BRICS leaders at summit_210x140 Courtesy: MEA/Government of India
30 July 2014

Realising the potential of the BRICS

Looking back at the 2008 financial crisis, when governments had to resort to bail-outs to keep economies afloat, the BRICS member countries have decided to set up a New Development Bank which will provide for a contingency fund. This initiative aims at building an alternate financial structure in terms of trade among the member states as well as creating a safety net

nepal Courtesy: Wikipedia
22 July 2014

India-Nepal: dignifying interdependence

India’s external affairs minister Sushma Swaraj is in Nepal this week in line with the government’s commitment to prioritise ties with neighbours. Ties between India and Nepal have not been smooth with Nepal seeking a review of the 1950 Treaty of Peace and Friendship signed between the two countries

Modi at BRICS_210x140 Courtesy: MEA/Government of India
18 July 2014

Incubating a non-dollar architecture

The launch of the BRICS bank can now give the member countries confidence to experiment with other geoeconomic ambitions. Incubating a non-dollar financial architecture can be the next goal. There are existing models to build upon but India will need smart economic diplomacy to secure its interests

asias cauldron Courtesy: Random House
18 July 2014

Book review: the rise of China

‘Asia’s Cauldron: The South China Sea and the End of a Stable Pacific’ is a pragmatic narrative by Robert D. Kaplan of the receding power of the U.S. and China’s growing dominance

IBSA Courtesy: Gateway House
15 July 2014

Time to revive the IBSA Dialogue Forum

Prime Minister Narendra Modi’s visit to Brazil for the BRICS summit is an opportunity for India to intensify its engagement with South America and reactivate the long-dormant IBSA (India, Brazil and South Africa) grouping. This grouping is a promising partnership comprising of different models of democracies spread over three continents

brics Courtesy: wikimedia/commons
4 July 2014

Mandate for BRICS Bank

Brazil is all set to host the 6th BRICS Summit from July 15. In light of the fact that most developing nations have concerns over the pro-western bent of the World Bank and the IMF, the BRICS initiative of setting up of a Development Bank needs to gain momentum and the nations should finalise the mandate on a priority basis

Modi departure_Bhutan Courtesy: MEA/Indian Embassy Thimphu
18 June 2014

Modi: charting a new foreign policy course

Narendra Modi’s first month in office has seen him deftly handle India’s neighbours, accept an invitation to visit Washington, enhance relations with Bhutan and accord due importance to China. In the same manner, Modi will also have to move quickly and firmly to reassure foreign investors of the dependability of India’s fiscal environment

Shangri La Dialogue Courtesy: Department of National Defence, Republic of Philippines
5 June 2014

Rethinking India’s role in Asia

The recently held Shangri-La Dialogue, an annual security forum of Asia’s defence establishments, highlighted the growing anxieties over China’s belligerent pursuit of territories under dispute in the South China Sea. The U.S. and Japan have made it clear that they will strongly challenge China’s claims. It’s a tussle that will throw up new security dilemmas for India in the future

Shanghai Forum 2_210x140 Courtesy: Akshay Mathur
2 June 2014

Shanghai Forum: reflections

Shanghai Forum has emerged as a leading platform for discussing geopolitics in Asia. This year’s forum focused on the impact of rising geopolitical tensions in Asia and the need for Asian countries to develop creative approaches to economic development in the wake of the western financial crisis