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The Bay of Bengal is a natural bridge between South and South-East Asia, which New Delhi seeks to optimise. But progress on India's Act East policy has been slow, creating a space for China's Belt and Road Initiative to step into. While India cannot match China’s cheque-book diplomacy, it can use its start-up industry to pursue a combination of physical, technological and financial projects to improve regional connectivity.
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The 17th Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) ministerial meeting was held on 1 April 2021. Though the grouping is ready to move forward, a number of obstacles stand in the way of this, including regional tensions, uncertainties surrounding SAARC and China's involvement in the multilateral. As BIMSTEC is to celebrate the silver jubilee of its formation next year, can it achieve its goal, to effect “a paradigm-shift in raising the level of cooperation and regional integration"?
Courtesy: Common Wealth
The Indian Ocean Region (IOR) presents a unique opportunity to develop a Blue Economy, with security, sustainability and business profitability as its three pillars. An IOR Defence Ministers' Conclave held on 4 February provided a platform to discuss regional cooperation, linking development with defence, and emphasized India's pivotal position within the IOR.
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The first-ever virtual summit of leaders from member-states of the South Asian Association for Regional Cooperation on March 15 was an innovative exercise in showing solidarity in containing a pandemic. Here is an assessment of its tangible outcomes – and longer-term ways to prepare for SAARC’s revival
Courtesy: The Hindu/Handout
Chinese president Xi Jinping’s visit to Myanmar on January 17 highlighted the economic aspect of the two countries’ bilateral relationship. China has been Myanmar’s top partner for years. But more than the 33 agreements signed, the visit threw light on the region’s changing geopolitics and Myanmar’s own compulsions in growing closer to China
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India is subtly adding four new elements in the policy matrix
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India's foreign policy under the second Modi government will take account of a turbulent world in which the old verities are disappearing and domestic political compulsions exert overwhelming influence on external postures
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TIMES NOW featured our Distinguished Fellow in Foreign Policy Studies, Amb. Rajiv Bhatia on their show to discuss the fourth BIMSTEC Summit. Watch the full episode here.
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"The current Sri Lankan government has said that it will not permit military use of the facility, but that could change," said Amit Bhandari, an analyst at Mumbai-based Gateway House. "Ninety-nine years is a long time after all."