The New World Order is not turning out as planned. Instead of all power emanating from London and Washington, new power centres are emerging to the South and East: a new global equilibrium raises the possibility of a new post-imperial age of peace and equality between nations.
“Modi visualizes the development of India-China relationship as far beyond a bilateral partnership. He wishes it to develop as a major factor in regional and world politics and the emerging world order, augmenting the capacity of the two Asian powers to influence the international system in a profound fashion”.
The Prime Minister Narendra Modi’s interaction with the Chinese media on Tuesday in New Delhi was a customary practice that was to be expected on the eve of the visit of President Xi Jinping. But such occasions often serve a purpose in setting the right mood for the upcoming event for the visiting dignitary.
The two-day summit of the Shanghai Cooperation Organization (SCO) kicked off on Thursday in Dushanbe, capital of Tajikistan, with the possibility of China joining the Eurasian Development Bank (EADB), anti-terrorism and expanding SCO membership expected to be high on the agenda, said analysts.
Integration in Latin America is moving forward with missteps, contradictions of peripheral capitalism and the strong opposition from the United States. However, the prompt implementation of the Banco del Sur in partnership with the new development bank of the BRICS could call into question the financial dominance of Washington in the region and strengthen the integration dream of the economies of the South.
A lot of preparation is going into the visit of Chinese President Xi Jinping to India next month. It is difficult to recall such dense traffic in the run up to a high level India-China exchange. It must be the ‘Modi effect’– suffice to say, Beijing is approaching Xi’s visit with high expectations of a historic breakthrough in relations with India.
“The fact of the matter is that the headlong plunge into a new level of military involvement in the Middle East (Iraq) and Eurasia (Ukraine) incapacitates the US from advancing the rebalance strategy in Asia and China is taking advantage of it. Wang’s meeting with the US secretary of state John Kerry in Myanmar yesterday gives a flavor of the Chinese confidence that the Barack Obama administration has its hands full during the remaining period of the presidency (until end-2016) and comes under compulsion to “respect China’s legitimate rights and interests” in the Asia-Pacific and to enter into a constructive engagement with China.” So much for Obama’s grand pivot to China initiative!
M.K.Bhadrakumar Indian Punchline 10th August, 2014 The frequency of high-level interaction between India and China has perceptibly increased since the new government led by Prime Minister Narendra Modi took over in late May. This cannot but be viewed as signaling the Modi government’s foreign-policy priority, although Beijing set the ball rolling with the extraordinary diplomatic move to depute China’s foreign minister Wang Yi to Delhi in early June in a manifest desire and sense of urgency to open lines of communication with the new Indian leadership.
On July 27th, in Paris, as part of the Euro-BRICS project, representatives of NKI BRICS and LEAP met in order to discuss interesting perspectives of cooperation. NKI-BRICS’ website reports:
L’Argentine a été invitée à la dernière réunion des BRICS à Fortaleza, du 14 au 16 juillet 2014. A cette occasion, Cristina Fernández de Kirchner, Présidente de l’Argentine, n’a pas évoqué, sauf à mots couverts, le défaut de paiement qui menaçait son pays. L’occasion aurait cependant été bonne pour elle de dénoncer le jeu des spéculateurs américains (notamment les fameux fonds vautours), soutenus par la législation des États-Unis, qui s’acharnent sur un pays fragile.
Prime Minister Narendra Modi has drawn big criticism from the United States on account of the firm stand India took at the World Trade Organization negotiations, insisting that its concerns about food security needed to be accommodated if India were to go along with the so-called trade facilitation agreement. Overnight the smile has vanished from Uncle Sam’s face.
In These New Times 