Pakistan’s latest economic survey reveals the extent of the country’s indebtedness to China. High-interest Chinese loans, reckless multilateral borrowing, and ever-increasing defence budgets have deleteriously impacted Pakistan’s finances. Any lasting solution to these problems will have to involve China.
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With mass digitisation, India has proved that technology is not just for the educated, privileged, and wealthy. The country's open and secure digital public platforms can be significant for the Indo-Pacific, the world's most data-rich region. The Indian model is applicable because it is open-source, interoperable, auditable, and enshrines individual rights, ownership, and empowerment.
The strength and trust in the India-FRANCE bilateral was evident during the May 4th visit of Prime Minister Modi to Paris. Beyond the difficult discussions on multilateral issues, the partnership has been deepened in several key areas of cooperation, from defence to education, climate, energy, digitalisation and technical collaboration. Energy and digitalisation are two particularly bright spots for future collaboration.
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
India has done considerable groundwork to turn into a blue economy nation through its maritime policies and active support of the Indian Ocean Rim Association. The time is right for the country to now focus on blue diplomacy, with an emphasis on maritime security and sustainable, equitable harnessing of maritime resources.
The EU has been working on an India engagement for two decades now – a strategic partnership and a free trade engagement. It is finally being realised – the outcome of the visit of European Commission President Ursula von der Leyen to Delhi this month. The upgraded, ambitious partnership Europe’s long overdue pivot to India.
India and France have common interests bilaterally and multilaterally, and these are increasingly forging together. India must now step up its commitments to trade, technology and defence, all areas where France has an expertise and can make a greater contribution as India’s old allies like Russia become vulnerable.
A shift is taking place in the business of global dominance and hegemony, from the model of expressing force through troop presence to financial sanctions. But China and Russia, in concert, may provide a way out of the sanctions regime.
Financial intermediaries are critical lubricants for business, growth and development. The Indo-Pacific countries are industrializing, but smaller nations lag behind economically. The Quad countries can aid the advancement of the financial architecture in the Indo-Pacific by helping to develop an ecosystem, modelled on the examples of Japan and India.
Sanctions are an important foreign policy tool, used especially by the West against its adversaries. Now, these rivals are retaliating with counter-sanctions. Are these effective? How does this impact global politics? Where does India stand in this free-for-all sanctions era?