Courtesy:
The BRICS Summit in Johannesburg has drawn international attention to the grouping’s past record of achievements and failures, its strained internal dynamics, and new challenges. As BRICS heads into its 18th year, its success and way forward will depend on the members’ ability to tackle the principal challenge of retaining its internal solidarity while balancing expansion and its impact and influence in the world.
Courtesy: Valdai Discussion Club
The reference to India by Russian President Vladimir Putin at the Valdai Discussion Club may be interpreted as encouragement to New Delhi to use its good offices to nudge the warring sides to the negotiating table. Mediation is a big power game, and this may be the right time for India, at the cusp of the G20 Presidency, to start with a record of success
Courtesy: Reuters
The recent SCO Summit held in Samarkand was significant not only because it was held in-person after three years but also because of its rapid expansion and the increasing attention to economic development. The SCO’s progress on connectivity, commerce and digitalization is relevant for India which takes over the presidency in 2023.
Courtesy: Narendra Modi/Facebook
India will be president of the G20 in 2023. The world’s most influential economic governance body is facing an existential crisis, where the major powers have fallen out. With geopolitical currents redefining geo-economics, India needs to be ready to emerge as the chief global diplomat.
Courtesy: The Print
The shadow of the Ukrainian war was visible at the G7 summit. Anti-Russian formations were expected, but the extensive reference to China drew attention. The leaders did their part by extensively discussing challenges relating to climate, energy, environment, health, and food security. It is now for the G7 governments to deliver, to be taken seriously.
Courtesy: Shutterstock
Pakistan’s latest economic survey reveals the extent of the country’s indebtedness to China. High-interest Chinese loans, reckless multilateral borrowing, and ever-increasing defence budgets have deleteriously impacted Pakistan’s finances. Any lasting solution to these problems will have to involve China.
Courtesy: Foreign Affairs
China’s expansionist nuclear programme aims to bolster its capabilities, so much so, that Beijing's predictions boast 2500 new warheads by 2030, thus rivalling the American and Russian arsenals. As the dragon quadruples its nuclear propensity, heralding the world to something greatly unstable – a tripolar nuclear system; nuclear peace seems a quite convoluted goal.
Courtesy: Twitter- Narendra Modi
The strength and trust in the India-FRANCE bilateral was evident during the May 4th visit of Prime Minister Modi to Paris. Beyond the difficult discussions on multilateral issues, the partnership has been deepened in several key areas of cooperation, from defence to education, climate, energy, digitalisation and technical collaboration. Energy and digitalisation are two particularly bright spots for future collaboration.
Courtesy: Shutterstock
India’s oil consumption and imports are likely to resume their upward trajectory as the economy opens up, after a temporary drop due to the pandemic. To secure its energy needs, the country should shift course from investing in oil and gas assets of emerging economies to those of developed nations. The oil-rich Organisation for Economic Co-operation and Development (OECD) countries, such as Canada, Norway, and the U.S. can be given special consideration.
Courtesy: Shutterstock
The Quad countries are preparing for an autumn summit in Washington, which will provide an opportunity to discuss multilateral cooperation in various sectors. Four dimensions which merit closer attention and are crucial to the group's future are the Indo-Pacific strategies of European countries and the EU, partnerships with ASEAN and its members, closer India-U.S. ties and maritime security issues in the Pacific.