The Bilateral Investment Treaty has been losing favour as a dispute resolution mechanism since the recession of 2008. India has terminated several BITs after receiving an unfavourable award in a 2012 case. These terminations have created uncertainty regarding existing foreign investments and are not the answer to disputes. A balance is needed, especially for emerging markets, which must protect against claims whilst ensuring confidence in business. The analysis below provides some options
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Canada, which has been slow to respond to a changing trans-Pacific neighbourhood, can join India and the ASEAN member states to embark on a trilateral dialogue on the Indo-Pacific’s importance in terms of political, strategic and other domains. An alignment in outlook can strengthen the security and prosperity of a region, currently mired in U.S.-China rivalries
The Draft Policy, issued by the Department for Promotion of Industry and Internal Trade in February, is a welcome step for India and globally, but its all-inclusive definition of a fast, click-and-buy world requires some refining: is it intended to be an internet policy or a specific e-Commerce policy?
The emergence of the Fourth Industrial Revolution depends on the availability of rare- earth minerals, which occur extensively on the ocean floor of the Indo-Pacific. The technology to exploit this is available only to some countries currently: the global agreement on this must be fair and safeguard India’s future interests, says the author of this blog
A grand achievement is a series of smaller, well-defined, and precise accomplishments. If the vision of putting an Indian on the moon has to materialise, it should be preceded by several smaller projects and diverse institutions meeting definite targets. What would these targets be? Where does India’s scientific community stand in meeting them as of this day? What kind, and how much, additional capacity needs to be added to the Indian science sector to put an Indian on the moon?
India’s human spaceflight programme calls for a strong symbiosis between the country’s private sector, defence, and civilian agencies. The focus should be on indigenous development to preserve strategic autonomy
Every country has strategic goals to pursue and technology ecosystems play a vital role in achieving them
Since Independence, India has been consumed by its domestic priorities. Now, with increasing integration with the world and a huge stake in global stability, it is time to focus on the global commons. India has a seat on the hightable to design and shape the rules for the governance of the global commons. In this special Independence Day Briefing, Gateway House examines India’s engagement with four global commons – technology, outer space, cyber and the oceans – and makes recommendations on how best they can be governed for our collective future.
Marina Kaljurand, Chair, Global Commission on Stability of Cyberspace, Brussels, Belgium, said governments had to collaborate closely with lawyers, and the private sector, which is leading some major developments
The Indian Space Research Organisation’s (ISRO) recently announced intention to visit the planet Venus – the third celestial destination for India after the Moon and Mars – is a significant academic pursuit. But can New Delhi use this opportunity to develop cutting-edge trans-disciplinary technologies and advance its space diplomacy?