1-Handelsbeurs-foto-middenplein Courtesy:
6 June 2024

The global Indian diamantaire network

Recent changes in Belgian and EU tax law and regulation have resulted in some Antwerp-based Palanpuri Jain diamond traders shifting base to the newly booming Dubai diamond market. But Antwerp dominates the diamond business for this enterprising community, where 400 families continue to stay and use it as a gateway to the European market for diamonds cut and polished in Surat and Mumbai in India.

Tourists visit Gangaramaya Buddhist temple in Colombo, Sri Lanka April 25,2024. REUTERS/Dinuka Liyanawatte Courtesy:
6 June 2024

Sri Lanka confronts illegal tourist ventures

Asian nations like Sri Lanka have seen a rush of Russian and Ukrainian tourists over the last two years. They discover salubrious climes and overstay their visas to start small businesses. It has helped Sri Lanka boost tourism after its 2022 debt default but also created economic problems for locals. It is necessary to identify trade-offs between economic benefits and security threats associated with extended-stay tourism.

SriLankaCrisis Courtesy: Business Standard
9 May 2024

Sovereign default and economic crisis in Sri Lanka

In April 2022, Sri Lanka defaulted on its foreign debts kicking off its worst economic downturn in over 70 years. In a paper for the Institute of South Asian Studies, Ganeshan Wignaraja examines key policy, the benefits of IMF support, and the role that Indian aid has played in Sri Lanka’s recovery while emphasising potential risks of its upcoming presidential and parliamentary elections.

20230309265L Courtesy: The Hindu
28 March 2024

All eyes on the Indian Ocean region

During his visit to New Delhi this week, Australia's navy chief highlighted the need for greater maritime cooperation on security issues in the Indo-Pacific. While India is aware of its growing role in maintaining a free, open and inclusive Indo-Pacific, it must also convey to its partners that on matters of security, it prioritises dangers closer to home in its Indian Ocean neighbourhood.

LDC_Infographic-02 Courtesy: United Nations
29 February 2024

Least developed to developing

The transition from least developed country (LDC) to developing country marks a major milestone for the world’s most vulnerable and structurally disadvantaged countries. The recent graduation of Bhutan into the 'developing' realm reflects the trend of accelerating development among least developed countries. Fifteen more LDCs are due to move up in the coming years, a clear improvement from the past.

SA trade Courtesy: Hindustan Times
15 February 2024

South Asia’s trade architecture matters

South Asia requires resilient and cost-effective regional supply chains. This can be achieved through Indian investment, fostering local linkages while reducing dependency on Chinese financing of regional partners. A new approach enhances India's regional influence, creating a win-win scenario for the entire South Asian neighbourhood in a changing global landscape.

c-vladivostok Courtesy: Sputnik India
8 February 2024

Reviving the Chennai-Vladivostok Corridor

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.

india eu japan Courtesy: Institute for Security & Development Policy
11 January 2024

Comparing Japan and EU in India

Japan and the EU have a stable and long engagement with India. As India grows in economic and geopolitical significance, both partners must change the lens they view India with. Japan has done better, especially with investment, and because of a common interest and activity in the Indo-Pacific. The EU is driven by Brussels still and needs must overcome that limitation to better leverage India.

20231118_TWLDD002 Courtesy: The Economist
4 January 2024

Reading the tea leaves for 2024

After a year affected by a sustained polycrisis, global geopolitics in 2024 remains a delicate dance between hope and realism. Ongoing conflicts in Ukraine and Gaza cast uncertain shadows, while Taiwan and the South China Sea present potential flashpoints. Indian diplomacy will have to navigate old and new challenges, while promoting India’s expertise in digital technology, as also managing its own upcoming parliamentary elections.

asiapng Courtesy: Verité Research
19 October 2023

Lessons from Sri Lanka’s Debt Default

The Sri Lankan economic crisis was the result of years of weak fiscal performance and lack of consistent development strategies. While economic recovery has picked up pace, addressing macroeconomics issues and implementing structural reforms to promote inclusive and sustainable growth is the key to its success