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Recent changes in Belgian and EU tax law and regulation have resulted in some Antwerp-based Palanpuri Jain diamond traders shifting base to the newly booming Dubai diamond market. But Antwerp dominates the diamond business for this enterprising community, where 400 families continue to stay and use it as a gateway to the European market for diamonds cut and polished in Surat and Mumbai in India.
Courtesy: Abhijit Chavda Podcast
Emerging middle powers like India, Brazil and South Africa are articulating their interests on the global stage with growing assertiveness. Manjeet Kripalani, Executive Director, Gateway House, joins Abhijit Chavda on his eponymous podcast to discuss changing dynamics between the West and the Global South, and how western and emerging middle powers can collaborate on shared priorities like multilateral reform, technology transfer and international trade.
Courtesy: EDR Magazine
The Italian Navy sees in its multicultural "Mediterranean" nature, a similarity with the Indian Ocean as a connecting fabric that has enabled civilizations to flourish and prosper through the centuries. The shared concerns and cooperation between the Italian and Indian navies, now renewed, can bring prosperity with contemporary connectivity.
Courtesy: Deutsche Welle (DW)
On July 13, the German cabinet approved its Strategy on China after nearly two years of internal discussions. The new strategy simultaneously views China as a “partner, competitor, and systemic rival”, calling for de-risking German economic dependence on China, while also expanding cooperation with other countries in the Indo-Pacific region.
Courtesy: Economic Times
The state visit by Italian Prime Minister Giorgia Meloni on 2-3 March marked the elevation of the India-Italy bilateral to a strategic partnership. Both countries have set the stage for an expanding relationship based on shared interests and priorities in defence, security, trade, and energy sectors – domestically and in the broader Indo-Pacific region.
Courtesy: Valdai Discussion Club
The reference to India by Russian President Vladimir Putin at the Valdai Discussion Club may be interpreted as encouragement to New Delhi to use its good offices to nudge the warring sides to the negotiating table. Mediation is a big power game, and this may be the right time for India, at the cusp of the G20 Presidency, to start with a record of success
The global energy market has been disrupted since the Ukraine-Russia conflict. Energy security is now a core concern for most countries and offers the chance to fix the structural problems in the energy generation sector. The interaction between energy security and environmental policies must be reassessed so policies can be consistent for the long term. Gateway House’s Saeeduddin Faridi speaks to Robin Mills, energy expert and CEO of Qamar Energy, about the state of energy markets.
Courtesy: Economic Times
India is stepping into a new era of free trade agreements in the midst of turbulent global waters that bring both risks and opportunities. A fragile global recovery can dampen demand for India’s goods, but it can also attract medium and high-tech manufacturing sectors leaving China, benefit from technology and skill transfer from abroad and lay a strong foundation for growth.
Courtesy: Getty Images
Sanctions against Russian energy, high cost fuel, heat waves and droughts all at once have raised the price of daily energy use to unprecedented levels and plunged large parts of the world into darkness.
Courtesy: Narendra Modi/Facebook
India will be president of the G20 in 2023. The world’s most influential economic governance body is facing an existential crisis, where the major powers have fallen out. With geopolitical currents redefining geo-economics, India needs to be ready to emerge as the chief global diplomat.
