Courtesy: BERNAMA
Malaysia’s chairmanship of ASEAN in 2025 is pivotal. It will have to steer ASEAN toward regional peace, stability, and prosperity while reinforcing its centrality. All this during a time of heightened geostrategic rivalry, economic deglobalisation, rising protectionism, and nationalist trends.
Courtesy: Reuters
India and the U.S. have a big agenda, bilaterally and geopolitically, to discuss when Prime Minister Narendra Modi and U.S. President Donald Trump meet in Washington on Feb 12-13. Trade, China and migration are central points of discussion. So will ensuring that Trump allies with India on its neighbourhood as an area of common concern. The big election win in New Delhi will strengthen Modi’s negotiating hand.
Courtesy: News 18
The India-Australia Comprehensive Economic Cooperation Agreement will be signed this year. It will complete a unique, two-part trade agreement that will bring India into global trade regimes in a calibrated manner, and with a helping hand. For Australia, with its deep global trading knowledge and pragmatic approach to such agreements, gaining it first-mover advantage in India’s large market is a major win
Courtesy: X (@rashtrapatibhvn)
India hosted Indonesian President Prabowo Subianto on a four-day state visit and as chief guest for its 76th Republic Day. The bilateral is now going beyond civilisational commonalities. Tourism, trade and connectivity are central themes, as is defence and maritime security cooperation with India. A robust India-Indonesia partnership can help both nations achieve shared goals in the Indo-Pacific.
Courtesy: Reuters
Two important conclaves held in December 2024 - a Politbureau meeting and the Central Economic Work Conference – set the tone for China’s economic focus in 2025. The economy needs a resurgence, given the domestic environment of low spending and the external threat of high tariffs – the outcome of swapping development for security. In 2025, China’s mandarins will try and find a balance between the two.
Courtesy: NBC News
Since the Ukraine crisis, Russia has been positioning itself strategically in the African continent, strengthening bilateral ties and addressing regional security issues. It is leveraging economic, energy, agriculture and military ties and investments in order to be seen as serious a counterweight to the U.S. and the European Union’s presence in the continent.
Courtesy: X / MEAIndia
The state visit of Sri Lanka’s new President Dissanayake to India, is welcome at many levels. His party’s majority win gives Sri Lanka the strength to undertake the hard reforms necessary to put the island back onto its higher economic status. India’s assistance has helped but there is more to be done to elevate the bilateral. For India which is now in a hostile neighbourhood, Sri Lanka can be a valuable friend.
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In its election manifesto for Maharashtra, the winning Bharatiya Janata Party (BJP) has set a goal of transforming Maharashtra into a $1 trillion economy by 2028. To achieve this, the state will need to focus on increasing its share of Foreign Direct Investment which, although the biggest in the country, has stagnated over the past decade.
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The Asia Pacific Economic Community summit, held in Peru from Nov 13-15, attracted many leaders, but most eyes were on President Xi Jinping of China who cut the ribbon on a Peruvian port, China’s largest investment in South America. Meanwhile the APEC CEO Forum was more interested in the impact of incoming U.S. President Donald Trump on their economies and on the region.
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Prime Minister Modi’s state visit to Nigeria on November 16-17 marks the first leg of his transcontinental diplomatic tour and offers a valuable opportunity to advance cooperation with Africa and the Global South. The trip, aimed at deepening cooperation in trade, investment and defence, signaled India’s recognition of Nigeria’s significance as Africa’s regional and continental powerhouse.