The global world order is witnessing a substantial shift. Part of the greater tussle for strategic and geopolitical dominance is the military rivalry between the U.S. and China. The two countries together now account for over one-half of the world’s defense spending.
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As part of our weekly series of podcasts in the run-up to the U.S. elections, Ambassador Neelam Deo, Director and Co-founder of Gateway House shares her insights on various aspects of the U.S. Presidential elections.
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The recent in-person Quad meeting attended by external affairs minister S. Jaishankar and the India-U.S. 2+2 meeting of foreign and defence ministers in New Delhi, highlights not only the big upgrade in India’s strategic relations with the U.S. but also the enhanced U.S. focus on India, the Indo-Pacific and Asia. Clearly then, the foreign policy of the next U.S. administration will impact India, Asia and the world.
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The recently signed Basic Exchange and Cooperation Agreement (BECA) between India and the U.S. symbolises the strengthened defence and security partnership between the two countries and the growing interoperability capabilities between the two militaries. India-U.S. defence and security ties have flourished in the last decade, with increasing focus on defence technology co-development and co-production. The enhanced G2G engagement is also reflected in the commercial sector where American and Indian defence companies have partnered in the aerospace sector to become part of the global supply chain.
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On 21 October, Gateway House and the Institute of Chinese Studies, Delhi jointly hosted a webcast with Ambassador (Lt. Gen.) Karl Eikenberry, Sinologist, Deputy Chairman, NATO Military Committee; former Director of the U.S.-Asia Security Initiative at the Shorenstein Asia-Pacific Research Center, Stanford University on the Growing Sino-American Military Rivalry
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With Oracle, Walmart and U.S. venture capitalists now holding the majority of TikTok Global’s shareholding, China’s closed digital world gets a breather, and the possibility of a truly open global Internet, gets a blow. China has won this round.
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India and Mexico will both be non-permanent members at the UNSC for 2021-22. Although located on different sides of the globe, culturally, the two countries share more in common than expected. As fellow non-permanent members of the UN Security Council as well as pro-active members of G20, the two countries need to intensify their mutual dialogue and cooperation on how to overcome the current weakening and impasse in the multilateral system.
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On 23 July, Gateway House co-hosted a webinar with Konrad-Adenauer-Stiftung on QUAD or QUAD?. The panel included Dr.C Raja Mohan, Dr. Malcolm Davis, Tetsuo Kotani, Alexander Slater, Peter Rimmele and Manjeet Kripalani
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The recent rush of U.S. capital into India’s digital future, and India’s recent structural reforms, is the impetus for an attractive collaboration between the U.S. and India. To really succeed, the U.S. will have to support India with the same kind of technical assistance and best practices in areas like regulation, distribution, and innovation, that it gave China. The alternative is for India to follow Europe’s regulatory model, which places less of an emphasis on job growth and innovation.
Courtesy: Gateway House & CIGI
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.
