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 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
'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.
A major upcoming international conference on the Blue Economy in Nairobi in November will focus on the impracticalities of pursuing any one goal – such as sustainability – to the exclusion of business. In fact, the many interests at stake need not be in conflict with one another, to realize the goal of a true blue economy, in which business must have a significant stake.
Ten years after the global financial crisis, some reform has come about. To further transparency, the Legal Entity Identifier (LEI), proposed by the G20, is a code used to identify the parties that participate in financial transactions around the world. While its benefits and applications are abundant and will reduce systemic vulnerability, its global implementation is complex and slow. This primer shows why – and also why the LEI should be urgently and widely adopted
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.
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.
The notion of the oceans and seas as a global common is under severe test. National and regional interests are winning over the urgency to maintain their well being while competition to exploit the many commercial opportunities they present is ever increasing. The task at hand is to stop ocean decline – and India can play a transformative role in this
On the face of it, these digital or virtual currencies seem to be a brave new way to transact business or make an investment, but they also have inherent risks. A T20 proposal is seeking that the G20 devise a regulatory framework that places them on a level playing field with other financial instruments