The 17th Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) ministerial meeting was held on 1 April 2021. Though the grouping is ready to move forward, a number of obstacles stand in the way of this, including regional tensions, uncertainties surrounding SAARC and China's involvement in the multilateral. As BIMSTEC is to celebrate the silver jubilee of its formation next year, can it achieve its goal, to effect “a paradigm-shift in raising the level of cooperation and regional integration"?
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The Indian Ocean Region (IOR) presents a unique opportunity to develop a Blue Economy, with security, sustainability and business profitability as its three pillars. An IOR Defence Ministers' Conclave held on 4 February provided a platform to discuss regional cooperation, linking development with defence, and emphasized India's pivotal position within the IOR.
During the Bay of Bengal Economic Dialogue 2021 on, Post-COVID Challenges in the Bay of Bengal Region, Amb. Rajiv Bhatia, Distinguished Fellow, Foreign Policy Studies, Gateway House addresses the staggered growth of BIMSTEC, whilst also highlighting its potential as a regional grouping. He identifies the lack of political commitment, bureaucratic inertia and insufficient engagement of the Third Space and disregard for the region as a community as the chief obstacles to a successful initiative.
The UN turned 75 this year but instead of grand celebrations, the world witnessed an empty UNGA with world leaders addressing it via video screening because of the pandemic. The UN is under unprecedented stress and being shown up for its inability to tackle the challenges of today like the pandemics, climate change, terrorism or global peace and security. The institution's key governing structures, especially the UN Security Council, are inadequate and demand reform. India must now use gritty resolve to ensure its place in these governing structures.
The first-ever virtual summit of leaders from member-states of the South Asian Association for Regional Cooperation on March 15 was an innovative exercise in showing solidarity in containing a pandemic. Here is an assessment of its tangible outcomes – and longer-term ways to prepare for SAARC’s revival
South Asia’s speedy economic development depends on the level of integration between countries in the region. The South Asian Association for Regional Cooperation (SAARC) and the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) have lost their momentum. But both platforms have their uses and can be revived creatively
The upcoming Financial Action Task Force (FATF) plenary session 16-21 February will be crucial for both Pakistan and Iran as the anti-money laundering and anti-terrorist financing measures undertaken by the two countries will be reviewed by the 39 member states of the FATF. Decisions will be taken on their retention or removal from the grey list and black list respectively
The foreign ministers of the Quad countries meet for the first time in New York today even as the Indo-Pacific has turned into a keenly contested geopolitical arena. Some countries are offering to play a mediatory role while other triangular equations are also undergoing change. An analysis of some of the relationships at work here
India is subtly adding four new elements in the policy matrix
TIMES NOW featured our Distinguished Fellow in Foreign Policy Studies, Amb. Rajiv Bhatia on their show to discuss the fourth BIMSTEC Summit. Watch the full episode here.