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  • India can drive a hard bargain on the IPI Pipeline

    The general impression is that Iran has gained tremendously from rising oil prices, fuelled by its vast oil wealth. In reality, however, given increased domestic consumption coupled with inefficient usage and subsidies, Iran is actually struggling to produce enough oil and gas for export. Without substantial upgrades Iran's oil production is expected to go through a gradual decline. Though Iran has abundant oil reserves, estimated at around 137 billion barrels, it has not even been able to generate its OPEC quota due to lack of technical expertise and skills.

    February 23, 2007

    Aero India 2007: The Lure of India's Burgeoning Aerospace Market

    The Sixth Aero India Aerospace and Defence Exhibition held from February 07 to 11, 2007 was by all accounts a 'big' event. The biennial gathering was organized jointly by the Ministry of Defence's (MoD) Department of Defence Production and the Federation of Indian Chambers of Commerce and Industry (FICCI). For the first time, Farnborough International Ltd., the organization that holds the Farnborough International Air Show, was involved. 503 defence companies from 33 countries were represented at the Yelahanka Air Force station in Bangalore, the venue of the show.

    February 22, 2007

    President Putin's Visit to India

    Vladimir Putin's visit to India on January 25-26, 2007 provided fresh impetus to the strategic partnership between the two countries. The visit reinforced the interests of both states in maintaining their traditionally close and friendly relationship and in strengthening a multipolar world order.

    January 30, 2007

    Economics of Indo-US Nuclear Deal

    With President Bush signing the India-US nuclear co-operation bill into law, critics and supporters of the bill have once again reinforced their stated positions over the future benefits and losses accruing to both countries as well as the world at large. While supporters have left no stone unturned in emphasising upon the strategic, bilateral and political importance of the bill, critics have flatly described it as an 'historical mistake' which will hound efforts to curb nuclear proliferation in years to come.

    January 18, 2007

    Time to Cross the Adam's Bridge Again

    A recent survey by a Colombo-based agency on the peace process revealed that a majority of Sri Lankans prefers India as a peace facilitator rather than the Norwegians. According to the report by the Centre for Policy Alternatives, over 52.5 per cent of Sinhalese and 82 per cent of upcountry Tamils voted for an Indian involvement in the peace process. In recent years, the mood has shifted across Sri Lanka with major parties to the conflict instilling a newfound faith on New Delhi as the ideal arbitrator for the peace process.

    January 18, 2007

    Security of Sea Lines: Prospects for India-Japan Cooperation

    Ensuring access to crude oil and natural gas forms a crucial component of India's security calculus. It also critically underlines the significance of sea transportation through which much of these vital resources are traded. With India virtually insular in terms of its land communications, its trade interests are increasingly focused on the maritime domain.

    January 2007

    Sudan Crisis: Exploring India's Role

    India's interest in Sudan has grown significantly in recent years. This is reflected in India's increased trade and investments in Sudan. Two factors that have generated such interest and encouraged Indian engagement are the signing of the Comprehensive Peace Agreement in January 2005 and the soaring economy. However, delay in the implementation of the peace deal and conflict in western and eastern Sudan pose serious challenges to the huge Indian interest. This paper examines India's role and interest in the context of the ongoing crisis in Sudan.

    January 2007

    Counterproliferation: India's New Imperatives and Options

    Despite its excellent record in the field of non-proliferation of technologies, know-how and equipment related to weapons of mass destruction (WMD) to other states, India has been essentially a passive actor in global non-proliferation initiatives. As a result, it does not as yet have a comprehensive framework or strategy within which it defines its anti-proliferation objectives.

    January 2007

    Soft Borders and Cooperative Frontiers: India's Changing Territorial Diplomacy Towards Pakistan and China

    For decades, the dominant sense in the foreign policy establishment of India was that neither the Kashmir question nor the boundary dispute with China was ripe for resolution. Yet, in defiance of this received wisdom, two very different political coalitions have opened and sustained substantive negotiations on Jammu and Kashmir and the boundary dispute with China. Forward movement in both negotiations has also been premised on opening the closed frontiers with China and Pakistan.

    January 2007

    The Stern Review on the Economics of Climate Change and India's Position

    Sir Nicholas Stern, former chief economist of the World Bank and head of the British government's economic service, and his team submitted the report titled The Economics of Climate Change in October 2006. The report consolidates the research on the scientific evidence of climate change and concludes that evidence is now overwhelming: climate change is a serious global threat.

    December 27, 2006

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