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Sanctions are an important foreign policy tool, used especially by the West against its adversaries. Now, these rivals are retaliating with counter-sanctions. Are these effective? How does this impact global politics? Where does India stand in this free-for-all sanctions era?
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On 30 July 2021, Lisa Curtis and Surjit Bhalla, co-chairs of the Gateway House Quad Economy and Technology Task Force, spoke to CNBC-TV-18 on the various channels of cooperation between the Quad countries in technology, supply chains and undersea cables, and the need to counter China's dominance in the Indo-Pacific.
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Three senior U.S. officials visited Asia in July in a well-choreographed diplomatic outreach strategy by the Biden administration. The U.S is willing to prioritise the Indo-Pacific and counter China. Asia cannot afford to be a reticent bystander.
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Taiwan was one of the few countries to successfully contain COVID-19 during the pandemic. But China's influence led to Taiwan losing its observer status in the World Health Assembly (WHA), the WHO's decision-making body, in 2017, preventing learnings from Taiwan to be implemented. The G7 and Japan have already backed Taiwan’s reinstatement. India can use its chairmanship of the WHA to rally more support and change the status quo.
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On 15 July, Gateway House co-hosted a webcast with Konrad-Adenauer-Stiftung (KAS) on 'Countering China’s Maritime Grey Zone Activities'. The panel discussed the potential strategies that smaller nations in the region can adopt to overcome the challenges of Chinese maritime grey zone activities, and the role of regional maritime powers in capability-building of maritime law enforcement agencies.
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For years, Western countries have used sanctions as a means of economic warfare against their adversaries. Now, China and Russia are utilising the same tactic against the West. The United Nations Security Council is paralysed by differences between the five permanent members, leaving the tools of unilateral sanctions and counter-sanctions to proliferate at the cost of UN-approved multilateral sanctions.
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India’s oil consumption and imports are likely to resume their upward trajectory as the economy opens up, after a temporary drop due to the pandemic. To secure its energy needs, the country should shift course from investing in oil and gas assets of emerging economies to those of developed nations. The oil-rich Organisation for Economic Co-operation and Development (OECD) countries, such as Canada, Norway, and the U.S. can be given special consideration.
Courtesy: Nepal Institute for International Cooperation and Engagement
On 27 June 2021, Ambassador Rajiv Bhatia, Distinguished Fellow, Gateway House, chaired a session on Revitalizing SAARC and BIMSTEC. This was part of the Global Conclave 2021, hosted by the Nepal Institute for International Cooperation and Engagement (NIICE), Kathmandu. Bhatia spoke about the present state, past trajectory and future challenges and opportunities for regional and sub-regional cooperation through SAARC and BIMSTEC.
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The idea of a U.S.-India-Israel trilateral cooperation is not unknown, but rather unfulfilled. Diaspora associations have repeatedly raised the idea of a technology triangle amongst the three countries, and in 2020, the three countries explored a potential cooperation in 5G communication technology. On these terms, taking advantage of the bilateral synergies and establishing a start-up corridor between Tel Aviv, Silicon Valley, and Bengaluru, can launch this partnership.
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The Quad countries are preparing for an autumn summit in Washington, which will provide an opportunity to discuss multilateral cooperation in various sectors. Four dimensions which merit closer attention and are crucial to the group's future are the Indo-Pacific strategies of European countries and the EU, partnerships with ASEAN and its members, closer India-U.S. ties and maritime security issues in the Pacific.