Scrapping the JCPOA will badly bruise Iran’s economy, citizens and foreign relations; it will have an impact on the U.S.’ allies too
As Iran emerges from three decade of economic sanctions, it has embarked on a quest to reunite with its traditional trade partners like India. Both countries have much to give and take as they invigorate trade ties and explore new possibilities.
As Iran begins to re-integrate with the global economy, the politics in West Asia are bound to be impacted. Will Iran be the new Turkey? Is Turkey going down the path of Pakistan? M.D. Nalapat, director of the School of Geopolitics at Manipal University and Manjeet Kripalani, executive director, Gateway House join our national security fellow, Sameer Patil, to discuss these questions, and more.
Iran has emerged on to the world stage after 36 years of isolation. India must double up its diplomacy and commercial engagement with Iran, and move boldly beyond the curtain of ‘civilisational’ ties. Time to put that natural advantage to good commercial use through a vigorous private sector engagement with Tehran.
An underwater gas pipeline project connecting Oman with India’s west coast is being resurrected. Several factors explain the renewed interest, including the relaxing of sanctions against Iran and India’s need to counter-balance geopolitical and security considerations dogging other land-based projects
A new equation is emerging between the BRICS countries and the informal grouping of the most industrialized economies, called the G8. The G8 has been reduced to G7 following Russia’s suspension. Of late, BRICS have taken an assertive stand against the G8 in economic as well as the geo-political fora
Originally formed to oppose polarities among nations following the Cold War, the Non-Aligned Movement is as relevant today as it was till two decades ago. How can it play a role in reducing the violence, and in tempering regional and global rivalries in West Asia and North Africa?
The Western-dominated financial system that is strangling Iran with sanctions today can do the same to BRICS oil exporters tomorrow, should their geopolitics be deemed inconvenient. Hence, there is urgency for the BRICS nations to create a new financial architecture for mutual economic benefit.