Conceived in 2020, the task force studied promising areas for cooperation between the Quad countries beyond their pre-existing maritime security partnership. The report highlights the need to increase economic and technological interdependence among the Quad countries and to establish common and updated rules and standards for emerging technologies in five study areas. The unique mix of the group – three developed and one developing nation, three Pacific and one Indian Ocean nation, three producer-trading nations with one massive emerging market – lends itself to innovation, experimentation and cooperation that can be a template for a new, post-pandemic geopolitical era.
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Big Tech is powerful and its profits are growing - by 105% over the last year. It dominates economies. This raises concerns about data protection and privacy, anti-trust, fintech and the specific role of intermediaries. India is leading the way on fintech, but is behind several countries and institutions on digital rules. It is important to establish laws and rules to govern technology – whether domestic or through multilateral bodies – with the aim to strike the right balance between innovation and regulation.
China has been steadily increasing its influence within the United Nations using a combination of increased funding, strategically placing its key officials and selecting the most influential agencies and bodies to lead. The clusters of agencies headed by China are directly and indirectly linked to its domestic agendas like the Belt and Road Initiative, Make in China 2025 and the rise of Chinese companies. The world is just starting to take notice - and so must India.
Over the last five years, China has quietly created a significant place for itself in India – in the technology domain. While India has refused to sign on to China's Belt and Road Initiative (BRI), this report shows India's positioning in the virtual BRI to be strategically invaluable for China. Nearly $4 billion in venture investments in start-ups, the online ecosystem and apps have been made by Chinese entities. This is just the beginning; there is more to come.
Over the last five years, China has quietly created a significant place for itself in India – in the technology domain. While India has refused to sign on to China's Belt and Road Initiative (BRI), this map shows India's positioning in the virtual BRI to be strategically invaluable for China. Nearly $4 billion in venture investments in start-ups, the online ecosystem and apps have been made by Chinese entities. This is just the beginning; there is much more to come.
America is increasingly using sanctions as a geopolitical tool against its rivals, Russia, Iran and Venezuela. These countries are important partners for India, which needs to find ways around unilateral American sanctions.
India and the world have watched China’s growing investment in Asia and beyond with a mix of awe and apprehension. The unprecedented scale of these investments are reshaping political arrangements around South Asia.
The United States and India must forge an indispensable democratic partnership that can serve as a pillar of peace, prosperity, and democracy around the world.
In light of our government's new understanding of the role that the sister cities relationship can play in envisioning urban projects in India, Gateway House's Mumbai History Fellow, Sifra Lentin, has readied a special report on the role and understanding of sister cities.
Ambassador Rajiv Bhatia and Rajni Bakshi were part of a FICCI Task Force on Blue Economy. The task force released a report titled: Blue Economy Vision 2025: Harnessing Business Potential for India Inc and International Partners Executive Summary Blue Economy Read more