As multiple foreign powers compete in Africa, there is a need to understand the geopolitical landscape, and analyse the various policies, strategies and motivations of each country. Where lies India in this great strategic game? India has a unique relationship with the continent, with respect for equality, mutual benefit, and need-based assistance. By deepening India-Africa cooperation, bolstering economic relations and leveraging new digital, space and medical technologies, the relationship between India and the African nations can be better cemented, despite the global competition at play.
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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 U.K. is out of the EU, and re-positioning itself into the idea of Global Britain, seeking partnerships into diverse groupings and regions. India was an early strategic, defence and digital outreach, but a serious pivot has been made to broader Asia for trade and investment linkages, with vigorous follow-up. The re-entry and acceptance of Britain in Asia, has implications.
The Jan 26 riots by the protesting Punjab farmers, is a set back both to the reform of India's domestic agriculture sector, and to the country's external agriculture trade. Nevertheless, willing farmers and communities can improve their engagement with the market, start inter-state trade, and build the farming infrastructure necessary to prepare for a fully free agriculture market. This will ready India to fulfil its commitments and find its rightful place in the international trade system.
A yawning gap has opened up between what countries know about the risks of climate change and what they are doing to reduce them. In the riskier new era of climate change, the longer countries take to close that gap, the more painful and deadly the outcomes.
On January 14, 2021, Gateway House co-hosted a webinar with Konrad-Adenauer-Stiftung on G20’s future: Italy, Indonesia, India. The panel included Marco Felisati, B20 Sherpa, Italy, Dr. M Chatib Basri, Former Minister of Finance, Indonesia, and Sanjeev Sanyal, Principal Economic Advisor, Government of India.
Vietnam had a busy 2020, starting with its chairmanship of ASEAN and ending with the signing of RCEP, and a free trade agreement with the EU. All were completed successfully despite the pandemic, which it also handled well. It has revealed Vietnam’s dexterity and confidence, good management and societal control and raised the country’s global profile.
Saudi Arabia hosted the G20 Summit on 21-22 November, this year. A strategy to protect the global economy, which is the heart of the G20’s existence, was reflected in the updated G20 Action Plan, a clear by-product of the effect of the COVID-19 pandemic. Beyond the immediate, is the plan for a resilient and long-lasting recovery.
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.