Courtesy: Körber-Stiftung
The world is undergoing profound transformations that are not being driven only by the United States, China or Russia. Small and medium-sized States are carving out a legitimate place for themselves in the emerging new order. This second edition of our annual Emerging Middle Powers Report is a reminder that the signs of the times are showing a new momentum for middle powers.
Courtesy: Gateway House
India and Australia signed an Economic Cooperation and Trade Agreement (ECTA) in December 2022. The ECTA is the first of a unique, two-part trade agreement that will bring India into global trade regimes in a calibrated manner. For Australia, with its global trading knowledge and pragmatic approach, gaining first-mover advantage in India’s large market is a major win. This case study explains the elements of ECTA.
Courtesy: Gateway House
India and Indonesia have a comprehensive strategic relationship built on their ancient and modern histories, and a flourishing relationship sustained by trade, economic exchange and people-to-people contact. The India-Indonesia Track 1.5 Dialogue, hosted by Gateway House and the Centre for Strategic and International Studies, Indonesia, aims to provide policy recommendations to promote innovation and navigate evolving governance issues through bilateral and multilateral cooperation.
Courtesy:
Sri Lanka’s sovereign debt default in 2022 triggered the worst economic crisis in the country’s post-independence history. By mid-2024, the economy started showing signs of recovery, with a performance higher than other debt-defaulting nations and exceeded IMF expectations. The current stable path, however, is not enough. Sri Lanka needs to shift its economic trajectory from one of debt distress to sustained growth over the next few years.
Courtesy: Real Institute of Elcano
Brazil has the right strategy to survive in a world full of crises: Unite with many to deliver for all. With the ongoing presidency of the G20 and leadership of the BRICS and COP30 on the way next year, Brazil is in a unique position to play a constructive role both regionally and on the world stage.
Courtesy: Getty Images
Germany is India's largest trade and economic partner in the EU, but the relationship with France is a class apart, given its strength in military aviation and willingness to be a differentiated member of the West. Must this remain so? If Germany and the EU would be more understanding of India’s democracy and its role in upholding a rules-based order, their relations would be greatly improved.
Courtesy: Körber-Stiftung
Divergent global reactions to major crises such as those sparked by the war in Ukraine and NATO’s Afghanistan withdrawal have widened the chasm between Western countries and emerging middle powers. This survey, conducted among nearly 1,000 experts from India, Brazil, South Africa and Germany, examines key foreign policy priorities in these countries, and reveals that despite differences, dialogue is possible.
Courtesy: T20 Indonesia
G20 President Indonesia, hosted the Think-20 (T20) Summit in Bali 4-6 September. The recommendations of the working groups resonate in the Leaders’ Statement released at the G20 Leaders’ Summit. The T20 Task Force on Open Trade, Sustainable Investment and Industry published its notes on multilateral trade reform, digital trade, health. Yose Rizal Damuri of CSIS, is the Lead Co-Chair of this Task Force.
Courtesy: Gateway House
India and France have long been reliable partners, and friends in need. The fifth meeting between the leaders of the two countries highlights the focus on strengthening cooperation in 21st century issues. The India-France Track 1.5 Dialogue, hosted by Gateway House, Mumbai and Ifri, Paris, explored the potential of cooperation in digitalisation and energy transition
Courtesy: Gateway House
The Indo-Pacific has become an important part of global geopolitics in the recent past, with several great powers implementing concerted Indo-Pacific policies to create economic, social and security linkages with the region. India can use its development experience and futuristic technology to secure stability and prosperity. This compendium of essays explores the comprehensive role that India can play in the Indo-Pacific, from energy and environment, to trade, security, technology and a vibrant diaspora.