The Russia-Ukraine conflict has led to the resurgence of interest in Central Asian as an alternate trade corridor between Europe and Asia. Timely investment in connectivity projects like the Middle Corridor and the INSTC by regional stakeholders, as well as by the EU, China and India, must now build on this interest to create new regional, international, and cross-continental transport corridors.
While several Bay of Bengal countries are rich in hydropower and thermal electricity generation, others are net energy importers with large markets. India can lead creative energy projects with its eastern neighbours, supported by regional and international institutions.
China has followed Sun Tzu’s strategy of focussing on alliances - building its own and weakening those of its adversaries. Beijing’s carefully nurtured formations in West and Central Asia are part of this global power projection, especially with Pakistan, Iran and now, the Taliban, through projects like the Belt and Road Initiative. India must recalibrate its China policy and push for concerted regional responses to emerge as a balancing force against it.
The Bay of Bengal is a bridge between the Indo-Pacific and the Indian Ocean, and with a population of 1.4 billion, an increasingly important economic zone in its own right. India has been slow to build regional connectivity. The space has been filled by China's Belt and Road Initiative projects, which have not always been beneficial for host countries. The region may be better off pursuing digital connectivity by enabling tech startups – areas of India’s strength. This research uses maps to explore the potential for energy, transport, and financial connectivity across the Bay of Bengal.
Globalisation has resulted in the interdependence of nations through the largely unimpeded transmission of investment capital and information, and integrated business operations. The leading beneficiaries have been the global 1%, and China. While it is too late and not possible to roll back an interconnected world order, globalization as we know it will recede, as will China’s standing in the world.
Amit Bhandari, Energy & Environment Fellow, Gateway House; Blaise Fernandes, President, Indian Music Industry Association; Ambika Khanna, Senior Researcher, International Law Programme, Gateway House discuss the reaction to China’s increased investment in HDFC, the depth and motive for China's investments in India, and the new FDI rules put in place by the government to protect strategic investments in the country.
The foreign ministers of the Quad countries meet for the first time in New York today even as the Indo-Pacific has turned into a keenly contested geopolitical arena. Some countries are offering to play a mediatory role while other triangular equations are also undergoing change. An analysis of some of the relationships at work here
The Aung San Suu Kyi-led National League for Democracy, which has been in power for three years, has shown a modest score card, winning more censure than praise. Suu Kyi’s civilian-military equation has been good, but not her reluctance on the Rohingya issue. What chances does her party have of winning in Myanmar’s elections in 2020?
Rodrigo Duterte, President of the Philippines, is a popular, yet controversial figure in a complex country, battling a mix of challenges. In external relations, he has followed a careful balancing policy, giving primacy to China, U.S. and the ASEAN
The imperative for India to move away from its non-aligned posture is now, especially if it wants to be consequential in the global reordering underway. This will play out in the contention between the U.S. on one side, and China and Russia on the other.