Courtesy: TDB
Financial intermediaries are critical lubricants for business, growth and development. The Indo-Pacific countries are industrializing, but smaller nations lag behind economically. The Quad countries can aid the advancement of the financial architecture in the Indo-Pacific by helping to develop an ecosystem, modelled on the examples of Japan and India.
Courtesy: Shutterstock
Nine great powers and a number of important multilaterals have vested interests in the Indo-Pacific. Given the U.S.-China standoff in the region, the role of new groupings like the Quad and AUKUS is significant. The time is ripe for India to use its position in the region, and convert its humanitarian duties into economic and strategic opportunities in 2022.
Courtesy: G20
The Oct 30-31 G20 Leaders’ Summit in Rome took several important steps to accelerate economic recovery and health security. In the absence of several Eurasian leaders, India played a significant role especially on climate and energy. The G20 will now acquire greater salience in India's foreign policy, as it readies to lead the grouping in 2023.
Courtesy: BRICS Forum - India 2021
The 13th BRICS summit will be held virtually on 9 September 2021 and India is the host. The grouping has managed to hold its ground in an era of increasingly complex geopolitics. While immediate goals are important, in the longer term it must cooperate on counter terrorism, improve trade and work towards the Sustainable Development Goals.
Courtesy:
On 15 July, Gateway House co-hosted a webcast with Konrad-Adenauer-Stiftung (KAS) on 'Countering China’s Maritime Grey Zone Activities'. The panel discussed the potential strategies that smaller nations in the region can adopt to overcome the challenges of Chinese maritime grey zone activities, and the role of regional maritime powers in capability-building of maritime law enforcement agencies.
Courtesy: Shutterstock
India’s oil consumption and imports are likely to resume their upward trajectory as the economy opens up, after a temporary drop due to the pandemic. To secure its energy needs, the country should shift course from investing in oil and gas assets of emerging economies to those of developed nations. The oil-rich Organisation for Economic Co-operation and Development (OECD) countries, such as Canada, Norway, and the U.S. can be given special consideration.
Courtesy: ISRO
With the space sector being divided into astro-political blocs, India can't afford to stay non-aligned. A recent treaty between China and Russia makes it plain for India that leaving space exploration to a few science aficionados can be dangerous. India needs a national space exploration strategy with tangible economic and meta-strategic goals in sight.
Courtesy: Manufacturing Business Technology
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.
Courtesy: Foreign Affairs
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.
