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The third India-Africa Forum Summit in New Delhi concluded on 29 October 2015. It is time that India begins work towards elevating the partnership with Africa and move ahead from the lofty ideals and grand vision statements. A conscious effort to shift gears and pour in investment in Africa is the need of the hour.
The U.S. is urging India to alter its IPR regime, and the potential impact on prices in the pharmaceuticals sector is of concern to African countries that depend on India for low-cost generic medicines. The recent India-Africa Forum Summit in New Delhi sought to address this issue, but it will be a challenge for India to balance competing pressures.
Changes in how India plans to approach its relationship with Africa were evident at the recent India-Africa Forum Summit, including the wider representation of African countries, and Modi’s push to forge a united front with Africa at multilateral institutions on trade and other issues. But beyond these, gaps in the India-Africa alliance remain to be addressed.
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The third India-Africa Forum Summit this week in New Delhi may be the right opportunity for the Modi government to formulate a strong Africa policy, and hosting more than 50 heads of African states will give India a chance to deepen the relationship and open access to newer markets.
The India-Africa Forum Summit in New Delhi this week has not generated much excitement among African media, academia, and think tanks. But it will be useful for the African bloc to have a strategic game-plan about the Africa-India relationship of the future, across such areas as trade and public health
At a recent international seminar on BRICS Studies, in addition to the predictable themes such as building a multipolar world order and the One Belt One Road project, fresh ground was also covered, including the contours of the New Development Bank and the potential impact of the refugee crisis on BRICS countries.
GLC Policy Conclave Session 1: The New Financial World Order Shashank Bengali (SB): So, Rajrishi, can you tell us basically what the circumstances were that led to the development of these new multilateral institutions? How did we get here? Read more
The Russian city of Ufa, capital of the Republic of Bashkortostan, played host to three major summits from July 8-10—BRICS, SCO and Russia's Eurasian Economic Union (EEU). Here are some of the characteristics and developments from the summit in numbers