Research and Markets: A Comparative Analysis on the Development of Chemical Fiber mfg. Industry in 31 Provincial Regions

June 10, 2010 By Leave a Comment

DUBLIN–(Business Wire)–
Research and Markets
(http://www.researchandmarkets.com/research/894771/china_chemical_fib) has
announced the addition of the “China Chemical Fiber Mfg. Industry Profile -
CIC28″ report to their offering.

Through a comparative analysis on the development of chemical fiber mfg.
industry in 31 provincial regions and 20 major cities in visualized form of data
map, the report provides key data and concise analyses on the chemical fiber
mfg. industry in China, a list of top 20 enterprises in the sector as well as
the comparison on investment environment in top 10 hot regions. In addition, the
report truly reflects the position of foreign enterprises in chemical fiber mfg.
industry across China based on a comprehensive comparison of operating
conditions among different enterprise types.

This report is based on Chinese industry classification (Industrial
Classification For National Economic Activities, GB/T 4754-2002). Additionally,
by original creation of ZEEFER Industry Distribution Index, the report directly
shows the difference in various regions of Mainland China in terms of chemical
fiber mfg. industry, providing an important reference for investors’ selection
of target regions to make investment.

What will you get from this report?

* To get a comprehensive picture on distribution of and difference in
performance in regions of Mainland China in terms of the chemical fiber mfg.
industry;
* To figure out the hot regions in China for chemical fiber mfg. industry, find
out the potential provinces and cities suitable for investment as well as the
economic development level and investment environment in these regions;
* To get a clear picture on the overall development, industry size and growth
trend of chemical fiber mfg. industry across China in the past 3 years;
* To get a clear picture on development status of foreign enterprises,
state-owned enterprises, and private enterprises in recent years as well as the
industry position of the above ownerships;
* Present you with a list of top 20 enterprises inside the industry;

It is an indicator through aggregate weighted computation based on the three
authority statistics of enterprise numbers, sales revenue and profit by region
and corporate ownership, and in accordance with the regional distribution of
leading enterprises inside the sector. Through horizontal comparison on the
chemical fiber mfg. industry development in different provinces, municipalities,
and autonomous regions, the ZEEFER Industry Distribution Index is specially
designed to truly reflect the conditions of regional distribution for the
chemical fiber mfg. industry, providing a quantitative, visual and reliable
reference for relevant users to make decisions. The ZEEFER Industry Distribution
Index adopts a hundred mark system. For a certain region, the higher the score,
the higher the distribution concentration in this region and the industry
position of the region shall be more important.

Key Statistic Indicators Covered By This Report

* Industrial Output
* Number Of Employees
* Enterprise Number
* Sales Revenue
* Profits
* Rate Of Return On Sales
* Range Of Loss
* Total Losses
* Percentage Of Foreign-Funded And HK-, Macau-, Taiwan-Funded Enterprises In
Terms Of The Sales Revenue
* Growth Rate Of GDP Per Capita
* Growth Rate Of The Added Value Of Primary Industry
* Growth Rate Of The Added Value Of Secondary Industry
* Growth Rate Of The Added Value Of The Tertiary Industry
* Industrial Value-Added Of Enterprises Above Designated Size
* Growth Rate Of Industrial Value-Added Of Enterprises Above Designated Size
* Industrial Products Sales Rate Of Enterprises Above Designated Size
* Growth Rate Of Industrial Value-Added Of Foreign-, And HK-, Macau-,
Taiwan-Funded Enterprises
* Investment On Fixed-Assets
* Growth Rate Of Investment On Fixed-Assets
* Total Retail Sales Of Consumer Goods
* Growth Rate Of Total Retail Sales Of Consumer Goods
* Total Import & Export
* Growth Rate Of Total Import & Export
* Realized Foreign Direct Investment
* Growth Rate Of Realized Foreign Direct Investment
* Freight Mileage
* Growth Rate Of Freight Mileage
* Port Cargo Throughput
* Growth Rate Of Port Cargo Throughput
* Resident Population

Key Topics Covered:

1. Overview

2. The Nationwide Distribution Of Chemical Fiber Mfg. Industry In China

3. Introduction To Major Cities

4. Nationwide Distribution Of Foreign-Funded And HK-, Macau-, And Taiwan-Funded
Enterprises In Chemical Fiber Mfg. Industry

5. Nationwide Distribution Of Foreign-Funded Enterprises

6. Nationwide Distribution By Enterprise Numbers

7. Sales Revenue Of Foreign-Funded And HK-, Macau-, And Taiwan-Funded
Enterprises By Region

8. Sales Revenue In Different Regions For Chemical Fiber Mfg. Industry

9. Nationwide Distribution Of Top 100 Enterprises In Terms Of Sales Revenue

10. Comparison Of Foreign-Funded And HK-, Macau-, And Taiwan-Funded Enterprises

11. Analysis On Operating Status Of Enterprises By Corporate Ownership

12. Analysis On The Changes In Number Of Enterprises By Corporate Ownership

13. Analysis On The Changes In Sales Revenue By Corporate Ownership

14. Comparison On The Rate Of Return On Assets Of Enterprises

15. Comparison On The Investment Environment Indexes Of 10 Major Regions

16. List Of Top 20 Enterprises In Terms Of Sales Revenue

17. Index Explanation

For more information visit

http://www.researchandmarkets.com/research/894771/china_chemical_fib

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Copyright Business Wire 2010

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TN CM writes to PM on rehabilitation of Tamils in Sri Lanka

June 6, 2010 By Leave a Comment

Chennai, Jun 6 (PTI) Tamil Nadu Chief Minister M Karunanidhi today requested Prime Minister Manmohan Singh to take up the issue of Tamils still living in transit camps in Sri Lanka during his meeting with the president of the island nation. In a letter to Manmohan Singh, Karunanidhi said nearly 80,000 Tamils are still living in transit camps and they are awaiting rehabilitation measures by the Sri Lankan government.

“Those families who have been rehabilitated and settled elsewhere also be provided with economic development and justice-based reconciliation to work towards a permanent political settlement,” he said. He urged the prime minister to take up these issues during his meeting with Sri Lankan President at New Delhi on Tuesday “as a special agenda and impress upon him the need for earliest rehabilitation measures to Sri Lankan Tamils.

” Karunanidhi said Colombo had promised to rehabilitate all Sri Lankan Tamils living in transit camps before December 2009.

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China lifts ban on Internet services of Xianjiang after ten months

May 14, 2010 By Leave a Comment

Urumqi (China), May 14 (ANI): Believe it or not, it took China ten months to restore Internet services in the Xinjiang Uygur Autonomous Region.

The reason given by the authorities was the instability that prevailed in the area after a riot broke out.

Xinjiang dwellers now feel that this restoration of the Internet signals a reinstatement of the State’s confidence in the social stability of the region.

The move comes as a relief for the seven million Netizens inhabiting the region, as it will end their virtual isolation.

Authorities had banned the Internet after it was discovered that separatists and rabble-rousers had used the Internet, phone calls and text messages to spread havoc.

In a document released by its press office, Xinjiang”s regional government said Internet services were “fully resumed,” meaning netizens in Xinjiang were able to browse the web, chat online and put up postings again, Xinhua reports.

Resumption of Internet services was in line with maintaining stability and boosting social and economic development in Xinjiang, as well as the residents having access to information, the document said. (ANI)

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Chakhesang tribe of Nagaland celebrates Tsükhenye festival

May 13, 2010 By Leave a Comment

Dimarpur (Nagaland), May 13 (ANI): Members of Nagaland’s Chakhesang tribe recently celebrated Tsukhenye festival to mark the beginning of a new agriculture cycle.

Thousands of Chakhesangs gathered at the Dimarpur Stadium to participate in the `Tsukhenye’ celebrations, themed `Unity our strength’.

Organised by Chakhesang Hoho, Dimapur, the festival’s main attractions were indigenous folk songs, dances, wrestling, and a dress-exhibition.

The five-day festival is also underlined the need to celebrate youth, reward the righteous and punish the wrongdoers.

Chakhesang tribe has two main dialects — `Chokri’ and `Kuzhale’. Interaction at the festival sought the use of dialects for bringing the community together.

“Through this kind of festivals, we come together and strengthen unity. Division will only weaken us. . Through these kinds of festivals, we encourage youthfulness and vitality and convey the message that by working together we can do lots of things,” said S.K.Kenye, a participant.

“By coming together like this we learn to live with others. We are enjoying it,” said Medo, another participant during the festival.

The Chakhesang tribe believes in living in harmony, which they believe will lead to peace, prosperity and progress.

“The infrastructural development and economic development are important. All this cannot happen, if there is no peace, unity and harmony. So far, I think, there is total peace in the valley,” said Kuzholezo Nienu, Health and Family Welfare minister, Nagaland

Festivals like `Tsükhenye’ not only help in upholding India’s indigenous culture, but also spread the message of unity and brotherhood among all. (ANI)

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Granite Belt produces new plum

April 8, 2010 By Leave a Comment

A new type of plum that has been grown for added nutrition will soon make its way onto tables.

The Queensland Government and a private company will sell the Queen Garnet Plum and turn it into nutritional drinks.

The plum was developed at research stations on the Granite Belt and is high in anti-oxidants.

Dr Roger Stanley from the Department of Employment, Economic Development and Innovation says the plum will be exported all year round.

“As a processed fruit you can process it at peak condition and sell the extract for 12 months of the year and indeed export the extract so that it can be sold into the marketplace and advertising to promote the health properties,” he said.

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Recovery team aids flood-hit community

April 8, 2010 By Leave a Comment

The State Government has sent a recovery team to Burketown in north-west Queensland’s Gulf country to help in the flood clean-up effort.

The Albert River at Burketown peaked at a record level earlier this week and floodwaters have isolated the community.

Emergency Management Queensland spokesman Bruce Grady will lead the team, which includes representatives from the Department of Main Roads and Economic Development.

Mr Grady says they will be consulting residents about what assistance is needed.

“So is there anything that the community needs from an economic perspective, what does that community need to get their economy up and running again, issues with infrastructure, principally around the roads network up there and if we have any we are also likely to deal with any environmental issues,” he said.

Meanwhile, Telstra says floodwaters have inundated telecommunications equipment in the Gulf and has affected phone lines.

Some residents in the region say they have been without a proper phone connection for almost a month.

Telstra spokesman Wally Donaldson says it is trying to access those properties but that continues to be difficult.

“Unfortunately it is a harsh environment and when you get that much rain, cyclones, the ongoing wet season, it’s a really difficult environment for any sort of electronics, so … we’re always looking at what we do, we put more optical fibre in to make our telephone exchanges much more robust and reliable,” he said.

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March 24 talks would help US to forge closer ties with Pak : Clinton

March 23, 2010 By Leave a Comment

Washington, Mar.23 (ANI): US Secretary of State Hillary Clinton has said that the upcoming strategic dialogue with Pakistan would offer an opportunity to the Obama Administration to work closely with the Pakistan government and allay the massive anti-America sentiment prevailing in that country.

In her message on the occasion of Pakistan Day, Clinton said Washington is supporting Pakistan in its effort to dismantle and destroy the network of extremist groups that is not only posing threat to it but also to the US and the whole world.

“The US is supporting Pakistan’s efforts to strengthen democratic institutions, foster economic development, expand opportunity, and defeat the extremist groups who threaten Pakistan and the world,” The Daily Times quoted Clinton, as saying.

Describing the relationship with Pakistan as a “broad partnership” which is based on mutual respect, Clinton said the United States is committed to help Islamabad to establish peace and stability in the country.

“Today, your country is suffering from terrorism and your security forces and civilians are making great sacrifices to fight extremists. The people of the United States will stand by and support Pakistani efforts to build a peaceful and prosperous future,” Clinton said. (ANI)

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March 24 talks would help US to forge closer ties with Pak : Clinton

March 23, 2010 By Leave a Comment

Washington, Mar.23 (ANI): US Secretary of State Hillary Clinton has said that the upcoming strategic dialogue with Pakistan would offer an opportunity to the Obama Administration to work closely with the Pakistan government and allay the massive anti-America sentiment prevailing in that country.

In her message on the occasion of Pakistan Day, Clinton said Washington is supporting Pakistan in its effort to dismantle and destroy the network of extremist groups that is not only posing threat to it but also to the US and the whole world.

“The US is supporting Pakistan’s efforts to strengthen democratic institutions, foster economic development, expand opportunity, and defeat the extremist groups who threaten Pakistan and the world,” The Daily Times quoted Clinton, as saying.

Describing the relationship with Pakistan as a “broad partnership” which is based on mutual respect, Clinton said the United States is committed to help Islamabad to establish peace and stability in the country.

“Today, your country is suffering from terrorism and your security forces and civilians are making great sacrifices to fight extremists. The people of the United States will stand by and support Pakistani efforts to build a peaceful and prosperous future,” Clinton said. (ANI)

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Strategic dialogue to mark intensification of Pak-US partnership: Holbrooke

March 22, 2010 By Leave a Comment

Washington, Mar. 22 (ANI): US Special Representative for Afghanistan and Pakistan Richard Holbrooke has said that the Pak-US strategic dialogue on Wednesday would “mark a major intensification of our partnership.”

“This is a partnership that goes far beyond security, but security is an important part of it,” the Daily Times quoted Holbrooke, as saying.

“The US is supporting Pakistan as it seeks to strengthen democratic institutions, as it seeks to foster more economic development, expand opportunities, deal with its energy and water problems, and defeat the extremist groups who threaten both Pakistan’s security and stability in the larger region, and American national security as well,” he added.

Holbrooke said the talks led by US Secretary of State Hillary Clinton and Pakistani Foreign Minister Shah Mehmood Qureshi would also touch upon the Kerry Lugar Bill.

“We have to have the money appropriated. We are looking for every way to accelerate the obligations and the disbursement. We do not think that the money is moving as fast as we’d like it to,” Holbrooke said.

Meanwhile, Qureshi has reached Washington for the dialogue. (ANI)

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Mumbai Customs detain four persons under FERA Act

March 22, 2010 By Leave a Comment

Mumbai, Mar 22 (ANI): The Mumbai Customs Air Intelligence Unit (AIU) has detained four persons at the Mumbai Airport for violating the Foreign Exchange Regulation Act (FERA) norms as they carried digital phone memory cards worth Rs 52 lakhs.

The four passengers, who arrived here from Hong Kong, were attempting to walk through the green channel at the Mumbai International Airport without declaring their goods.

The custom officials, who were alerted about the four passengers, later detained them and recovered the memory card after a thorough search.

The four will be taken to the Mumbai sessions court today, where the police would be seeking their custody for further interrogation.

The investigating agencies suspect the four persons of working for some organization, which deals in smuggling and are attempting to find out the mastermind behind the racket.

FERA Act, 1973, is an act to consolidate and amend the law regulating certain payments, dealings in foreign exchange and securities, transactions indirectly affecting foreign exchange and the import and export of currency, for the conservation of the foreign exchange resources of the country and the proper utilisation thereof in the interests of the economic development of the country. (ANI)

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US supporting Pak effort to defeat extremism

March 22, 2010 By Leave a Comment

Ahead of the crucial US-Pak strategic dialogue, Secretary of State Hillary Clinton on Monday said that the Obama Administration is supporting Pakistan in its fight against extremism that poses threat to its existence and also the region and the other parts of the world.

“The United States is supporting Pakistan’s efforts to strengthen democratic institutions, foster economic development, expand opportunity, and defeat the extremist groups who threaten Pakistan, the region, and even our own country,” Clinton said.

“Our broad partnership is based on mutual respect and mutual interest, and this dialogue will be an opportunity to forge even closer ties between our nations,” Clinton said in a video message to the people of Pakistan issued on the eve of the Pakistan’s National Day on March 23.

“Pakistan is close to my heart, and I have been privileged to make five visits over the years. And I have seen firsthand how special your country is — rich with history and culture, blessed with natural beauty, and home to people of unforgettable warmth and strength,” she said.

Clinton along with her Pakistani counterpart Shah Muhammad Qureshi chairs the first US Pakistani Strategic Dialogue; being held in Washington on March 24.

“Today, your country is suffering from terrorism and your security forces and civilians are making great sacrifices to fight extremists. The people of the United States will stand by and support Pakistani efforts to build a peaceful and prosperous future,” Clinton said.

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Tiwi jobs dream dashed by funding knock-back

March 19, 2010 By Leave a Comment

A plan to create hundreds of jobs on the Tiwi Islands and resurrect the collapsed Great Southern plantations project has been scuttled by a funding knock-back.

The Tiwi Land Council’s Andrew Tipungwuti says the Tiwi Islands have asked for funding from the Aboriginal Benefits Account to keep thirty workers to maintain the plantation over the next four years.

He says the funds would also have been used to hire an extra 180 local workers to harvest trees.

He says the Tiwi people are disappointed the Indigenous Affairs Minister, Jenny Macklin, has not stepped in.

“We’re trying to secure the lives of the Tiwis but unfortunately it didn’t fall in our favour,” he said.

“Maybe the minister thinking that economic development isn’t such a good thing on Aboriginal communities.

“We’ve just been told the funding has been declined by the minister, there has been no apparent reason for it.

“Overall it’s just disappointing.”

A media release from Ms Macklin’s office said the Tiwi Plantations Corporation had asked for funding while they sought private investment but the commercial risks involved in the forestry project were substantial and best left to the private sector to assess and manage.

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Graziers to get flood help online

March 17, 2010 By Leave a Comment

The Queensland Government has organised an online flood assistance forum today for primary producers who cannot get off their properties to access information about help.

The web conference will involve speakers from the Queensland Rural Adjustment Authority, the Department of Communities and the Rural Financial Counselling Service.

Alex Stirton from the Department of Employment, Economic Development and Innovation says people can use their home computer and telephone to interact with speakers.

“We realise that a lot of producers probably aren’t able to leave home due to the floods, so we thought it was a good chance to get what information there is to producers as far as assistance from the recent floods,” he said.

“This is the first [online seminar] we’ve run for a natural disaster.”

Mr Stirton says the seminar is easy to use.

“It is an interactive seminar so producers can participate from their own homes,” he said.

“Producers register for the ‘webinar’ and receive an invite.

“They have to dial in over the telephone and it is done across the computer – so the audio is over the telephone and they watch the computer screen as the presenters go through their presentation.”

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Timber workers want support for FEA

March 16, 2010 By Leave a Comment

Timber workers have criticised the Tasmanian Government for failing to prop up ailing timber company Forest Enterprises Australia (FEA).

FEA’s four cent shares have been suspended for two weeks, with the company struggling to re-organise its debt of $216-million.

FEA has told the stock exchange its request for financial assistance had been rejected, but thanked the Government for its efforts.

The Economic Development Minister Michael Aird says the government is continuing to work with FEA, and will consider support for workers.

Barry Chipman from Timber Communities Australia says that is not good enough.

“Timber Communities Australia would hope that the government can review that decision because Forest Enterprises Australia is a vitally important company to Tasmania’s economy and it provides employment for regional communities throughout Tasmania, and while there’s still life there’s hope,” he said.

Mr Chipman says the government has propped up many companies and FEA should be no different.

“With the problems that our dairy industry was confronted with only last year and the drought assistance that’s been provided to the farming community and we would hope that whoever is the new government after the election next weekend can look very closely at doing whatever it can to assist this Tasmanian company.”

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FEA lifeline denied

March 15, 2010 By Leave a Comment

The troubled Tasmanian timber company Forest Enterprises Australia (FEA) has suffered another blow.

FEA has told the Stock Exchange its request to the Tasmanian Government for financial support has been rejected, and it will now ask its financiers for help, so it can restructure.

The economic development minister Michael Aird says the government continues to work cooperatively with FEA, and it will support workers who may be affected by any future developments.

Mr Aird says under caretaker conventions, he has kept the Opposition fully informed.

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India to build more highways than any other country in the world: Kamal Nath

September 17, 2009 By Leave a Comment

Zurich (Switzerland), Sep 17(ANI): Union Minister for Road Transport and Highways Kamal Nath on Thursday said that in the next two years India will build more highways than any other country in the world.

Inaugurating “Building India: Road Infrastructure Summit” at Zurich, he also invited European investors to invest in the road and highways sector in India, and said that India as a nation is determined to build a comprehensive high quality infrastructure.

Nath also said that the next decade would belong to infrastructure sector, as the last decade had been the decade of IT.

Stressing on the strong fundamentals of the Indian Economy, he said India is a safe destination for investment even in the times of recession and showcased the opportunities and potential of the Indian road sector to investors from across Europe.

Addressing a strong gathering of investors, developers and financial institutions, Nath said that the Government is back with enhanced mandate and building infrastructure is one of its important focus.

Elaborating on the new vision on road sector, he said that Government is committed to increase the pace of highway development to 20 kms per day, which would unleash huge business and investment opportunities, amounting to 70 billion dollars over the next 3-4 years.

In addition, it would also lead to an inclusive growth and provide connectivity to all stakeholders in socio-economic development.

Inviting investors to be a partner in building road infrastructure in the country, the minister said that out of total investment required, 40 billion dollars are expected to come from private sector. (ANI)

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US to ensure ‘highest standards of accountability’ for Pak aid : US official

August 29, 2009 By Leave a Comment

Islamabad, Aug.29 (ANI): The United States would like to ensure the ‘highest standards of accountability’ in utilization of aid being provided to Pakistan by the Obama administration in order to make sure that the funds are being utilized exactly for the purpose it is allotted for, a top US official has said.

Interacting with media persons at the US embassy here, the US Coordinator for Economic Development and Assistance to Pakistan, Robin Raphael, said ensuring transparency in the utilization of assistance would be a key benchmark.

“We want to ensure highest standards of accountability. We want to be clear where the money is going and how it is going,” The Daily Times quoted Raphael, as saying.

Commenting on the huge amount of administrative costs which is likely to be incurred, Raphael said every effort would be made to minimize the high intermediation charges.

She, however, highlighted that Washington would need foreign technical expertise in certain areas while working to lower the administrative costs.

According to an estimate, Pakistan would receive only the half of the actual monetary assistance promised by the United States, as a huge amount of money is likely to be deducted for administrative costs.

Commenting on the increasing energy needs of Pakistan, Raphael said US is considering investing hugely in the energy sector, including hydel power generation, to help the county overcome its energy crisis.

When asked about the reconstruction opportunity zones (ROZs) programme, she said America was also working to expand the area for ROZs, which were previously planned only for the war ravaged Federally Administered Tribal Areas (FATA). (ANI)

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Tamil Nadu women become self-dependent through home made milk sweet sales

May 4, 2009 By Leave a Comment

Krishnagiri (Tamil Nadu), May 3 (ANI): A voluntary organization in Tamil Nadu’s Krishnagiri District is helping women sell homemade milk sweets in the market.

The best part of this self-help exercise is that the women can appropriate the profits earned.

It is indeed a sweet way to enhance the economic status of women in Tamil Nadu.

Commonly called as Palkova in the region, the sweets prepared from milk is not only being sold among locals, but is also being purchased by people in Coimbatore, Erode and Bangalore.

The “palkova ” milk sweets are sold to various offices, shops, and retail shops. Every day at least these self-help groups are preparing 200 kilograms of milk sweets.

“Every day around 200 kgs of palkova (milk sweets) are prepared and distributed to Bangalore, Erode, and Coimbatore. The profits are shared between women of the self-help groups. The money that is earned is used for studies of children and for economic development of our families,” said Kavita, a member of the group.

The National Eye Womens Life Guard Trust (NEWLG TRUST) helps these self-help groups by giving them loans which they can repay in easy installments.

“We are working in both Kaveripattinam and Krishnagiri districts. We are working with 100 self-help groups. Our concern is economic development of women by identifying their talent. We help them with loans provided through central government. The loans are properly repaid by all women,” said Praveena, Director of the NEWLG TRUST.

On an average, each woman earns a profit of Rs.200 daily. (ANI)

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Advani promises ‘special status’ for Bihar if voted to power

April 11, 2009 By Leave a Comment

Patna, April 10(IANS) Bharatiya Janata Party (BJP) leader L.K. Advani Friday promised a ‘special status’ to Bihar if the National Democratic Alliance (NDA) comes to power after the Lok Sabha elections.

‘Special status for Bihar will be granted if NDA comes to power,’ Advani said in his address at a joint election rally with Janata Dal-United in Buxar town, about 125 km from here.

Chief Minister Nitish Kumar was also present on the occasion. The Bihar government has been stressing for a special status to speed up economic development in the state.

Advani also reiterated that Manmohan Singh is a weak prime minister.

‘I have no personal feud with Manmohan Singh but he is a weak PM going by his style of functioning,’ Advani said.

Advani will address two more public meetings in the state, in Nawada and Sasaram constituencies.

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Lebanon’s Seniora to run in upcoming

April 7, 2009 By Leave a Comment

Beirut – Lebanon’s Prime Minister Fouad Seniora announced Tuesday that he will run for the Sunni parliamentary seat in Sidon, southern Lebanon, in parliamentary elections due on June 7.

Seniora said he would campaign under the slogan of “coexistence, reform, socio-economic development and improvement of living conditions.”

He also pledged in a brief statement before entering a parliament session to “defend the freedom and sovereignty of Lebanon” and to “protect the republic and its constitution and safeguard Lebanon’s right to liberate its territory.”

Seniora called upon Sidon residents to support him, saying: “I rely on you, after God.”

Seniora is a close ally of late former premier Rafik Hariri, who was assassinated in February 14, 2005.

Lebanon last held parliamentary elections in May 2005, when the anti-Syrian ruling majority won a sweeping victory.

The elections in June will see a fight for votes between the Western-backed ruling majority and the pro-Syrian opposition which is led by the Shiite movement Hezbollah.(dpa)

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