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Bangladesh’s economy has been in distress for some time and is not doing as well as assumed. This could have been one of the factors that drove the protests and the subsequent coup.
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The Quad foreign ministers meeting, held in Tokyo on July 29, took a clear position against China’s coercive actions in the East and South China seas. The four ministers have done their bit by reviewing the progress of the grouping’s many initiatives and reiterating its commitment to a free and open Indo-Pacific. For continued progress, the Quad now needs solid initiative from the top leadership – and a summit at the earliest.
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China and India both give great importance to their neighbours – the former through its Friendly Neighbourhood policy, the latter through Neighbourhood First. Although China has been increasing its influence in the region, narratives that say that India is losing out to China lack in-depth analysis. To deduce the future trajectory of China in South Asia, it is important to study both China’s and India’s relations with each of these countries, as also with each other.
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The 22nd India-Russia summit, held in Moscow on July 9 during Prime Minister Modi’s official visit, focused on expanding bilateral economic, energy, cultural and defense cooperation. It indicates the two nations’ commitment to adding substance and new momentum to their relationship. The long-delayed summit, which coincided with the NATO summit in Washington, should be viewed through the wider lens of a multipolar world.
Courtesy: Hindustan Times
Since the military coup in 2021, fighting continues unabated in several parts of Myanmar, including the strategically important Rakhine state. The country’s internal problems can't be solved by the Myanmarese people alone. Experts in ASEAN and Myanmar's neighbours should be given the chance to offer solutions driven by their understanding of the history, national identity, diversity, challenges and potential of this country.
Courtesy: Realty Plus
The Golden Visa, an investment-for-residence offered by 100 countries, is a status symbol for the wealthy and their investments. Now governments are discovering it is also a safe hideout for tax evaders and money launderers, and several countries that offer it are no longer as attractive to live in. High net worth Indians who have enjoyed the status, may be better off investing at home in GIFT City.
Courtesy: CGTN
China’s hostile actions in the East and South China Seas have led to a deepening of naval partnerships within the Indo-Pacific such as the U.S., Japan, Philippines, Australia and South Korea. As crises in West Asia escalate and the strategic contest between the U.S. and China hardens in the Pacific Ocean, India – placed strategically in the Indo-Pacific – can’t neglect either the west nor east.
Courtesy: The Indian Express
Over three years of civil war in Myanmar, and there is no end in sight. The country’s stakeholders are unable to de-escalate the conflict or reliably distribute aid to those affected. Friends, including India, must step in — not only to stop the fighting and alleviate the suffering, but to help facilitate a return to normalcy.
Courtesy: Global Times
China’s world vision has entered its next phase. After the Belt and Road Initiative (BRI), come the Global Initiative on Data Security (GIDS) so Chinese tech standards can lead, Global Development Initiative (GDI) so China leads the development dialogue, and Global Security Initiative (GSI), so China’s security is ‘indivisible’ from other countries – all in time for China’s 2049 goal of becoming a global power.
Courtesy: Heinrich-Boll-Stiftung
India’s G20 presidency was effective in insulating the forum from geopolitical turbulence and placing the spotlight on the Global South. Although the G20 stands strengthened today due to India’s creative and forward-looking presidency, member nations confronting inter-state contestations, domestic elections and concurrent economic crises in the coming year will have to muster the political will to ensure a sustained commitment to the grouping's promises.