‘Strategic realism’ with ‘economic pragmatism’ — a former diplomat on ‘creative’ economic diplomacy
In fact, the larger framework for economic diplomacy should seek to balance commercial outreach with broader strategic foreign policy aims. Diplomats have moved from promoting trade agreements to more innovative means of dealing with a world in flux. The traditional instruments of promoting investment, exports and tourism have to be supplemented with additional pathways for achieving the national interest.
Why Modi must try & make peace
The planetary turmoil is not new. India has deftly navigated a world where power dynamics have shifted from bipolarity to unipolarity to the current multipolarity of sorts, where India also aspires to be a pole. But the current decade has frontloaded the shocks: a global pandemic; an economic meltdown; wars in Ukraine and Gaza; and the looming threat of another conflict theatre around Taiwan.