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Russia has been at the center of tensions between the G7 and G20. The current G20 and G7 Presidency has put Asia at the center of global problem-solving and collaboration. India and Japan through its existing strong bilateral and converging interests like economic and financial governance, health, climate commitments and energy transition can bridge the rift between the two multilateral groupings in 2023.
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Analysis of main milestones, opportunities, challenges and threats for Indian foreign policy in the New Year live on Doordarshan. Featuring commentary by Manjeet Kripalani, Co-founder & Executive Director, Gateway House and Dr. Deepshikha Shahi, O.P. Jindal Global University
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2023 brings responsibility and opportunity for India. As the host of the G20 and the Shanghai Cooperation Organization, the world will be watching closely. With this authority, comes challenges encapsulated by five C’s: Covid, Contraction, Climate crisis, Conflict and China. If India is able to use its opportunity, the year could end with India viewed as a near-great power, an international bridge-builder, and a successful democracy.
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The author participated in the B20 Summit in Bali and saw in it a reflection of Indonesia’s culture and hospitality, but also its attraction for investors despite geopolitical stresses. Indian business can take a cue from Indonesia, and use India’s B20 engagement to push for ease of doing business and improved quality of life indicators – an additional condition for India’s G20 Presidency’s success.
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India has not invested much in multilateral rule-making institutions like the G20, but it is never too late to start. India is ahead in some aspects, particularly technology with digital public goods and its governance. But it will certainly need help and expertise.
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Despite the current tense global atmosphere, India and its foreign policy have remained true to its core of peace and security for all and equity and justice for the developing world. Throughout history, dialogue and diplomacy has been supported as a solution to dispute. Now, as G20 President, New Delhi can sow these seeds of peace in an increasingly multipolar world.
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The BRICS have largely abstained from the UNSC resolution condemning Russia’s attempts to annex four Ukrainian provinces. Is it BRICS solidarity or is it because the interests of the Global North and its allies, and those of the Global South, are diverging?
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Indonesia has managed its G20 Presidency year by understanding the importance of not going it alone. This trading nation has used its deep regional and multilateral cooperative processes which provided trusted back-up and support at every step, and was book-ended by strong linkages and investment partnerships with Japan and Australia. In this, it has laid the groundwork for India’s 2023 presidency.
Courtesy: T20 Indonesia
G20 President Indonesia, hosted the Think-20 (T20) Summit in Bali 4-6 September. The recommendations of the working groups resonate in the Leaders’ Statement released at the G20 Leaders’ Summit. The T20 Task Force on Open Trade, Sustainable Investment and Industry published its notes on multilateral trade reform, digital trade, health. Yose Rizal Damuri of CSIS, is the Lead Co-Chair of this Task Force.
Courtesy: Toyota Tsusho Corporation
The Japan-Africa partnership continues to be emphasised. The goal is to build human capital, sustainable and high-quality growth and the security and stability of the global order in which government, business, and civil society leaders participate on an equal basis. It is an opportunity for Indian companies to work together in Africa, to achieve bilateral goals.