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World Economic Forum and India Steered Indo-pacific Strategy-Centric Policy

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By Ajmal Sohail

According to the sources, CIA members have gone to Switzerland to lead the security of the WEF meeting due to a possible attack. While the meeting of the World Economic Forum or WEF begins on January 16 in Davos, the Swiss Army has started security preparations under the leadership of CIA in the field for the annual meeting of the World Economic Forum (WEF) in Davos. For the WEF meeting in Davos, the Parliament has approved the preparation of 5000 soldiers, and now about 500 soldiers have been deployed to guard the meeting place, led by members of the United States’ Central Intelligence Network. The identities of the CIA Ops are not clear, because if the anti-western countries talk about the WEF meeting, that the security responsibility of the WEF meeting has been handed over to the CIA and only the soldiers will be from Switzerland, then it will increase the challenges to the WEF meeting. Intelligence experts and analysts of intelligence reports believe that this time, the war between Russia and Ukraine in Eastern Europe has led to the possible targeting of the WEF meeting in Switzerland, because in this international economic meeting, a number of economic topics will be also discussed against of Russia and its allies.

What is purpose of the Annual meeting of WEF?

This annual meeting, which is hosted by the Swiss country of Europe, is very important because the international economic companies and political bonds are led through the annual meeting of the World Economic Forum, and for years to come, this World Economic Forum engages leading political, business, cultural and other community leaders to shape global, regional and industry agendas. On the other hand, this annual meeting faces a number of possible risks and challenges, such as the religious war between Muslims and non-Muslims, which affects the economic forum, and the sabotage of the WEF annual meeting by terrorist and intelligence groups.

In addition, after the terrorist attacks in France in November 2015, the biggest challenge to the security of international meetings in Europe, and the current sensitive situation in Europe, the flames of war have started. The impact of the Russia-Ukraine conflict is being felt at the annual meeting of the World Economic Forum in Davos, and European and American business organizations and political processes may use tough measures against Russia. The political and business leaders of the world are worried about the economic future of Europe, because, the series of power division in Eastern Europe is going on rapidly, along with religious extremist non-militant and armed groups are also increasing in Europe, which can easily increase violence in Europe under the pretense of freedom of expression and religion. A clear example of which is the expansion of the Muslim Brotherhood and Hizb-ul-Tahrir groups in Britain, France and Germany. On the other hand, the economic and industrial promptness in Europe is increasing day by day, and at the same time, due to the war between Russia and Ukraine, the lack of energy and the trend of economic stagnation have created a sense of depression among many business leaders.

Other investment destinations also seem uncertain, but India has emerged as a region of both economic dynamism and political stability under the support of the United States, which is currently trying to include India in the P-5+1. Eager to capitalize on this current mood as an economic marketer, India is drawing the attention of world leaders to its reform decisions, and to the rapid pace at which a new unicorn is being created in the country.

Because the West is also trying to weaken the economic side of the European Union, And transfer the European economic and trade zone from Europe to South Asia and open a new economic zone by connecting Iran’s Chabahar port and Gwadar port in the future country of Baluchistan.

 In turn, China is reaching the Caspian Sea through Northern Afghanistan to expand its trade with the Middle East by using the Caspian, until to leave and forget of Pakistan’s Gwadar. And the United States is preparing to give a large share in the new economic zone to its close allies from the continent of Europe, such as France, Germany, England and a number of other countries, And before that, with the support of the United States, the UAE signed an agreement with France in the field of energy. In this way, the European allies of the United States will be included in the economic contracting countries of the new economic zone, in order to reach this point; there are now efforts to disrupt the economic agreements under the umbrella and leadership of the European Union.

The current World Economic Forum is looking at a different world than it did in the past, and this is a reason for India to find itself in the sweet spot and take advantage of Europe’s current external status to emerge as a new economic leader. Chain’s future role in the WEF and what will be its alternative approach against India. Before this, Chinese President Xi Jinping focused on the Davos summit; And Xi Jinping again presented China as a champion of free trade, while the United States under the leadership of Donald Trump was seen on the other side of the fence. However, with the end of Trump’s reign, the relations between the China and the West led by the United States have become more complicated, and the challenges to China’s economic development have increased.

Because of that, China is not present as a leading trader in the current Davos summit and is standing behind, and the main reason is China’s tough stance against Taiwan, So the focus of WEF next annual meeting has shifted to India, and India is enjoying potential benefits as an alternative investment destination. In bringing India to this position, the United States has lost its closest ally in the Middle East, Saudi Arabia, and the main reason was the United States allowing India to emerge as the star of EVs in the global economic competition against China until 2030.

Apart from this, another important topic for India is the renewable energy of green hydrogen. Green hydrogen is hydrogen made with renewable energy, India’s plan aims to replace fossil fuels with hydrogen in the production of fertilizer and steel, mix it into city gas supplies and promote its use in transportation. While India’s current production of green hydrogen is low and comes from a few pilot projects, But the country wants to produce 5 million tons of green hydrogen by the end of this decade. The Narendra Modi-led government has recently approved the National Green Hydrogen Mission, which is expected to open up new opportunities towards net-zero goals in the next five decades,  which will further reduce the role of China’s green hydrogen market in the international trade market. And India’s economy is estimated to grow by $20-30 trillion over the next three to five decades, which is in line with India’s net-zero commitment. Companies that want to promote India’s green hydrogen policy include Adani New Industries Ltd, Reliance Industries Ltd, Indian Oil Corporation Ltd, ONGC, GAIL India Ltd, Bharat Petroleum Corporation Ltd, NTPC Ltd, Larsen & Turbo, and Hindustan Petroleum Corporation Ltd, Started investing in green hydrogen innovations. These are the economic developments that can introduce India’s presence at the next WEF meeting.

What will be the position of the economic embargo of the United States against Venezuela and Iran at the 2023 World Economic Forum meeting?

After 2022, there is still a big question whether the United States will ease the sanctions on Venezuela and Iran in order to get oil alternative for the economic sanctions imposed on Russia due to the Russian invasion of Ukraine. Earlier, US Secretary of State Anthony Blinken said on March 6, 2022 that the US and its European allies might impose a ban on Russian oil imports in response to the war in Ukraine.

The administration under the leadership of US President Biden was ready to improve relations with Venezuela and ease sanctions after the 2022 WEF meeting because the United States needed Venezuela’s energy reserves. However, currently the question is the relationship between Iran and Venezuela, the negative effects of which can once again make the relationship between the United States and Venezuela difficult, meanwhile, the President of Venezuela, Nicolas Maduro, has recently expressed his willingness to close relations with the United States. However, Iran’s President Ibrahim Raisi, on Sunday, January 8, 2023, in a meeting with the new Venezuelan ambassador in Tehran, warned Venezuela to avoid closer relations with the United States. In addition, the tension in relations with Venezuela will complicate the security situation in Latin America, and these all were the most important factors to the security of the WEF annual meeting, which is currently receiving increased attention.

Courtesy: Modern Diplomacy


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