Courtesy: Reuters
The Ukraine crisis has sent the EU scrambling for new gas supplies, generating fresh interest in gas pipelines from Central Asia and West Asia via Turkey. Practical difficulties make most of these new projects unviable.
Courtesy: Mint
On February 18, India and the United Arab Emirates (UAE) signed the Comprehensive Economic Partnership Agreement (CEPA). This is a modern trade agreement with its roots in the erstwhile Bombay Presidency’s administration of the nine Emirati kingdoms.
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Three senior U.S. officials visited Asia in July in a well-choreographed diplomatic outreach strategy by the Biden administration. The U.S is willing to prioritise the Indo-Pacific and counter China. Asia cannot afford to be a reticent bystander.
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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.
Courtesy: Wikipedia
The announcement in June of a Saudi-Israeli alliance against Iran has to be seen in the context of the strategic dimensions of India’s relations with Saudi Arabia, Israel, Iran, and the U.S. And it has far-reaching implications for India’s policy towards West Asia
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The Arab uprisings show no sign of closure, and have become amorphous. While New Delhi has so far been immunised from the political and religious dimensions of the uprisings, the rise of political Islam, Islamic governance, and continuing instability will impact India.
Courtesy: The White House
Apart from bilateral ties, also at play at the India-U.S. Strategic dialogue is the difficult triangulation in India’s relations with the U.S. and Iran. It does not serve India to get enmeshed in the U.S-Iran confrontation. Instead, the relationship must develop on the basis of realpolitik and mutual interest.
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As the Arab world reinvents itself in real time, the rest of the world must begin to understand the region as something more than a source for oil and a market for armaments and consumer goods.