Courtesy: X / PMOIndia
The India-Maldives bilateral, so fraught till recently, has seen a positive reset. This was evident in Prime Minister Narendra Modi’s July 25-26 visit to Male. Using patience, quiet diplomacy and a consultative process with the Maldivians, India is now on the path to achieving its bilateral and regional goals in tandem with its strategically critical neighbour in the Indian Ocean.
Courtesy: Gateway House
All eyes are on the July 25-26 visit of Prime Minister Modi to Maldives as chief guest for the Maldivian Independence Day celebrations. It’s a remarkable turnaround by Maldivian President Mohamed Muizzu, who won the 2023 election on an “India Out” campaign. What caused the change? Proximity and geopolitics, says Rajiv Bhatia transformed Maldivian view.
Courtesy: Gateway House
A slowdown of the Chinese economy, and the shift, particularly by MNCs, from China to other more competitive locations has opened up business opportunities for latecomers to supply chains in the developing world. Evidence suggests that Southeast Asia and some South Asian countries like India, Sri Lanka, Bangladesh, could be beneficiaries of the supply chain shift, particularly in labour-intensive segments.
Courtesy: Gateway House
Geopolitics is increasingly intertwined with the economic destiny of South Asia. Even before the U.S. tariffs were rolled out, growing polycrises had hit the global economy, which has been struggling since the pandemic. South Asia seems a relatively bright spark of regional trade and growth. This paper analyses South Asia’s trade architecture in the backdrop of a sluggish world economy in the 2020s, and makes recommendations for closer regional economic integration.
Courtesy:
A decade after its launch, China’s Belt and Road Initiative has slowed down in South Asia, the result of poorly conceived projects, and irresponsible behavior from borrower and lender alike.
Courtesy: Reuters
The International Monetary Fund’s recent warning of a slowing global trade comes as a sign for South Asia to reassess its regional trade within the continent. India, in its year of G20 Presidency and as South Asia’s largest economy, can use its platform to lead the way via dialogue, capacity building, and regulatory policies to encourage open regionalism in Asia.
Courtesy: BIMSTEC
BIMSTEC is of special importance to India as it is a crucial link between the Neighbourhood First and Act East policies. This almost 25 year old multilateral can contribute to the Indo-Pacific region by addressing challenges in strategic areas of regional connectivity, security cooperation, free trade, and geoeconomic ties with external partners.
Courtesy: Ministry of External Affairs, Government of India
Saurabh Kumar, Secretary (East), Ministry of External Affairs, Government of India, delivered the keynote address at the panel discussion on India in the Indo-Pacific: Pursuing Prosperity and Security, organised by Gateway House and the U.S. Embassy, New Delhi, on 1 February 2022. He outlined India's vision for a free and inclusive Indo-Pacific, and the initiatives undertaken to further cooperation among nations in the region.
Courtesy: MEA Flickr
The current political unrest in Sri Lanka and coups in Maldives and Zimbabwe bear a Chinese imprint. China’s use of strong-arm tactics smacks of the very behaviour that it had earlier criticised in former colonial powers
India and the world have watched China’s growing investment in Asia and beyond with a mix of awe and apprehension. The unprecedented scale of these investments are reshaping political arrangements around South Asia.
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