India is set to join the 9th summit of the Brazil-Russia-India-China-South Africa (BRICS) on Sunday. Analysts claim that having benefited from open trade and investments, India is unlikely to let geopolitics, or its close ties with Washington, come in the way of co-joining China and the emerging economies in fostering a new wave of globalization.
In view of the impression that Washington may be abdicating its role as the leader of globalization, the Chinese wish to convey that the emerging economies are well positioned to lead a perceived post-US world.
Notwithstanding major points of convergence on a global canvas, a possible one-on-one meeting between President Xi and Prime Minister Narendra Modi, to give a fresh and positive direction to the pivotal China-Indian relationship would be keenly watched.
Apart from the emerging countries, the region, including South Asia and the 10-nation Association of South East Asian Nations (ASEAN), would have a special interest in picking new signals shaping New Delhi-Beijing ties.
Of late, India’s pursuit of the Indo-Pacific doctrine, was focused on an energetic engagement of the ASEAN and island territories in the Pacific, with a strong Indian presence, is feeding into the broadening India-China equation.
Despite rejection of terrorism, India has been calling for the early endorsement of the UN convention of terrorism. The Chinese are opposed to any formulation that would indirectly slam the role of Pakistan in global terrorism.
Cyber security is likely to emerge as another important topic in the Xiamen summit. India, on its part, is keen on promoting digital economy, and is likely to back the existing working group on Information and Communication Technology (ICT), to comprehensively examine all aspects of cyber security.
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