And slowly, both India and China ought to switch completely to Euro, Yuan or Rupee trade with Iran !!
And slowly, the trio of Russia, China and India should begin to operate an independent oil exchange in Moscow/Beijing/Delhi for Russian/Iranian/Venezuelan oil !!
Admittedly, all that would take years, but long before such developments are completed, the US dollar would have lost its pre-eminent position as the currency of world trade, its bargaining power at the WTO/IMF/WB dented immeasurably, its political clout even among allies reduced to shambles, its major oil partners (in stealing from the rest of the world) like Saudi Arabia forced to negotiate with the Russia led bloc from a position of weakness, its economic clout to intervene far away from its shores rendered history and all its famed institutions beginning to see an erosion of intellectual capital !!!
What more can the world then ask for by way of equity ??
Re: China should now increase its
by Ramesh PK on Feb 20, 2012 06:11 PM
Really good thinking. Lets remember that Russia is the only dependable alley & Iran the long standing business partner with India. If we try & achieve this, it can be real jolt to Europeans & Americans who play with other's future. What is the state of countries like Iraq, Afghgan, Egypt, Lybia, etc, etc. Is this humanity the very grounds on which earlier governments were removed?? Yes, if it is slap, it is!!
Re: China should now increase its
by prem k on Feb 20, 2012 06:15 PM
This is nothing more than a pipe dream. While China and Russia have been consistently vetoing US sanctions on Iran, their actions are guided solely by self-interest. India should not commit the mistake of reading more into it because China tends to see India as a more significant rival than all of Japan, Korea, ASEAN and US. If you think that I am over-reacting, one just needs to look closely and impartially at their attitude while dealing with bilateral problems. They appear far more intransigent when it comes to dealing with India. In this context, they would try to scuttle India's deal with Iran rather than look for ways to exploit it.
Re: Re: China should now increase its
by freewill on Feb 20, 2012 06:50 PM
piri, what u have to say about the rantings of ahmadinejad against israel?? Isn`t he acting irresponsibly??
Re: Re: Re: China should now increase its
by piri on Feb 20, 2012 07:25 PM
What do you have to say against the 'Mad max' approach of Israel and its protector, the US towards independent sovereign nations ??
Dont you think that an entity which believes in 'might is always right' deserves to be shown what mightier entities can do to them ???
Re: Re: China should now increase its
by piri on Feb 20, 2012 07:36 PM
China is intransigent with the border issue because it really thinks that it has no reason to respect the MacMahon line which it believes was imposed by the British !
If the Indian polity (and that includes the BJP led NDA - which spent 6 years in power soft pedalling the issue with China) really thinks it has ample reason to lay claim to the disputed territory, then it ought to push for its resolution with China with much greater clarity and sense of purpose than it has ever done !!
And about your claim that China regards India (and not Japan or the US) as its chief rival (in commerce ? in armed might ?), shall I say that it is nothing more than a gigantic pipe dream ??
What really are your arguments to prove that China regards India as anything more than a marginal power and of no consequence as a rival in the world market ??
In the lone area in which India has had a big lead over China until recently - IT services - the latter has bounded forward in giant leaps in the last decade, so much so that Chinese IT export earnings crossed 50 % of India's in 2008 and is now estimated to be closing in on the 75 % mark !!!
And they have done this after spending more than a decade learning English, a completely new language for most Chinese till the 1990s !!
China regards the US and Japan as its chief rivals, not India ! And they have never regarded India as a rival of any consequence !!
Re: Re: China should now increase its
by piri on Feb 20, 2012 07:37 PM
China is intransigent with the border issue because it really thinks that it has no reason to respect the MacMahon line which it believes was imposed by the British !
If the Indian polity (and that includes the BJP led NDA - which spent 6 years in power soft pedalling the issue with China) really thinks it has ample reason to lay claim to the disputed territory, then it ought to push for its resolution with China with much greater clarity and sense of purpose than it has ever done !!
And about your claim that China regards India (and not Japan or the US) as its chief rival (in commerce ? in armed might ?), shall I say that it is nothing more than a gigantic pipe dream ??
What really are your arguments to prove that China regards India as anything more than a marginal power and of no consequence as a rival in the world market ??
In the lone area in which India has had a big lead over China until recently - IT services - the latter has bounded forward in giant leaps in the last decade, so much so that Chinese IT export earnings crossed 50 % of India's in 2008 and is now estimated to be closing in on the 75 % mark !!!
And they have done this after spending more than a decade learning English, a completely new language for most Chinese till the 1990s !!
China regards the US and Japan as its chief rivals, not India ! And they have never regarded India as a rival of any consequence !!
As long as US has its presence in afghanistan pakistan has restrained from attacking india.If uS decides to support pak, we may see diwali again. And mind u indian govt will never go after pak.
Re: 'India's decision on Iran a SLAP on America's face...........
by Sensible on Feb 20, 2012 05:58 PM
True! Put the genie 'back in the bottle' and we'll believe you. Actions speak louder than words. All the gory speeches by the US think tanks extolling India's potential means nothing if not translated into meaningful action.
India's stand is understandable. If India doesn't maintain good relations with Iran access to Afghanistan becomes a problem. This would then mean that Pakistan would have better means to sabotage Afghanistan's normal development which directly affects India's homeland security. India can ill-afford another decade of islamic terrorists running around its neighborhood.
US should stop seeing ghosts in India's relation with Iran. Its not military in nature, its purely commercial.
Mr. Burn's remark about the continuance of oil purchase by India needs to be relooked into by himself. Using uncalled for harsh word like "slap" is not only uncalled for but is out of place. India is not as well developed to bear economic load of resourcing the oil from else where. Even US general has stated the appropriateness of the resolving the matter across the table through discussion while respecting each entity involved. Using severe words than called for reflects undue expectations of USA from the world community.
Re: ///
by Sensible on Feb 20, 2012 06:09 PM
Iran is a theological state, erratic and highly irrational. Nuclear weapons in the hands of such states is dangerous. Iran considers itself a hero by cutting off its relations with the US and opposing it. It has continued with this attitude of brinkmanship since the Islamic revolution which means its getting direct benefits for the regime's survival through this stand. Such a state is useless even to India because its rationality is questionable - like pakistan. India should help the international community in making Iran realize that it cannot continue being a theological state for long. It should work towards ushering in real democracy - for its people to express themselves. By now it looks like the Iranians are sick of being a theological state controlled by the irrational mullahs. Arab spring should be ushered into Iran with full vigor.
Re: ///
by abhijit K on Feb 21, 2012 01:23 AM
It is other way round. Iran is the only Muslim country refused to stand by Pakistan in UN over Kashmir issue.
