Courtesy: Indian Council of World Affairs
The Indian Council of World Affairs republished Gateway House's Hari Seshasayee's feature on the India-Peru relationship. He argues that new commercial exchanges can enhance the bilateral, but strategic elements must be incorporated if both countries are to benefit from each others' geopolitical alliances.
Amidst myriad country groupings that already exist – BRICS, IBSA, APEC, SCO and many others – a new initiative in the Pacific is looking to integrate more powerful countries to form a multilateral free trade agreement – the Trans Pacific Partnership. How important is this towards the reshaping of trade and power?