Unit 6
Unit 6
Unit 6
INTRODUCTION
India is playing a decreasingly large part in the new multipolar world. India has a middle power status
and an arising power mindset. The arising multipolar world presents openings as well as challenges for
India's foreign policy. A multipolar world defined by geopolitics allows India to advance its public
interest and leadership intentions by furnishing global interdependence, pursuing a laboriously
participated leadership of global governance, and creating a positive indigenous terrain that provides
further options for improvement. Profitable interdependence in a multipolar world is multifaceted and
complex. The arising multipolar world offers openings as well as challenges for India's foreign policy.
WHAT’S MULTIPOLAR?
A multipolar world is one where power is spread among multiple countries, rather than dominated by
one or two countries. For the duration of the Cold War, the world was separated into two major power
blocs, considered by some leading judges to be a 'bipolar' world. Moment's world is witnessing the rise
of new and different global powers able of plying influence in both global requests and global
governance. The multicentre/ multipolar world is shaped not only by a many great powers and their
alliances but also by new and indigenous powers, global associations, pots, social movements and
terrorist networks. Thus,what an arising multipolar world could mean for the world's leading global
trading bloc and profitable power, the European Union, BRICS, and SCO.
ABOUT EU
The European Union is a political profitable union of 28 member state that's located primarily in
Europe. 19 of these use Euro as their official currency.
The institutions are the European commission, the council of the European Union, the court of
justice of the European Union, the European central bank, the court of adjudicators and the
European congress.
The European congress is tagged every five times by EU citizen.
The Maastricht convention established the European Union under its current name in 1993 and
introduced the European citizenship.
The convention of Lisbon came into force in 2009 which seeks to amend indigenous base for the
EU.
GOALS OF EU
Promote peace, values and the well- being of all citizens of EU.
Offer freedom, security and justice without internal borders
Sustainable development grounded on balanced profitable growth and price stability, a largely
competitive request frugality with full employment and social progress, and environmental
protection
Promote scientific and technological progress
Respect its rich artistic and verbal
INDIA-EU RELATIONS
The EU began as an internal design. Its purpose was to make war insolvable in Europe by unifying
European countries economically and politically. The European Union is a multinational association by
itís veritably nature and its view of the world is that of multilateralism.
India-EU relations date back to the early 1960s, India was one of the primary countries to set up politic
relations with the European Economic. Further, from the Indian point of vision, collaboration with the
EU can support peace, create jobs, goad gainful growth and drive sustainable development. Thus, the EU
and India feel to be natural mates and they need to take advantage of the being openings.
The communication aims to strengthen the EU-India strategic cooperation by fastening on sustainable
modernization and common responses to global and indigenous issues. The European Union is a natural
mate in supporting India's sustainable development.
India and the EU will put particular emphasis on social, profitable, financial, climate and environmental
sustainability, as well as translucency, viability, good governance, and icing a position playing field for
profitable drivers. Equally fete that alignment with expressed interests of concerned communities and
separate social and environmental impact assessments are of vital significance for all connectivity
programs and conduct.
Minister Jaishankar said that connectivity is now one of the crucial pillars of engagement between India
and the European Union. Physical connectivity should be global, transparent, commercially feasible, eco-
friendly, community-responsive and shouldn't burden countries with debt. Mortal commerce is also
important because the knowledge frugality requires an affluence of gift, which in turn can help with ease
of doing business and the development of creativity. Digital connectivity can also be an area of India-EU
cooperation as there's a strong confluence on data security, cyber security and data sequestration.
As an arising global power, India plays an important part in the present multipolar world. Thus, to
maintain a rules- grounded global order, it's important that the EU and India apply effective
multilateralism and global profitable governance. By enhancing political, profitable, security, maritime
and defense cooperation, India and the European Union can enhance dialogue between the world's two
largest republics. The rise of multipolarity between India and the EU could give a new system to address
this reality while continuing to cover core popular values. In this changing world order with changing
rules, a new' compact' with suitable morals and frame may be discovered to give a new motivation to
India-EU relations.
EU-INDIA SUMMIT
The first India-EU Summit took place in Lisbon in June 2000 and marked a watershed in the evolution of
the relationship.
The 12th Summit was the first Summit to be held in India after the entry into force of the Lisbon Treaty.
‘Prime Minister Shri Manmohan Singh led the Indian delegation while the EU was represented by Mr.
Herman Van Rompuy. The 13th summit was held in Brussels in 2013. This is even truer at a time when
the COVID-19 pandemic has intensified global polarization, highlighting the importance of solidarity and
effective multilateral solutions in a rapidly changing world. Next, with the US exiting the Paris climate
accord, India and the EU will benefit from joint leadership on global governance matters such as climate
change, clean energy, or the circular economy. And lastly, India and the EU must lead the discussion on
multilateral solutions to today's major challenges from regulation of emerging technologies to the digital
economy, from cyber security to global public health security. On these matters, India and the EU have
the credentials to be the standard setters for fair discussion and dialogue. Starting with the 15 th EU-India
Summit 2020, he should encourage his allies and the global community to follow his vision.
As the COVID-19 pandemic and its aftermath increase tensions between the US and China, efforts to
reform and rebuild a multilateral world order is just beginning. India and the European Union being the
largest democracies and home to some of the oldest democracies respectively are in a unique position
to lead this effort. Now is the time for the EU and India to enhance cooperation, strengthen and deepen
their dialogue, and work towards protecting a rules-based global order that facilitates sustainable
development, security and stability. As India hosts the G20, 2022 in Indonesia, the virtual India-EU
Summit on 15 July is a step towards India aligning itself for a bigger and more diversified role in the
emerging world order.
Recently, India and the European Union concluded the first round of negotiations for India-EU
Trade and Investment Agreements in New Delhi. The second round of negotiations took place
in September 2022 in Brussels.
WAYS FORWARD
Geo-Economic Cooperation: India can pursue EU countries to engage in Indo-pacific narrative,
geo-economically if not from security prism. It can mobilise massive economic resources for
sustainable development of regional infrastructure, wield political influence and leverage its
significant soft power to shape the Indo-Pacific discourse.
Finalisation of Indo-EU BTIA Treaty: India and the European Union have been negotiating a
free trade deal, but it is pending since 2007.Therefore, for closer convergence between India
and the EU, both should engage in finalisation of the trade deal as soon as possible.
Collaborating With Important Players:
o India’s partnership with France now has a strong regional anchor in the Indo-Pacific
narrative.
o India is also engaged in negotiations for a trade pact with the UK.
2. BRICS
The term BRIC (Brazil, Russia, India and China) was first coined in 2001 by the chief economist at
Goldman Sachs to refer to an exercise in forecasting global economic trends over the next half century.
BRIC as a forum was formalized in September 2006 with the meeting of foreign ministers of four
countries on the margins of the United Nations General Assembly in New York. The inaugural BRIC
summit took place in Yekaterinburg, Russia, in 2009. On December 24, 2010, South Africa was invited to
join the Forum following an agreement among BRIC presidents, and BRICS was born.
SIGNIFICANCE OF BRICS FOR INDIA
i. Geopolitics: Global geopolitics today represents a matter of tug of war and India finds itself
in the middle of it. This has made it difficult for India to find a middle ground between the
US and the Russia-China axis to balance its strategic interests. The BRICS platform therefore
provides an opportunity for India to balance the Russia-China axis.
ii. Global Economic Order: The BRICS countries shared a common objective of reforming the
international financial and monetary system, with a strong desire to create a more just and
balanced international order. To this end, the BRICS community plays an important role in
the G20 in shaping global economic policies and promoting financial stability.
iii. Voice of Developing Nations: As Western countries raise challenges on issues ranging from
the World Trade Organization to climate change, developing countries are being crippled by
the onslaught of these policies. In the recent period, BRICS has emerged as the voice of
developing countries or the worldwide South and is playing a vital role in protecting the
rights of developing countries.
iv. Terrorism: BRICS also provides a stage for India to intensify its efforts against terrorism and
has worked within the grouping to take a strong stand against terrorism and bring paying
attention consultations on definite aspects related to terrorism.
v. Global Grouping: India is actively pursuing its membership to the United Nations Security
Council (UNSC) and the Nuclear Suppliers Group (NSG). China is the leading problem in
achieving such goals. BRICS therefore provides an opportunity to engage actively with China
and determine mutual disputes. It also helps in securing the support of other partner
countries.
a) Political and Security: Development in the global political space for peace, security and prosperity, to
enhance cooperation and dialogue on issues of global and regional security. Our priorities under this
pillar are:
reform of the multilateral system
counter terrorism cooperation
b) Economic and Financial: Expansion of intra-BRICS cooperation in areas such as commerce, agriculture,
infrastructure, small and medium enterprises, energy, finance, and banking to promote economic
growth and development for mutual prosperity. Recognizing the benefits of employing technological
and digital solutions to help the BRICS countries meet the Sustainable Development Goals, special
attention was paid to:
Implementation of the BRICS Economic Partnership Strategy 2020-25.
Operationalization of BRICS Agricultural Research Forum.
Collaboration on Disaster Resilience.
Innovation collaboration.
Digital health and traditional medicine
c) Cultural and people- to- people exchange: To improve intra-BRICS people to people contacts in
academic, cultural, sports, youth, business, throughout usual contacts. Exchanges among young
scientists, Parliamentarians etc. are also held under this pillar of BRICS collaboration. As Chair, India
worked on specific deliverables across all three pillars of intra-BRICS cooperation in 2021.
India has proposed crucial tasks in order to enhance intra-BRICS cooperation. Those tasks relate to
online schooling, a virtual BRICS university, cooperation in small and medium enterprises, tourism etc.
Because they face numerous similar and distinct issues, the BRICS countries must work together to
develop cost-effective, reasonable, attainable, sustainable, and scalable scientific solutions. He stated
that BRICS account for 41% of the global population with an increasing number of youth and that the
promise demonstrated by young scientists must be given its due in the global arena. The Indian Prime
Minister has made a strong commitment to strengthening the collaboration among BRICS countries in
this critical area of science, technology, and innovation, which directly affects the welfare and
development of all of our peoples.
So far 13th BRICS Summits have taken place. First BRICS Summit was held in Yekaterinburg, Russia on
June 16, 2009. The 13th BRICS Summit held under Indiaís Chair ship on 09 September 2021. It had the
third time that India had been hosting the BRICS Summit after 2012 and 2016.
It is observed that BRICS has evolved to be recognized as an important group. Though, there remains a
certain area that must be prioritized to maintain the relevance of the group. First, the world economy is
witnessing an increasing trend towards protectionism, creating fears of a 'trade war' between countries.
In such a fluid situation, BRICS needs to work jointly to expedite the implementation of commitments at
various summits, especially an open and inclusive global trading system with non-discrimination,
transparency and rulesbased multilateral trading system sustaining the economy. Second, there needs
to be an equal emphasis on the reform of the permanent membership of the UNSC, as well as the
reform of other economic and financial institutions, in order to achieve its mandate of a uniform
international order in true spirit.
Overall, there should be continued efforts by BRICS countries to maintain a cohesive stand on a range of
issues of socio-economic importance, including reforms in global governance for greater representation
of developing countries, agriculture, science and technology, education and health, and Coordinating
positions in a number of international fora, including the World Trade Organisation, the G20, and others,
in particular to stem the rising tide of xvprotectionism.
CONCLUSION