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In July 2020, Germany takes over as President of the European Union. It’s a fraught time to lead the union which has been slow to react to COVID-19 and needs a new direction. With the pandemic, the U.S.- China stand-off, and a global economic crisis – Chancellor, Angela Merkel has her work cut out.
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Globalisation has resulted in the interdependence of nations through the largely unimpeded transmission of investment capital and information, and integrated business operations. The leading beneficiaries have been the global 1%, and China. While it is too late and not possible to roll back an interconnected world order, globalization as we know it will recede, as will China’s standing in the world.
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The G20 will prove vital in maintaining economic balance in the post-COVID world. The strains are many, but like the financial crisis of 2008, this could be a defining moment for its members to exercise delicate diplomacy to combat the challenges of COVID-19.
Courtesy: Gateway House
In this webcast, we discuss India's Diplomacy during the COVID-19 pandemic with David Rasquinha, Managing Director, Exim Bank, Amb. Rajiv Bhatia, Distinguished Fellow, Foreign Policy Studies Programme, Gateway House and Nayanima Basu, ThePrint.
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The COVID19 crisis has thrown into stark relief the strategic influence China wields across various agencies of the United Nations, especially the WHO. This raises the question - will the UN, as an important supra-governmental body, be able retain impartiality in the post-covid world order?
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The first-ever virtual summit of leaders from member-states of the South Asian Association for Regional Cooperation on March 15 was an innovative exercise in showing solidarity in containing a pandemic. Here is an assessment of its tangible outcomes – and longer-term ways to prepare for SAARC’s revival
Courtesy: Ministry of External Affairs
COVID-19 unified G20 leaders at an extraordinary summit last week. An idea given a nudge by Prime Minister Narendra Modi, here was an opportunity for all participants to put together a plan and make a pledge for international cooperation, focusing on four main themes. Next, will they be able to turn words into action?
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South Asia’s speedy economic development depends on the level of integration between countries in the region. The South Asian Association for Regional Cooperation (SAARC) and the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) have lost their momentum. But both platforms have their uses and can be revived creatively
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The upcoming Financial Action Task Force (FATF) plenary session 16-21 February will be crucial for both Pakistan and Iran as the anti-money laundering and anti-terrorist financing measures undertaken by the two countries will be reviewed by the 39 member states of the FATF. Decisions will be taken on their retention or removal from the grey list and black list respectively
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The global balance of power is in the process of a fundamental shift. The West appears fixated on China, which is both a “systemic rival” and a strategic partner to be cultivated. Europe now needs to choose between the values it shares with India and commercial profitability from China