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There have been mixed reactions to India’s not signing on to the Regional Comprehensive Economic Partnership. India is often criticised for abstaining from trade agreements and being a protectionist nation, but in fact, the reverse is true. The country’s trade to GDP ratio of 43% is higher than China’s 38% and the U.S.’ 27%. This shows how important trade is for India, particularly if it wants to reach the 2024 goal of being a $5- trillion economy.
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The foreign ministers of the Quad countries meet for the first time in New York today even as the Indo-Pacific has turned into a keenly contested geopolitical arena. Some countries are offering to play a mediatory role while other triangular equations are also undergoing change. An analysis of some of the relationships at work here
Courtesy: The Daily Star
Bangladesh faces several major challenges in its external relations. It showed humanitarianism in receiving the fleeing Rohingyas, but its diplomatic efforts to repatriate them have not succeeded. It must also maintain a balance between relations with India and China and show proactive leadership in garnering regional cooperation
Courtesy: Zee News
Indonesia and Malaysia appreciate India’s leadership role in the Indo-Pacific, but are also aware of all that keeps it from delivering on its commitments. A policy visit to the two countries enabled a closer look at some key issues, such as ASEAN’s centrality, the Quad and India’s stand on the Regional Comprehensive Economic Partnership
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Prime Minister Modi’s visits to South East Asia last week were major steps in furthering the goals of India’s Act East Policy even as major power rivalries unfolded in the region. Most significant was the visit to Indonesia, a low key Asian power but one that India can partner to enhance its regional stature.
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Internal political constraints dog it currently, but if overcome, South Africa can be a good chairman to BRICS and IORA in 2018. It also has a tough balancing act to perform between two great Asian powers, China and India
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China has expanded its presence in the Indian Ocean Region. President Xi Jinping has abandoned Deng Xiaoping’s conciliatory posture for an aggressive, money-fuelled search for super power status
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Hopes of a close partnership between the U.S. and India, as expressed at the Modi-Trump Summit, will have repercussions on East Asia. Will the region see peace or exacerbated conflict between China and all the nations opposed to its domination?
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The Indo-Pacific region is home to some of the largest and most rapidly growing economies as also powerful military forces. Nuclear threats, international terrorism and climate change are some of the issues that define the region. Uncertainty dogs relations among the four nations in the top league—U.S., China, India and Japan—but what is emerging is a hawkish, policy stance from the U.S. as opposed to an isolationist outlook apprehended earlier
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The year 2017 may change some equations in the East Asian region. Will the near parity that the U.S. and China currently share turn into a keener contest? Will strained relations between India and China persist? Donald Trump’s election as the next U.S. president casts the spotlight squarely on these inter-state relationships