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India’s oil consumption and imports are likely to resume their upward trajectory as the economy opens up, after a temporary drop due to the pandemic. To secure its energy needs, the country should shift course from investing in oil and gas assets of emerging economies to those of developed nations. The oil-rich Organisation for Economic Co-operation and Development (OECD) countries, such as Canada, Norway, and the U.S. can be given special consideration.
Courtesy: Reuters
On 23 June 2021, Gateway House hosted the Interim Meeting of the Quad Economy and Technology Task Force. Lisa Curtis and Surjit Bhalla, co-chairs of the task force, explain how the Quad can scale up economic and technological collaboration and pool resources to counter Beijing’s plans to dominate supply chains and global tech.
Courtesy: www.mmindia.co.in
India’s space reforms have the potential to boost India-Taiwan space relations beyond the pure scientific domain. The two countries have the potential for collaboration between space start-ups, joint ventures, investments, and technology and infrastructure-sharing. This article highlights the scope for India to establish Track 1.5 and Track 2 space diplomacy with Taiwan.
Courtesy: www.mapsofindia.com
Africa is a foreign policy priority for India, but evidence shows a recent decline in bilateral trade and investment. There is already a "third scramble" for geopolitical influence in Africa. Now is the time for India to make new commitments in the continent: developing and deepening links in health, space and digital technologies.
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India and Taiwan face a common cyber threat from China – an extension of their respective territorial disputes with Beijing. This makes it essential for New Delhi and Taipei to initiate informal cybersecurity cooperation. They can begin by focusing on cyberattack attribution, critical infrastructure protection and cyber hygiene.
Courtesy: PTI
Incidents such as the recent ONGC barge disaster underline the absence of effective class action suits in India. Tougher action on neglect and liability is vital to assure safety, prevention measures and minimise incidents of negligence. How can India move in the direction of accountability to make it a better abode for employment and business?
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The idea of a U.S.-India-Israel trilateral cooperation is not unknown, but rather unfulfilled. Diaspora associations have repeatedly raised the idea of a technology triangle amongst the three countries, and in 2020, the three countries explored a potential cooperation in 5G communication technology. On these terms, taking advantage of the bilateral synergies and establishing a start-up corridor between Tel Aviv, Silicon Valley, and Bengaluru, can launch this partnership.
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The Quad countries are preparing for an autumn summit in Washington, which will provide an opportunity to discuss multilateral cooperation in various sectors. Four dimensions which merit closer attention and are crucial to the group's future are the Indo-Pacific strategies of European countries and the EU, partnerships with ASEAN and its members, closer India-U.S. ties and maritime security issues in the Pacific.
Courtesy: Twitter | @ColPipe
The ransomware attack on Colonial Pipeline in the U.S. has underlined the importance of cyber security in critical infrastructure. India has not escaped the brunt of a recent global surge in cyber attacks. Though New Delhi has taken steps to protect critical infrastructure, problems in information sharing of threat vulnerabilities impede an effective response.
Courtesy: Hindustan Times
As China gains ground in a global competition across the military, economic, diplomatic, and technological domains, the Quadrilateral Security Dialogue (Quad) made up of Australia, India, Japan, and the US is finally finding its footing.