Splurge to quench the BIG U(rge).
This seems to be the message coming out from how India is hosting the world leaders who are knocking on the doors at an amazing speed.
French president Nicholas Sarkozy, started his four-day visit to India by visiting the ISRO centre in Bangalore on Saturday.
After David Cameron in July, Barack Obama in November, Sarkozy is the third Western leader to visit India with leaders from Russia and China to follow before we step into 2011.
Interestingly all the three visits had similarities which stood out
1. Dilli durbar seems to have lost on the preferred destination for world leaders. Message: politics comes later, let’s do some business first.
2. All had sizeable business delegates along. Cameroon brought along what Downing street described as the largest trade delegation from UK in living memory, Obama got over 60 CEO’s along and so does Sarkozy.
3. Show us the money honey: major deals for Cameron & Co. were worth over £700m( just two to be precise)Obama took home some $10 billions while Sarkozy will be aiming at $15 billion and another $80 billion between 2012 and 2022.
4. It’s all been take money out of the system, talk good use the carrot and stick approach.
All but the big U
They all back it but don’t give a definitive reply to it. This is what I mean by carrot and stick approach to United Nations Security Council (UNSC) seat for India.
Read the headlines and related links, all speak the same lines, but go through the text and its all plain economics. It’s all wait and watch we shall see, but this is what we say to you today.
Barring the one report, all are pure number games and the one featuring Obama does talk something about elusive UNSC but in the end talks all about business.
No harm in doing deals and taking steps forward, but high time our leaders stop behaving like in awe of their western counterparts.