Manish CHAND (India) The second BRIC summit ended in Brasilia with a clarion call for “a new International order” to accommodate the aspirations of rising powers in International decision-making structures. The leaders of the four top emerging economies, whose share in global economic development has exceeded 50 pc, in Russian […]
South Asia
Restoring Trust in India-Pakistan Relations
Aurobinda MAHAPATRA (India) The prime ministers of India and Pakistan met on the sidelines of the 16th SAARC (South Asian Association for Regional Cooperation) summit in the Bhutanese capital, Thimpu on 29 April 2010 with the main objective of resuming the composite dialogue process that was stalled after the Mumbai […]
BRIC Countries Are Heavily Dependent On the US Dollar System
The most interesting outcome of the last BRIC Summit was the agreement to boost cooperation on the use of local currencies in trade transactions. The agreement between banks in Russia, India, China and Brazil that service import-export operations is intended to measure trade directly in national currencies. This is an […]
Karzai Mobilizes Regional Support
The Afghan President Hamid Karzai’s two-day visit to New Delhi on April 26 helped underscore that the strategic relationship between the two neighboring countries is much more than a sideshow of their troubled ties with Pakistan. Not once did the Indian Prime Minister Manmohan Singh or the visiting dignitary care […]
Is BRIC Triggering “New Thinking”?
On the eve of BRIC Alliance Summit opening tomorrow in Brasil we are republishing a last-year article by the German observer Michael LIEBIG as an introduction for coming analysis… The BRIC countries – Brazil, Russia, India, and China – are no longer content with being invited to the G20 and […]
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