THE RISE OF PLURILATERALISM: CHALLENGES, OPPORTUNITIES AND INDIAS EMERGING ROLE IN GLOBAL GOVERNANCE

Plurilateralism is gaining importance with newer alignments happening across various parts of the globe. While we were used to multilateral agreements between countries for the past few decades, there has been bold changes in the said structure with countries preferring smaller groups. Two things are happening simultaneously: The charters and conventions assigned with multi-lateral associations are now being seen as hindrances in arriving at consensus and forward thinking. Countries are seeing it easy to reach out to smaller countries based on a political, social or economic commonality. This article delves into the various facets of Plurilateralism, challenges the models of multilateralism and showcases the growth of Plurilateralism. Various used cases are mentioned to drive the point. Existing literature is very WTO centric but its time to look at other Plurilateralism-centric initiatives across various parts of the globe. It examines the critical paths taken by India in specific also.