June 06 PGII is an infrastructure plan which was first announced in 2021 during the G7 summit in the UK. Though the US President had earlier called it the Build Back Better World (B3W) framework, it is now known as PGII. (G7 or Group of Seven, includes the UK, the US, Canada, France, Germany, Italy, Japan, and the EU). In 2022, the PGII was officially launched as a joint initiative of G7 (during the G7 summit in Germany) to help fund infrastructure projects in developing countries through public and private...
June 01 China Plus One Strategy (C+1) is a diversification and smooth supply chain strategy that encourages companies to diversify their supply chain and manufacturing activities away from China to any other country. Under China+1, multinational companies are asked to seek alternative manufacturing countries apart from China. The strategy encourages companies to minimize their supply chain dependency on China and asks them to diversify the countries they source parts from. The strategy emerged in 2013 due to concerns about global...
May 14 India is experiencing fast changing geopolitics which may bring its benefits and issues before the country. USA has been describing India as one of the most important partners till 2023 but with the beginning of 2024 things have changed dramatically. First, USA urged Canada to investigate the alleged role of India in the murder of Khalistan Separatist Hardeep singh nijjar and it shields Khalistani separatist Gurpatwant singh Pannu who is an US citizen, also holding citizenship of Canada. USA has also accused India of...
May 09 Russia has claimed that the United States is trying to interfere in India's parliamentary elections and "unbalance" the internal political situation in the country. USA has been accusing India of it’s role in the attempt to murder plot of Khalistani separatist Gurpatwant Singh pannu but Russia has supported India and said the US was yet to provide "reliable evidence" of any Indian involvement in that attempt and any speculation on this topic in the absence of evidence is unacceptable. A US...
November 17 Global south represents the group of countries located in the southern hemisphere of the earth who have been victims of poverty, colonial exploitation and lack of development. VOGSS or Voice of Global South Summit is an unique initiative that brought together 125 countries of the Global South to share their perspectives and priorities on a common platform. India will host the 2nd Voice of Global South Summit on Friday, November 17th, in a virtual format which will be the second time since January this year. India...
July 19 Indo-Pacific Economic Framework (IPEF) was launched by the US in 2022 as a significant step towards establishing free and fair trade with the nations of the Indo-Pacific region. Presently, there are 13 member countries in this framework including India which account for 40% of the global GDP and 28% of the global trade. Through this initiative, the IPEF partners aim to contribute to cooperation capability, prosperity, development, and peace within the region. Moreover, it is aiming towards advancing resilience, sustainability,...
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