bimstec 2 Courtesy: Twitter- BIMSTEC
19 May 2022

Incorporating the Blue Economy into BIMSTEC

The BIMSTEC charter has laid the foundations for a prosperous, peaceful, and sustainable Bay of Bengal region, a goal that can be achieved by greater integration and deeper collaboration. While ensuring continuity with past efforts and strengthening economic cooperation is necessary, it must also realise its potential in newer areas such as the blue economy, which has three interlinked pillars— connectivity, prosperity, and regional stability.

ASEAN FINAL Courtesy: asean.org
17 May 2022

Is the U.S. central or peripheral to ASEAN?

The recently concluded ASEAN-U.S. Summit has raised the bilateral cooperation to a strategic comprehensive partnership. Key areas of cooperation were identified and global health, SDGs, maritime security and connectivity, and the Ukrainian war dominated the dialogue. The meeting is significant in light of the May 24 Quad Summit, where it is important for the US to have its engagement with ASEAN visible.

IMG-1640 Courtesy: Ministry of Foreign Affairs, Bhutan
12 May 2022

Mainstreaming the climate agenda in BIMSTEC

The rejuvenated BIMSTEC, with a new charter in hand, is now expanding its ambition and mission. One such area is climate change, which needs greater attention as it will have implications for the Bay of Bengal and beyond. With their unique climate conditions and action plans can together create a model for regional cooperation.

china-solomon Courtesy: Financial Times
21 April 2022

Economic and human security in the Indo-Pacific

China has established a dominant presence in the Indo-Pacific through exploitative economic engagements. This has destabilised smaller nations in the region and made them dependent on Chinese support. For a free and open Indo-Pacific, India must press its advantage in human and economic capacity building.

bimstec final Courtesy: Ministry of Foreign Affairs, Sri Lanka
7 April 2022

A formal, opportune BIMSTEC

The recently concluded BIMSTEC summit is now a regional intergovernmental organization with a formal charter, giving it a clear mission and legality and a destiny linked to South and South East Asia. It is now better equipped to accelerate economic development for the fifth of the world’s population, which contributes only 4% of global GDP.

bimstec 2022 Courtesy: BIMSTEC
31 March 2022

BIMSTEC steps forward

BIMSTEC is of special importance to India as it is a crucial link between the Neighbourhood First and Act East policies. This almost 25 year old multilateral can contribute to the Indo-Pacific region by addressing challenges in strategic areas of regional connectivity, security cooperation, free trade, and geoeconomic ties with external partners.

Logistics,And,Transportation,Of,Container,Cargo,Ship,And,Cargo,Plane Courtesy: Shutterstock
10 March 2022

India in the Resilient Supply Chain Initiative

Concerns of global supply chains being overdependent on China has shifted the focus to India. This became clear in 2021 when Australia, Japan and India together launched the Resilient Supply Chain Initiative. India must now leverage its unique position in the Indo-Pacific region by incorporating well-planned industrial clusters and models.

TDB_car_151021 Courtesy: TDB
24 February 2022

Enhancing Regional Financial Intermediation in the Indo-Pacific

Financial intermediaries are critical lubricants for business, growth and development. The Indo-Pacific countries are industrializing, but smaller nations lag behind economically. The Quad countries can aid the advancement of the financial architecture in the Indo-Pacific by helping to develop an ecosystem, modelled on the examples of Japan and India.

quad fm photo mea Courtesy: Ministry Of External Affairs
24 February 2022

The Quad converges beyond China

The Quad Foreign Ministers’ Meeting, held in Melbourne on February 11, revealed an ambitious plan for economic and developmental affairs, beyond the security concerns posed by China. Despite differing approaches towards Myanmar and Ukraine, the Quad countries are strengthening their cooperation while maintaining strategic autonomy.