The consecutive Presidencies of the G20 for India, Brazil and South Africa provides a rare, unique opportunity to forge an agenda common to both the G20 and IBSA. The timing is coincident: with Russia and China consumed by conflict and zero-Covid respectively, BRICS has receded. IBSA can convert both crises into an opportunity and become relevant to the Global South’s current and future challenges.
The Japan-Africa partnership continues to be emphasised. The goal is to build human capital, sustainable and high-quality growth and the security and stability of the global order in which government, business, and civil society leaders participate on an equal basis. It is an opportunity for Indian companies to work together in Africa, to achieve bilateral goals.
India will be president of the G20 in 2023. The world’s most influential economic governance body is facing an existential crisis, where the major powers have fallen out. With geopolitical currents redefining geo-economics, India needs to be ready to emerge as the chief global diplomat.
Since 1947, India has had a proud record of development cooperation. It began even though it was newly independent and itself developing, but created a camaraderie with movements in other emerging countries. Now after 75 years, its time to move toward an FDI-led model, which will particularly help reduce the rising indebtedness in the developing world.
The G7 has reached out to emerging economies which have, of late, been facing challenges on the economic front, brought on by the lingering pandemic and the mismanagement of the Ukraine crisis. They are also seeking, from the global south, a broader acceptance of their world view. Will it be forthcoming?
The shadow of the Ukrainian war was visible at the G7 summit. Anti-Russian formations were expected, but the extensive reference to China drew attention. The leaders did their part by extensively discussing challenges relating to climate, energy, environment, health, and food security. It is now for the G7 governments to deliver, to be taken seriously.
On May 6, 2022, Amb. Rajiv Bhatia presented his remarks at the BRICS Think Tank Symposium held in Chongqing, China. Ambassador Bhatia traced the Ukrainian war crisis and its linkage to the grouping, while also elucidating that the Sino-Indian stalemate on transboundary disputes, UNSC membership permanency and leadership within the global south has harmed effective resolutions in the multilateral forum.
Africa as a zone of Sino-Indian contestation has intensified in the COVID era, where both countries extended support to the continent in diverse sectors of human security. Africa needs capacity, and building it means it will not make a choice between India and China, but it will prioritise its own needs and select separately what it needs from both countries
Nearly two decades since the launch of the India Development Initiative, India-Africa relations have evolved. This book by Rajiv Bhatia, a former high-ranking IFS officer, takes a deep dive into Indo-African engagement. Bhatia outlines the history and presents concise yet informative capsules of India's relationship with individual African countries. It is a useful roadmap for companies looking to do business there.
Africa is a foreign policy priority for India, but evidence shows a recent decline in bilateral trade and investment. There is already a "third scramble" for geopolitical influence in Africa. Now is the time for India to make new commitments in the continent: developing and deepening links in health, space and digital technologies.