Extraordinary And Plenipotentiary Diplomatist July 19 Edition . | Page 3

Publisher’s Note “Riven with tensions, Europe is in for a stormy and fractious autumn. Angela Merkel has the shakes. Emmanuel Macron has the collywobbles. And still, Europe has no idea who will be in charge as it contemplates a stormy autumn strewn with political booby traps. In Britain, the Brexit deadline of 31 October is the only date that matters. But the EU, fragmented, disputatious and wounded to an extent unusual even by its fractious standards, is taking one day at a time,” writes Simon Tisdall - a columnist for The Guardian newspaper. The trade war between the United States and China has been intensifying with Trump intimidating to raise tariff s on all Chinese imports and declaring a national emergency shutting Huawei out of the U.S. market. Experts say concerns over relations between the United States and China are causing ambiguity for several companies directly or indirectly involved in trade between the world’s two largest economies. France is all geared up for G7. The country took up its Presidency in January 2019 with the key theme of combating inequality. G7 Summit will bring together the Heads of State and Government from the seven countries in Biarritz from 24 to 26 August 2019. Now, what is the state of the BRICS economies? Brazil has taken the rotating presidency of this group. For the third time, Brazil will host a BRICS Summit which is scheduled for November 13 and 14 in Brasilia. President Jair Bolsonaro wants Brazil to be great as Trump wants America to be great. Even during Bolsonaro’s campaign period, he reiterated that his foreign policy would be changed from his precursor. One cannot overlook the potential of the Quad. In late 2017, the resurgence of a notion over a decade old - the Quadrilateral Security Dialogue - created a fl ood of debate and anticipation across the world. The Quad, as it is usually mentioned as - or, more specifi cally, Quad 2.0, as this is its second life - is an informal rendezvous between four of the world’s major democracies: the US, Japan, Australia and India. Quad 2.0, like Quad 1.0, is a debatable yet signifi cant idea that has survived the test of time. It’s controversial because it’s perceived to be a way of containing China, which makes it unpopular among many of those who believe that China can’t be controlled. In the African continent, Nigerian President Muhammadu Buhari and Benin’s President Patrice Talon signed a landmark agreement ahead of the accord’s offi cial launch at the African Union (AU) summit in Niger. Moussa Faki, AU Commission Chairman dubbed the African Continental Free Trade Area (AfCFTA) deal a “historic” moment. There was spontaneous appreciation as Africa’s largest economy Nigeria signed up to a deal that experts say could provide far-reaching benefi ts. Back home, the Indian Prime Minister returns to power, his victory feels like déjà vu. Narendra Modi’s landslide victory in India’s general election marks the fi rst time in nearly 50 years that an Indian government has returned to power with an absolute majority and a larger mandate for a second consecutive term. While the drama and sportsmanship of the Cricket World Cup seized the world’s attention for several weeks, the battle of 2019 continues. Globalisation has changed the international business panorama; businesses now function in diff erent nations, deal with multiple authorities, involve in negotiation and face increasing geopolitical risks and pressure. Can diplomacy benefi t business? The answer is yes. I’m pleased to announce that in association with ASSOCHAM – one of India’s oldest and apex chamber, a new initiative titled “ASSOCHAM Diplomacy to Business Initiative” will feature in The Diplomatist Magazine. Robert Frost rightly said, “An idea is a feat of association.” Readers will get the best of both worlds. Linda Brady Hawke Publisher Extraordinary and Plenipotentiary Diplomatist • Vol 7 • Issue 7 • July 2019, Noida • 3