Gulf Cooperation Council (GCC)

India’s Relationship With The Gulf Cooperation Council: Need To Look Beyond Business

India-GCC relationship is growing stronger by the day as both realise the potential and importance of each other. Trade and commerce is the most important pillar of the India-GCC relationship. Success of high volume of trade and commerce between India and GCC revolves around a high degree of trade and economic complementarity as both caters to each other's economic demands.

The GCC–Iran Conflict and its Strategic Implications for the Gulf Region

Continuing conflict, competition and rivalry have been a regular phenomenon in the Gulf region over the past few decades. Among other reasons, the troubled relationship between the Gulf Cooperation Council (GCC) countries and Iran has been one of the major factors responsible for the present state of affairs in the region. The relationship has been marked by sectarian and ideological differences, clash of interests over the presence of the US in the region, concerns over the Iranian nuclear programme and territorial disputes between Iran and the United Arab Emirates (UAE).

India and Gulf Cooperation Council: Time to Look Beyond Business

India's relationship with the Gulf Cooperation Council (GCC) has been primarily based on mutual trade and business. GCC countries are the main source of energy for India and a market for Indian commodities. India's five-million-strong workforce forms a natural linkage between India and the GCC. But despite such strong trade linkages, which are still growing, political and strategic relations between India and the GCC have been found lacking. Recent years have witnessed signing of defence and security agreements between India and some of the GCC countries.

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.