Courtesy: Gateway House
This infographic seeks to trace the evolution of BRICS from O’Neill’s original vision to its current form, while illustrating how intra-BRICS trade has evolved over the past 15 years.
Courtesy: Dr. Jehangir Sorabjee
The recent inauguration of the New Development Bank in Shanghai has made that city a focal point of international financial transactions between the five BRICS countries. This occasions revisiting some of the ways in which Bombay has been historically linked to it
Courtesy: Google Earth
The recent BRICS summit and BIMSTEC outreach highlighted some laudable maritime endeavours linking geographically distant, emerging economies within the grouping. The BIMSTEC platform is also crucial to India's efforts to create a peaceful Bay of Bengal community through economic and cultural linkages.
Courtesy: Gateway House
The 8th BRICS summit in Goa comes in the midst of major geopolitical events; Brexit, the U.S. elections, the South China Sea dispute, and the terror attacks in Uri. There is much need for BRICS to demonstrate to the world, its capability to manage internal differences and showcase a collective sense of cooperation
Courtesy: BBC
At present, South Africa finds itself charting political and economic policy uncertainties. This is not to suggest that the domestic political crisis will see different trajectories unfolding with regard to its BRICS/IBSA engagements, or on a broader foreign policy path, but it will have repercussions at the international level, in terms of investor confidence, credit ratings, and currency volatility. Pretoria will face constant pressure to be seen as a credible actor, especially when it comes to its African identity.
Courtesy: Narendramodi.in
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.
Courtesy: Roberto Stuckert Filho / Wikipedia
Although the BRICS caravan is passing through uncertain times, its major leaders appear determined to continue the journey as doing so is in the collective interest. The world is likely to hear more - not less - about BRICS in the foreseeable future.
Courtesy:
The Latin American region already identifies with India through its pop culture, so India needs to capitalise on this goodwill to deepen its diplomatic relations with the region.
Courtesy: ustr.gov
The Trans-Pacific Partnership has dropped strong Intellectual Property Rights regulations on India’s doorstep. The implications of these regulations could affect India’s own policies, as well as her global aspirations towards the potential Regional Comprehensive Economic Partnership.
Courtesy: Wikipedia
Despite major political change in Brazil, Argentina, and Venezuela due to global economic tumult, it may be premature to speak of a rightward shift in Latin American politics. Yet, developments in these democracies need to be monitored carefully as India has a stake in their political stability.