The role of the emerging economies of Africa was discussed at the recent summit of the African Union. Africa’s resources are crucial to fuel such economic powerhouses as India, Brazil and China, and India must accelerate its trade and aid relationship with the continent.
The Indian Supreme Court’s verdict in the Novartis case over patent rights has opened up the debate on intellectual property rights (IPR) in India, and globally. Gateway House interviews Narendra Sabharwal, Chair, IPR Committee, FICCI, to discuss the role of IPR and public health concerns in emerging economies.
This daily column includes Gateway House’s Badi Soch – big thought – of the day’s foreign policy events. Today’s focus is on Platts which is under investigation by the EU for allegedly manipulating crude oil prices.
Negotiations for the India-EU Free Trade Agreement, which began in 2007, have yet to conclude. Deepak Rao blogs about the factors delaying the process, and the implications of the agreement on different sectors of the economy.
In 1990, the erstwhile South Commission recommended the creation of a 'South Bank' to aid the economic emancipation of the global South. Can the BRICS bank, which was discussed in length at the 5th BRICS Summit, provide a solution to the problems of the crisis-ridden African continent? Devaki Jain blogs
Indian foreign policy has not yet addressed the ramifications of Chinese economic dominance in BRICS. Nor have we matched China’s engagement within the group to ensure that the BRICS vision of a new international order for emerging economies actually works in their favour.
At the 5th BRICS Summit that begins in South Africa today, the heads of state of Brazil, Russia, India, China and South Africa are expected to ratify the creation of the BRICS Bank. After discussion and study for over a year by the respective governments, the bank will be launched with seed money estimated at between $50 billion to $100 billion, and most likely an equal share of voting rights for the management of the bank. What remains
The establishment of a BRICS Development Bank will be among the prime topics of discussion at the BRICS Summit on March 26. Gateway House’s Akshay Mathur interviews former Indian Ambassador and Foreign Secretary, Shyam Saran, on the prospects and viability of alternate financial architectures.
The recent allegations of corruption against the sale of AgustaWestland helicopters has renewed serious concerns on foreign defence acquisition in India. The larger question is this: to what extent does corruption really affect national security? Aakash Brahmachari blogs.
The steps taken by the Indian government to enable private sector involvement in ASEAN have been hesitant. After the recent ASEAN summit in New Delhi, it is time for greater coordination of Indian private industry with government-to-government interaction, which will benefit all members, including India.