Comment & Briefs

Depletion in foreign reserves has led to uncertainty about Sri Lankan government’s ability to account for import of essential items and debt servicing. Analyses of government’s policy measures and global geopolitical-economic developments suggest that a state of uncertainty is hovering over Sri Lankan economy.

The recent Joint Statement issued after the Quad Foreign Ministers’ meeting in Melbourne indicates the grouping’s drive towards institutionalisation and coming close to achieving a concrete mandate for its existence.

Outlining Pakistan’s vision and global engagement in the context of strategic and security trends, the recently released National Security Policy of Pakistan also acknowledges a serious need for a robust water management mechanism and an inclusive climate change policy.

Recent developments indicate that the pro-China lobby has turned weak within Japan’s ruling Liberal Democratic Party. The changed internal party dynamics is likely to immensely help Prime Minister Fumio Kishida carry forward his defence and foreign policy agenda.

With the failure of moderates’ Western outreach in the aftermath of US withdrawal from the JCPOA, the conservatives, now in power in Iran, are looking for a long-term partnership with Russia which would bring stability in their shared neighbourhood, geoeconomic opportunities and also weaken the influence of moderates and reformists.

The BrahMos deal with the Philippines marks a convergence between India’s Act East and Defence Export policies and adds to its profile as a reliable defence partner in the Indo-Pacific.

Cyberconflict in Ukraine has become normalised in that it is focused, there is no lasting damage, and it effectively conveys a sense of helplessness to the affected government and population. At the same time, it signals to other governments that they are not impervious to such attacks.

The Indo-Pacific construct has significantly enhanced the strategic salience of both India and Australia in a multipolar region. While the two nations have considerably deepened their strategic partnership, there is scope for much more improvement in several sectors.

The decline in terrorist incidents and reduction in infiltration from across the border is no doubt a positive development but this alone cannot guarantee peace in Jammu and Kashmir. Strengthening of democratic institutions at the grassroots level is also required.

Indian interventions on the subject of peacekeeping is a testimony to its abiding interest not only in the workings of the peacekeeping mechanism but also in the global governance of peacekeeping.