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IMEC IS CAUGHT BETWEEN COMMERCE AND GEOPOLITICS Syllabus: GS 2: India and its Neighbourhood. Global Groupings and India’s interest. Why in the News? The ongoing Iran conflict and disruptions around the Strait of Hormuz have revived debates on secure global connectivity. The crisis has highlighted vulnerabilities in existing trade routes while simultaneously strengthening the strategic …
Read MoreCARBON BORDER TAXES AND INDIA’S TRADE CHALLENGE Syllabus: GS 3: Environment and conservation. Carbon Tax Why in the News? The European Union’s Carbon Border Adjustment Mechanism (CBAM) entered its definitive phase in January 2026, reshaping global trade by linking market access with carbon emissions compliance. CLIMATE CHANGE AND INTERNATIONAL TRADE ● Climate-Trade Nexus: Increasing integration …
Read MoreIndia And U.S. Stress Secure Maritime Trade Routes Why in the News ? During the visit of U.S. Secretary of State Marco Rubio to India, both countries emphasised the need for safe and unimpeded maritime commerce, particularly amid tensions in the Strait of Hormuz and disruptions caused by the West Asia conflict. India-U.S. Strategic Partnership …
Read MoreTRADE, SUPPLY CHAINS AND ECONOMIC STATECRAFT Syllabus: GS 3: Indian economy and related issues. Balance of Payment . Why in the News? Rising geopolitical tensions, supply-chain disruptions, tariff wars, and strategic competition between major powers have transformed trade, technology, and economic networks into central instruments of global power politics. INDIA’S STRATEGIC AUTONOMY ● Non-Alignment …
Read MoreU.S. Tariffs and WTO Crisis Syllabus GS 3: International Trade Why in the News? Recently, the United States imposed temporary import surcharges under Section 122 after a Supreme Court ruling, while launching Section 301 probes, raising concerns about WTO rule violations and global trade fairness. Introduction Recent actions by the United States on tariffs have …
Read MoreRupee Stability Demands Export-Led Economic Rebalancing Why in the News? Despite high GDP growth, low inflation, and a manageable fiscal deficit, the Indian rupee has emerged as Asia’s worst-performing currency. Falling FDI, sustained FPI outflows, and a widening trade deficit have raised concerns about India’s overdependence on volatile capital inflows to stabilise its currency. India’s …
Read MoreChina, ASEAN Sign Upgraded Free Trade Agreement with Focus on Emissions Trading Why in News ? China and the ASEAN bloc have signed an upgraded version of their Free Trade Agreement (FTA 3.0) in Kuala Lumpur, focusing on digital economy, green growth, and supply chain integration amid rising U.S. tariffs targeting both sides. The new …
Read MoreAdapting the India-Middle East-Europe Corridor Future Why in the News? The India-Middle East-Europe Economic Corridor (IMEC), launched during the G-20 Summit 2023, faces uncertainty due to ongoing West Asian conflicts. Experts emphasize the need for adaptive strategies to sustain connectivity between India, the Middle East, and Europe amid shifting geopolitical realities and the evolving global …
Read MoreSyllabus GS 2: India and its neighborhood Why in the News? Recently, United States has imposed a 25% reciprocal tariff and an additional 25% penal levy on India’s exports, citing oil imports from Russia, potentially impacting India’s trade balance, GDP growth, and external stability. Introduction United States has recently imposed two significant trade measures against …
Read MoreWhy in the News ? Turkey recently closed the Dardanelles Strait to shipping traffic due to forest fires in the surrounding areas, highlighting its strategic importance in global maritime navigation and regional security. Recent Closure and Strategic Significance: Turkey halted shipping traffic through the Dardanelles Strait amid forest fire hazards. The strait is a key …
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