“India is set to reap large-scale benefits from its new foreign policy of global alignment,” Goyal said at a function, to mark the Universal Brotherhood Day, on Saturday. “The shift from non-alignment to global alignment was based on long-term vision and helped India gain greater acceptability in the world,” he said.

Overseas aid was cut from $5.03 billion in 2014-15, to $4.05 billion in 2015-16, a reduction of around 20 per cent. Further cuts are scheduled to follow until 2017-18, by which time Australia's aid budget relative to gross national income will have sunk to 0.21 percent, its lowest level since overseas assistance was formalised in the post-war period. It will also be substantially below what Australia's more prosperous OECD partners allocate.

In terms of perceptions, many international publics believe the global economic balance of power has swung sharply towards the country. It has exposed the country to greater foreign scrutiny for which it has generally been ill-prepared. This has exposed a growing "soft-power deficit" which is complicating China's rise to power.

South Korean President Park Geun-hye said on Monday her country must use the "second Middle East boom" as a new engine for economic growth, as she plans to visit Kuwait and three other Gulf States from March 1, Seoul's official public broadcaster KBS reported. 

The United States Agency for International Development has requested $21,8 million to fund political activities in Zimbabwe for 2016, including availing money to the civil society's agenda to "hold Government accountable". Information at hand indicates that some of the countries to receive the money in Sub-Saharan Africa besides Zimbabwe are South Sudan, the Democratic Republic of Congo, Sudan, Liberia and Somalia.

China will contribute $40 billion to set up a Silk Road infrastructure fund to boost connectivity across Asia, President Xi Jinping announced on Saturday, the latest Chinese project to spread the largesse of its own economic growth.

Every country’s foreign policy has elements of continuity and change following a change in government. India’s policy under Mr. Modi is no different.  The fourth change is a greater emphasis on ‘soft power’. 

A little focus on branding could do a miracle at the economic front as it would not only change an ordinary product into special one but also attract the buyers. This was upshot of the speeches delivered at a seminar on “Branding Pakistan” organized by the LCCI Standing Committee on National Outreach Program.