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: Gateway House
India and Australia signed an Economic Cooperation and Trade Agreement (ECTA) in December 2022. The ECTA is the first of a unique, two-part trade agreement that will bring India into global trade regimes in a calibrated manner. For Australia, with its global trading knowledge and pragmatic approach, gaining first-mover advantage in India’s large market is a major win. This case study explains the elements of ECTA.
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: 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 Indo-Pacific Economic Framework for Prosperity (IPEF)’s Clean Economy Agreement is unique in that it offers multiple benefits for investment, capacity-building and standards-setting, all while pursuing a clean economy agenda, voluntarily. India has already seen success in this area and is a hopeful example for others in the Indo-Pacific.
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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.
Courtesy: Gateway House
India and Indonesia have a comprehensive strategic relationship built on their ancient and modern histories, and a flourishing relationship sustained by trade, economic exchange and people-to-people contact. The India-Indonesia Track 1.5 Dialogue, hosted by Gateway House and the Centre for Strategic and International Studies, Indonesia, aims to provide policy recommendations to promote innovation and navigate evolving governance issues through bilateral and multilateral cooperation.