BRI sputters in South Asia
A decade after its launch, China’s Belt and Road Initiative has slowed down in South Asia, the result of poorly conceived projects, and irresponsible behavior from borrower and lender alike.
A decade after its launch, China’s Belt and Road Initiative has slowed down in South Asia, the result of poorly conceived projects, and irresponsible behavior from borrower and lender alike.
The 22nd India-Russia summit, held in Moscow on July 9 during Prime Minister Modi’s official visit, focused on expanding bilateral economic, energy, cultural and defense cooperation. It indicates the two nations’ commitment to adding substance and new momentum to their relationship. The long-delayed summit, which coincided with the NATO summit in Washington, should be viewed through the wider lens of a multipolar world.
Pakistan’s peripheral regions have long been treated as colonies to benefit the Punjabi core. This neglect is facing a vigorous pushback, in the form of peaceful protests and violent resistance. The economic crisis has exacerbated tensions in Baluchistan, Khyber Pakhtunkhwa and Gilgit-Baltistan, which remain poor despite abundant natural resources.
The long-delayed Iran-Pakistan pipeline has put Pakistan in yet another bind of its own making. Abandoning the project will expose it to Iranian penalties, while completing it will violate the sanctions imposed by the U.S., its financial benefactor, and its other patron Saudi Arabia which competes with Iran for West Asian leadership.
China is racing ahead in building powerful emerging technologies for use in space, cyber security, artificial intelligence and quantum computing. The Quad countries still have an edge in these capabilities – but must collaborate in the Indo-Pacific now to maintain their comprehensive national power and global influence to keep China at bay.
As India begins membership talks with the International Energy Agency, Senior Fellow for Energy, Investment, and Connectivity at Gateway House, Amit Bhandari joins us to talk about how we got here, what’s in it for both parties, and how the agency will adapt to the increasing strategic autonomy of India and countries like it.
The geopoliticisation of the Israel-Hamas war has given birth to a new era of ruthlessly pragmatic and overlapping interests of multiple powers and actors. This is visible in the region of Middle Eurasia, the centre of the ongoing rearrangement of the world order.
Tensions in West Asia have disrupted global shipping and revived interest in the Chennai-Vladivostok Eastern Maritime Corridor. Better freight and passenger connectivity between Southern India and Russia’s Far East will open new areas for bilateral cooperation such as the export of machinery, auto parts and engineering goods from India, and progressively integrate the economies of the two countries.
Two climate and environment conferences in December 2023, one with global attention in Dubai and the other with a hyper-local focus in the Eastern Himalayas, highlighted the need for a more nuanced conversation on climate and forced population displacement. They both point to a need for a multi-factored model in the analytical approach to forced migration.
India and France are both large energy importers with a shared interest in stable prices and decarbonisation. They have much to offer each other. France is a leader in nuclear power and green hydrogen, and can help India with the technology it needs. India, with its large and growing market, can help bring down the cost of these technologies and mainstream them.