Five rather unfavourable trends define India’s trade performance over the past two years; these trends also provide useful pointers as to where India’s future trade strategy can go over the next three years as it deals with a global economic slowdown, the rise of megatrade agreements and a pivot to a more intensive trade relation with the U.S.
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Prime Minister Modi’s term has been marked by a resolve to improve cooperation among South Asian nations. These proactive efforts can bear rich fruit if the Modi government promotes the concept of geoeconomic and geopolitical equations being seen through the lens of bioregions. There are significant precedents which the Modi government can build upon
Does India plan to remodel its Andaman & Nicobar Islands as a launching pad for future security operations to check growing Chinese inroads in the Indian Ocean Region? Development of the islands has long been ignored to India’s detriment, and their strategic position in the Indian Ocean, underutilised.
Narendra Modi’s landslide victory in India's 2014 general elections, despite his hardline nationalist image, was viewed as a localised phenomenon. But two years later, voters across the world from Europe to Philippines seem to be tilting towards leaders with the same nationalist tag.
Despite the Joint Comprehensive Plan of Action having been in effect since January 2016, the promised business opportunities for Iran seem to have eluded them, as U.S. led economic sanctions still hold firm. With Prime Minister Modi’s upcoming visit in May, there is ample scope to redouble the India-Iran partnership for the strategic interest of both parties.
Speedy clearances to long-pending equipment demands of the Indian military and a push for local defence production have been the hallmarks of two years of the Modi government. The next three years must create that defence industrial base, encourage private sector participation and focus on R&D.
Present-day Bangladesh is a severely fractured society. Deepening political polarisation and recent developments questioning the country’s secular credentials have only added to its woes. Should India be concerned?
India must be fully engaged in the emerging G20-led international policy agenda being developed to deal with global structural weaknesses and raise public investment where fiscal space is available. India and other emerging markets offer higher investment returns---partly because of their demographics---and their deepening international integration makes them attractive.
A month after visiting Saudi Arabia, Prime Minister Modi will visit Iran on 22 May. India's careful balancing of relations with competing parties in West Asia has let it remain a friend to all. But to play a role commensurate with its global vision, India must work on becoming more than a friend and instead be an indispensable partner to countries in the region.
With the possibility of the Jamaat-e-Islami being officially banned through a resolution in the Bangladesh parliament, what will happen to its followers and activists? Will it cease to exist as a political and ideological force or, in the absence of a political platform, will its ideological followers strive to find alternate ways to make their existence felt?