While India must do justice to its diverse responsibilities as steward to the G20, it has a special duty and priority: to advance the Africa agenda while serving as a powerful bridge between the developed and developing parts of the world.
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The Indo-Pacific region envisages the Indian and Pacific Oceans as a continuum and stands on two central pillars – maritime security and economic development. The public discussions, however, are focused on maritime security, strategy and geopolitics, while economic development has received less attention. This imbalance can be corrected by creating an awareness on how to harness the potential of the region's Blue Economy and its vast resources and opportunities.
The supply of critical minerals, crucial for new and emerging technologies such as electric vehicles, electronics and renewable energy production, faces a significant disruption due to Covid and the Ukraine crisis. As the prices of these valuable resources surge, India can secure its supplies through the sagacious use of financial investments, efficient policies, and propriety technology. A collaboration with Japan can offer multifaceted benefits.
Pakistan continues to receive succour from its long-time ally, the U.S., despite blundering about in its neighbourhood unabashedly- be it through righteous indignation or through generous courtesies. The external affairs ministry needs to improve its approach towards U.S. officials who are visiting India in order to better its relation with the country.
The role of the emerging economies of Africa was discussed at the recent summit of the African Union. Africa’s resources are crucial to fuel such economic powerhouses as India, Brazil and China, and India must accelerate its trade and aid relationship with the continent.
There is an immediate need for observance of good governance in regulation and a restructuring of the regulatory architecture. Key to this is the recovery of ground lost by the regulator in ensuring market integrity
The completion of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline is significant to secure a constant supply of natural gas to India. Since this pipeline passes through Afghanistan and Pakistan, both restive regions, security concerns have triggered wide debate on its viability.
Today, both India and Brazil face the risk of an increase in communicable and non-communicable diseases, given the inefficient healthcare delivery systems. How can these nations help each other implement policy changes – to weed out hiccups to healthcare systems – and serve as a model for developing nations?