Courtesy: East Asia Forum
Most multilateral and plurilateral institutions have lost their significance and ability to shape the trajectory of international relations today. The G7 is no exception. It is impacted by the shift of power from the Atlantic to the Pacific, and an intra-Atlantic rift. The G7 discussions reflected this. More positive were the sideline discussions on repairing the India-Canada bilateral.
Courtesy: News Arena India
Canadian Prime Minister Carney can use the upcoming G7 summit he is hosting to advance the North-South dialogue and cooperation and also to discuss the strained bilateral with India. India can articulate the viewpoint of the Global South, stressing its conviction that the G7 is better served by constructively working with developing and emerging economies.
Courtesy: Gateway House
The proposed IMEC corridor connecting India to Europe through the Gulf can be transformative, helping to reduce risks to the global movement of goods and data. It’s early days yet, and there are gaps to be filled in terms of missing infrastructure and overcoming a diplomatic rift.
Courtesy: Oxford University Press
The India Middle-East Europe Economic Corridor (IMEC) announced during India’s G20 leaders’ summit in September 2023 aims at security and ease of connectivity by multi-modal physical, digital and energy corridors connecting India, UAE, Saudi Arabia, Israel, and Europe. Like many of the connectivity projects created around the world today, IMEC’s origins are 2,300 years old, ancient routes that connected the Indian Ocean to the Mediterranean Sea
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Chinese President Xi Jinping's three-nation tour to France, Serbia and Hungary in early May highlighted China's aim to bolster ties and navigate shifting global power dynamics. The trip's implications are significant for all major powers, including India, which must inject more creativity and energy in building up its strategic partnerships with G7 nations after the elections.
Courtesy: Tezbid
President Emmanuel Macron is the Chief Guest for India's Republic Day celebration. This comes six months after Prime Minister Modi went to Paris as the Chief Guest for France's Bastille Day. It marks a special continuum in the India-France bilateral, and the growing convergence of their respective visions which include a shared dedication to strategic autonomy, an understanding between friends, and the maturity of the bilateral.
Courtesy: South Asian Voices
The proximity in the Indo-French relationship is reflected in the countries' increasing cooperation in the Indo-Pacific. An ambitious joint Indo-Pacific roadmap is supported by the Indo-Pacific Oceans’ Initiative and the recently announced Indo-Pacific Triangular Development Cooperation Fund. Both partners must now devise timelines for the implementation of the proposals.
Courtesy: Reuters
India and France are both large energy importers with a shared interest in stable prices and decarbonisation. They have much to offer each other. France is a leader in nuclear power and green hydrogen, and can help India with the technology it needs. India, with its large and growing market, can help bring down the cost of these technologies and mainstream them.
Courtesy: Arab News
The coup has revealed three truths: the long tail of colonialism is reaching its end; alternatives to western control and command have emerged; the younger generation in developing countries have neither awe nor loyalty to the old master and nothing to lose in overthrowing the past, even though they know not their future.
Courtesy: Narendra Modi/Facebook
India will be president of the G20 in 2023. The world’s most influential economic governance body is facing an existential crisis, where the major powers have fallen out. With geopolitical currents redefining geo-economics, India needs to be ready to emerge as the chief global diplomat.