49012249412_d8b02bb141_c Courtesy: MEA/Flickr
7 November 2019

Goodbye, RCEP

There have been mixed reactions to India’s not signing on to the Regional Comprehensive Economic Partnership. India is often criticised for abstaining from trade agreements and being a protectionist nation, but in fact, the reverse is true. The country’s trade to GDP ratio of 43% is higher than China’s 38% and the U.S.’ 27%. This shows how important trade is for India, particularly if it wants to reach the 2024 goal of being a $5- trillion economy.

41608961145_bcfb0f1515_o Courtesy: MEA Flickr
26 February 2019

Indo-Pacific, the contested theatre

The key global powers are redefining their roles in the Indo-Pacific to promote national interest. China’s rise and increased activism in South Asia and the Indian Ocean region is an uncontested reality even as Asian countries worry about the new cold war in which the U.S. and China are locked. The Quadrilateral Dialogue has reemerged to prevent a unipolar Asia — these are some of the trends unfolding in this arena

India-ASEAN Zee News Courtesy: Zee News
26 July 2018

Locating India-ASEAN in the Indo-Pacific

Indonesia and Malaysia appreciate India’s leadership role in the Indo-Pacific, but are also aware of all that keeps it from delivering on its commitments. A policy visit to the two countries enabled a closer look at some key issues, such as ASEAN’s centrality, the Quad and India’s stand on the Regional Comprehensive Economic Partnership

37019468915_3c74a9c724_o Courtesy: Government of South Africa/ Flickr
25 January 2018

South Africa leads BRICS, IORA in 2018

Internal political constraints dog it currently, but if overcome, South Africa can be a good chairman to BRICS and IORA in 2018. It also has a tough balancing act to perform between two great Asian powers, China and India

IORA photo Courtesy: Gateway House
2 March 2017

IORA summit: sharing commonalities

The two decade-old Indian Ocean Rim Association holds its first ever summit next week. Maritime safety and security in the region is a paramount concern as also enhanced trade, but will the Blue Economy be included as a priority? Another area of concern is devising modalities for cooperation with dialogue partners, such as the United States, China and Japan

TPP Courtesy: ustr.gov
3 March 2016

A fine line: TPP and India

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.

TPP Courtesy: ustr.gov
26 November 2015

TPP & ISDS: new tests for India

The U.S.-driven Trans Pacific Partnership agreement between 12 countries, which is aiming to become the new standard of world trade, impacts domestic systems globally. For India, it will skew investment and intellectual property rights, and especially the debate over the Investor State Dispute System which allows companies to challenge sovereign rights and public policy.

Leaders_of_TPP_member_states- wikipedia Courtesy: Wikipedia
20 May 2015

TPP and RCEP: the hare and the tortoise?

The Trans-Pacific Partnership might soon be concluded if the U.S. Congress fast-tracks it, as recently announced, while the Regional Comprehensive Economic Partnership Agreement remains on slow-track. But the TPP, although ambitious, follows an outdated template, and it is the dynamic RCEP that can be a model for a new global rules-based framework