Hindi IAS100
Register
ias100.in Official Website for Civil Services Chronicle
Perfection is not attainable, but if we chase perfection we can catch excellence.

Vince Lombardi

8800495544/9582948810

helpdesk@campus100.in

Quick Contact

You are here: Editorials
WALLS IN BRICS
In its final declaration this year, BRICS summit in Goa, while felicitating themselves for operationalization of New development Bank (NDB) and Contingent Reserve Arrangement (CRA) agreed to set up a rating agency. From its inception, the geo-economic alliance of BRICS has targeted their common nemesis in governance structure of IMF and west-dominated institutions. It has condemned the power concentration in the hands of Bretton Woods institutions. This has shown in its new quota formula that aims to enhance the voice of dynamic emerging economies. But is this enough to continue its relevance in global world? This year, as India seeks to isolate Pakistan on international platforms, its accelerating rapprochement towards U.S has contrasted with waning relationships with Russia and China. Russia joint military exercises with Pakistan and China- Pakistan all-weather friendship clouds India s diplomatic efforts on global forums. The Modi s labeling of Pakistan as “mothership of terrorism” did not find place in final declaration. Neither were mentioned words like “cross-border terrorism”, “stet-sponsored terrorism”, “Pakistan”. The only terror groups that found mention were Al-Quaeda, ISIS and Jabhat al-Nusra which are not Pakistani groups. The Goa summit saw China vouching for Pakistan more explicitly than Russia. The Chinese foreign ministry firmly declared that it was opposed to “linking terrorism with any specific country or religion”. But still India did work on its bilateral relations with China and Russia. While India and China agreed to hold discussions on India s NSG membership, India re-engaged with Russia on a defense deal. India s policies with respect to Pakistan, and Russia and China in BRICS often find themselves at cross-roads. In such a scenario, other multilateral forums like IBSA, BIMSTEC, may be revived.

Read More

Share Button
Advertisement

Subscribe IAS100 Newsletter

 Editorials
»  Implication of new cattle trade rules
»  Manchester Terror Attack and Mounting Challenges
»  Law Commission on bail law reforms
»  Indias Growing Ties with Africa
»  EVM hackathon to dispel security concerns
»  A Second Term for Rouhani
»  More Clarity in the GST Regime
»  Indias Gold Appetite
»  The End of A Civil War and Beyond
»  Vying for consensus
»  Showing the mirror to indian racists
»  Paper trail and elections
»  Human animal conflicts and crowd dynamics
»  Being inclusive of disabilites in our digital push
»  Bit issues and turning back the clock
More..» 
Home | About Us | Contact Us | Terms & Conditions | Refund Policy | Delivery Policy | Disclaimer | Copyright Policy | Privacy policy |
Partner sites :  chronicleias.com | chronicleindia.in
 

Copyright © 2018 Cgmantra Digital Media Pvt. Ltd.

Feedback

Please Give Your Valuable FEEDBACK To Serve You Better.

  *
  *
  *
  *
  *
Please enter security code, displayed below !
(Note: code should be entered in small letters)