The Oil-Price Shocks of 1970s and 80s catalyzed the modern energy policy world over. This time yet again, with environmental concerns gaining prominence and change in geopolitical landscape, global energy space is experiencing a watershed moment. Earlier, the UN Framework Convention on Climate Change set a comprehensive, long-tenure objective to control greenhouse-gas emissions and the anthropogenic climate change; and with old players giving strong competition post their comeback in the market- the sector has been subject to tough, if not tumultuous, fluctuations. Additionally, for long, environmentalists had hoped a reversal in natural resource extraction activities, by switching to renewables- but […]
Category: Russia
India’s Foreign Policy in the New Eurasian Discourse— Re-Connecting Central Asia
2018 has begun on a high note for India— with top diplomatic meets organized with key Eurasian State-Leaders. Be it Indian Prime Minister visiting West Asia or Iran signing a dozen MoUs with India or Jordan’s King Abdullah exploring India-Jordan relations in a three-day visit. All, in recent times, highlight India’s active persuasion of Eurasian nations— Russia, Central Asia and West Asia to be more specific. Given the abundance of hydrocarbons and their strategic location on the world map, it is natural for India, an emerging global power— albeit with scanty energy resources, to seek bilateral ties in the region. […]