Courtesy: Official Internet Resources of the President of Russia
Russia took charge of BRICS in January 2024 at a point of inflection in geopolitics and expanding influence for the bloc. As chair, Moscow aims to bolster cooperation along the lines of the BRICS’ three pillars to shift power away from the West and explore ways to engage potential members. Though China seems onboard, for India, neither of these pursuits must proceed too aggressively.
Courtesy: United Nations
The transition from least developed country (LDC) to developing country marks a major milestone for the world’s most vulnerable and structurally disadvantaged countries. The recent graduation of Bhutan into the 'developing' realm reflects the trend of accelerating development among least developed countries. Fifteen more LDCs are due to move up in the coming years, a clear improvement from the past.
Courtesy: India Today
Just as September 11, 2001 unfolded a new chapter of the world order, as December 17, 2010 awakened the "Arab Spring," so October 7, 2023, has become a date that has unforgettably changed the Middle East's foreign policy and geopolitical dynamics. The existential paradigm of Israel and Palestine has adopted a war axis without turning back but has necessitated reevaluating diplomacy and recalibrating priorities.
Courtesy: Global Times
China’s world vision has entered its next phase. After the Belt and Road Initiative (BRI), come the Global Initiative on Data Security (GIDS) so Chinese tech standards can lead, Global Development Initiative (GDI) so China leads the development dialogue, and Global Security Initiative (GSI), so China’s security is ‘indivisible’ from other countries – all in time for China’s 2049 goal of becoming a global power.
Courtesy: Hindustan Times
South Asia requires resilient and cost-effective regional supply chains. This can be achieved through Indian investment, fostering local linkages while reducing dependency on Chinese financing of regional partners. A new approach enhances India's regional influence, creating a win-win scenario for the entire South Asian neighbourhood in a changing global landscape.
Courtesy:
When the 154-year-old man-made Suez Canal became operational, it reduced the voyage between Europe and India from four months to 30 days. It made Egypt the centre for the development of modern tourism in the mid-19th century, attracting entrepreneurs from across empires. A brisk business grew with the Sindhis from the Bombay Presidency, who made the Egyptian free ports and Cairo as their first overseas bases.
Courtesy: Sputnik India
Tensions in West Asia have disrupted global shipping and revived interest in the Chennai-Vladivostok Eastern Maritime Corridor. Better freight and passenger connectivity between Southern India and Russia’s Far East will open new areas for bilateral cooperation such as the export of machinery, auto parts and engineering goods from India, and progressively integrate the economies of the two countries.
Courtesy: Bloomberg
Two climate and environment conferences in December 2023, one with global attention in Dubai and the other with a hyper-local focus in the Eastern Himalayas, highlighted the need for a more nuanced conversation on climate and forced population displacement. They both point to a need for a multi-factored model in the analytical approach to forced migration.
Courtesy: Reuters
Sri Lanka has demonstrated signs of recovery following the stabilising policies implemented by the Wickremesinghe government. However, the road ahead for economic recovery is long, with risks associated with the upcoming Presidential elections, geopolitical tensions and debt restructuring.
Courtesy: Arab News
The conflict in Myanmar is now three years old. It has created a power struggle within the military, and between the army, political class, and armed ethnic groups, a civil war with little hope for victory. India's policy towards Myanmar needs reassessment, given the rising refugee influx and security concerns.