Ambassador Rajiv Bhatia, Distinguished Fellow, Foreign Policy Studies Programme, Gateway House delivered the opening remarks at the 2020 Asia Economic and Entrepreneurship Summit, in the lead-up to the session, - The Future of Asia Pacific Economic Cooperation in a Sustainable VUCA World – What to Expect? What Next? The Summit was jointly organised by the KSI Strategic Institute for Asia Pacific (KSI), The Pacific Basin Economic Council (PBEC) and China Daily Asia Pacific (CD), Kuala Lumpur, 8 September 2020.
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The COVID crisis compelled a change in the Business20 (B20) focus areas to reviving health, health facilities and business activity in 2020. India must start work now to give the B20 even greater responsiveness and relevance as the prospective G20 chair in 2022.
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?
This year marks the completion of 70 years of diplomatic relations between India and Mexico – but the full potential of this bilateral relationship has not been explored. Mexico exports oil to India, and hosts facilities of the Indian auto, IT and pharma sectors. There are three profitable reasons to intensify the bilateral, fulfilling both the diplomatic and business agenda
Despite major political change in Brazil, Argentina, and Venezuela due to global economic tumult, it may be premature to speak of a rightward shift in Latin American politics. Yet, developments in these democracies need to be monitored carefully as India has a stake in their political stability.
The U.S.-driven Trans Pacific Partnership agreement between 12 countries, which is aiming to become the new standard of world trade, impacts domestic systems globally. For India, it will skew investment and intellectual property rights, and especially the debate over the Investor State Dispute System which allows companies to challenge sovereign rights and public policy.
Although it is too soon to comprehensively analyse the Trans-Pacific Partnership agreement of October 5, it is worth assessing what is known. Here are the facts, the controversies, the assessments, and the implications for countries that are not part of the agreement, especially India.
China's influence and presence in Latin America has grown rapidly in the form of trade and investment. China's growing presence is both a concern for Latin America and the U.S., which creates a window of opportunity for India
The 'Make In India' campaign could learn from the manufacturing success story of Mexico which has come to be called as a 'rising global star in manufacturing’ and 'the China of the Americas'. Prime Minister Modi can seek inspiration from President Enrique Peña Nieto who has brought about a dozen major reforms by forging a historic consensus with the opposition parties through the Pact for Mexico.
The Indian government has undertaken a massive financial inclusion scheme to bring bank accounts to the poor. But poverty alleviation needs to be addressed at multiple levels for which the Latin American example of using targeted and customised conditional cash transfer programmes can help India