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During Japanese PM Shinzo Abe’s recent visit to India, both countries made important progress in strengthening their security engagement focused on maritime security, defence purchases and counter-terrorism. Nonetheless, Indian policymakers are conscious of regional concerns about Japan’s renewed nationalism and of balancing this relationship with that of China
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This year, India's defence diplomacy has ramped up. In 2015 alone there have been 18 military exercises- naval, army and air force- with 13 countries, among the largest engagements the country has had. Most significant is Japan joining the Malabar exercises in the Bay of Bengal and the first-ever maritime exercise with Australia. This is increasing India's presence from the Arabian Sea to the Bay of Bengal. As these exercises intensify India will be better positioned to handle regional security challenges.
Courtesy: Wikipedia
At a recent international seminar on BRICS Studies, in addition to the predictable themes such as building a multipolar world order and the One Belt One Road project, fresh ground was also covered, including the contours of the New Development Bank and the potential impact of the refugee crisis on BRICS countries.
Courtesy: Wikimedia
The ‘One Belt, One Road’ initiative announced by China last year is being actively implemented at the provincial level. A recent conference in Lianyungang, Jiangsu province, provided a glimpse of China’s multi-pronged strategy to harness various resources available to make OBOR a success.
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GLC Policy Conclave Session 1: The New Financial World Order Shashank Bengali (SB): So, Rajrishi, can you tell us basically what the circumstances were that led to the development of these new multilateral institutions? How did we get here? Read more
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The recent meeting between the Taliban and the Afghan governments– brokered China– holds promise to bring peace to Afghanistan. However, the absence of India at the table notable. Given India's investments in Afghanistan and geopolitical importance, China must seek to bring India to the table, otherwise peace will remain elusive
The Russian city of Ufa, capital of the Republic of Bashkortostan, played host to three major summits from July 8-10—BRICS, SCO and Russia's Eurasian Economic Union (EEU). Here are some of the characteristics and developments from the summit in numbers
Courtesy: PK times
India becoming a full member of the Shanghai Cooperation Organisation will be a significant moment in its engagement with Central Asia. However, there are not a lot of security or other benefits to be gained
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If, after nine years, BRICS remains a disparate grouping, and its trade and investment flows remain dismal, it is time to explore new avenues of cooperation to consolidate the alliance—and culture and education can provide the necessary cementing factor when combined with the New Development Bank
Courtesy: Wikipedia
The New Development Bank initiated by BRICS countries can reform and democratise global economic governance. But to reach this goal, in this critical period when the bank is preparing to operationalise, it must formulate an innovative institutional design. This article outlines four guiding principles for such a structure