A futuristic agenda for India & Canada
India can draw Canada in a new direction – away from its trans-Atlantic fixation, into the Indo-Pacific and a tech and resources partnership that will benefit both democracies
India can draw Canada in a new direction – away from its trans-Atlantic fixation, into the Indo-Pacific and a tech and resources partnership that will benefit both democracies
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
The United States, Europe and the Asia Pacific today form Canada’s tripartite foreign policy priorities. The ASEAN is its sixth largest partner, which was not so 20 years ago, but economic engagement with India – still small, compared to China and Japan – has scope to grow
America’s withdrawal from a Cold War arms control agreement seems to be dictated by China’s development and deployment of thousands of short and medium range ballistic missiles.
'Strategic OFDI’ is outward foreign direct investment made by nations in their strategic interests. China leads the way, but the U.S. has also just announced a new agency for strategic OFDI. It will now gain increasing salience in global foreign policy.
Basing the global oil trade on the Yuan instead of the U.S. Dollar is one leg of China’s bid to convert its currency into the international reserve currency, replacing the dollar-dominated global financial architecture. But many factors impede the Yuan from reaching the maturity required for its global adoption.
Economist Surjit S. Bhalla, who sits on the Prime Minister’s Economic Advisory Council, says all currencies, not just the rupee, have fallen against the U.S. dollar. Speaking to Gateway House’s Manjeet Kripalani, he elaborates on some diplomatic and domestic tools to stem the fall, even in an election year
India and Brunei have a 34-year-old diplomatic relationship; but as yet no Indian president or prime minister has paid the country a bilateral visit to strengthen these ties. The strategically-located nation is rich in its history, with a unique political system. Its foreign policy approach is non-controversial, yet noticeably pragmatic.
America is increasingly using sanctions as a geopolitical tool against its rivals, Russia, Iran and Venezuela. These countries are important partners for India, which needs to find ways around unilateral American sanctions.
Since Independence, India has been consumed by its domestic priorities. Now, with increasing integration with the world and a huge stake in global stability, it is time to focus on the global commons. India has a seat on the hightable to design and shape the rules for the governance of the global commons. In this special Independence Day Briefing, Gateway House examines India’s engagement with four global commons – technology, outer space, cyber and the oceans – and makes recommendations on how best they can be governed for our collective future.