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Indian and Pakistani governments have realised the necessity of better connecting provinces on both sides of the border as a possible means of improving broader relations between the two nations.
Speaking on India-China relations Dr Yiwei Wang gave a Chinese perception of this relationship. The basic theme was that there was need to look at three T's (Trade, Tibet and Territory) to improve the bilateral relations.
With both India and the US having differing domestic and national priorities, these countries are bound to compete and conflict on trade issues. But these must not be allowed to overshadow the larger gains that bilateral trade has brought to each country.
The biggest battle ahead for Xi Jinping is to protect the country's grand industrial strategy called 'Made in China' which Donald Trump is targeting.
India?s improved relations with Bangladesh have brought new opportunities for economic development in the North East region. To maximise the benefits, there is need for identifying the factors and the issues that might hinder the growth of economic ties.
The two countries’ geopolitical compulsions, especially regarding containing china in the indo-pacific, have translated into closer trade ties
The tariff war is not the only issue hindering cooperation. Differences over Taiwan and the South China Sea, the basic lack of trust in the relationship is acting as a dampener across the board.
In the domain of water cooperation between India and Pakistan, maybe it is important to look at actors beyond the Ministry of Water Resources. Greater cooperation between the farming communities could be one more logical step towards building a substantial peace constituency in Pakistan.
The viability and dynamism of the developing world's agriculture sector remains essential to secure success in the developing world's poverty alleviation strategies. The next ministerial at Bali in December must ensure pressure remains on developed nations to meet the aspirations of developing countries with regards to the global agriculture trade.
India’s desire to reconfigure the global balance of power is predicated on its ability to become an indispensable element in the global economic order. Thus, it is not surprising that the new foreign trade policy seems to shed the reticence of the past.
India has been proactive in the Arms Trade Treaty debate and has submitted its views on the issue. Currently, the debate is shifting towards the content of the treaty. Differences continue to exist, but India feels the final treaty should emerge by consensus.
Doklam is merely a symptom of a revanchist China that no longer sees the need to play by the book. India needs to change its strategy as well.
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) has gained more importance recently because of the many hurdles that have come in the way of the South Asian Free Trade Agreement (SAFTA) since 2016, mainly due to issues between India and Pakistan. This brief explores the possibilities of stronger trade and investment ties between the BIMSTEC nations by expediting the signing of a Free Trade Agreement (F
Having already replaced the United States as Brazil's largest trading partner, China-Brazil trade is set for further boost, with benefits to both the economies. However, the increase in trade, and also the huge trade gap between the countries, is becoming a major challenge for Brazil's policy-makers.
Brazil's Ambassador to India, Mr Carlos Duarte, thinks that trade between Brazil and India should grow not just in absolute terms but also in qualitative terms.
Enabling greater free trade and removing NTBs should be undertaken with the goal of not just regional integration and growth but also development of communities, employment and poverty alleviation across South Asia.
A gender-inclusive trade agenda will help create better jobs and unlock greater economic potential.
The expansion of BRICS in 2023 has infused a new energy into the grouping. Despite certain rivalries, BRICS members still largely tend towards cooperation on issues of development and economic growth. The grouping now accounts for 40 percent of global trade. This report explores areas of cooperation for BRICS members in the domains of trade and investment. It identifies vulnerabilities in current supply chains, including connectivity, scarce raw
Mark Carney’s ascendancy is itself a reflection of how deeply these pressures have reshaped Canadian politics
Chennai may have lost out on the petroleum, petro-chemicals, pharmaceutical, and biotech fields, but it still remains the home-base of several solid market leaders from myriad industries.
Over the last five years, Brexit, the victory of Donald Trump in the US and the assumption of power by Xi Jinping in China, the seizure of Crimea and the Ukrainian crisis, the South China Sea disputes, and the emerging Iran crisis, have all helped upend the world order. Amidst these crises, the surge of Chinese acquisitions and investments in Europe did not draw much attention. The acrimony, however, between China and the US on trade and industri
Chinese influence in Africa is high on the global agenda, as China within just a few decades has become a key political and economic power in the continent. Indeed, its emergence as a dominant economic and political actor might be the most important development in Africa since the end of the Cold War. This paper analyses China's economic and political relations with Africa beginning in the 1990s. It argues that the concern is not that China has e
There were expectations that the plenum would take up the burning economic issue, but it seems that the CPC is now focused on shoring up internal unity.
The People's Republic of China (PRC) is now revealing, more assertively than before, its high expectations with regard to the opening up of Sino-Indian border trade specifically through revival of Yadong (Shigatse, Tibet) Trade Post, which was set up on May 10,
In October 2019, China’s Free Trade Agreement (FTA) with Mauritius opened the Chinese market to Mauritian exporters and investors. Not long after, concerns arose that Mauritius might be lacking in the capacity to benefit significantly from the agreement and thus lose in terms of a trade imbalance that clearly favours China. This brief revisits China’s motivations for the FTA, and finds economic and geopolitical goals. Given Mauritius’s smal
The rising animosity has a great potential to affect the ability of the two nations to counter regional threats.
This paper explores the status and the need for the United States (US) to have a port-led strategy in place. Further, it argues that a strong port-led strategy straddling economic concerns with security imperatives on the back of its vast coastline and unmatched global network of overseas bases for the US could strongly support its Indo-Pacific strategy. A close examination of existing port-focused strategies by the US, particularly its Navy, and
Even as trade talks between the US and China seem set to resume, geopolitical tensions between the two powers show no sign of abating.
The strategic location of India’s North Eastern Region (NER) offers ample opportunities for enhancing the country’s economic ties. However, supply-chain constraints at the regional level hamper the trade-growth linkages, as do trade barriers, social unrest, and inadequate infrastructure. Enhancing and improving commercial exchanges with neighbouring countries, such as Bangladesh and Myanmar, will strengthen bilateral and regional networks. Th
A successful conclusion of the FTA with EU would go a long way in building international market confidence, giving much needed stimulus to the international economy. The loss of revenue from reduction in tariffs should be viewed in gains of transfer of technology, productivity increases and greater competition.
Sittwe Port in Myanmar’s Rakhine State is part of India’s Kaladan Multimodal Transit Transport project. It connects India’s northeastern states to the Bay of Bengal, advancing the country’s Act East policy and strengthening regional connectivity. Operational since May 2023, the port has handled over 109,000 tonnes of cargo so far, showcasing its potential to bolster trade. However, challenges to the port’s commercial viability persist,
This paper analyses the patterns of virtual water trade (VWT) in agricultural products across the globe—VWT is the flow of water embedded in goods and services when they are traded—and the implications for alleviating water scarcity. Virtual water trade has been crucial in ameliorating water scarcity in virtual water-importing nations. At the same time, it has led to per capita water availability declining at a more rapid rate among the net v
India's total trade deficit with the world now is USD 13472.18 millions. A major component of Indian exports is agricultural commodities. The northeastern region performs well in horticulture. However, challenges to the produce finally turning into exports remain unaddressed for long.
India pulled out of the planned Regional Comprehensive Economic Partnership (RCEP) in 2018 after entering negotiations in 2013. India has a trade deficit with 11 out of the 15 RCEP countries and some analysts have theorised that India decided to opt out of the agreement because of such adverse trade balance. Indeed, India has a trade deficit with most of its trade partners in past free trade agreements (FTAs). It is in this context that this br
The quotas in textiles, enforced under the Multi Fibre Agreement (MFA) which was signed in 1994, are going to be lifted on December 31, 2004 and the trade in textiles would come under the WTO directly. It means that all forms of protectionism applied to textile industries the world over, would have to go.