Courtesy: President of Russia-Events website
Europe has reduced its reliance on Russian gas following the war in Ukraine, and its chief supplier Russia is mired in western sanctions. What does it mean for Russia? It has certainly changed the fortunes for American gas to be sold to Europe: as of 2023, the US had become the world’s top exporter of gas.
Courtesy:
The authors convincingly analyse the bewildering diversity, size and scale of the challenges of South Asia in a volume that is a rare treasure for those interested in deciphering the history, ethnic identities, colonial legacy, political economy, environmental risks, and geopolitical dynamics of the region.
Courtesy: The Indian Express
At the meeting of the Shanghai Cooperation Organisation (SCO) on October 26, Foreign Minister S. Jaishankar stressed the importance of maintaining regional stability and enhancing economic cooperation in Central Asia. Achieving its economic and strategic objectives in the SCO will become a challenge for Indian diplomacy next year, when Pakistan takes on the chairmanship of the grouping.
Courtesy: The Week
To qualify for the IMF’s latest bailout, Pakistan has had to share accurate information on its economy including its debt to China. This confirms the speculation of Pakistan’s gigantic indebtedness to China.
Courtesy: India Today
The Shanghai Cooperation Organisation's growing importance is seen in the numerous new applicants waiting in line for membership. The 23rd SCO Summit hosted by India on July 4 saw progress in areas like digital transformation and economic cooperation. However, timidity in acting on foundational issues like anti-terrorism reflects the internal contradictions and tensions within member states - a continuing challenge for SCO.
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: Reuters
2023 brings responsibility and opportunity for India. As the host of the G20 and the Shanghai Cooperation Organization, the world will be watching closely. With this authority, comes challenges encapsulated by five C’s: Covid, Contraction, Climate crisis, Conflict and China. If India is able to use its opportunity, the year could end with India viewed as a near-great power, an international bridge-builder, and a successful democracy.
Courtesy: Iran Press News Agency
The relevance of the Shanghai Cooperation Organisation has increased due to the clear divisions developing in the world, since the Ukraine crisis began. Several leaders will probably attend in-person, a chance to advance their regional and economic interests. India has good relations with most SCO countries, and sees the upcoming Summit as a way to secure its strategic and security objectives.
Courtesy: Ministry of Foreign Affairs, Kazakhstan
The SCO foreign ministers met in Tashkent in July to plan for the all-important SCO summit in September. New additions and old issues remain, but the SCO is now growing into a significant grouping, with importance to India
Courtesy: iStock Images
Holding one of the G20 meetings in Jammu and Kashmir is a bold, audacious and timely move. It is possible because of the ceasefire along the Line of Control which has been holding since February 25, 2021. The new geopolitical setting offers India an opportunity to diplomatically disdain the Chinese, camping not too far away in the un-demarcated border areas with India.