Gulf Cooperation Council (GCC)

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  • India Woos GCC’s Sovereign Wealth Fund: Policy, Scope and Precautions

    In 2007, a small piece of research by Steven Jen generated ripples about the role and significance of Sovereign Wealth Fund (SWF) in the world of finance. The term SWF was coined by Andrev Razanor in 2005, and IMF defined it as “assets held by governments in other country’s currency”. Although, SWF has a history of more than half a century, it gained currency only since 2000. SWFs have been created by the governments for different motives.

    June 26, 2009

    India and Kuwait: New Hopes and Aspirations

    The recent three day visit of Indian Vice President Hamid Ansari to Kuwait fills a three decade diplomatic gap between the two countries. The visit was highly successful to the extent that besides interactions in the fields of science and technology, education and emphasizing the relevance of cultural exchanges, it brought international terrorism within the ambit of bilateral discussions.

    April 22, 2009

    GCC’S New Avatar and Invigorating India’s Interests

    Event: 
    Fellows' Seminar
    February 27, 2009
    Time: 
    1030 to 1300 hrs

    Indian PM’s Visit to Oman and Qatar

    During his November 2008 visit to Oman and Qatar, Prime Minister Manmohan Singh signed two memoranda of understanding with Oman and three with Qatar. The MOUs with Qatar were on defence and security, investment, energy and manpower development.

    December 02, 2008

    Beyond the Arab-Iranian Divide in the Gulf

    In an interesting development, the Gulf Co-operation Council (GCC) invited Iran for the first time last month to attend its summit meeting held in Doha. The GCC was established in 1981 to foster multilateral co-operation in the Persian Gulf, but had adopted an exclusionary policy vis-à-vis Iran though the latter was an important actor in regional politics and economy. The invitation to Iran seems to point to a GCC initiative to overcome differences and act together for the larger good of the region.

    January 23, 2008

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