Indian diplomacy scored many victories at the G20 summit from getting the warring parties in Ukraine to agree on a joint statement, enabling African Union’s admission into G20, announcement of the India-Middle East-Europe Economic Corridor, and launch of the Global Biofuel Alliance
The geopolitics of expanding East-West polarisation and persistent North-South divide provided an acid test for India’s leadership and it has come out quite successful in converting those challenges into opportunities as well.
Obviously, not inviting Russia and inviting only one party to a conflict to a meeting to resolve the same conflict is a non-starter. Having just entered into a truce with archrival Iran earlier this year, Saudis would know this well. So what was the Jeddah meeting all about?
By Reuters Johannesbutg, Aug 21: The BRICS group of major emerging economies – Brazil, Russia,
dialoge and frank conversations between the three can help hammer out common positions and/or responses to common challenges and threats.
The first meeting in this format is aimed at further strengthening the relations of strategic partnership and mutual trust, continuing a constructive dialogue in the search for mutually acceptable solutions to topical issues facing the three countries and the region as a whole.
As India holds the presidency of the G20 this year, it has pushed for multiple discussions on reformed multilateralism and seeks to amplify the voice of the Global South. This provides the AU with a window of opportunity for its integration into the G20
The recent constitutional changes, endorsed by a country-wide referendum, seek to make Uzbekistan a welfare state. The new constitution proclaims “Uzbekistan is a sovereign, democratic, rule-of-law, social and secular state with a republican form of government.” With the economy growing because of the reforms, there is also more fund allocation for social and public welfare.
During its 20-year stay in Afghanistan, the US government had said that the country is estimated to hold at least $1 trillion worth of lithium which could help pull out the country from its economic mess. For the Taliban, which is still trying to establish an effective government in the country in the face of global opposition and frozen bank accounts, China seems to give hope.
The agreements signed between India and the UAE are not only significant, but may also be laying out a new paradigm in how countries will be conducting their foreign and international economic policy.