Courtesy: The Wire
China has launched the One Belt, One Road (OBOR) Initiative in an attempt to rebuild the ancient Silk Road with proposed land and sea routes to promote infrastructure, trade, and investment in the regions that it will thus connect. The challenge will be to attract private financing to support the official and multilateral ones
Courtesy: MEA/Flickr
The West Asian monarchies are being forced to ‘look East’ due to a range of factors: the rise of the Islamic State, their need to boost falling oil revenues and doubts about the United States continuing to remain a guarantor of regional stability. Quite coterminously, India is looking towards the Gulf for energy security besides fulfilling other geostrategic goals: this is an ‘East’ and ‘West’ where the ‘twain will meet
Courtesy: Wikipedia
Trump’s cabinet has a preponderance of China hardliners, which has wider implications for the Asia Pacific region while some of its members view Narendra Modi as Reaganesque and a man of the times
Courtesy: Flickr/ResoluteSupportMedia
The Russians have concluded that the Afghan Taliban offer a better shield against the Islamic State than the old Northern Alliance. A negotiated settlement in Afghanistan could be achieved if Washington and New Delhi join Moscow, Beijing, Islamabad and Tehran in a joint effort.
Courtesy: MEA/flickr
The year 2017 may change some equations in the East Asian region. Will the near parity that the U.S. and China currently share turn into a keener contest? Will strained relations between India and China persist? Donald Trump’s election as the next U.S. president casts the spotlight squarely on these inter-state relationships
Courtesy: The Economist
India may be less dependent on the Chinese market than some other countries in the region, but it too wants Chinese investment—and this ambivalence has been evident in India’s varying approach to the AIIB and OBOR. To balance this dilemma in an increasingly complex Asia, India must work with others, in particular with European countries
Courtesy: United States Trade Representative
Amid the debate of a U.S.-centric TPP template or a China-led RCEP model, it is important to consider if such trade agreements are building blocks or stumbling blocks to global free trade. With the passage of the TPP still uncertain in the U.S. Congress, and the RCEP unlikely to be acceptable to the U.S., the more likely global trade scenario will be fragmentation
Courtesy: U.S. Navy / Wikipedia
Philippine President Rodrigo Duterte has sought to sever ties with the United States, a declaration that has elicited much skepticism. The West Pacific is in for some realigning of relationships if he makes good on this threat.
Courtesy: MEA India / Flickr
Perhaps South Block did not gain as much as it had hoped to: there was a gulf in member states’ perceptions. One takeaway, therefore, for policy makers was that while noise has its uses, it is now time for some quiet diplomacy
Courtesy: Dr. Jehangir Sorabjee
The recent inauguration of the New Development Bank in Shanghai has made that city a focal point of international financial transactions between the five BRICS countries. This occasions revisiting some of the ways in which Bombay has been historically linked to it