President Vladimir Putin is in India on a two-day state visit to India, his third trip to India during Prime Minister Modi’s term. A key agreement that has just been signed is the $5 billion deal for the S-400 air defence system. However, U.S. sanctions on Russia’s top defence manufacturers will be a hurdle in closing this agreement, making payments to Russia difficult and scaring away potential Indian partners, especially those with investments in the West. Gateway House looks at India’s options for successfully concluding this agreement without falling foul of American sanctions.
Kunal Kulkarni is a Senior Researcher at Gateway House. He has a Master of Laws (LL.M.) degree from SOAS, University of London and B.L.S./LL.B.from Government Law College, Mumbai. Kunal has worked with Wadia Ghandy & Co., a Mumbai-based law firm for 3 years and under a senior advocate in the Bombay High Court for over a year. He has experience in litigation and real estate matters and has appeared before various courts and tribunals including the Bombay High Court. In 2017, Kunal took a sabbatical for a year and was involved in the agriculture sector with a focus on hi-tech organic farming, post-production processing techniques and marketing. His family run NGO, Manas Rural Development Institute, which trains farmers in organic farming received the prestigious ‘Krushi Bhushan’ award from the Government of Maharashtra in 2017. His academic interests are international law, particularly arbitration law, trade and investment laws.
Amit Bhandari, Fellow, Energy and Environment Studies, Gateway House, and Kunal Kulkarni, Senior Researcher, Gateway House, write an op-ed for The Asian Age on the possible implications of U.S. President Donald Trump’s recent announcement to withdraw from the JCPOA, more colloquially Read more
India may end up being the unintended victim of renewed U.S. sanctions on Iran. It will push up the price of oil and cost India billions of dollars annually
American sanctions on Russian defence companies may end up hurting an innocent bystander: India's defence sector. In particular, they could threaten Indian military procurement, and also may complicate India’s attempts to produce more of its own defence hardware. India needs to study the issue closely to prepare for what may come
The recent crisis in the Maldives is a pertinent time to revisit an old case, highlighting the political uncertainties in the island nation due to growing Chinese influence and its impact on businesses and investors
Trends in technology, geopolitics and geoeconomics have dramatically transformed the global energy scenario in the last two years. This means favourable conditions for import-dependent India, which must use the opportunities available to reduce its vulnerability to high energy prices. The jump in oil prices past the $60 mark suggests that India must act with alacrity. India’s Energy Footprint Map offers a profile of India’s global trade and investment in energy, and indicates what India can do to access cheap and reliable supplies
European defence companies can contribute significantly to India’s military modernisation under the ‘Make in India’ campaign. But before this can happen they will have to deepen their interactions in the country at the political and strategic levels to identify common areas of interest and understand India’s technological priorities in the sector
Cyber cooperation between India and the European Union currently lacks a security focus despite the common threats they face. Differences persist on both sides regarding India’s data adequacy status which has resulted in a blocking of the Bilateral Trade and Investment Agreement negotiations.
India imports 80% of its oil and 80% of the imports are from vulnerable regions. This high-cost, high-risk approach is not sustainable, and the current low price of oil offers India an opportunity to secure its long-term energy needs by taking three concurrent steps: diversifying supply sources, investing in oil fields, and using financial instruments
China is the largest investor in Sri Lanka today, with funding and investment of nearly $15 billion. Gateway House tracks the Chinese money trail to Sri Lanka-- where it lands, where it stays--and assesses its depth. This is the second in the Gateway House Series on Chinese investments in South Asia.