Versuchen GOLD - Frei
Why Delhi Is Building Bridges With The Gulf
Hindustan Times Navi Mumbai
|January 03, 2025
The changing global landscape—marked by a perceived rebalancing with the US, Russia's setbacks in Syria, and a weaker Iran juxtaposed with a stronger Israel offers new opportunities for India's ties with GCC
Prime Minister (PM) Narendra Modi's recent visit to Kuwait, currently the chair of the Gulf Cooperation Council (GCC), with which India has been negotiating a Free Trade Agreement for the past several years, was significant in the bilateral context and its broader regional connotations. It reflected India's keen desire to expand and strengthen its multidimensional relationship with this vital region, which has traditionally been a dependable partner in India's quest for energy security and accounts for almost 35% of its oil and 70% of its gas imports.
GCC is India's largest trading partner bloc, with trade amounting to over $162 billion in FY 2023-24. Next comes the European Union (EU) with $135.31 billion and the Association of South-east Asian Nations (Asean) with $120.88 billion. Over 8.8 million Indian citizens employed in the Gulf countries send over $40 billion in remittances, contributing significantly to India's economy.
India's outreach to the Gulf countries has significantly transformed over the years. From a relationship primarily focused on crude oil imports and labour exports with minimal political engagement, it has evolved into a multifaceted strategic partnership encompassing increased security and defence cooperation. This transformation started when India began engaging with the Gulf in the early 2000s under its "Look West" policy, recognising the region's growing economic and strategic importance. This further evolved into a more proactive and multi-aligned foreign policy under PM Modi, whose multiple visits to the region covering all countries in the Gulf and beyond further deepened India's strategic, economic, and cultural engagement with the entire West Asia. The Arab leaders responded by their high-level visits to India, thus showing mutual respect and collaboration.
Diese Geschichte stammt aus der January 03, 2025-Ausgabe von Hindustan Times Navi Mumbai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Hindustan Times Navi Mumbai
Hindustan Times Navi Mumbai
Canada signs defence pact with Philippines
Canada and the Philippines, both staunch critics of China's increasingly coercive actions in the disputed South China Sea, signed a key defence agreement on Sunday to boost combat drills and expand security alliances to deter aggression, officials said.
1 min
November 03, 2025
Hindustan Times Navi Mumbai
India’s reforms moment in science and technology
The global landscape is undergoing a profound transformation. Geopolitical alliances are being redrawn, economic borders are tightening and tariffs, technologies, and entire supply chains are being weaponised with impunity. In this new world order, national sovereignty has become synonymous with technological sovereignty.
4 mins
November 03, 2025
Hindustan Times Navi Mumbai
Isro scripts history with heaviest satellite launch
India on Sunday strengthened its space capability as the Indian Space Research Organisation (Isro) successfully launched the Navy's GSAT-7R (CMS-03), the heaviest communication satellite from Indian soil till date, to the Geosynchronous Transfer Orbit (GTO).
3 mins
November 03, 2025
Hindustan Times Navi Mumbai
Infighting and discord plague Oppn, says PM
The Opposition was marred by infighting, with the Rashtriya Janata Dal (RJD) strong-arming the Congress into accepting their candidate as the INDIA bloc’s chief ministerial face, Prime Minister Narendra Modi said on Sunday as he intensified his attack on the Grand Alliance ahead of the first phase of voting in Bihar.
1 min
November 03, 2025
Hindustan Times Navi Mumbai
Ratan Tata’s sisters express worry on Tata Trusts turmoil
Sisters of the late industrialist Ratan Tata have voiced distress over the turmoil at Tata Trusts, describing last week's removal of Mehli Mistry as a retaliatory action by other trustees.
4 mins
November 03, 2025
Hindustan Times Navi Mumbai
INDIA LIFT CUP OF DREAMS
Deepti's fifer, Shafali's show with bat and ball help the women's team win its first ODI World Cup in its third appearance in final
4 mins
November 03, 2025
Hindustan Times Navi Mumbai
Had great ‘G2 meeting’ with Xi: Trump
United States President Donald Trump said on Sunday that his meeting with Chinese President Xi Jinping was “a great one” and would bring lasting peace and success for both nations.
1 min
November 03, 2025
Hindustan Times Navi Mumbai
Experiments with weather modification tech to alter rain patterns on govt radar
The Union government is actively considering experimentation of various weather modification technologies for rain enhancement and suppression for widespread application in a few years.
2 mins
November 03, 2025
Hindustan Times Navi Mumbai
23 dead in Mexico explosion
A supermarket explosion killed at least 23 people in northern Mexico on Saturday, according to local officials, with investigators saying the blast was an accident possibly caused by a faulty electric transformer.
1 mins
November 03, 2025
Hindustan Times Navi Mumbai
Mehli Mistry files caveat against ouster from Tata Trusts
Mehli Mistry has challenged the decision of the Tata Trusts to remove him as a trustee before the Maharashtra Charity Commissioner, and urged the regulatory body to hear his case before approving the decision by the country’s largest philanthropic entities last week.
3 mins
November 03, 2025
Listen
Translate
Change font size
