Courtesy: Mint
On February 18, India and the United Arab Emirates (UAE) signed the Comprehensive Economic Partnership Agreement (CEPA). This is a modern trade agreement with its roots in the erstwhile Bombay Presidency’s administration of the nine Emirati kingdoms.
Courtesy: Reuters
The Shanghai Cooperation Organisation has been focused on resolving the Afghan crisis. But divergent views of members and the influence of China and Pakistan have eluded a solution. This has been further impeded by the ongoing sanctions and humanitarian issues which are beyond the organisation's scope.
Courtesy: TDB
Financial intermediaries are critical lubricants for business, growth and development. The Indo-Pacific countries are industrializing, but smaller nations lag behind economically. The Quad countries can aid the advancement of the financial architecture in the Indo-Pacific by helping to develop an ecosystem, modelled on the examples of Japan and India.
Courtesy: Shutterstock
Renewable energy is trendy, but still unreliable at this early stage. Countries will find it necessary to fall back on traditional energy sources like coal and oil for their needs, and this can lead to energy price spikes. To protect itself from this scenario, now is the time for energy-dependent India to set up a wealth fund that invests in listed oil companies around the world, to reduce the risk of energy insecurity.
Courtesy: ANI
India hosted a summit with five Central Asian states on January 27, marking 30 years of diplomatic relations with the region, and an important step forward to pursue greater connectivity between India and Central Asia. New Delhi's engagement holds promise for ambitious bilateral agendas including security in Afghanistan, the revival of dormant projects, and potential collaboration in renewable energy, space and information technology.
Courtesy: UNODC
The Taliban's resurgence since 2001 has been largely funded by the creation of an opium economy and extortion. Now, with the withdrawal of U.S. troops, legitimate aid from Afghanistan and the freezing of Afghan funds abroad, the Taliban will revive its informal sources of finance to stay afloat. A look at the financing that brought the Taliban back to Kabul.
In 2023, India will be the President of the G20, often called the world's economic steering committee. This most influential multilateral economic forum is a unique institution, where developed and developing countries have equal stature. It thereby creates opportunities for all to showcase their global political, economic and intellectual leadership, making the global economic governance agenda more inclusive. This book, a collection of analysis and studies by Gateway House since 2015, explains the G20's importance, its various parts and the contributions made by the 20 countries that comprise it. India's Presidency year provides it the opportunity to 'hold the pen, write the rules’ and lead the G20 year intellectually, financially, managerially and administratively. An excerpt.
Courtesy: UAE Space Agency
After successfully developing Dubai and Abu Dhabi as aerotropoli or cities around an aviation hub the United Arab Emirates aims to become an astropolis, a hub of space tourism and human spaceflight. There is ample scope for UAE to cooperate on this with India, which is also its comprehensive strategic partner.
Courtesy: Samirsinh Dattopadhye Blog
Last month, at a hybrid meeting, the Foreign Ministers of India, the U.S., Israel, and the UAE set up a forum for quadrilateral cooperation. In the many issues discussed, the technology dimension shows the most potential for collaboration, with unique contributions of expertise and resources available from each country's tech hubs: Bengaluru, Silicon Valley, Dubai and Tel Aviv.
Courtesy: Xinhua
China has followed Sun Tzu’s strategy of focussing on alliances - building its own and weakening those of its adversaries. Beijing’s carefully nurtured formations in West and Central Asia are part of this global power projection, especially with Pakistan, Iran and now, the Taliban, through projects like the Belt and Road Initiative. India must recalibrate its China policy and push for concerted regional responses to emerge as a balancing force against it.
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