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Prime Minister Modi’s third term began with India’s participation at the BRICS Foreign Ministers Meeting in Russia and the Outreach Session of G7 in Italy. India’s participation at both conferences highlighted New Delhi’s continuing preoccupation with great powers. How Indian diplomacy navigates ties between the West and BRICS will shape and decide its strategic autonomy in a multipolar world.
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Chinese President Xi Jinping's three-nation tour to France, Serbia and Hungary in early May highlighted China's aim to bolster ties and navigate shifting global power dynamics. The trip's implications are significant for all major powers, including India, which must inject more creativity and energy in building up its strategic partnerships with G7 nations after the elections.
Courtesy: GEP
As India begins membership talks with the International Energy Agency, Senior Fellow for Energy, Investment, and Connectivity at Gateway House, Amit Bhandari joins us to talk about how we got here, what’s in it for both parties, and how the agency will adapt to the increasing strategic autonomy of India and countries like it.
Courtesy: Hey Tripster
Türkiye has seen steady development under the leadership of Recep Erdoğan despite domestic and international crises and a difficult neighbourhood. It now has a solid middle class that has voted Erdoğan back as President.
Courtesy: The Strategist
Despite its natural advantages, the Bay of Bengal region lags economically, in part due to insufficient connectivity between the member nations. Improving financial connectivity between them is the first step to easing movement of goods, services and people. Greater financial collaboration also can help the region mitigate the impact of ongoing geopolitical upheavals that have caused food and energy prices to rise.
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The focus on climate finance must take into account the high cost of debt, foreign exchange risk and weak public energy utilities in the developing economies. A creative and workable solution to all these issues is to establish a Global Climate Finance Agency, managed by a reputed multilateral agency with some of the capital support promised by the developed countries.
Courtesy: Vox
The restoration of diplomatic ties between Iran and Saudi Arabia marks the end of a seven-year marathon of indirect confrontations and impasses involving a broad spectrum of actors. It allows both to harvest economic and political benefits. Most importantly, it confirms China’s status as a significant power with influence to unlock broad and complex international agreements.
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Courtesy: CNBC-TV18
Gateway House’s G20 Task Force Report on Energy Transitions and Climate Finance analyses the geopolitical and geoeconomic challenges, and proposes recommendations, for green transition among the G20 countries. Task Force co-chair Nadir Godrej, Chairman and Managing Director, Godrej Industries, and Amit Bhandari, Senior Fellow, Energy, Connectivity and Investment, Gateway House discuss the report’s recommendations on climate finance, green transition, affordable access, and energy security on CNBC-TV18 with Parikshit Luthra.
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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: Reuters
The Ukraine crisis has sent the EU scrambling for new gas supplies, generating fresh interest in gas pipelines from Central Asia and West Asia via Turkey. Practical difficulties make most of these new projects unviable.