Courtesy: Foreign Affairs
As Iran enters its new economic status quo, the question arises as to whether the nation will realise its potential by opening itself up to the world, or whether the elite will stifle global engagement.
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Akshay Mathur, Director of Research, Gateway House, attended the Think Tank (Think 20) Summit in Antalya, Turkey. He comments on the Turkish presidency and India's contribution to the G20.
Courtesy: Claude TRUONG-NGOC
The elections in Myanmar finally come to a close with Suu Kyi-led NLD’s landslide victory. The military establishment has accepted defeat. Suu Kyi, who can't be the president, has made it clear that she would be 'above the president'. How should India read Myanmar now and act to safeguard its interests?
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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: Narendra Modi official
Prime Minister Narendra Modi’s initiatives like the Make in India campaign, Digital India, Skill India, Smart Cities, et al, are all designed to attract much needed foreign capital into the country. However, a lot of global investors are still sitting on the fence. PM Modi, thus, must use the G20 Summit to assure investors and countries that India is open for business.
Courtesy: MEA Flickr
The strategic and geopolitical importance of Iran’s Chabahar Port is not lost on India. It is for this reason that India is keen to partner with Iran on investing in developing berths at the Port. Although the relationship between the two have had its ups and downs, it is time that with a nuclear deal in place between Iran and the P5+1, India realises that it has much more at stake in its relationship with Tehran.
Courtesy: Gateway House
At India’s first T20 consultation, hosted by Gateway House in Mumbai on October 19, the four working sessions were titled: ‘G20 and new inclusive business models’; ‘Trade, investment, and development’; ‘Financing sustainable infrastructure’; and ‘Technology, services, and skills’. We present an overview of these discussions, arranged in three categories for each session: Why is the issue important for the G20? What are India's concerns on the subject? What were the key issues discussed at this meeting?
The Ministry of Corporate Affairs’ notice last year directing companies to partner with NGOs for their CSR efforts requires companies to choose partners carefully, while NGOs must focus on monitoring and other requirements—so both sides are trying to address gaps and work with each other’s strengths
Courtesy: MEA
The U.S. is urging India to alter its IPR regime, and the potential impact on prices in the pharmaceuticals sector is of concern to African countries that depend on India for low-cost generic medicines. The recent India-Africa Forum Summit in New Delhi sought to address this issue, but it will be a challenge for India to balance competing pressures.
Courtesy: Pixabay
Solar power developers have offered to sell electricity in India at less than Rs 5/unit. This makes solar competitive with traditional forms of energy, and makes new nuclear power plants financially unviable. India must register the changed reality, and discard the idea of expensive Western reactors. Time to scrap the India-U.S. nuclear deal?