Trade-shy India is now energetically embarking on a series of trade agreements to boost exports, remove barriers for skilled Indian professionals and secure imports of essential raw materials for manufacturing growth. New trade agreements signed with Australia, the UAE and soon the U.K. will be templates for more to come.
Indonesia has managed its G20 Presidency year by understanding the importance of not going it alone. This trading nation has used its deep regional and multilateral cooperative processes which provided trusted back-up and support at every step, and was book-ended by strong linkages and investment partnerships with Japan and Australia. In this, it has laid the groundwork for India’s 2023 presidency.
Delhi and Dhaka are fully conscious that they must get this vital equation right, constantly strengthening and deepening their cooperation and countering the challenges they face. In this, the contributions of the Sheikh Hasina government in nurturing the special ‘bonding’ is enormous and widely appreciated.
Indians are the largest expatriate community in the United Arab Emirates (UAE). Their contribution to building that nation is being celebrated this year, which is also the UAE’s golden jubilee year. Cultural fluency built on centuries-old trade and migration makes it easier for Indians and Gulf Arabs to collaborate.
On February 18, India and the United Arab Emirates (UAE) signed the Comprehensive Economic Partnership Agreement (CEPA). This is a modern trade agreement with its roots in the erstwhile Bombay Presidency’s administration of the nine Emirati kingdoms.
Bangladesh prime minister Sheikh Hasina’s visit to India earlier this month, resulting in seven new agreements, showed the strength of the mutual relationship. But both governments need to address some rankling issues: the sharing of the Teesta waters, the Rohingya problem and repatriation of the illegal people from Assam
One is an advanced economy, the other an emerging one, and yet they share a striking complementarity of interests—from democracy and liberal values to a history of cordial relations. But two important economic agreements remain as chasms to be bridged
With India backing the United Nations resolution against Sri Lanka, New Delhi-Colombo relations appear to be in a tense phase. Gateway House interviews Prasad Kariyawasam, the High Commissioner of Sri Lanka to India, to discuss the implications of the UNHRC vote and the future of India-Sri Lanka relations.
India and Japan have designed their collaborations over the years to be a win-win for both sides. Now, they are willing to collaborate on long-term initiatives, based on intrinsic factors of inter-dependent competencies – rather than on the defence of an extrinsic threat of a common enemy.
Creating a neighbourhood of compatible interests in South Asia isn’t easy, especially when intra-regional trade accounts for only 5% of total trade in the region. However, the region has seen considerable progress in the past year. India is well poised to lead the change, starting with the upcoming SAARC summit.