Courtesy: Indian Navy Website
The India–Sri Lanka Free Trade Agreement (ISFTA), implemented in 2000, has significantly expanded India–Sri Lanka trade, investment and tourism. But it now needs to be deepened beyond goods to make the most of the modern, supply-chain-driven global economy. Any ISFTA 2.0 should update rules of origin, liberalise services, digitise customs, strengthen investment protections and deepen connectivity to help Sri Lanka integrate into India-centred supply chains.
Courtesy: The Economic Times
“Economic D-Day”, recently announced by the U.S. Trump administration, will put additional sanctions on any party which facilitates any activity with Iran. India, Iraq, Turkey, and the UAE could be affected. But ironically China, the biggest supporter of Iran’s regime, may be off the hook given the deep mutual over-reliance with the U.S. and the risk that further sanctions on China could put the global financial system in jeopardy.
Courtesy: X / @MEAIndia
As 25 years of the Shanghai Cooperation Organization (SCO) culminate in Bishkek, India waits intently, assessing the SCO's development. With PM Modi representing India from August 31–September 1, 2026, having previously chaired the SCO Council of Heads of Government in 2020, the forthcoming summit should provide an opportunity for the Indian delegation to take stock of the current status of previous initiatives and their advancements.
Courtesy: PTI
Just four months ago, India and Bangladesh seemed determined to move beyond the difficulties faced during the two-year transition of Mohammad Yunus. But former PM Sheikh Hasina’s audio address to her constituents via Delhi changed the mood. Can the realists and pragmatists in Delhi and Dhaka rebuild and strengthen a coalition of mutual interests?
Courtesy: PTI
There is a positive reset in India-Canada relations, and this is being strengthened through cooperation in security, trade and education ties. Both countries believe in the strategic value of the Indo-Pacific, and both have been at the receiving end of rough geopolitical treatment by the U.S. They see their salvation in putting the past behind them and deepening bilateral relations.
Courtesy: ASEAN
The Manila meetings of ASEAN, held amid continuing crises in Ukraine and West Asia, have demonstrated that ASEAN centrality has not gone out of fashion. Neither the U.S. nor China, despite scepticism about ASEAN's effectiveness, wishes ASEAN institutions to disappear. India, Russia, Japan, Australia, the EU and the UK likewise continue to use these meetings as valuable platforms for Indo-Pacific engagement.
Courtesy: Council on Foreign Relations
The absence of panic in the energy markets despite the renewed U.S.-Iran fighting indicates a well-supplied oil market in the longer term. That means stability for energy short countries like India in the long term. In the short term, however, India will be impacted by other disruptions, such as the increased use of sanctions.
Courtesy: X/@narendramodi
The Modi-Prabowo summit is a shared commitment to enhance strategic cooperation between two major Asian powers. This is necessitated by the dominance of China and the weakening U.S. pledges to regional security. Bilaterally, there has been political progress but limited economic engagement. The key now is to step up the trade and investment pillar, with energetic follow-up action for a strong trajectory.
Courtesy: Outlook Business
The legacy of the Modi-Takaichi Summit will extend well beyond the bilateral. It demonstrates that middle powers, through responsible and sustained action, are capable of shaping the future of the Indo-Pacific through strategic intent and the resilient economic networks that back it up to promote regional stability. For India and Japan, economic security is the foundation upon which the next generation of the bilateral will be built.
Courtesy: South China Morning Post
Prime Minister Modi’s Indo-Pacific tour begins in Indonesia in early July. The two countries are expected to achieve a more aligned worldview, especially with the wars in Ukraine and the Gulf. The emerging entente cordiale between the U.S. and China will have a significant impact on the region, where India and Indonesia are leading players with the Indo-Pacific as their shared home.