Gulf Cooperation Council (GCC)

India and the Gulf Cooperation Council (GCC): An Economic and Political Perspective

Indian presence in the Gulf region is civilizational and has developed into a vibrant relationship over the years. With the emergence of India as a large economic power and with the Gulf region simultaneously witnessing spectacular economic growth, economic trends are reinforcing mutual interdependence. While India's economic presence in the region has transformed from barter exchanges between merchants and Indian human capital, India's political presence has remained more or less subdued.

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.

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.

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.

Persian Gulf 2016-17: India’s Relations with the Region

  • Publisher: Pentagon Press

The Persian Gulf-2016-17 is fifth in the series published by MEI @ ND and first in collaboration with the IDSA. It Examines India’s bilateral relations with the region and focusses on developments during 2015 and 2016. It gives a comprehensive account of the strategic, political, economic and cultural aspects of bilateral developments and also provides in depth analysis of internal dynamics of the Persian Gulf countries.

  • ISBN: 978-93-86618-19-1,
  • Price: ? 1295
  • E-copy available