Anil Trigunayat “Over time the BRICS has expanded its remit to include global and regional challenges from counter terrorism to climate change to sustainable trade, energy security, investment and green development within an equitable matrix.” Amidst the feverish G20 Summit…
India took over the presidency of the over two decades old Shanghai Cooperation Organization (SCO) in September and that of the G-20 in December 2022 for a year at a time when the global tensions due to the Eurasian war and devastating impact of the Covid pandemic were defining the not so flattering contours of the global transitional order or disorder depending from which pivot one looks at it.
As the global churn intensifies, both India and Greece are increasingly looking at the convergences in maritime security, defence, and sustainable development.
In less than a month ( September 9-10), leaders from the world’s most powerful countries will be in New Delhi for the G20 Summit, which for the first time in history will be held under the patronage of an Indian presidency. While the summit will undoubtedly address many of the most pressing issues facing the global community, one topic has been placed at the center of debate —sustainable development.
A recent Reuters report confirms that India has managed to cut its greenhouse emissions rate faster-than-expected — 33% in the past 14 years.
Strengthening cooperation in the cross-border payment systems by enabling integration of transactions between the UAE and India more efficiently, PM Modi's latest UAE visit witnessed the signing of a landmark MoU between the Reserve Bank of India and the Central Bank of the United Arab Emirates to promote the use of local currencies --rupee and dirham-- for cross border transactions. This cooperation will also include the mutual acceptance of domestic card schemes by interlinking national card switches.