Courtesy: PMO
Creating a neighbourhood of compatible interests in South Asia isn’t easy, especially when intra-regional trade accounts for only 5% of total trade in the region. However, the region has seen considerable progress in the past year. India is well poised to lead the change, starting with the upcoming SAARC summit.
Courtesy: PMO
India and Brazil’s increasing engagement in Africa is a clear sign that both countries are embracing their new roles as global diplomats. By joining forces to bolster Africa’s food security, they have the chance to break ground on a tangible agenda that could have a far-reaching impact on matters of global concern
Courtesy: Phil Humnicky/Georgetown University
The first Indo-U.S. Education Summit held last week showed much promise. While education can be driving force of the strategic dialogue between the two countries, this is also an opportunity for business. India's massive education sector, estimated at $25 billion, is waiting to be tapped.
Courtesy: U.S. Navy/WikimediaCommons
In the context of security and sovereignty, India is involuntarily Pakistan-centric and Sino-deferential. India must deal with China with deference without degradation, firmness without confrontation, and raise the threshold of its defense posture in physical and policy measures, without upping the ante.
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With increasing debt and recession in the West, it seems no longer fitting for the rest of the world to follow traditional Western financial models. India’s long experience of capital markets, with its conservative and ‘inclusive’ financial regulatory system, on the other hand, makes for a compelling case study.
Courtesy: PMO
NATO’s poor strategy in Afghanistan has failed to quell the Taliban. Now, India will begin to train the Afghani military, and has proven with its light force tactics in Kashmir that it is better suited for the role than NATO forces.
Courtesy: PMO
Indian Prime Minister Manmohan Singh’s speech at the UN General Assembly has put Indian perceptions on the record and clearly outlined India’s independent foreign policy. India came out unequivocally in support of the Palestinian struggle & reiterated its traditional stance of respecting countries’ sovereignty.
Courtesy: www.whitehouse.gov/WikimediaCommons
Repeated applause greeted Palestinian Authority President Mahmoud Abbas' speech to the UN General Assembly, asking for support for the “establishment of Palestine.” But with the U.S. backing Israel, under almost all circumstances, will Abbas' proposal be able to bring about any change?
Courtesy: www.kremlin.ru/Flickr
In a reversal of historical roles, the BRICS nations may be coming to Europe’s rescue. During the Asian Financial Crisis, the International Monetary Fund (IMF) introduced structural adjustments in return for IMF loans, and many institutions and individuals went bankrupt. Will it be any different now?
India’s relations with Russia have to be set against the broader strategic landscape of India’s security issues and geopolitical priorities, especially in Central Asia and Afghanistan, where Russia is a key player. An increase in private sector initiatives can also ensure greater cooperation in the years to come.