rupee Courtesy: Amit Bhandari
27 April 2023

Towards multi-currency trade

The dominance of the U.S. dollar in global trade and its status as a fiat currency means it is unlikely to be replaced in the near future. However, the repeated and continued use of sanctions has created the need for a multi-currency trading regime. India must now prepare alternative payment systems and promote the use of the Indian rupee in global trade.

Port-of-Matabari Courtesy: India Shipping News
24 April 2023

A new troika for India’s Northeast

India’s Northeast is developing and getting close to its goal of being part of the Indian mainstream in connectivity and business – which is also critical for the success of India’s Act East Policy. For both goals, Bangladesh and Japan are invaluable partners and friends. The troika’s collaboration can be a model in the region.

mappr Courtesy: Mappr
20 April 2023

Uzbekistan balances the geopolitical quartet

India is rapidly increasing its economic engagement with Russia, and other former Soviet countries. This means it must look at old friends in Central Asia with new eyes. Uzbekistan is one of them. India is one of a quartet of geopolitical powers playing to the strategic interests of this nation which sits at the crossroads of South, East, West and Central Asia and Russia.

FuIkSegXwAA1PDo Courtesy: Twitter / Hindustan Times
20 April 2023

A Buddhist quest for global peace

The first Global Buddhist Summit is being held in New Delhi this week, a continuation of India's strategic and diplomatic outreach to Buddhist countries in Asia. The Summit offers India an opportunity to deepen the dialogue on its shared, millennia-old transnational Buddhist legacy with these countries, and arrive at contemporary solutions for global conflicts using the lens of Buddha Dhamma.

shipping-containers-Nantong-eastern-China-Jiangsu-Province-trade-ap Courtesy: The Week
13 April 2023

India-Russia in the shadow of sanctions

In 2022, increased sanctions were imposed on Russia by the U.S., E.U., and their allies. The track record of Western sanctions shows they are quick to be imposed, but slow to be removed. In the current environment, it is reasonable to assume that sanctions on Russia will stay in place for a very long time. India should plan its defence and commercial relations accordingly.

Website Image Courtesy: Sputnik News
30 March 2023

The Multilateral Moment for India and Russia

India’s G20 and SCO presidencies have both promise and complexity, for itself and for Moscow. India need not involve itself in crisis settlement, but focus on economic issues, food and energy security, innovation and terrorism. Moscow can help itself by aligning its interests with India’s especially at multilaterals and the global south outreach, and potentially rebuild bridges with the developed north.

1247994038.0 Courtesy: Vox
23 March 2023

Peacemakers, Rivals and Mates in the Gulf

The restoration of diplomatic ties between Iran and Saudi Arabia marks the end of a seven-year marathon of indirect confrontations and impasses involving a broad spectrum of actors. It allows both to harvest economic and political benefits. Most importantly, it confirms China’s status as a significant power with influence to unlock broad and complex international agreements.

dc-Cover-aadd91r62jmke04vrfagfboru4-20230321071144.Medi Courtesy: Deccan Chronicle
21 March 2023

India-Japan: Bound by the Ancient Tenjiku

The Edo era in Japan adopted the Buddhist worldview that placed India at the center of the human world. This was reflected in their maps, till the mid-19th century. The geopolitical context of these spiritual maps wielded a profound influence on Japan’s Buddhist clergy and its laity, a world view that echoes the present.