As India's revised FDI policy pertaining to its neighbouring countries faced criticism from China, US-Iran tensions also resurfaced in the wake of the COVID-19 pandemic. Is India now in a position of strength with the revised FDI policy to deal with China? Given China's aggressive response calling the revision discriminatory, was there scope for India to protect its companies using different measures? Why are US-Iran tensions resurfacing while both countries are invested in battling the pandemic domestically? What can be the repercussions of these increased US-Iran tensions in the Persian Gulf? What can be said regarding US President Trump's comment about injecting disinfectants in patients to cure COVID-19? Why is there reluctance among countries in Europe in accepting EU's bailout packages?
In this episode of Ideas Factory, Naghma Sahar, Senior Fellow at ORF in conversation with Harsh V. Pant, Director of Studies and Head of Strategic Studies Programme at ORF, discusses the increased India-China and US-Iran tensions as a consequence of the pandemic and their impact on the changing dynamics of global governance and trade.
#USvsIran #FDI #COVID19India #IndiavsChina #2008FinancialCrisis #NorthSouthDivide #CoronaCrisis #COVID19Pandemic
