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.
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?
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
With India backing the United Nations resolution against Sri Lanka, New Delhi-Colombo relations appear to be in a tense phase. Gateway House interviews Prasad Kariyawasam, the High Commissioner of Sri Lanka to India, to discuss the implications of the UNHRC vote and the future of India-Sri Lanka relations.
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?
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 experience between the people of Myanmar’s Chin Hills and of Mizoram’s Lushai Hills shows that increased cross-border interaction has influenced the economic situation on both sides of the border. Sanjay Pulipaka blogs about the challenges and opportunities that come with increased exchanges across the border.
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.