Context: Three years after joining the eight-nation Shanghai Cooperation Organisation (SCO), India hosted the SCO heads of governments (HoG) meeting for the first time. How does the SCO serve India’s quest for geopolitical balance and regional engagement? The focus: The focus of the 66-point joint statement was in developing a “Plan of Priority Practical Measures… Continue reading India hosted the SCO heads of governments (HoG) meeting
Tag: IR_1
India exits RCEP
Context – India’s decision to stay out of the China-backed RCEP agreement and its significance. What is RCEP and its significance? Launched in 2012, Regional Comprehensive Economic Partnership is a trade pact between the 10-member ASEAN bloc, along with China, Japan, South Korea, Australia and New Zealand. However, India had been due to sign but pulled out… Continue reading India exits RCEP
Trade openness and globalization
Context- India’s External Affairs Minister believes that the economic growth that has accrued from globalization is not a good enough outcome for India. What are the views of External Affairs Minister on globalization and trade pacts? Trade pacts and globalization have allowed other countries ‘unfair’ trade and manufacturing advantages “in the name of openness”. The effect of past… Continue reading Trade openness and globalization
FTA’s and its significance
Context: India’s External Affairs Minister recently disapproved of free trade and globalisation. Contents1 Background:2 What were the rational arguments given by the government to walk away from RCEP?3 How good is India in emphasising trade openness?4 Why FTAs are significant for Indian economy? Background: On November 15,15 countries of the Asia-Pacific region signed the Regional… Continue reading FTA’s and its significance
why India opted out of RCEP? | 17th November, 2020
News: Regional Comprehensive Economic Partnership (RCEP) has been signed by 15 countries, without India. About RCEP (Regional Comprehensive Economic Partnership) RCEP is a trade deal that was originally being negotiated between 16 countries including India, after exit of India, now has been signed by 15 countries. Members: 10 Association of Southeast Asian Nations (ASEAN) members:… Continue reading why India opted out of RCEP? | 17th November, 2020
RCEP |Regional Comprehensive Economic Partnership
Context: India’s opting out of RCEP appears more debatable in terms of its economic rationale. Background: The Regional Comprehensive Economic Partnership (RCEP) was signed on 15.11.2020 by 15 countries led by China, Japan, South Korea, Australia, New Zealand and the 10-state ASEAN grouping. It created one of the world’s largest trading blocs. India after seven… Continue reading RCEP |Regional Comprehensive Economic Partnership
Shift in india’s foreign policy
shifting trajectory of India’s foreign policy Context- The significance of 3rd India-USA 2+2 Ministerial Dialogue and the shifting trajectory of India foreign policy. What are the key highlights of 3rd India-US 2+2 dialogue? 1)The USA reiterated its support to India in defending its territorial sovereignty in the background of the ongoing stand-off between India-China. It… Continue reading Shift in india’s foreign policy
Agreement for “Bringing Peace to Afghanistan”
Agreement for “Bringing Peace to Afghanistan” Afghan peace process: The Afghan peace process comprises the proposals and negotiations that were aimed at ending the ongoing civil war between the Taliban and Afghanistan government. About agreement US and Taliban signed an agreement for “Bringing Peace to Afghanistan” in February 29, 2020 It will enable the US… Continue reading Agreement for “Bringing Peace to Afghanistan”
What is COMCASA?
COMCASA(Communications Compatibility and Security Agreement0 is an India-specific version of the Communication and Information on Security Memorandum of Agreement (CISMOA) COMCASA was signed in September 2018, after the first 2+2 dialogue in the US. It allows the US to provide India with its encrypted communications equipment and systems for US origin military platforms like the… Continue reading What is COMCASA?
What is LEMOA (Logistics Exchange Memorandum of Agreement)?
The Logistics Exchange Memorandum of Agreement(LEMOA), which was signed between India and the US in August 2016 is an India-specific version of the Logistics Support Agreement (LSA). It allows the military of each country to restock from the other’s base and Access supplies, spare parts and services from the other country’s land facilities, air bases,… Continue reading What is LEMOA (Logistics Exchange Memorandum of Agreement)?
