Courtesy: AP
Saudi Arabia has been the new centre for mediation between warring states and their sponsors. It reflects the shifting dynamics in an increasingly multipolar world and the redefinition of power structures. This role has extended to other Gulf states, which have strategically positioned themselves as neutral players, leveraging their strong relations with the great powers, and adopted culturally sensitive to consensus-building.
Courtesy: Oxford University Press
The India Middle-East Europe Economic Corridor (IMEC) announced during India’s G20 leaders’ summit in September 2023 aims at security and ease of connectivity by multi-modal physical, digital and energy corridors connecting India, UAE, Saudi Arabia, Israel, and Europe. Like many of the connectivity projects created around the world today, IMEC’s origins are 2,300 years old, ancient routes that connected the Indian Ocean to the Mediterranean Sea
Courtesy: WAM/ Shutterstock
The Gulf is increasing its diplomatic weightage globally. The maximum acceleration has been by the UAE, which is leveraging its advantages of economy, location, and connectivity to position itself as a key regional and geopolitical facilitator.
Courtesy: India Briefing
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.
Courtesy: Economic Times
India is stepping into a new era of free trade agreements in the midst of turbulent global waters that bring both risks and opportunities. A fragile global recovery can dampen demand for India’s goods, but it can also attract medium and high-tech manufacturing sectors leaving China, benefit from technology and skill transfer from abroad and lay a strong foundation for growth.
Courtesy: Reuters
The Ukraine crisis has sent the EU scrambling for new gas supplies, generating fresh interest in gas pipelines from Central Asia and West Asia via Turkey. Practical difficulties make most of these new projects unviable.
Courtesy: Twitter : Narendra Modi
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.
Courtesy: ISRO
The Quad has agreed to launch a satellite-based maritime security initiative to curb illegal fishing by China. India is a global leader in satellite launches, especially in Earth Observation (EO) satellites. The Indo-Pacific nations are looking at the Indian model because it is applicable, economical, and sustainable.
Courtesy: Mint
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.
Courtesy: TDB
Financial intermediaries are critical lubricants for business, growth and development. The Indo-Pacific countries are industrializing, but smaller nations lag behind economically. The Quad countries can aid the advancement of the financial architecture in the Indo-Pacific by helping to develop an ecosystem, modelled on the examples of Japan and India.