India’s oil consumption and imports are likely to resume their upward trajectory as the economy opens up, after a temporary drop due to the pandemic. To secure its energy needs, the country should shift course from investing in oil and gas assets of emerging economies to those of developed nations. The oil-rich Organisation for Economic Co-operation and Development (OECD) countries, such as Canada, Norway, and the U.S. can be given special consideration.
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Canadian Prime Minister Justin Trudeau's controversial wading into the Punjab farmers' protests has obfuscated the hard work done by diplomats and think tanks on both sides over the past three years, to boost the bilateral. India and Canada have much to gain from each other's strengths in technology, natural resources and investment, and even more if they collaborate internationally to develop an alternative to the current bipolar world order
Trade patterns are influenced by geography. To facilitate strong trade relations and strengthen domestic economies, India & Canada must leverage ASEAN through the digital shift and build on beneficial relations with nations amidst the coercive behaviour of hegemonic powers.
Geopolitical shifts during the Covid-era is justifying a closer convergence of national perspectives between India and Canada. It remains now to align the bilateral’s common interests and values, with common goals.
India’s energy future needs to be low-carbon, climate-resilient and protected against price fluctuation. It can meet these needs by investing in Canadian oil companies, given the country’s political stability and rule of law. India can also attract greater foreign direct investment at home through the issuance of green bonds, a climate finance debt instrument that addresses environmental and climate-related challenges. This paper explores the regulatory perspective of the green bond market.
Canada has been one of the biggest success stories in oil over the past few years. India should consider financial investments in Canadian energy assets as a means to secure its energy supplies.
Canada has been one of the biggest success stories in oil over the past few years. India should consider financial investments in Canadian energy assets as a means to secure its energy supplies. This paper studies the feasibility and prospects for Indian investment in Canada's petroleum sector.
The shift in the global trend from trade in goods to trade in services, especially digital services has focused attention on the necessity of a modern and robust regulatory framework for it. The bilateral steps by India and Canada outlined in this paper can feed into current efforts by multilateral institutions to develop a universal framework for capturing services trade data.
Manjeet Kripalani, Executive Director, Gateway House, in discussion with Prof. Rory Medcalf, Head, National Security College, Australian National University, and author of Indo-Pacific Empire: China, America and the Contest for the World's Pivotal Region; and Cleo Paskal, Associate Fellow, Energy, Environment and Resources, and Asia-Pacific, Chatham House; on the possibility of an Indo-Pacific Charter for the region.
President Trump enjoyed every moment of the hype that attended his February 2020 visit to India, says Ambassador Neelam Deo, Director and Co-founder of Gateway House, in this podcast, even as the focus was on concrete outcomes, such as defence purchases and oil procurement deals. She discusses the geopolitical implications of a closer India-U.S. strategic relationship and the weaknesses of the U.S.-Taliban peace deal