I would like to draw attention of DFI members to the rapidly evolving major financial and strategic scenario around India. Seems India is joining BCIM (Bangla Desh -China-India-Myanmar) business corridor and the MARITME silk road with Kolkata included as a port.
China is cooperating with India on including India's "project Mausam" in the scheme of Maritime silk road ,thus, treating India as an equal partner. Soon the border dispute may be solved as both nations are working harmoniously to come to an agreement.
The rush to join Asian Infrastructure Investment Bank is indicative of a rising competing model to World bank. India, Russia, Indonesia, Pakistan and other many Asian nations have already joined the Bank and now, England, France, Germany are falling over each other to join the Bank.
Folks, this is a very significant change in global financial order and likely to have a huge impact on world trade. China has already signed with Russia World's largest ever oil deal worth $400 billion with rumors that this pipeline can potential be extended to India in the future.
These changes are happening rapidly and may have serious implications for the hegemonistic current powers and challenge their monopoly over global trade and Geo-politics. P.M. Mr. Modi is going to China for a state visit in May to finalize some major plans.
Would you like to comment on the repercussions of this rapidly evolving scenario and its effect on India's trade and security situation ?
China is cooperating with India on including India's "project Mausam" in the scheme of Maritime silk road ,thus, treating India as an equal partner. Soon the border dispute may be solved as both nations are working harmoniously to come to an agreement.
The rush to join Asian Infrastructure Investment Bank is indicative of a rising competing model to World bank. India, Russia, Indonesia, Pakistan and other many Asian nations have already joined the Bank and now, England, France, Germany are falling over each other to join the Bank.
Folks, this is a very significant change in global financial order and likely to have a huge impact on world trade. China has already signed with Russia World's largest ever oil deal worth $400 billion with rumors that this pipeline can potential be extended to India in the future.
These changes are happening rapidly and may have serious implications for the hegemonistic current powers and challenge their monopoly over global trade and Geo-politics. P.M. Mr. Modi is going to China for a state visit in May to finalize some major plans.
Would you like to comment on the repercussions of this rapidly evolving scenario and its effect on India's trade and security situation ?
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