India is positioning itself amid shifting Geopolitical Alliances and Trade Agreements- A Review

Asia’s fast growing economic power, India, is maneuvering through a very dynamic global environment characterized by the international relations in play and the negotiation of free trade agreements. When it comes to Russia or other South Asia neighbour’s or Russia, the country maintains such ties, but meanwhile is focusing on forging strategic partnerships with the main powers such as the U.S., Japan or Australia to boost its global influence. Due to the fact that their security and economic interests are concerned by such regional and global forums as Indo-Pacific region, the Shanghai Cooperation Organization (SCO), and BRICS, India is adapting its foreign policy, so it is becoming oneself of a key player in these forums. At the same time, India is actively involved in multilateral trading agreements to build up its economic contacts, especially with the growing trend of protectionism and modification of global trade regimes. India’s plan of diversifying its economic relations is reflected in the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE) and discussions on joining the Regional Comprehensive Economic Partnership (RCEP). Besides that, India is faring towards being a main player in the 21st century’s global circulation ambitions to become a part of the actual global supply chain by investing considerably in technology and infrastructure. In India, though, despite the American dollars and the combination of the Singapore and the Clipper and the SNC, its diplomatic stance is still underpinned by the policy of 'Strategic Autonomy' and this means that India's sovereignty is safe. India is able to use its democratic values, economic growth potential and strategic partnerships to place itself as a central force of reshaping global order in the 21st century.