The Quad Foreign Ministers’ Meeting in Washington on 1 July, 2025, underscored the importance of diversified and reliable global supply chains, especially for critical minerals. A Gateway House report shows how to strengthen supply chains for rare earths by creating deep financial markets similar to those that exist for bullion and oil.

PM Modi's multi-country visit from 15-19 June to Cyprus, Canada, and Croatia demonstrated India's expertise in nurturing ties with great powers, middle powers and state powers.  The common thread was twofold: to represent India at the still-important summit of the Group of Seven in Alberta, and to push India’s strategic partnership with the EU, by forging closer ties with the countries of eastern and central Europe.

A slowdown of the Chinese economy, and the shift, particularly by MNCs, from China to other more competitive locations has opened up business opportunities for latecomers to supply chains in the developing world. Evidence suggests that Southeast Asia and some South Asian countries like India, Sri Lanka, Bangladesh, could be beneficiaries of the supply chain shift, particularly in labour-intensive segments.

Most multilateral and plurilateral institutions have lost their significance and ability to shape the trajectory of international relations today. The G7 is no exception. It is impacted by the shift of power from the Atlantic to the Pacific, and an intra-Atlantic rift. The G7 discussions reflected this. More positive were the sideline discussions on repairing the India-Canada bilateral.

Building a robust engagement with India on energy can help offset some of the economic and political crises that most of India’s neighbours are facing. Smaller South Asian neighbours will benefit from cheaper electricity and oil, paving the way for greater regional economic cooperation.

The July 2 meeting of the QUAD foreign ministers in Washington, D.C., restated all the commitments of the grouping, including a condemnation of the April 22 terrorist attacks on Pahalgam. Yet, none of the QUAD countries actually came to the aid of India, despite China being a present player in the fight, in full support of its partner Pakistan.

Canadian Prime Minister Carney can use the upcoming G7 summit he is hosting to advance the North-South dialogue and cooperation and also to discuss the strained bilateral with India. India can articulate the viewpoint of the Global South, stressing its conviction that the G7 is better served by constructively working with developing and emerging economies.

The proposed IMEC corridor connecting India to Europe through the Gulf can be transformative, helping to reduce risks to the global movement of goods and data. It’s early days yet, and there are gaps to be filled in terms of missing infrastructure and overcoming a diplomatic rift.

A proposed humanitarian corridor from Bangladesh to Myanmar’s suffering Rakhine state is the need of the hour. But Chief Advisor Yunus has linked it with repatriation of the Rohingya refugees in Bangladesh, mixing up unrelated issues. This is a classic ploy to distract the public from his own shortcomings, and his single-minded focus to extend and legitimise his regime.

Studying the reaction of key stakeholders to the India-Pakistan conflict, and how India’s diplomatic machine coped with it, is revealing. Some of the major powers like the U.S., raised the temperature, China expectedly stood by Pakistan while Russia once again proved a dependable friend. Unsurprisingly, South Asia had a consistently neutral stance toward the conflict.