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.
Courtesy: Gateway House
Multilateral funding can aid regional financial connectivity between the Bay of Bengal states, where financial networks are scarce. India's successful fintech can be mobilised to create a local ecosystem of startups with better access to funds and strong ties to the Indian market.
Courtesy: Routledge India
Nearly two decades since the launch of the India Development Initiative, India-Africa relations have evolved. This book by Rajiv Bhatia, a former high-ranking IFS officer, takes a deep dive into Indo-African engagement. Bhatia outlines the history and presents concise yet informative capsules of India's relationship with individual African countries. It is a useful roadmap for companies looking to do business there.
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: Gateway House
The Indo-Pacific has become an important part of global geopolitics in the recent past, with several great powers implementing concerted Indo-Pacific policies to create economic, social and security linkages with the region. India can use its development experience and futuristic technology to secure stability and prosperity. This compendium of essays explores the comprehensive role that India can play in the Indo-Pacific, from energy and environment, to trade, security, technology and a vibrant diaspora.
Courtesy: ANI
India hosted a summit with five Central Asian states on January 27, marking 30 years of diplomatic relations with the region, and an important step forward to pursue greater connectivity between India and Central Asia. New Delhi's engagement holds promise for ambitious bilateral agendas including security in Afghanistan, the revival of dormant projects, and potential collaboration in renewable energy, space and information technology.
Courtesy: UNODC
The Taliban's resurgence since 2001 has been largely funded by the creation of an opium economy and extortion. Now, with the withdrawal of U.S. troops, legitimate aid from Afghanistan and the freezing of Afghan funds abroad, the Taliban will revive its informal sources of finance to stay afloat. A look at the financing that brought the Taliban back to Kabul.
Courtesy: Blaise Fernandes
Geographical Indication (GI) tags denote a good's specific physical origin. These are potential revenue-generators for India. Combining government support with its e-commerce network, India can empower MSMEs and women-led cottage industries to compete with large companies by building a strong GI ecosystem. The Make in India initiative and GI can together provide an impetus to social and economic growth in India.
Courtesy: Reuters
Falling birth rates have become a concern for the Chinese regime. Add to it a shrinking external footprint, diminishing prospects for new foreign capital and domestic economic trouble in the tech and real estate sector, and China's vulnerabilities are clear. This signals danger for China's neighbours.
Courtesy: Druk Green Power Ltd
The Bay of Bengal is gaining relevance as a significant sub-region within the Indo-Pacific. Despite its importance to regional security, there is inadequate financial, physical, and energy connectivity. India must use its strategic and political pre-eminence and influence in the sub-region to pursue deeper connectivity with Bangladesh, Myanmar, Thailand, Nepal, and Sri Lanka and to block China's growing influence.