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Although the BRICS caravan is passing through uncertain times, its major leaders appear determined to continue the journey as doing so is in the collective interest. The world is likely to hear more - not less - about BRICS in the foreseeable future.
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After decades of passivity, India is beginning to assert itself in the maritime arena. There is a whiff of salt in the usually 'sea-blind' corridors of Delhi, where the Modi government clearly sees the linkage between the possession of maritime wherewithal, both civilian and military, and the furthering of national prosperity, through ever-increasing trade.
Courtesy: ustr.gov
The Trans-Pacific Partnership has dropped strong Intellectual Property Rights regulations on India’s doorstep. The implications of these regulations could affect India’s own policies, as well as her global aspirations towards the potential Regional Comprehensive Economic Partnership.
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The Indian government and businesses should stay away from giving an overly “mercantile” attitude to foreign policy and investments abroad. A deal secured by only economic heft and preying on weakness is likely to produce only bitter fruit later on.
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The world has witnessed a number of upheavals in the past few years, precipitating widespread global political turbulence stemming from geo-economic instability. Over the next couple of months, Gateway House experts will attempt to deconstruct these events and how India and its foreign policy can work to take advantage of these trends.
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China’s stock market has tanked over 20% in January 2015. More than the fall in the stock market, it is the reaction of the Chinese authorities that suggests bigger problems.
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Is China actively building up its maritime presence in the Arabian Sea, to dominate vital sea lanes and perhaps encircle India with a chain of naval bases? There can be little doubt that China views Gwadar as a potentially useful asset. China, however, will know better than anyone that Gwadar has two considerable limitations.
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Low GDP growth numbers and the tumbling Shanghai Composite are not enough to judge China’s economic management strategy. It is the long-term, structural, and geoeconomic challenges that will determine the country’s economic future
India has long sought China over Taiwan, so is it too late to rectify foreign policy? The recent election results in Taiwan have upset China as China fears it will lose control over Taiwan. Gateway House interviews noted China expert Professor Nalapat to get his take on Taiwan's new president-elect and what lies ahead for tenuous Sino-Indian-Taiwan relations.
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India’s merchandise exports have now contracted for 13 months in a row, reflecting the global slowdown and impact of China’s economic recalibration. But, therein lay new opportunities and challenges for India’s economic diplomacy
