In News:The BRICS summit boost to India-Iran ties
1.Discuss how Iran’s inclusion in BRICS could reshape India’s strategic landscape. Discuss the potential economic benefits, geopolitical dynamics, and the challenges of balancing relations with Iran and Western countries in India’s foreign policy.
Iran’s recent inclusion in the BRICS grouping presents a complex and multifaceted scenario for India, with both potential benefits and challenges.
Economic opportunities
● Enhanced trade and investment: BRICS membership can facilitate increased trade and investment between India and Iran, particularly in sectors like energy, pharmaceuticals, and agriculture.
● Infrastructure development: Joint infrastructure projects, such as the Chabahar Port and the International North-South Transport Corridor (INSTC), can boost connectivity and economic growth in the region.
● Energy security: Iran, a major oil and gas producer, can offer a reliable and diverse source of energy for India, reducing its dependence on other suppliers.Projects like the proposed Iran-Oman-India gas pipeline could provide a direct source of natural gas, addressing India’s growing energy needs.
Geopolitical dynamics
● Multipolar world: BRICS offers India a platform to promote a multipolar world, balancing Western dominance in global affairs. By including Iran, India can foster dialogue and reduce tensions in the Middle East, aligning with its regional interests.
● Regional stability: Both India and Iran share concerns about regional stability, particularly regarding extremist groups. Strengthened ties could enhance cooperation on security issues.
● Diversifying Strategic Partnerships: India can diversify its strategic partnerships by engaging more closely with Iran, reducing its reliance on traditional partners.
Challenges in balancing relations
● US sanctions: India’s increased engagement with Iran could strain its relations with the US and potentially lead to secondary sanctions.
● Security concerns: Iran’s involvement in regional conflicts and its nuclear program could pose security challenges for India.
● China’s influence: Iran’s inclusion may enhance China’s leverage in the region, posing challenges for India’s strategic positioning. India must be cautious of aligning too closely with countries that have conflicting interests with its Western partners.
● Internal political considerations: Domestic political pressures within India regarding relations with Iran may arise, especially if there are perceived compromises on issues related to terrorism or human rights.
While Iran’s inclusion in BRICS opens up significant economic opportunities for India and enhances its geopolitical standing, it also presents challenges that require careful navigation of complex international relationships. India’s ability to balance these dynamics will be crucial in shaping its foreign policy moving forward.
PYQ
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Source:
https://www.thehindu.com/opinion/op-ed/the-brics-summit-boost-to-india-iran-ties/article68826431.ece