Countries to boost production, saying on Twitter that the price of oil was “getting too high.”

Pence, who is helping lead the White House campaign to dislodge Venezuelan President Nicolas Maduro from power, made his remarks in a meeting with family members of six executives jailed in Venezuela since 2017. The executives worked for Citgo Petroleum, the U.S. refinery division of Venezuelan state oil firm PDVSA.

The United States and most other Western countries have backed Venezuelan opposition leader Juan Guaido, who declared himself interim president in January, arguing that Maduro’s 2018 reelection was illegitimate. Maduro has called Guaido a puppet of the United States.

The United States slapped stiff sanctions on PDVSA in January, aimed at cutting Maduro’s government off from oil revenues.

Trump is considering expanding the measures with sanctions on foreign companies that do business with Venezuela, his national security adviser John Bolton said on Friday.

“We’re going to continue to bring pressure on the oil industry. We’re going to continue to bring pressure on countries in this hemisphere who are supporting the dictatorship in Venezuela,” Pence said.

Pence also said the Trump administration was considering new measures to punish Cuba, which has close ties with Maduro.

“We’re looking at strong action against Cuba which continues to provide personnel and support for the dictatorship in Venezuela,” he said.

‘Worried for Their Life’

Pence expressed sympathy to the family members of the six Citgo executives – five U.S. citizens and one legal permanent resident – who were arrested in Caracas during corporate meetings and accused of embezzlement and money laundering.

Pence said the men had been “illegally detained” and that 16 court hearings had been canceled as the men languished in basement cells without enough food or medical treatment. He said the Trump administration was working for the prisoners’ release.

“We are just worried for their life and we just want them home as soon as possible,” said Carlos Anez, who told Pence his father had worked for Citgo for more than 20 years before he was detained.
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Senior Brazilian officials charged with steering pension reform through Congress presented a united front on Tuesday, insisting on an end to the political finger-pointing in recent weeks that threw the government’s signature reform bill into doubt.

Brazilian stocks hit a nearly three-month low last week on growing signs of political infighting and skepticism that President Jair Bolsonaro was fully committed to the political consensus-building needed to get lawmakers to pass his pension reform bill.

But the message on Tuesday from Vice President Hamilton Mourao, Labor and Pensions Secretary Rogerio Marinho and the government’s leader in the lower house, Vitor Hugo, was that the government is listening and willing to work with Congress.

“We have high expectations that parliament will approve pension reform in the coming months, and then it’s onto tax reform,” Mourao said at an event in Rio de Janeiro.

Vitor Hugo said “a page had been turned” from the tension of last week, adding that Bolsonaro and his top ministers are getting more involved in the negotiations with lawmakers to build the political support needed to get passage approved.

Still, Brazil’s benchmark Bovespa stock index slipped nearly 1%  on Tuesday tracking losses.

The government’s plan targets over 1 trillion reais ($260 billion) in savings over the next decade from a radical overhaul of the social security system. Economists insist this is needed to shore up the public finances, revive the economy and boost investor confidence in Brazil.

But the proposal is likely to be watered down as lawmakers extract concessions and exemptions. Military personnel have already secured pay raises that almost fully make up for losses from later retirement ages and more required contributions.

Marinho said that the government continues to analyze benefits for rural and disabled Brazilians, two points that have provoked the strongest opposition in Congress.

A lawmaker survey run by transparency group Atlas Politico on Tuesday showed that the government currently has the support of 171 of the 308 lawmakers needed for the bill’s passage in the lower house, which would send the proposal to the Senate.
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NATO foreign ministers are gathering in Washington, D.C. this week to celebrate the 70th anniversary of the North Atlantic Treaty Organization. U.S. President Donald Trump has been critical of other alliance members for under-investing on defense and relying too heavily on the United States. 

We take a look at the alliance. 

What is NATO?

The North Atlantic Treaty Organization is an alliance of 29 countries bordering the North Atlantic Ocean. It was created in 1949 as a bulwark against the Soviet Union. Its purpose is to “guarantee the freedom and security of its members through political and military means,” according to its website. 

Who are the members? 

The initial alliance was entered into by 12 nations, including the United States, Britain, Belgium, Canada, Denmark, France, Iceland, Italy, Luxembourg, the Netherlands, Norway and Portugal. Seventeen others have joined the group since. Montenegro is the latest member, joining in 2017. According to Article 10 of the Washington Treaty, membership is open to any “European State in a position to further the principles of this Treaty and to contribute to the security of the North Atlantic area.”

What is its aim? 

NATO’s main aim is security and defense of its member nations. Article 5 of the treaty states that “an armed attack against one or more” member state “shall be considered an attack against them all.”

The collective defense principal at the heart of the treaty was invoked for the first time after the 9/11 attacks on the United States. NATO responded to a U.S. request for help in the war on al-Qaida in Afghanistan. It took the lead from August 2003 to December 2014. At its peak, it deployed 130,000 troops.

Who funds NATO? 

Each member country pays a certain amount into the NATO budget based on an agreed upon formula. But, the United States has been bearing nearly two-thirds of the alliance’s defense bill. The NATO charter requires member states to spend 2 percent of the nation’s wealth on defense. According to NATO’s most recent estimate, released in June 2017, six countries hit the 2 percent target: the United States, Greece, the United Kingdom, Estonia, Romania and Poland.

NATO vs. Trump

President Donald Trump has long been critical of U.S. involvement overseas. He has specifically railed against NATO members for not contributing more money to their own defense. In July, he went so far as to claim that the alliance owed the United States money.

“Many countries owe us a tremendous amount of money from many years back, where they’re delinquent, as far as I’m concerned, because the United States has had to pay for them,” he said. “So if you go back 10 or 20 years, you’ll just add it all up, it’s massive amounts of money is owed.”

But that is not how the alliance’s budget works. While not all member states are meeting their commitments, as explained above, more are expected to increase their contributions this year.

Trump has also threatened to pull out of the treaty, which experts say would be a monumental mistake.

The celebration of NATO’s 70th anniversary was downgraded to a meeting of member foreign ministers, because diplomats feared Trump would use the occasion to mount renewed attacks on the alliance. Trump is not expected to address the meeting in Washington this week. 
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