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The OPEC’s proposed cut in oil production earlier this week may not enable the energy market to recover. Recovery is likely only after COVID-19 is brought under control, but there are ways India can capitalise on the current low oil prices for its own energy security
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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India should stop looking at Afghanistan through the Pakistan prism and be a major contributor in the development of peace and prosperity in the country
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U.S. President Donald Trump's recent visit to India gave a boost to bilateral energy ties. To really benefit, India’s state-owned oil companies should consider investing in U.S. shale oil. The U.S. is politically and economically stable and investors are not subject to arbitrary action. Indian companies should only be financial investors, not operators of assets, and bet on companies with manageable debt and efficient operations rather than short-term winners
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The signing of an agreement between the U.S. and the Taliban on February 29 may result in the withdrawal of U.S. troops from Afghanistan, which is contingent upon the Taliban’s adherence to certain conditions. The end of the West’s 19-year-long Afghan campaign – if Pakistan does not turn spoiler – is of vital interest to India
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President Jair Bolsonaro’s visit to India in January helped correct the view that India-Brazil ties belong more in a multilateral forum. The accent this time was on the two countries’ congruence of interests amidst the current climate of geopolitical uncertainty and complex multipolarity and the scope for enhanced cooperation in four focus areas
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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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U.S. President Donald Trump’s first presidential visit to India later this month bodes well for bilateral relations. It is a continuing foreign policy success story for the two countries extending through four U.S. administrations and three Indian ones. A curtain raiser on what to expect.
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The U.S.-China Trade Agreement, concluded on 15 January 2020, was the result of a trade war. It is limited to agriculture, mainly, and select service sectors of American interest, with provisions designed to prevent imbalances and distortions
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This year marks the completion of 70 years of diplomatic relations between India and Mexico – but the full potential of this bilateral relationship has not been explored. Mexico exports oil to India, and hosts facilities of the Indian auto, IT and pharma sectors. There are three profitable reasons to intensify the bilateral, fulfilling both the diplomatic and business agenda