Courtesy: Ministry Of External Affairs, India
Indian foreign policy has not yet addressed the ramifications of Chinese economic dominance in BRICS. Nor have we matched China’s engagement within the group to ensure that the BRICS vision of a new international order for emerging economies actually works in their favour.
Courtesy: Government/ZA/Flickr
At the 5th BRICS Summit that begins in South Africa today, the heads of state of Brazil, Russia, India, China and South Africa are expected to ratify the creation of the BRICS Bank. After discussion and study for over a year by the respective governments, the bank will be launched with seed money estimated at between $50 billion to $100 billion, and most likely an equal share of voting rights for the management of the bank. What remains
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Bilateral relations between India and Italy grew increasingly tense following Italy’s refusal to return two of their Marines – who are accused of killing two Indian fishermen. Given how both countries otherwise enjoy warm relations, how should New Delhi address this diplomatic debacle?
The establishment of a BRICS Development Bank will be among the prime topics of discussion at the BRICS Summit on March 26. Gateway House’s Akshay Mathur interviews former Indian Ambassador and Foreign Secretary, Shyam Saran, on the prospects and viability of alternate financial architectures.
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Maritime piracy is one of the several grave security issues faced by today’s world. This problem, however, isn’t a new phenomenon, and nations have long-battled this issue. How did piracy manifest itself in the Indian Ocean in the 19th century, and what was the nature of counter-piracy efforts during that period?
The recent allegations of corruption against the sale of AgustaWestland helicopters has renewed serious concerns on foreign defence acquisition in India. The larger question is this: to what extent does corruption really affect national security? Aakash Brahmachari blogs.
In the backdrop of the European Union’s (EU) economic crises, the international community’s focus has shifted towards Asia. Gateway House interviews renowned historian and scholar Timothy Garton Ash on the lessons Asia can learn from Europe, Britian’s role in the EU and political morality.
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The year 2012 has been a busy one for foreign policy: from escalating disputes in the South China Sea to alternate financial instruments from the emerging world. India’s foreign policy too has its shown strengths and weaknesses. We present our top foreign policy Hotspots, Sweet spots and Blind spots for 2012.
The Chinese have learned from Russia’s past mistakes at reforming state-owned enterprises (SOE), and some well-connected politicians have reaped the economic benefits that followed. Will the new administration in Beijing reform China’s SOEs or maintain the large role of government in industry?
The deterioration of growth prospects is at the core of the financial crisis in Europe. Can Europe successfully form a banking and monetary union? Gateway House interviews Nicolas Véron, a French economist, to discuss the repercussions of the financial crisis in Europe and the potential for Indo-EU cooperation.
