Courtesy: MEA\photogallery
Much was made of the ‘incredible possibilities’ for India-U.S. ties preceding John Kerry’s visit to India. The American emphasis on rhetoric touched a new high when Kerry formally invited Indian PM Modi to Washington in September. The two sides must now get beyond words to work towards a resolution of differences for the bilateral to blossom
Courtesy: Ministry of External Affairs
The 5th India-U.S. Strategic Dialogue was an effort to reverse the downward spiral in bilateral ties, and an opportunity for the two countries to get a realistic assessment of each other. Clearly given the range of differences on issues such as trade, tariffs and price controls, there is still plenty of work to be done
Courtesy: Wikimedia\Floyd Rosebridge
Cooperation in the energy sector offers a chance for India and the U.S. to build on a mutually beneficial and complementary relationship. The U.S. will gain from having a large, long-term market while India will benefit from cheaper and more diversified energy sources
Courtesy: Commerce department\US govt
Penny Pritzker, U.S. commerce secretary is the new element in the India-U.S. bilateral dialogue. Her business skills have brought a shine to her ministry at home and perhaps she can have the same effect in Delhi
Courtesy: MEA/Government of India
Looking back at the 2008 financial crisis, when governments had to resort to bail-outs to keep economies afloat, the BRICS member countries have decided to set up a New Development Bank which will provide for a contingency fund. This initiative aims at building an alternate financial structure in terms of trade among the member states as well as creating a safety net
Courtesy: U.S. Navy photo/Journalist 1st Class Todd Macdonald
India’s invitation and the subsequent participation of the Japanese navy in the Malabar 2014 exercise is a sign of the deepening of the political-security relationship between India and Japan. However, an actual fruition of the potential requires both the administrations to be more flexible, especially on the nuclear deal and defence purchases
Courtesy: IBtimes.com
On the eve of his departure to India for the fifth India-U.S Strategic Dialogue, U.S. Secretary of State John Kerry outlined a roadmap of partnership between the two countries. While mentioning some of the ongoing concerns of the U.S government, he said this was a moment to chart a new course in the bilateral relationship
Courtesy: wikipedia\commons
Four years ago, U.S. President Barack Obama announced that the India -U.S. relationship would be "one of the defining partnerships of the 21st century". However the relationship hasn’t matched up to the rhetoric and bilateral ties hit a low in 2013. Forthcoming high profile engagements between the two suggest the tide might be changing
Courtesy: Rigues/Flickr
Recent developments at the WTO's two-day General Council Meeting that started on July 24 suggest that India will agree to sign the trade facilitation agreement only if the deal comes bundled with a permanent solution that will allow unhindered roll-out of welfare schemes such as the food security programme.
Courtesy: MEA/Government of India
The launch of the BRICS bank can now give the member countries confidence to experiment with other geoeconomic ambitions. Incubating a non-dollar financial architecture can be the next goal. There are existing models to build upon but India will need smart economic diplomacy to secure its interests