Courtesy: Wikipedia
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 But the TPP, although ambitious, follows an outdated template, and it is the dynamic RCEP that can be a model for a new global rules-based framework
Courtesy: Spike Call U.S Navy/Wikimedia Commons
The Indian Navy, through multi-lateral exercises, is increasing its sphere of influence and becoming a regional force. Yet, it needs to be supported by policy decisions that enable it to achieve its potential as a state-of-the-art establishment and a powerful tool in India’s diplomatic repertoire
Courtesy: Systemman, Erin A. Kirk-Cuomo/Wikimedia Commons
The U.S. government shutdown and President Obama’s absence gave China immense diplomatic and political space at the APEC and East Asia Summit meetings. China’s declaration of a “de-Americanised” world may be premature but the crumbling old order is doing little to dispel this notion
Courtesy: Gateway House
Gateway House prepared a Global Stability Map, using 20 differing indicators, to analyze the stability of 60 countries around the world. Using criteria that are important to the emerging economies of the world, the map provides an Indian perspective of the world today.
Amidst myriad country groupings that already exist – BRICS, IBSA, APEC, SCO and many others – a new initiative in the Pacific is looking to integrate more powerful countries to form a multilateral free trade agreement – the Trans Pacific Partnership. How important is this towards the reshaping of trade and power?