Courtesy: Ministry of External Affairs, India
In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month
Courtesy: Prime Minister's Office, India
The current political, strategic and economic scenarios, both regionally and internationally, present immense potential for India and Kazakhstan to enhance their engagement, qualitatively and quantitatively. Why must New Delhi and Astana forge stronger and deeper relations with each other?
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In recent years, U.S. oil and gas imports have declined due to the development of shale resources in the country. How will the production of shale oil, increase in oil production by non-OPEC countries, supply disruptions in West Asia and economic growth in India and China impact global crude oil prices?
Courtesy: Berardo62/Flickr
India’s oil imports from Latin America increased from 4.5% in 2003 to 11% in 2012-13. This marks a diversification in India’s energy policy. With Latin America’s surplus energy production and discoveries in off-shore oil fields, India must further consolidate its oil trade with the region
Courtesy: millerm217/Flickr
India’s extreme dependence on imported energy often renders our economy vulnerable in the face of geopolitical changes. Given the high financial viability, India, being the world’s second-largest producer of sugarcane, should emulate Brazil by replacing petrol with ethanol as fuel.
Courtesy: Justin Woolford/Flickr
India’s ability to meet its growing gas demand from shale depends on the availability of land and water, and minimising social and environmental costs. The government’s 2012 draft shale gas policy does not offer solutions. How can India create a stable investment environment for the shale gas market?
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Brazil, despite the presence of good leadership, several consistent and successful development programs, and recording their lowest unemployment rate, witnessed widespread protests this June – triggers for which weren't conventional. What are the Brazilians protesting against, and what does it indicate?
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In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
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Policy Perspectives from Gateway House give an overview of a global issue that has implications for India’s policy-making and business community. This edition examines the implications of shale gas for India's energy scenario
Courtesy: Penn State Outreach/Flickr
The significant shale gas deposits held by several countries, including India, have implications for global energy prices, geopolitics and climate change. But India needs to develop a strong shale gas policy that can help in lowering its trade deficit while ensuring sustainable development.