Courtesy: Reuters
The International Monetary Fund’s recent warning of a slowing global trade comes as a sign for South Asia to reassess its regional trade within the continent. India, in its year of G20 Presidency and as South Asia’s largest economy, can use its platform to lead the way via dialogue, capacity building, and regulatory policies to encourage open regionalism in Asia.
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The Gulf is increasing its diplomatic weightage globally. The maximum acceleration has been by the UAE, which is leveraging its advantages of economy, location, and connectivity to position itself as a key regional and geopolitical facilitator.
Courtesy: Anna Zieminski/AFP
Frene Noshir Ginwala, best known as the first Speaker of independent South Africa’s democratic parliament, died at age 90, on 12 January, 2023. A contemporary of Nelson Mandela and Oliver Tambo, she belonged to a special generation of South Africans who fought hard and long for their country’s freedom.
Courtesy: Reuters
February 1, 2023 marks the second anniversary of the military coup in Myanmar. The country is now in a dire situation with a deteriorating economy, rising poverty and high unemployment. ASEAN, the UN and India continue to work with the Myanmarese military leadership, which is the only player able to provide solutions to alleviate the distress.
Courtesy: Adnan Abidi/Reuters
Egyptian President El Sisi being the chief guest at India’s Republic Day reflects the importance assigned to it by India. At the crossroads of Africa, Asia and Europe, Egypt is an essential gateway for trade and investment. Its diplomatic presence in the Arab world and Africa, with the largest standing army in Africa, makes it a pivotal player for India which is increasing its footprint in West Asia and Africa.
Courtesy: T20 India
On 17-18 January, 2023, Rajiv Bhatia, Distinguished Fellow, Foreign Policy Studies Programme, Gateway House participated in the 14th South Asia Conference on the theme “Think20@G20: Towards a Resilient South Asia” hosted by Manohar Parrikar Institute for Defence Studies and Analyses in New Delhi. Amb. Bhatia suggests that in due course, BIMSTEC should be given the status of a permanent guest in G20.
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India’s new policy of allowing foreign universities to set up their operations in India offers an unprecedented opportunity for Indian cities to revitalise themselves. In Mumbai, the city and state administration can reposition the central business district of Nariman Point and turn this tip of the Arabian Sea into a vibrant international education hub. The model of Lower Manhattan is applicable.
Courtesy: Toppr
While India must do justice to its diverse responsibilities as steward to the G20, it has a special duty and priority: to advance the Africa agenda while serving as a powerful bridge between the developed and developing parts of the world.
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The recent Voice of the Global South Summit in New Delhi attracted 125 developing countries, and some tangible outcomes for India to carry to its G20 presidency agenda. It showed India's equity to be intact, despite a perception that in the past decade, India has moved away from NAM and closer to the developed West.
Courtesy: IMF
Since the 1990s, South Asia–East Asia trade and free trade agreements have accelerated as India’s trade realigned toward East Asia. As regional trade recovers after the COVID-19 pandemic, South Asian economies have opportunities to participate in global value chains and services trade. BIMSTEC may catalyze more effective regional cooperation for small and large economies alike.