ONDC is a novel initiative that has still not been attempted anywhere else in the world. However, looking at the potential value that this initiative can generate, its success will be greatly beneficial for the digital economy of the country.
The days of “benign neglect” of our exchange rate policy are over. Nepal’s macroeconomic fundamentals — record reserves, stable remittance inflows, a gradually diversifying trade base — have quietly put in place the foundation for reform. What is missing is the political will to act on it.
The major bilateral issue is border security and management. While India claims that millions of Bangladeshis enter India illegally, reside and work here, Bangladesh dismisses that contention outright, saying that as their per capita income was higher than India’s, there was no reason for economic migration from Bangladesh to India.
The Indus and the Ganges are dying slowly, and with them disappear species that evolved over thousands of years within these waters. If current patterns continue, future generations may inherit rivers that exist geographically but are biologically empty. South Asia still has an opportunity to reverse this trajectory, but only if environmental protection becomes a shared regional priority rather than an afterthought.
Nearly 80% of Asia’s energy imports and a large portion of global container traffic move through the Indian Ocean. With conflicts in the Middle East, disruptions in the Red Sea, and increasing great-power competition, freight security has become a strategic economic issue. Sri Lanka is positioning itself not merely as a recipient of investment, but as a regional connector between South Asia, Southeast Asia, and island maritime states.
ONDC is a novel initiative that has still not been attempted anywhere else in the world. However, looking at the potential value that this initiative can generate, its success will be greatly beneficial for the digital economy of the country.
In the last two years, both countries have had 18 bilateral visits; Bangladesh sent 7 delegations to the US while the US sent 11 delegations, including the latest visit of Assistant Secretary of State Donald Lu.
With constant attacks on CPEC projects and Chinese workers, protests breaking out across the nation against economic hardships, and an increase in internal terrorism, Islamabad is being forced to ramp up its military even while it is being spread thin due to increasing crisis points requiring its attention.
Afghanistan is important to India’s continental economic aspirations, including closer ties with Central Asia and Iran. These goals are currently hampered by Pakistan’s blockade of Indian access to the region.
Between 2008 and 2021, the sectoral economic transition witnessed in most countries in South Asia - and in other parts of Asia - has reduced the sectoral share of GDP in agriculture and also the employment burden on agriculture in most countries. This trend, however, changed in the wake of Covid -19 when the share of agriculture in GDP in countries rose along with share of employment.
As of December 2022, the total dues to developing countries by developed countries stand at about USD 1 trillion whereas only about USD 10 billion have been disbursed through Green Climate Fund till now.
Bangladesh always has had good terms with the US and is one of the largest recipients of US government and private aid. But as the geopolitics of the Indo-Pacific region becomes heated, it has brought in its wake diverse interests that Bangladesh is not ready to cater to as yet.
The question is whether Adani, also the world's third richest man, is also sensing shifting political sands in India and is preparing to stabilize himself so as not to trip if such an eventuality comes to be. The answer will unfold over several months until 2024.
With the Communists back in power in Kathmandu, China will be able to push its own agenda, as well as that of Pakistan, in Nepal. It has cross-border ramifications for India at the tactical level, as well as larger ones at the strategic level when seen in concert with Chinese moves in Bhutan and Myanmar.
As Bhutan celebrates 50 years of introducing Gross National Happiness to the world, it has had a sizable impact on the political, social, environmental, and economic aspects of Bhutan. It is time for the world to give the concept more importance and conduct research on it.
Delhi views Munir as a hardliner; so it is expected the COAS may use all resources against India to tarnish India`s image through information warfare or other means to perpetuate friction.
The US would love an India-China war - India becoming the Ukraine of the Indo-Pacific. The US administration would be ready to sell any amount of weaponry to India – nothing gratis of course.
The human security status of Sri Lanka has depreciated due to deep-seated and pervasive issues linked to the country's economy and politics. To overcome pressing challenges related to human security, the government needs to have a well-designed policy framework in place.
The right-wing and Islamist political forces that have always maintained connections with violent extremist forces are exerting their influence in Bangladeshi society. This is an ominous sign in this part of the world.
The political events, including those inside the once monolith MDP, are playing out at a time when Defence Minister Mariya Didi claimed that the recent raids, arrests and explosives seizure in capital Male and southern Addu City related to the "most dangerous terror-plot" in the country.