It’s no surprise that since his induction as External Affairs Minister in May 2019, Subrahmanyam Jaishankar has given India’s foreign policy new vigor. As a foreign secretary earlier, he had Prime Minister Narendra Modi’s ear. A former ambassador to both the United States and China, Jaishankar has played a key role in announcing India’s strategic relationship with, respectively, the country’s key geopolitical partner and putative rival.
The contours of Prime Minister Narendra Modi’s foreign policy are now clear. His visit to Saudi Arabia last month had three key objectives. First, to tie the Sunni kingdom into an ever-tighter commercial and security embrace. Two, to ensure that the reaction of the larger Muslim world that often takes its cue from Riyadh remains muted on the revocation of Jammu and Kashmir’s special status following the state’s reorganization on October 31 into two federally administered Union Territories of Jammu & Kashmir and Ladakh. Third, to ensure that Saudi Arabia maintains its neutral stance in the Financial Action Task Force (FATF).
The next FATF meeting is due in February 2020. Pakistan escaped blacklisting at the FATF’s October 2019 plenary in Paris because of the support of China, Malaysia, and Turkey. A minimum of three votes blocking Pakistan’s blacklisting by the 39-member body was needed to save it in Paris. Islamabad got them from Beijing, Kuala Lampur and Ankara.
Esta historia es de la edición November 09, 2019 de Businessworld.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 09, 2019 de Businessworld.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Gauging Trumponomics For India
Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0
Reflections on Consciousness and Creation
Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind
MORE TAKE TO DRIVING IN STYLE
High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.
An ENRiching Outlook
KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence
Paving the Path to a Sustainable Future
Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees
LEADERSHIP TRANSITION AT XIAOMI INDIA
Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus
WEAVING SUSTAINABILITY
Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain
FORCE FOR GOOD
FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives
REIMAGINING TOMORROW
For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders