Courtesy: Foreign Policy
Last week, an African peace delegation travelled to Kyiv and Moscow, presenting them with a 10-point plan for peace. While the plan received mixed reactions, the African initiative was a courageous step towards peace. The effort coincides with India proposing the AU join the G20, and South Africa’s entry into the troika of G20 presidencies next year.
India's proposal to invite the African Union as a full member of the G20 comes three months before the Leaders’ Summit. The AU’s entry will make the grouping more representative and inclusive, thereby enhancing its moral credibility. For its part, the AU’S economic potential and mineral wealth can have a positive impact on decisions of global importance.
Courtesy: Shutterstock
India’s year-long G20 Presidency completed six months at a time of global economic slowdown and sharpening geopolitical contestation. While India has done well in leveraging the Presidency to articulate its vital goals, the success of the upcoming Delhi Summit will depend on achieving consensus, additionality, and implementability.
Courtesy: OpIndia
Why Pakistan won’t deal with the IMF even in the face of hardship and a shrinking economy reveals something - that its military and civil elites refuse to curtail their rapacious behaviour, even at the cost of their country’s peril.
Courtesy: Hey Tripster
Türkiye has seen steady development under the leadership of Recep Erdoğan despite domestic and international crises and a difficult neighbourhood. It now has a solid middle class that has voted Erdoğan back as President.
Courtesy: The Strategist
Despite its natural advantages, the Bay of Bengal region lags economically, in part due to insufficient connectivity between the member nations. Improving financial connectivity between them is the first step to easing movement of goods, services and people. Greater financial collaboration also can help the region mitigate the impact of ongoing geopolitical upheavals that have caused food and energy prices to rise.
Courtesy: T20 India
Digital services innovation has contributed to inclusive global trade and development. However, governance regimes around digital regulation are still fledgling. This Policy Brief makes recommendations to boost implementation of digital regulatory good practices for interoperability and development of the required governance.
Courtesy: Takshashila Foundation
On May 30, Rajiv Bhatia, Distinguished Fellow for Foreign Policy Studies, Gateway House, and Chair of the FICCI Task Force on Blue Economy spoke with Carl Jaison at the Takshashila Institution on India’s national efforts to harness the Blue Economy sectors. They discussed it the draft National Policy on Blue Economy developed by the NITI Aayong, the role of the private sector, the opportunities and challenges in the key and allied sectors, and potential areas of collaboration for the G20 countries.
Courtesy: Asia Times
After many early achievements, BRICS is now in gridlock, made worse by the COVID-19 pandemic, India-China border tensions, and the Ukraine conflict. Despite its apparent diplomatic bankruptcy, 19 countries across Africa, Asia, and Latin America are eagerly waiting in line to join the grouping.
Courtesy: Reuters
India’s South Asian neighbours have all seen sharp currency devaluations since early 2022. These are a result of maintaining artificially strong exchange rates, made possible by remittances from migrant workers. However, by postponing the inevitable devaluations, these states have made their economic crises much worse.