While India’s mega-companies are only experiencing the beginning of Beijing’s accommodating bank policy, Brazil and Russia seem to have grown accustomed to Chinese money. Before they meet in New Delhi for the 2012 BRICS summit, it’s important to remember that China’s loans come with strings attached.
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As India and the European Union negotiate on a Free Trade Agreement (FTA) in New Delhi, we analyse the relevance and impact an FTA would have on both parties. Can creative methods be implemented to break the current deadlock in negotiations?
India will do well to expand its positive and trust-laden cooperation with Russia in commerce, technology, and education, into a broader regional one, and establish a more meaningful presence in Central Asia. This will also assist in the future acquisition of energy resources in the region.
This paper introduces the dilemma of both India and Russia, whose state-owned energy companies are forced to operate in a region where Chinese government corporations have been dominant.
Amidst myriad country groupings that already exist – BRICS, IBSA, APEC, SCO and many others – a new initiative in the Pacific is looking to integrate more powerful countries to form a multilateral free trade agreement – the Trans Pacific Partnership. How important is this towards the reshaping of trade and power?
The India-Russia relationship has seen much progress over the past year - 30 MoU's were signed, two Russian nuclear reactors were set up in India and visa regimes have been eased considerably. But will this be enough to lift the relationship from the benign neglect of the past?
Gateway House’s Hari Seshasayee interviewed Nicolas Krul. A stout defender of European unity, Krul discussed the origins of the crisis, the lessons learned, possible solutions and the opportunities for the emerging world.
India and Brazil’s increasing engagement in Africa is a clear sign that both countries are embracing their new roles as global diplomats. By joining forces to bolster Africa’s food security, they have the chance to break ground on a tangible agenda that could have a far-reaching impact on matters of global concern
With increasing debt and recession in the West, it seems no longer fitting for the rest of the world to follow traditional Western financial models. India’s long experience of capital markets, with its conservative and ‘inclusive’ financial regulatory system, on the other hand, makes for a compelling case study.
In a reversal of historical roles, the BRICS nations may be coming to Europe’s rescue. During the Asian Financial Crisis, the International Monetary Fund (IMF) introduced structural adjustments in return for IMF loans, and many institutions and individuals went bankrupt. Will it be any different now?