Feasibility and Acceptability of BRICS Development Bank
The acceptance of feasibility of BRICS Development Bank at recently concluded Fifth BRICS Summit at Durban has sent a shivering effect on a certain section who criticise the very idea.
The acceptance of feasibility of BRICS Development Bank at recently concluded Fifth BRICS Summit at Durban has sent a shivering effect on a certain section who criticise the very idea.
This World Water Day (22 March 2013) calls for cooperation on transboundary rivers. Among 276 transboundary river basins in the World, it makes sense for countries in Indian subcontinent and China to consider it seriously. While the international institutions are trying to define a working definition of 'water security', will India be able to secure unhindered access to water for living beings across McMahon line - the source of all perennial rivers flowing through India?
Wellbeing of a nation depends much on its ability to adapt to the changes. Each change brings in new possibilities and also critical risks. Nepal as a nation is witnessing to many changes as early as from 1950.
Two Russian built warships with the same name i.e. Admiral Gorshkov have been making news in the last few weeks. The first vessel is an aircraft carrier which was sold to India in 2004 and is rechristened as INS Viramaditya. It has been plagued in controversy due to costs and time over runs. The pre-delivery trials of the ship were unsuccessful and according to reports, the vessel will have to wait till the White Sea ice melts during the summer of 2013 to complete the trials.
Indo–China relationship touched a new low when the latter unilaterally cancelled the 15th round of Special Representative-level talks between Indian and Chinese diplomats which was scheduled to be held on 5th December at New Delhi. The reason as cited by China is a scheduled speech in New Delhi by the Dalai Lama. Perhaps gone are the days of Chinese socialism because this is the expression of Bejing’s feudal mindset and its narrow minded approach over bi-lateral issues.
The dawn of twenty-first century coincided with an unusual phenomena in the arena of international relations and that is the emergence of China and India as global powers. The steadily rising rate of economic growth in India has recently been around 8 percent per year and there is much speculation about whether and when India may catch up with and may even surpass China’s over 10 percent growth rate. India and China understand the concept of co-existence and the growth very well. This engagement has elements of both rivalry and cooperation.
The Pentagon releasing annual reports on Chinese Military Power is not new. However, for all these years Pentagon’s basic mandate has been to contextualize the Chinese threat to the US interests. Interestingly, in its latest report to Congress, titled "Military and Security Developments Involving the People's Republic of China, 2010" it highlights some issues of concern for India in regards to certain Chinese military investments.
India, today, stands at a threshold in leveraging its economic and military growth in consonant with its national security goals. This situation has not only earned a national identity but also an international status where both economy and military strength are major determinants. It’s an irony that India’s growing international status has coincided with two major international developments: One is the disintegration of the erstwhile Soviet Union and the second one is the end of the Cold War.
The Indian Navy announced plans to dispatch a flotilla of four warships to the Asia Pacific region in March-April this year. These vessels will make goodwill visits to ports in the region and also engage in joint exercises with a number of regional navies: Singaporean Navy for the exercise Simbex in South China Sea; Malabar with the US Navy and the Japanese Maritime Self Defence Force (JMSDF) off the Okinawa coast; and Indra with Russian Navy off Vladivostok.
After the 17th Chinese Communist Party Congress National Meeting 2007, China started focusing on South Asia, specifically India. Both have been favorably disposed towards multilateralism, with India joining the Shanghai Cooperation Organization as an observer, while China joining SAARC summit in April 2008, also as an observer. Besides, people to people diplomacy expanded with mutual tourist visits.
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