The U.K. is out of the EU, and re-positioning itself into the idea of Global Britain, seeking partnerships into diverse groupings and regions. India was an early strategic, defence and digital outreach, but a serious pivot has been made to broader Asia for trade and investment linkages, with vigorous follow-up. The re-entry and acceptance of Britain in Asia, has implications.
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The current notions of physical ‘permanent establishment’ or tangible locational nexus are not well-suited for the taxation of modern digital economy, especially for taxation of business income, rents or revenue creating activities. In a Covid-19 wrecked global economy, where government revenues are under severe stress, there is a compelling case for a market country or the value-creating jurisdiction to tax the income or rents attributable to the concerned market or location.
The recent 15th India-European Union (EU) summit held virtually in July 2020 reflects a bilateral that is gearing for a boost, with both sides trying to move closer in a variety of ways. A serious effort will be required to properly reconcile strategic, trade and investment interests.
COVID-19 unified G20 leaders at an extraordinary summit last week. An idea given a nudge by Prime Minister Narendra Modi, here was an opportunity for all participants to put together a plan and make a pledge for international cooperation, focusing on four main themes. Next, will they be able to turn words into action?
Britain left the European Union on 31 January 2020. There will be no immediate outcome, but the intention of all the European leaders is to make it an amicable departure over the course of the year. Ambassador Neelam Deo, Director and Co-founder of Gateway House, discusses Brexit’s geopolitical implications and its impact on India’s relations with the EU and UK
The following remarks were given by Ambassador Rajiv Bhatia, Distinguished Fellow, Foreign Policy Studies, Gateway House as Distinguished Guest Lecturer at IIM Tiruchirappalli on February 3, 2019
Speakers at the seventh Atlantic Dialogues, held in Morocco earlier this month, discussed what the challenge to western dominance and China’s expansionism meant for their political and economic future
The United States, Europe and the Asia Pacific today form Canada’s tripartite foreign policy priorities. The ASEAN is its sixth largest partner, which was not so 20 years ago, but economic engagement with India – still small, compared to China and Japan – has scope to grow
Scrapping the JCPOA will badly bruise Iran’s economy, citizens and foreign relations; it will have an impact on the U.S.’ allies too
Internal political constraints dog it currently, but if overcome, South Africa can be a good chairman to BRICS and IORA in 2018. It also has a tough balancing act to perform between two great Asian powers, China and India