Courtesy: Foreign Affairs
The U.S.-China relationship, which has wavered between cooperation and competition, has, over the past few years, veered more sharply towards confrontation – possibly because of China’s own more assertive stance. Now, Beijing’s confidence is under test, not only by these fractious relations, but also COVID-19 and an economic slowdown. Will these factors reveal its weaknesses?
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In his last and final State of the Union address, President Obama reasserted the United States’ global supremacy as a military and political power. He claimed credit for the historic Iran deal while conceding that Congress had maneuvered efforts on many crucial fronts
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The U.S. has finally ended its outdated policy of isolating Cuba. It is a triumph for the proud and courageous Cubans who have withstood so many overt and covert destabilisation attempts by the U.S. It is also a victory for Latin America which has opposed the U.S. embargo and advocated normalization of relations with Cuba
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In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
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A recent UN report praises governments for promoting the right to food. At the same time, India’s Food Security Act will encounter resistance at the WTO meeting in Bali in December. Can India play an exemplary role in the global power struggle over food security?
Courtesy: PMO
India seems to be treading down the path of fruitless populism that crippled many countries in the past, most notably in Latin America. But like Latin America, India too can embark on a course-correction by implementing pragmatic economic policies alongside progressive but results-driven social spending.
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Although India’s trade with Latin America has increased considerably, there is still much potential to be exploited. India’s should adopt an aggressive market oriented strategy by identifying local partners wherever possible to enable Indian companies to penetrate the region.
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Latin America is witnessing an exponential rise in regional integration of business houses. The resource-rich nature of most Latin American economies has led to an inward concentration of investment, which makes it an extremely interesting prospect for Indian investors.