G20 shows value of India stake in other countries' foreign policies
G20 summit was the 'value' of the India stake in foreign policies of other countries. For that alone, countries made compromises, thus ensuring a successful summit for India.
So, what is the India stake? Put simply, almost all G20 countries want to invest in their relationship with India for long term.
Some of them view it as a critical strategic priority, essential to their economic and security goals. And that came through in almost all conversations India had while mustering support for G20, starting since Bali last year where India as the next host played a crucial role in closing the gaps to secure a joint declaration — a backdrop that helped close loops in New Delhi too.
One way to assess the rising value of the India stake is to examine its relevance to key issues dominating the global security conversation:
Russia-Ukraine conflict
Both countries have strong independent relationships with India.
Russia, in particular, views India as a key economic partner in this time of crisis, knowing well that New Delhi alone can balance with the West and do business with Moscow. Any potential embarrassment to India is, therefore, not in Russian interest.
China Challenge
All G7 powers, particularly the US and Japan, along with countries in the Indo-Pacific view India as a key balancer against an aggressive China.
It's the only Quad country holding ground in a tense border situation with China. On the other hand, Beijing has been positive on talks of late, precisely because India has maintained the line with the West that it will resolve its issues with China bilaterally, without interference.
Technology
As the West seeks to oust China from this space, secure its tech prowess by controlling access to its labs and research, India is
