Courtesy: United Nations Economic Commission for Africa
The Indo-Pacific is viewed by powers within and outside the region as both a strategy and policy to interpret the changing geopolitical dynamics in Asia and beyond. But the question of its geographical and geopolitical definition has varied. Opinions among governments and academics have traditionally differed, but over the years, a viable consensus for a wider definition of the concept seems to have emerged.
Courtesy: Deccan Herald
The eighth round of talks for the proposed India-UK free trade agreement is scheduled in New Delhi in March 2023. Both countries stand to make significant gains from a comprehensive agreement covering tariffs, sustainable growth, SMEs, data flows, and intellectual property. This article reviews motives for the India-UK agreement, the economic gains, contentious negotiation issues and win-win solutions.
Courtesy: Hindustan News Hub
The earthquakes that struck Turkey and Syria on 6 February devastated those regions. India established its credentials as an early responder, along with the global community. Humanitarian aid may not lead to a significant change in regional foreign policy, but people’s goodwill has been established in Turkey and a window opened in Syria for normalisation with its Arab partners.
Courtesy: Dr. S. Jaishankar /Twitter
Canada is committed to playing a larger role in the Indo-Pacific and has adopted a pragmatic approach to achieving its five objectives. These are promoting peace and security; expanding trade; connecting people; building a sustainable and green future; with Canada serving as an active partner in the Indo-Pacific. India will do well to understand Canada's compulsions and work with it with enthusiasm.
Courtesy: The Diplomat
The Ukraine crisis transferred global anxiety away from China and onto Russia. But this has not happened in the Indo-Pacific, where the Quad countries have followed a policy of economic disengagement from China, in the backdrop of the COVID pandemic and the regeneration of some economies. How the Quad managed this, is a worthwhile assessment.
Courtesy: MIT News
Energy transition is central to the G20 agenda, and during India’s G20 Presidency, the geopolitics and governance of energy have become immensely challenging. What this means is that new technologies, financing and business models are needed for transitions – new tracks for new trains. Financial centres of G20 countries and their significant business communities, like Mumbai, have a critical role to play in creating this new economy.
Courtesy: Gateway House
Significant progress has been made globally in adopting green energy. Technological advances, easier availability of capital and regulatory measures have helped. But progress is likely to slow due to the shocks caused by Covid-19 and the Ukraine crisis. How to continue the green transition whilst ensuring that lower-income countries have access to affordable energy? This Task Force offers recommendations for India’s G20 Presidency.
Courtesy: Reuters
The International Monetary Fund’s recent warning of a slowing global trade comes as a sign for South Asia to reassess its regional trade within the continent. India, in its year of G20 Presidency and as South Asia’s largest economy, can use its platform to lead the way via dialogue, capacity building, and regulatory policies to encourage open regionalism in Asia.
Courtesy: Reuters
Brazil's Lula da Silva and Argentinian Alberto Fernández are strengthening bilateral ties. Argentina is Brazil's largest trading partner, and the two countries are in discussion around the introduction of a common currency. In this podcast, Argentinian Consul General Mr. Guillermo Eduardo Devoto in conversation with Amit Bhandari, Senior Fellow, Energy, Investment & Connectivity, Gateway House, discuss the significance of a common currency for economic integration in South America.
Courtesy: WAM/ Shutterstock
The Gulf is increasing its diplomatic weightage globally. The maximum acceleration has been by the UAE, which is leveraging its advantages of economy, location, and connectivity to position itself as a key regional and geopolitical facilitator.