Economic Relations

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  • Inaugural Address by Sh. Rajinder Khanna, Deputy National Security Advisor, Government of India.

    Shri. Rajinder Khanna, Dy. National Security Advisor, Government of India
    December 05, 2018

    Aman asked: How the operation of Asian Infrastructure Investment Bank (AIIB) by China differs from that of BRICS Bank? Why is China keen to develop such a bank in addition to BRICS Bank?

    Jagannath P. Panda replies:Operationally, both the AIIB and the New Development Bank (NDB) of the BRICS differ from each other in their structure and functionality. Both are yet to evolve as credible international banks. Their membership composition, areas of focus, structures, and operational and financing patterns make them different from each other.  

    India’s Economic Opportunities in Central Asia

    India needs to use economic leverages more efficiently to build closer ties with Central Asia.

    September 17, 2018

    The Coming of the Petroyuan?

    China’s launch of a yuan-denominated oil futures exchange will provide it with the opportunity to create an Asian crude oil benchmark and give it more clout in crude pricing and for promoting the yuan as a truly global currency.

    February 22, 2018

    BIMSTEC at 20: Hopes and Apprehensions

    BIMSTEC needs to build on regional synergies and work towards utilising the available resources optimally by focusing on fewer priority areas and undertaking projects that are economically feasible.

    June 20, 2017

    CPEC and the Future of Gilgit Baltistan

    Given an already upset population and the presence of anti-establishment factions, the unequal distribution of the benefits of CPEC is likely to ignite protests and cause a setback to the initiative as well to the Pakistan establishment.

    April 13, 2017

    AIIB Chronicle: China’s Ambition Behind Infrastructure Investment

    AIIB is a Chinese dominated bank and the Chinese excitement about AIIB is based on the control and strategic clout that Beijing, the bank’s main architect, wields over its functioning.

    March 21, 2017

    Russia in the System of Global Economic Relations

    The socio-economic history of Russia demonstrates that its ‘place’ in global economic relations has been subject to complex cyclical processes. The country entered the 20th century with a high growth rate and burgeoning industrialisation that included significant foreign capital. Historically exports primarily included raw materials such as grain and timber while imports consisted largely of machinery and consumer goods.

    Archana Gupta asked: Can CPEC help build consensus amongst opposing sides in Pakistan, and thus help bring stability and economic development?

    Priyanka Singh replies: Pakistan’s internal security situation has been on a downward trajectory. This is despite the army’s projected resolve to rid the country of militancy and violence - an idea that is much hyped during Raheel Sharif, the outgoing army chief’s tenure. In view of recurring incidents of mass killing abetted by several militant groups across Pakistan, especially Balochistan, the prospects of the China Pakistan Economic Corridor (CPEC) acting as a harbinger of stability and development appear more than dismal.

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