India's Foreign Policy and BRICS
13 Pages Posted: 31 Jan 2017 Last revised: 10 Apr 2017
Date Written: January 31, 2017
Since the 1990’s, India’s foreign policy has gone through transformation in harmony with the changing global scenario. The disintegration of USSR, demise of the bipolar world and domestic economic problems impelled India to realign its foreign policy and fine-tune its foreign relations of the earlier decades. In modern world of globalization, India has improved its relations with United States and other western countries, established relations with Israel and embraced multilateralism, to solve its major problems on the economic front. India has made progress toward participating in regional multilateral arrangements in both the economic and security realms. It has also expressed support for some major principles of multilateral cooperation. BRICS is one such institution formed for new world order of multilateralism and realigning political grouping BRICS have come together in a political grouping in a way that has far exceeded most expectations. For India, co-operation with the BRICS is more important in terms of addressing its food and energy security issues, and combating terrorism. Engaging China has been one of the important components of India’s foreign policy in recent years. In spite of diversity in culture, geography and political system common interest of development and security in new emerging world order can make this institution even more relevant. The BRICS holds promise of greater understanding and cooperation among the member States also it may develop forum for solving bilateral issues also.
Keywords: Multilateralism, Growth, Economy, Security, Cyber, Terrorism
JEL Classification: F59
Suggested Citation: Suggested Citation