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Sanctions are an important foreign policy tool, used especially by the West against its adversaries. Now, these rivals are retaliating with counter-sanctions. Are these effective? How does this impact global politics? Where does India stand in this free-for-all sanctions era?
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The India-EU summit held May 8, was more ambitious than previous ones. Now the summit’s words must turn into action, an effort that will require continuous discussion, patient negotiation and uninterrupted dialogue between Delhi and Brussels. Will the two capitals be willing to compromise and find common ground that they have not managed to demonstrate before?
Courtesy: European Commission
This India-EU summit was different from the ones past, and India is a significant gainer. A trade agreement and connectivity partnership aside, the EU has stepped up to help India during this emergency, viewing it not as a weak state but as a partner in distress. The geopolitical indicators for an enhanced engagement are now also in place.
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Now that the India-U.S. 2+2 meeting has ended, Indian officials are preparing for a hectic season of summiteering in November, from the SCO to the BRICS and the G20. All will give India global attention, and help the country prepare its positioning at home and abroad.
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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 Quad, a grouping of Indo-Pacific democracies, is more relevant than ever. It must now operationalise not just the military exchanges but also formalise economic and technology partnerships that will undergird a meaningful new multilateral, provide it with resilience and appeal in the Indo-Pacific region. In this Webcast, co-hosted by Gateway House and Konrad-Adenauer-Stiftung, the panelists discuss the need to reform Quad, which hosts the four leading global voices, in order for it to become the magnet that attracts like-minded nations, small and big cutting across continents and oceans to converge on the new world order realities.
Courtesy: B20 Saudi Arabia/Twitter
The COVID crisis compelled a change in the Business20 (B20) focus areas to reviving health, health facilities and business activity in 2020. India must start work now to give the B20 even greater responsiveness and relevance as the prospective G20 chair in 2022.
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Germany has taken over from China as the new president of the Financial Action Task Force (FATF). Will it be the one to put Pakistan on the black list – or will realpolitik and national agendas prevail, with terrorism financing continuing to flourish?
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In July 2020, Germany takes over as President of the European Union. It’s a fraught time to lead the union which has been slow to react to COVID-19 and needs a new direction. With the pandemic, the U.S.- China stand-off, and a global economic crisis – Chancellor, Angela Merkel has her work cut out.
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The global balance of power is in the process of a fundamental shift. The West appears fixated on China, which is both a “systemic rival” and a strategic partner to be cultivated. Europe now needs to choose between the values it shares with India and commercial profitability from China
