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The first in-person Quad Leader's Summit drew global attention for its symbolism and substance. A critical analysis of its outcome shows that the institutionalisation of the organisation has begun. India has a chance to work with the advanced economies, on an equal footing and with much to contribute.
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On September 24, the Quad leaders will attend the first in-person summit of the grouping in Washington DC. There is much to discuss for the four leaders, given recent developments: the Taliban takeover of Afghanistan, the Australia-UK-US (AUKUS) security partnership and the EU's new Indo-Pacific strategy. The Quad also needs to focus on long term goals like institutionalising itself and devising a strategy to counter the China challenge.
Courtesy: Toyota
In June this year, the Japan Aerospace Exploration Agency collaborated with Honda Research to build an energy system for surface mobility on the moon. SpaceX and Mitsubishi Heavy Industries, Tesla and Mitsubishi Motors have similar alliances, reflecting the increased participation of the automotive sector in the space economy. Tokyo wants its biggest export, automobiles, to pick up stakes in this space. India should have a similar ambition. The May 2020 space reforms recognise the significance of commercialising the space sector. But now is the time for long-term R&D investments in the domestic auto sector, to help India step into this play.
Courtesy: U.S. Air Force
The withdrawal of U.S. and NATO troops from Afghanistan is not the first time that a hasty and messy departure of foreign forced has taken place. History is replete with examples of imperial powers suddenly leaving countries that they secured for years, without ensuring a peaceful transition of power. The sub-continent has now seen it twice, the last time was in 1947, when the British preponed their withdrawal from India, hastily partitioning the country and leaving a region at war with itself. Ambassador Neelam Deo, co-founder, Gateway House, explains why and how this happens.
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Sanctions are an important foreign policy tool, used especially by the West against its adversaries. Now, these rivals are retaliating with counter-sanctions. Are these effective? How does this impact global politics? Where does India stand in this free-for-all sanctions era?
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A ransomware attack recently targeted Kaseya, a software services company in the U.S., for $70 million, incapacitating hundreds of its clients globally. There is an increasing incidence of such attacks, with perpetrators targeting government agencies and high-tech companies, leading to considerable economic losses. How can governments mitigate these threats and attribute responsibility to those accountable?
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For years, Western countries have used sanctions as a means of economic warfare against their adversaries. Now, China and Russia are utilising the same tactic against the West. The United Nations Security Council is paralysed by differences between the five permanent members, leaving the tools of unilateral sanctions and counter-sanctions to proliferate at the cost of UN-approved multilateral sanctions.
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With the U.S.-led Artemis Accords gathering momentum, and China and Russia joining hands, space exploration is becoming economically important. Countries increasingly want to participate in the space exploration economy and are partnering with space superpowers that have aligned geopolitical and geoeconomic interests. India, too, must do the same, says Dr. Chaitanya Giri, Fellow, Space and Ocean Studies Programme.
Courtesy: Gateway House
Big Tech is powerful and its profits are growing - by 105% over the last year. It dominates economies. This raises concerns about data protection and privacy, anti-trust, fintech and the specific role of intermediaries. India is leading the way on fintech, but is behind several countries and institutions on digital rules. It is important to establish laws and rules to govern technology – whether domestic or through multilateral bodies – with the aim to strike the right balance between innovation and regulation.
Courtesy: Gateway House
Digital Manufacturing in India can bring in a new age globalisation of manufacturing, and developing resilient, transparent and trusted supply chains. With the help of MNCs, start-ups and government in accelerating digital adoption, and India must become part of the emerging global trading system, using the COVID-19 pandemic to accelerate digitisation.