* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, October 16, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    This Haunting ‘60s Country Song Is Even More Tragic Than You Remember – Yahoo

    This Haunting ’60s Country Song Will Break Your Heart All Over Again

    Arts/Entertainment: ‘Wait Until Dark’ brings spooky season center stage – Times Herald Online

    Wait Until Dark’ Delivers Chilling Thrills Perfect for the Spooky Season

    Bluesman James Montgomery Will Perform In Falmouth – CapeNews.net

    Blues Legend James Montgomery Ready to Ignite the Stage in Falmouth

    Mexican singer Pedro Fernández to make Ave Fénix tour stop in Stockton. Tickets, schedule – Yahoo

    Mexican Singer Pedro Fernández Brings the Ave Fénix Tour to Stockton – Don’t Miss It!

    Flutter Entertainment’s SWOT Analysis: Uncovering the Growth Potential Amid Challenges

    Dylan Efron Shares Sweet ‘DWTS’ Rehearsal Photos Featuring His Little Sister Olivia – yahoo.com

    Dylan Efron’s Heartwarming ‘DWTS’ Rehearsal Moments with Little Sister Olivia

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Erie Canal’s 200th anniversary: How a technological marvel for trade changed the environment forever – The Conversation

    Erie Canal’s 200th Anniversary: How a Trade Marvel Transformed the Environment Forever

    Day 5 of Gains Streak for Solidion Technology Stock with 475% Return (vs. -20% YTD) [10/14/2025] – Trefis

    Solidion Technology Stock Rockets for 5th Consecutive Day, Soaring an Astonishing 475% Year-to-Date

    Tracking DNA and RNA Together To Unlock Disease Insights – Technology Networks

    Unlocking Disease Insights by Tracking DNA and RNA Together

    The future of battery technology – Engineer Live

    Revolutionizing Energy: Exploring the Future of Battery Technology

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    Davenport CornCon Cybersecurity Conference helps students explore technology, AI use – KWQC

    Davenport CornCon Cybersecurity Conference Ignites Student Passion for Technology and AI Innovations

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    This Haunting ‘60s Country Song Is Even More Tragic Than You Remember – Yahoo

    This Haunting ’60s Country Song Will Break Your Heart All Over Again

    Arts/Entertainment: ‘Wait Until Dark’ brings spooky season center stage – Times Herald Online

    Wait Until Dark’ Delivers Chilling Thrills Perfect for the Spooky Season

    Bluesman James Montgomery Will Perform In Falmouth – CapeNews.net

    Blues Legend James Montgomery Ready to Ignite the Stage in Falmouth

    Mexican singer Pedro Fernández to make Ave Fénix tour stop in Stockton. Tickets, schedule – Yahoo

    Mexican Singer Pedro Fernández Brings the Ave Fénix Tour to Stockton – Don’t Miss It!

    Flutter Entertainment’s SWOT Analysis: Uncovering the Growth Potential Amid Challenges

    Dylan Efron Shares Sweet ‘DWTS’ Rehearsal Photos Featuring His Little Sister Olivia – yahoo.com

    Dylan Efron’s Heartwarming ‘DWTS’ Rehearsal Moments with Little Sister Olivia

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Erie Canal’s 200th anniversary: How a technological marvel for trade changed the environment forever – The Conversation

    Erie Canal’s 200th Anniversary: How a Trade Marvel Transformed the Environment Forever

    Day 5 of Gains Streak for Solidion Technology Stock with 475% Return (vs. -20% YTD) [10/14/2025] – Trefis

    Solidion Technology Stock Rockets for 5th Consecutive Day, Soaring an Astonishing 475% Year-to-Date

    Tracking DNA and RNA Together To Unlock Disease Insights – Technology Networks

    Unlocking Disease Insights by Tracking DNA and RNA Together

    The future of battery technology – Engineer Live

    Revolutionizing Energy: Exploring the Future of Battery Technology

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    How Can Boosting Your Travel Experience with Less Technology Lead to a More Relaxing Vacation? All You Need to Know About This Latest Trend – Travel And Tour World

    Davenport CornCon Cybersecurity Conference helps students explore technology, AI use – KWQC

    Davenport CornCon Cybersecurity Conference Ignites Student Passion for Technology and AI Innovations

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

India’s rice ban exposes complex web of global trade and politics

August 9, 2023
in Business
India’s rice ban exposes complex web of global trade and politics
Share on FacebookShare on Twitter

Is India’s multi-alignment policy strategic genius or a missed leadership opportunity?

In global affairs, everything connects. On July 20, India banned exports of non-basmati white rice. This followed Russia’s attacks on Ukrainian grain silos, which, in turn, followed Russia’s repudiation of the U.N.-sponsored grain agreement with Ukraine that permitted the safe export of Ukrainian grains.

India’s move is aimed at keeping its own domestic prices under control and thus avoiding social unrest. But the ban has led to supply shortages and price increases in other countries, including Canada.

It is well known that both Russia and Ukraine, like Canada, are major exporters of grains such as wheat. These exports are vitally important to global nutrition. Less known is that around 40 percent of the world’s rice supplies come from India, putting it far ahead of other major suppliers, Thailand, Vietnam and Pakistan.

That may be surprising in a developing country that has struggled at times to feed itself. Arguably, that struggle has prevented the world’s most populous country from taking its rightful place as a world leader.

There’s a history behind this. India has been, at best, an ambivalent participant in the global trading system. Despite being one of the founding parties of the 1947 Global Agreement of Trade and Tariffs – renamed later as the World Trade Organization – it has resisted the normal negotiated trade-offs on tariff reductions.

On agriculture in particular, it is happy to see tariffs on its exports reduced but remains unwilling to adhere to trade rules, particularly regarding compensation for proven contraventions of WTO rules on import barriers and subsidies. It brought the Doha round to a halt over its insistence on the latter.

Of course, it has its reasons. India is a democracy, the world’s largest. Domestic pressures take precedence over global trade conformity. Like everywhere, the agriculture sector is particularly sensitive. Small farms are part of the social fabric that industrial-scale farming aimed at global competitiveness would threaten.

Attempts in 2020 to pass three agricultural reform bills in parliament without proper consultations led to highly disruptive protests by farmers that lasted an entire year. Roads, rails and ports were blocked. Prime Minister Modi was burned in effigy.

By contrast, for all its shortcomings, undemocratic China now imports over seven times more food than India. While India works to maintain its trade surplus in the sector, China runs an agriculture trade deficit, made easily affordable by its higher value-added exports. In fact, its rise as an economic power hinged on undertaking thorough agricultural reforms. China is now the world’s third-largest destination for food products and Canada’s second-largest market for agri-food products.

India doesn’t just protect its flanks on agriculture. Traditionally known as a leading member of the Non-Aligned Movement, in recent years it has adopted a foreign policy that looks more like ‘multi-alignment’. It participates in the Quadrilateral Security Dialogue (Quad) group of countries with the U.S., Australia and Japan. At the same time, it’s a leading member of the Shanghai Cooperation Organisation, which promotes security co-operation with Russia, China and others. It is also the “I” in the BRICS group of countries with Brazil, Russia, China and South Africa.

It’s a clever strategy for pursuing national interests. India skirts western trade sanctions over the Ukraine invasion and continues to import everything from military supplies to oil from Russia. The U.S. would be reluctant to punish a Quad partner for such transgressions. Multiple memberships also offer diplomatic channels for India to manage ongoing border disputes with China, which have erupted in violent military clashes as recently as 2021.

Unfortunately, multi-alignment has made India more of a serial joiner than a purposeful leader. While that would make sense for a smaller country, it seems odd for the world’s largest democracy with 1.5 billion people. It’s stranger still considering that India has risen to a pivotal place in the Indo-Pacific strategies of virtually every Western nation. The West may have volunteered India as a principal partner, but India seems unclear about whether to accept the nomination.

To be fair, some of the blame for preventing India from realizing its full potential lies in the failure to reform the outdated U.N. system. Not having India as a permanent member of the Security Council may well have valid historical reasons, but it’s archaic today. It’s also worth noting that, as North Americans talk about shifting away from globalized trade in favour of local production and shorter supply lines, we may actually be reverting to policies like India’s that yield worse economic outcomes.

India enjoys a highly advantageous demographic pyramid and a wealth of human resources. It will be devilishly difficult to find the political space to reform its agriculture sector. The rice export ban shows us how fearful the government is of open markets and the potential for unrest.

But, if reform ever succeeds, India would free itself to become a major engine of global growth. This, in turn, would enable it to become not just a serial joiner of clubs but a world leader in its own right.

In the end, everything truly does connect.

By Randolph Mank
and Greg Giokas

Randolph Mank and Greg Giokas are former Canadian ambassadors and business executives. They currently head consulting companies, serve on boards, and are Fellows of the Balsillie School of International Affairs and the Canadian Global Affairs Institute.

Troy Media

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CanadianInvestor – https://www.canadianinvestor.com/2023/08/08/indias-rice-ban-exposes-complex-web-of-global-trade-and-politics/

Tags: businessexposesIndia’s
Previous Post

Wildfires continue to rage through Portugal and Spain

Next Post

Decade up 104% on B.C. copper drilling news

Sports/Rec calendar: Oct. 17–26, 2025 – Cascadia Daily News

Don’t Miss These Thrilling Sports and Recreation Events Happening October 17-26, 2025!

October 16, 2025
Task Force Urges World Bank and International Monetary Fund to Prioritize Climate, Restructure Lending Policies – Inside Climate News

Task Force Urges World Bank and IMF to Prioritize Climate Action and Overhaul Lending Policies

October 16, 2025
Opinion: California’s two-tier economy mirrors UK’s ‘Upstairs, Downstairs’ past – Times of San Diego

How California’s Two-Tier Economy Echoes the UK’s ‘Upstairs, Downstairs’ Divide

October 16, 2025
This Haunting ‘60s Country Song Is Even More Tragic Than You Remember – Yahoo

This Haunting ’60s Country Song Will Break Your Heart All Over Again

October 16, 2025
Iron County nonprofit connects public to health experts – Upper Michigan’s Source

Iron County Nonprofit Connects Community with Health Experts to Improve Well-Being

October 16, 2025
Hear arguments in Supreme Court case that could undercut Voting Rights Act – CNN

Supreme Court Hears Crucial Arguments That Could Weaken the Voting Rights Act

October 16, 2025
Using nature to help tackle mental health issues – Inside Ecology

Using nature to help tackle mental health issues – Inside Ecology

October 15, 2025
Get Inspired at the Bay Area Science Festival on Saturday, October 25 – marinmommies.com

Get Inspired at the Bay Area Science Festival on Saturday, October 25 – marinmommies.com

October 15, 2025
Scientists Found a Chemical That Could Help Regrow Your Hair. It Might Be In Your Pantry. – Popular Mechanics

This Common Pantry Ingredient Could Be the Key to Regrowing Your Hair

October 15, 2025
Face your fears in 4k: October State Theatre film lineup – The Daily Collegian

Conquer Your Fears in Stunning 4K: October Film Lineup at the State Theatre

October 15, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (869)
  • Economy (891)
  • Entertainment (21,763)
  • General (17,621)
  • Health (9,933)
  • Lifestyle (903)
  • News (22,149)
  • People (891)
  • Politics (901)
  • Science (16,101)
  • Sports (21,391)
  • Technology (15,870)
  • World (874)

Recent News

Sports/Rec calendar: Oct. 17–26, 2025 – Cascadia Daily News

Don’t Miss These Thrilling Sports and Recreation Events Happening October 17-26, 2025!

October 16, 2025
Task Force Urges World Bank and International Monetary Fund to Prioritize Climate, Restructure Lending Policies – Inside Climate News

Task Force Urges World Bank and IMF to Prioritize Climate Action and Overhaul Lending Policies

October 16, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version