Indian and Chinese companies routinely bid against each other in their quest to secure oilfields and other resource pools resulting in rising prices. However, a preferable recourse would be for the nations, along with ASEAN, to collaborate as there is enough for all
Two years ago, during the Arab Spring uprisings in several West Asian nations, youth and pro-democracy movements flared up on the Persian Gulf island of Bahrain. In light of these events, this paper assesses how Bahrain’s policies toward its Shia constituency have affected relations between Sunni and Shia groups.
Subsequent to the global financial crises of 2007, while several countries were still struggling with economic problems, Latvia managed to dramatically decrease its public debt, and its GDP too grew at an impressive pace. How was this success achieved and at what cost to the people of the country?
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
New Delhi has taken some opportunistic actions, such as its vote against Sri Lanka in the UN Human Rights Council, to pacify internal political demands. But these extract a price in the international arena. Should we anticipate a further decline in India’s regional and international credibility?
Since 2002, a large amount of U.S. funds flowing into Afghanistan has been diverted to the Taliban by local strongmen, resulting in a continued presence of the militia. The challenge post-2014 will be to reverse the West’s top-down strategy, creating a grassroots-driven incentive for peace and development.
India’s relations with Islamic nations, many of which are members of the Organisation of Islamic Cooperation (OIC), have become even more prolific over the last decade. While India does not visualise becoming a member of a religious international body, many reasons militate against our formally joining the OIC.
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.
The year 2012 has been a busy one for foreign policy: from escalating disputes in the South China Sea to alternate financial instruments from the emerging world. India’s foreign policy too has its shown strengths and weaknesses. We present our top foreign policy Hotspots, Sweet spots and Blind spots for 2012.