As China’s global competitive edge is sharpening across the military, economic, diplomatic, and technological domains, it is clear that the extent to which the Quad countries (Australia, India, Japan, and the United States) can collaborate across all four domains will be an important factor in determining whether China’s hegemonic designs on the Indo-Pacific will succeed.
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As China gains ground in a global competition across the military, economic, diplomatic, and technological domains, the Quadrilateral Security Dialogue (Quad) made up of Australia, India, Japan, and the US is finally finding its footing.
Digital Manufacturing in India can bring in a new age globalisation of manufacturing, and developing resilient, transparent and trusted supply chains. With the help of MNCs, start-ups and government in accelerating digital adoption, and India must become part of the emerging global trading system, using the COVID-19 pandemic to accelerate digitisation.
The Task Force led by Gateway House will study economic and technological cooperation between the four like-minded democracies in the Indo-Pacific.
Japan and India’s North East are culturally contiguous – and have been for centuries. From their monoliths and cenotaphs, to the sacred bamboo and house construction, the old similarities are now being carried into the future by the younger generation of North Easterners, who admire and seamlessly blend Japanese creative influences like anime, food and street style, into their own.
Japan has determined $ 2.2 billion for rehabilitation of industries exiting China. Prime Minister Modi’s new stimulus package, close to 10% of GDP, could be the impetus Japan needs to refocus FDI to India
Kenya’s Mombasa port, the gateway to East and Central Africa, has enabled the Chinese to gain better access to resources in the region and export destinations within Africa through the Belt and Road Initiative. A recent visit offered insights into some of the shortcomings of increasing Chinese investments in the region – and the scope for other countries to step in
There have been mixed reactions to India’s not signing on to the Regional Comprehensive Economic Partnership. India is often criticised for abstaining from trade agreements and being a protectionist nation, but in fact, the reverse is true. The country’s trade to GDP ratio of 43% is higher than China’s 38% and the U.S.’ 27%. This shows how important trade is for India, particularly if it wants to reach the 2024 goal of being a $5- trillion economy.
The Seventh Tokyo International Conference on African Development was a departure from earlier editions of it. Japan, which is changing tack as a competitor to China in Africa, held back from publicising the number of heads of state present to prevent any comparisons with other such forums and made no further commitments on Overseas Development Assistance. The accent, instead, was on increasing Japanese private sector engagement
The 2019 G20 Summit in Osaka on June 28-29, is the 14th meeting of the Group of 20 leaders. The G20 is the world’s most influential economic multilateral forum. It is the agenda-setting forum that develops and guides rules of global economic governance. Under the Japanese Presidency, this summit will be the first to discuss and establish the rules for the worldwide governance of data, including current hot-button issues like data localisation and data sovereignty. India has both a preparatory and a contributory role to play in the G20 this year. For in 2022, it will be the President of the G20. India must identify its agenda early on; its a weighty responsibility but also an opportunity to set the global economic agenda.