Hong Kong, a global city that holds a significant influence in the global market is …
United Nations Security Council is argued to be not in par with the current geopolitical scenario. Since its establishment in 1945, there has been little to no change in its structure.
Many countries including India are bidding for permanent membership in this organisation. This allows them to carry out their national interests, boost their political power in the global arena and create a balance of power in the multipolar world.
However, there has been little progress in this regard due to the rigid stance taken by the 5 permanent members who are unwilling to reduce their power status and also power rivalry amongst nations.
India, US, Japan, and Australia share a vision of a free and open Indo-Pacific. Quad is an opportunity for such like-minded countries to share notes and collaborate on projects of mutual interest.
Earlier this year, the senior officials of QUAD met at Bangkok, Thailand to reaffirm the commitments made in 2017 on keeping critical routes of Indo-Pacific free from influence and provide rules-based order within the region.
The Shanghai Cooperation Organization (SCO) has passed a consistent path and in a comparatively short period of time has proved to be an effective model of multilateral cooperation based on mutual trust, equality, harmonious coexistence of different cultures and civilizations.
With the entry of India and Pakistan, the SCO has become the largest regional grouping in the world, encompassing 60 percent of Eurasia’s territory with a population of around 3.2 billion people, and account for almost a quarter of global GDP.
In 2013, Chinese President Xi Jinping launched China’s most ambitious project One Belt One Road (OBOR) which involves the building of two projects namely – Silk Road Economic Belt (SREB) and a 21st Century Maritime Silk Road (MSR). OBOR later came to be known as Belt and Road Initiative (BRI). BRI is arguably the most ambitious global infrastructure project ever envisaged by one country. However, is this merely an economic project? or a geopolitical one of China? Will India get any benefit by joining this project or not? Let us discuss those issues in detail.
Recently, Indian firm “India Ports Global Limited” took over operations at the Shahid Behesti Port in Chabahar, Iran. The representative of India, Iran, and Afghanistan met and finalized the routes for trade and transit corridors between the three nations. An event has also been planned on February 26, 2019, to promote and popularise the potential of Chabahar port.
Pakistan has invited Saudi Arabia to join $50 billion China-Pakistan Economic Corridor (CPEC) as the 3rd strategic partner. A formal invitation was made in this regard after Pakistan PM Imran Khan visited Saudi Arabia during his 1st foreign trip after getting elected.