Courtesy: Reuters
The Ukraine crisis has sent the EU scrambling for new gas supplies, generating fresh interest in gas pipelines from Central Asia and West Asia via Turkey. Practical difficulties make most of these new projects unviable.
Courtesy: ISRO
The Quad has agreed to launch a satellite-based maritime security initiative to curb illegal fishing by China. India is a global leader in satellite launches, especially in Earth Observation (EO) satellites. The Indo-Pacific nations are looking at the Indian model because it is applicable, economical, and sustainable.
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Renewable energy is trendy, but still unreliable at this early stage. Countries will find it necessary to fall back on traditional energy sources like coal and oil for their needs, and this can lead to energy price spikes. To protect itself from this scenario, now is the time for energy-dependent India to set up a wealth fund that invests in listed oil companies around the world, to reduce the risk of energy insecurity.
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India’s oil consumption and imports are likely to resume their upward trajectory as the economy opens up, after a temporary drop due to the pandemic. To secure its energy needs, the country should shift course from investing in oil and gas assets of emerging economies to those of developed nations. The oil-rich Organisation for Economic Co-operation and Development (OECD) countries, such as Canada, Norway, and the U.S. can be given special consideration.
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The UN turned 75 this year but instead of grand celebrations, the world witnessed an empty UNGA with world leaders addressing it via video screening because of the pandemic. The UN is under unprecedented stress and being shown up for its inability to tackle the challenges of today like the pandemics, climate change, terrorism or global peace and security. The institution's key governing structures, especially the UN Security Council, are inadequate and demand reform. India must now use gritty resolve to ensure its place in these governing structures.
Courtesy: IIM, Indore
The world order that came about in the aftermath of World War II was a western-oriented construct that has become obsolete in many ways. The changes underway offer India an opportunity to participate in the crafting of political and economic institutions that are more pertinent to the emerging geopolitical equations
Courtesy: IIM, Indore
This speech was delivered at ‘Industry Meet 2018’, organised by the Indian Institute of Management, Indore, in collaboration with the Ministry of External Affairs, Government of India, on 7 July 2018
Courtesy: Wikipedia
With a cessation of hostilities been brokered by Russia and the United States, the conflict in Syria has entered a tense pause. India has had a bystander attitude to the conflict in Syria. However, with the truce expected to be short, does India have the incentive or the option to depart from its current position, and deepen its engagement in Syria?
Courtesy: Dawn Endico
Today ISIS is the gravest international security threat. To defeat ISIS, the world should pay heed to India’s experience of the need to isolate state sponsors of terrorism. Ultimately, only when Saudi Arabia acknowledges the danger to its own survival from past policies of alleged support to extremist groups, can it be a reliable partner in the fight against ISIS.
Courtesy: wikimedia
The fall in oil prices is creating new complexities for the energy exporting economies of West Asia. With smaller profits, these countries may not be able to buy off political dissent at home and fund client governments and rebels abroad. Lower energy prices could also mean a renewed chance for peace