Over the past several weeks, a number of important developments have taken place which may appear disconnected at a glance but in fact add up to a significant shift in regional and global geopolitics.
ONE, the withdrawal of US and NATO forces from Afghanistan and the complete takeover of the country by the Taliban. This resulted in chaos and overall disruption of the semblance of peace the country earlier possessed. With the Taliban claiming the residents of the country are happy with their takeover and the disrupted president on the run, the future of the country appears in shambles.
TWO, significant domestic political changes in the People’s Republic Of China. This includes the ideological and regulatory assault against its dynamic private high-tech companies and now recently, its real estate companies. As a result, it has a heightened risk perception among international business and industries which had seen China as a huge commercial opportunity until now. While the economical affairs of the country are entirely their own to manage and govern, there will be a lasting impact on the general job opportunities.
THREE, the announcement of the Australia-UK and US (AUKUS) alliance which represents a major departure in US strategy by its commitment to enable Australia to join a handful of countries with nuclear submarines. The alliance clearly portraits Australia’s strategic choice to firmly support USA despite its considerable economic and commercial equation in China.
FOUR, the convening of the four nation Quad physical summit (India, Australia, Japan and the US) IN Washington. This reflected a major step towards its formalization as an influential grouping in the Indo-Pacific going beyond boundaries and into a personal level of safeguarding.
These four developments together present India with both risks and opportunities. While the latter outweighs the risks henceforth. It would indeed be fitting to say a future of uncertainties awaits the entire world. Are these measurements a preparation of the unseen future or simply precautions is something only time will reveal.
Written by : Ananya Kaushal