Commentary: A BRICS bank for the South
30 March 2013

Commentary: A BRICS bank for the South

In 1990, the erstwhile South Commission recommended the creation of a 'South Bank' to aid the economic emancipation of the global South. Can the BRICS bank, which was discussed in length at the 5th BRICS Summit, provide a solution to the problems of the crisis-ridden African continent? Devaki Jain blogs

Ministry Of External Affairs, India Courtesy: Ministry Of External Affairs, India
29 March 2013

Beijing banks on BRICS

Indian foreign policy has not yet addressed the ramifications of Chinese economic dominance in BRICS. Nor have we matched China’s engagement within the group to ensure that the BRICS vision of a new international order for emerging economies actually works in their favour.

BRICS flags Courtesy: Government/ZA/Flickr
26 March 2013

A mandate for BRICS Bank

At the 5th BRICS Summit that begins in South Africa today, the heads of state of Brazil, Russia, India, China and South Africa are expected to ratify the creation of the BRICS Bank. After discussion and study for over a year by the respective governments, the bank will be launched with seed money estimated at between $50 billion to $100 billion, and most likely an equal share of voting rights for the management of the bank. What remains

Gateway House Courtesy:
15 March 2013

Shyam Saran: BRICS must deliver a Development Bank

The establishment of a BRICS Development Bank will be among the prime topics of discussion at the BRICS Summit on March 26. Gateway House’s Akshay Mathur interviews former Indian Ambassador and Foreign Secretary, Shyam Saran, on the prospects and viability of alternate financial architectures.

Keep calm and carry on
15 February 2013

Keep calm and carry on

The recent allegations of corruption against the sale of AgustaWestland helicopters has renewed serious concerns on foreign defence acquisition in India. The larger question is this: to what extent does corruption really affect national security? Aakash Brahmachari blogs.

Gateway House Courtesy: Rajeshwari K/Gateway House
25 January 2013

“The EU is learning from its mistakes”

In the backdrop of the European Union’s (EU) economic crises, the international community’s focus has shifted towards Asia. Gateway House interviews renowned historian and scholar Timothy Garton Ash on the lessons Asia can learn from Europe, Britian’s role in the EU and political morality.

MEAIndia/Flickr Courtesy: MEAIndia/Flickr
17 January 2013

Promoting private players in ASEAN

The steps taken by the Indian government to enable private sector involvement in ASEAN have been hesitant. After the recent ASEAN summit in New Delhi, it is time for greater coordination of Indian private industry with government-to-government interaction, which will benefit all members, including India.

parliament Courtesy: Shwkyn231/Flickr
31 December 2012

India’s foreign policy: A year in review

The year 2012 has been a busy one for foreign policy: from escalating disputes in the South China Sea to alternate financial instruments from the emerging world. India’s foreign policy too has its shown strengths and weaknesses. We present our top foreign policy Hotspots, Sweet spots and Blind spots for 2012.

AAAAAEAN Courtesy: Abhisit Vejjajiva/WikimediaCommons
14 December 2012

ASEAN-China: Classic collaboration dilemma

At present, the ASEAN is at a critical phase in its dealings with China – the regional hegemon with growing heft. Why do ASEAN nations need to collaborate and find innovative ways to deal with its giant neighbour.

From China to ASEAN: Rebalancing India’s trade
14 December 2012

From China to ASEAN: Rebalancing India’s trade

New Delhi has actively worked with Beijing to address its massive bilateral trade deficit. However, it has another option. India can seek greater economic integration with ASEAN and substitute its imports from China with that of ASEAN. The India-ASEAN Summit on December 20 would be a good place to start.