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India’s East Asia policy has been a bedrock of the country’s foreign policy, and the Modi government has deepened ties with ASEAN and extra-ASEAN powers in a significant way. As India turns 70, it is worth assessing the few key bilaterals that will now become more important for regional security and prosperity.
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China's refusal to accept the ruling of The Hague greatly harms its international reputation and will fuel regional concerns about China's rise. Nationalist sentiments stirred up by a sustained media campaign heighten the risk of a confrontation, but there is also a possibility for the Philippines to use its new leverage to its advantage through new negotiations.
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In two years, the Modi government’s Act East Policy has gone well beyond the focus on economic ties of its predecessor, the Look East Policy. It has made progress on many wider fronts, including connectivity and defence collaboration. India must now build on this success and further consolidate relations and trade links with ASEAN and beyond
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The Trans-Pacific Partnership has dropped strong Intellectual Property Rights regulations on India’s doorstep. The implications of these regulations could affect India’s own policies, as well as her global aspirations towards the potential Regional Comprehensive Economic Partnership.
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Vice President Ansari’s recent visits to Brunei and Thailand provided further clarity to the Act East Policy while advancing its implementation. He effectively showcased that the rationale for a strong India-ASEAN strategic partnership is sharper than before.
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The U.S.-driven Trans Pacific Partnership agreement between 12 countries, which is aiming to become the new standard of world trade, impacts domestic systems globally. For India, it will skew investment and intellectual property rights, and especially the debate over the Investor State Dispute System which allows companies to challenge sovereign rights and public policy.
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Although it is too soon to comprehensively analyse the Trans-Pacific Partnership agreement of October 5, it is worth assessing what is known. Here are the facts, the controversies, the assessments, and the implications for countries that are not part of the agreement, especially India.
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The Trans-Pacific Partnership might soon be concluded if the U.S. Congress fast-tracks it, as recently announced, while the Regional Comprehensive Economic Partnership Agreement remains on slow-track. But the TPP, although ambitious, follows an outdated template, and it is the dynamic RCEP that can be a model for a new global rules-based framework
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The AIIB is a step along a path that started with the Asian financial crisis, which defined ASEAN’s views about the U.S.’s commitment to the region. Although the bank may signal the rise of China, it is also a coming together of Chinese and ASEAN goals—ASEAN’s focus on infrastructure for growth requires another source of finance, and this forecasts its strong relationship with the AIIB
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After bilateral meetings, the thrust for Prime Minister Modi will now change with various multilateral summits coming up, starting with India-ASEAN and the East Asia Summit next week. These are opportunities to expand India’s regional position and economic links, and address issues such as terrorism and a rising China