Bangladesh: Frying Pan to Fire
Bangladesh’s economy has been in distress for some time and is not doing as well as assumed. This could have been one of the factors that drove the protests and the subsequent coup.
Bangladesh’s economy has been in distress for some time and is not doing as well as assumed. This could have been one of the factors that drove the protests and the subsequent coup.
China and India both give great importance to their neighbours – the former through its Friendly Neighbourhood policy, the latter through Neighbourhood First. Although China has been increasing its influence in the region, narratives that say that India is losing out to China lack in-depth analysis. To deduce the future trajectory of China in South Asia, it is important to study both China’s and India’s relations with each of these countries, as also with each other.
Over three years of civil war in Myanmar, and there is no end in sight. The country’s stakeholders are unable to de-escalate the conflict or reliably distribute aid to those affected. Friends, including India, must step in — not only to stop the fighting and alleviate the suffering, but to help facilitate a return to normalcy.
China’s world vision has entered its next phase. After the Belt and Road Initiative (BRI), come the Global Initiative on Data Security (GIDS) so Chinese tech standards can lead, Global Development Initiative (GDI) so China leads the development dialogue, and Global Security Initiative (GSI), so China’s security is ‘indivisible’ from other countries – all in time for China’s 2049 goal of becoming a global power.
Despite the current tense global atmosphere, India and its foreign policy have remained true to its core of peace and security for all and equity and justice for the developing world. Throughout history, dialogue and diplomacy has been supported as a solution to dispute. Now, as G20 President, New Delhi can sow these seeds of peace in an increasingly multipolar world.
The reference to India by Russian President Vladimir Putin at the Valdai Discussion Club may be interpreted as encouragement to New Delhi to use its good offices to nudge the warring sides to the negotiating table. Mediation is a big power game, and this may be the right time for India, at the cusp of the G20 Presidency, to start with a record of success
Indonesia has managed its G20 Presidency year by understanding the importance of not going it alone. This trading nation has used its deep regional and multilateral cooperative processes which provided trusted back-up and support at every step, and was book-ended by strong linkages and investment partnerships with Japan and Australia. In this, it has laid the groundwork for India’s 2023 presidency.
India will be president of the G20 in 2023. The world’s most influential economic governance body is facing an existential crisis, where the major powers have fallen out. With geopolitical currents redefining geo-economics, India needs to be ready to emerge as the chief global diplomat.
Pakistan’s latest economic survey reveals the extent of the country’s indebtedness to China. High-interest Chinese loans, reckless multilateral borrowing, and ever-increasing defence budgets have deleteriously impacted Pakistan’s finances. Any lasting solution to these problems will have to involve China.
The Indian elections 2019, being conducted over seven phases, reaffirm all the values electoral democracy stands for, but this time, it has also become a referendum on Prime Minister Modi and his Bharatiya Janata Party which had won a clear majority in 2014. Outcomes are therefore unpredictable