BoB3 Courtesy: The Strategist
1 June 2023

Food, Energy & Finance Connectivity in the Bay of Bengal

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Despite its natural advantages and potential, the Bay of Bengal region lags economically, in part due to insufficient connectivity between the member nations. Improving financial connectivity between countries of the region can be a first step to easing movement of goods, services and people. Greater financial collaboration also can help the region mitigate the impact of ongoing geopolitical upheavals that have caused food and energy prices to rise.

Screenshot 2023-05-31 at 4.00.23 PM Courtesy: T20 India
1 June 2023

Resilience and Inclusivity in Cross-Border Digital Supply Chains through Digital Services Trade and Investment

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Digital services innovation has contributed to inclusive global trade and development. However, governance regimes around digital regulation still remain in their fledgling stages. This Policy Brief recommends G20 actions to boost widespread implementation of digital regulatory good practices. This will enable greater regulatory interoperability and pave the way for the development of required multilateral governance.

FxX2UeNacAEZecu Courtesy: Takshashila Foundation
1 June 2023

Harnessing Opportunities in the Blue Economy

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On May 30, Rajiv Bhatia, Distinguished Fellow for Foreign Policy Studies, Gateway House, and Chair of the FICCI Task Force on Blue Economy spoke with Carl Jaison at the Takshashila Institution on India’s national efforts to harness the Blue Economy sectors. They discussed it the draft National Policy on Blue Economy developed by the NITI Aayong, the role of the private sector, the opportunities and challenges in the key and allied sectors, and potential areas of collaboration for the G20 countries.

BRICS-Summit-2018 Courtesy: Asia Times
25 May 2023

The paradox of BRICS

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After many early achievements, BRICS is now in gridlock, made worse by the COVID-19 pandemic, India-China border tensions, and the Ukraine conflict. Despite its apparent diplomatic bankruptcy, 19 countries across Africa, Asia, and Latin America are eagerly waiting in line to join the grouping.

pakistan economy Courtesy: Reuters
24 May 2023

South Asian Currencies in Crisis

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India’s South Asian neighbours have all seen sharp currency devaluations since early 2022. These are a result of maintaining artificially strong exchange rates, made possible by remittances from migrant workers. However, by postponing the inevitable devaluations, these states have made their economic crises much worse.

dhaka tribune Courtesy: Dhaka Tribune
18 May 2023

Dhaka on the Move

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Dhaka recently hosted the Indian Ocean Conference 2023, a multi-country event featuring speakers and participants from the Indian Ocean countries. In recent years, Bangladesh has gone from a ‘basket-case’ to a case study in progress, and across Dhaka are signs of a city undergoing dramatic change.

india SL Courtesy: Business World
18 May 2023

India and Sri Lanka Beyond the IMF

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The Sri Lankan economy is showing signs of stabilizing after experiencing the worst contraction in its history in 2022. Decisive policies by President Ranil Wickremasinghe, timely Indian aid, and an IMF Programme have laid the groundwork for a return to growth. India and Sri Lanka must now shift from an aid relationship to one which deepens bilateral trade and investment flows.

T20-Un Courtesy: T20 India
18 May 2023

A Proposal for U.N. Security Council Reform

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In this era of multiple crises eroding multilateral institutions, G20 needs to come out clearly in favour of an expanded, more democratic, more representative, and more accountable UNSC. Shifting from a bottom-up to a top-down approach, G20 leaders should consider incorporating a calibrated but forward-looking paragraph on UNSC reform in the Delhi Declaration.

Screenshot 2023-05-12 145229 Courtesy: T20 India
15 May 2023

T20 Mid-Year Conference – At the heart of the Indo-Pacific: Why Mumbai Matters?

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On 10-12 May, 2023, Manjeet Kripalani, Executive Director, Gateway House participated in the T20 Mid-year Conference hosted by Think20 and G20 in Mumbai. She delivered a special address on the integral position of Mumbai in the Indo-Pacific, pointing out the city’s historical, geopolitical, maritime, and commercial linkages with the Indian Ocean world.

swarajya sco Courtesy: Swarajya
10 May 2023

Steering the SCO

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India, as chair of the Shanghai Cooperation Organisation, hosted the foreign ministers’ meet in Goa last week. What would have been an important and expanding regional grouping has been complicated by the Russia-Ukraine crisis, the increased influence of China and an obstructionist Pakistan. Still, India has played its role with an eye on the long term.