Prime Minister Narendra Modi’s recent visit to Central Asia is an important moment for Indian business to increase its presence in the region. Before doing so, it must consider the region’s geopolitical and security challenges—but once past these hurdles, the region has many investment opportunities
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India must quickly recognise the evolving changes, challenges, and opportunities in Central Asia to avoid being relegated to the periphery of Eurasian trade AND geopolitics. It is now up to Prime Minister Modi to manage a rebalancing in Central Asia through diplomacy and cooperation rather than competition
The fall in oil prices is creating new complexities for the energy exporting economies of West Asia. With smaller profits, these countries may not be able to buy off political dissent at home and fund client governments and rebels abroad. Lower energy prices could also mean a renewed chance for peace
While the recent India-Japan Joint Statement contains significant breakthroughs, the China-Pakistan Joint Statement reveals the absence of warmth between India and China. With the current flurry of bilateral exchanges, India is fine-tuning its approach to emerging regional realities, as are others.
India’s relations with Islamic nations, many of which are members of the Organisation of Islamic Cooperation (OIC), have become even more prolific over the last decade. While India does not visualise becoming a member of a religious international body, many reasons militate against our formally joining the OIC.
Gateway House prepared a Global Stability Map, using 20 differing indicators, to analyze the stability of 60 countries around the world. Using criteria that are important to the emerging economies of the world, the map provides an Indian perspective of the world today.
Though some countries like Russia gained a strong foothold in Central Asia and the Caucasus post-1991, India has been a late-comer. Gateway House interviews former Ambassador to Azerbaijan Debnath Shaw to discuss India’s energy interests in the region, the Shanghai Cooperation Organization and the TAPI pipeline.
India will do well to expand its positive and trust-laden cooperation with Russia in commerce, technology, and education, into a broader regional one, and establish a more meaningful presence in Central Asia. This will also assist in the future acquisition of energy resources in the region.
This paper introduces the dilemma of both India and Russia, whose state-owned energy companies are forced to operate in a region where Chinese government corporations have been dominant.