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If, after nine years, BRICS remains a disparate grouping, and its trade and investment flows remain dismal, it is time to explore new avenues of cooperation to consolidate the alliance—and culture and education can provide the necessary cementing factor when combined with the New Development Bank
Courtesy: Wikipedia
The New Development Bank initiated by BRICS countries can reform and democratise global economic governance. But to reach this goal, in this critical period when the bank is preparing to operationalise, it must formulate an innovative institutional design. This article outlines four guiding principles for such a structure
Courtesy: Wikimedia Commons
Narendra Modi, who spent nearly two months abroad in his first year as prime minister, helped India cultivate a wide range of bilateral and multilateral relationships. But of these, it will be the middle powers that hold the key, economically and geopolitically to India’s growth and security, and Modi must continue to widen his middle powers arc
Courtesy: Wikipedia
A possible Iran nuclear deal means a longer window of lower oil prices. But the glut of oil supplies is already resulting in cutbacks to oil exploration and production spending, and will eventually lead to higher energy prices. Before that happens, India must use this opportunity to lock in prices
Courtesy: Inquisitr.com
The government's media rhetoric and aggrandisement is doing more harm than good to its reputation. It seems intent upon proving right the age-old adage, pride goes before a fall.
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Prime Minister Narendra Modi’s completion of the South Asia circuit demonstrates the importance of the neighbourhood in his government’s foreign policy. The improved perception of India in the neighbourhood, especially in Bangladesh and Sri Lanka, is a positive, but the neighbours must recognise that India’s federal structure makes decision-making slower and more difficult on issues that affect neighbouring Indian states like West Bengal and Tamil Nadu.
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A distinguished Chinese scholar, speaking at a BRICS forum in Moscow recently, ascribed the growing India-China trade deficit to India’s ban on iron exports. While this contention is partially true, the data does not validate this argument, and nor does his view account for the other reasons for the deficit
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The visit of U.S. Defence Secretary Carter will help cement trust and expand the scope of India-U.S. defence cooperation. However, there are several important details around technology transfer that still need to be worked out before co-production of weapons can begin.
Courtesy: Wikipedia
On the occasion of the BJP government’s one-year anniversary, Neelam Deo, director, Gateway House, delivered a series of lectures across the U.S., analysing Modi’s foreign policy. His energetic style, she said, has created several milestones—including a revival of relations with the U.S. and Russia, and a new approach to China and to India’s neighbourhood—that can cumulatively transform India’s growth trajectory. This is an abridged version of her lecture:
Courtesy: Debarpan Das
As Prime Minister Narendra Modi's first year in office reaches a close, we compiled a month-by-month review of Modi's diplomatic calendar, including foreign trips and incoming visits