Look East and Look West Policy. Written by Civil Services Times Magazine Monday, 12 December :34

Similar documents
Future prospects for Pan-Asian freight network

TOPICS (India's Foreign Policy)

Trans-Pacific Trade and Investment Relations Region Is Key Driver of Global Economic Growth

Opportunities for enhancing connectivity in Central Asia: linking ICT and transport

International Relations GS SCORE. Indian Foreign Relations development under PM Modi

APPENDIXES. 1: Regional Integration Tables. Table Descriptions. Regional Groupings. Table A1: Trade Share Asia (% of total trade)

DOHA DECLARATION On the Occasion of the 5 th ACD Ministerial Meeting Doha, Qatar, 24 May 2006

Trade Facilitation and Better Connectivity for an Inclusive Asia and Pacific

Population. C.4. Research and development. In the Asian and Pacific region, China and Japan have the largest expenditures on R&D.

Information Meeting of States Parties to the World Heritage Convention. Friday 22 January 2003 Paris UNESCO Room IV

Aid for Trade in Asia and the Pacific: ADB's Perspective

REFERENCE NOTE. No.5/RN/Ref./March/2018 INDIA AND ASEAN

ASEAN 2015: OPPORTUNITIES AND CHALLENGES

INTRODUCTION The ASEAN Economic Community and Beyond

The IISD Global Subsidies Initiative Barriers to Reforming Fossil Fuel Subsidies: Lessons Learned from Asia

Chapter 5: Internationalization & Industrialization

Asian Development Bank

Bangkok Declaration 2 nd Asia Cooperation Dialogue (ACD) Summit One Asia, Diverse Strengths 9 10 October 2016, Bangkok, Kingdom of Thailand

Asian Development Bank

Proliferation of FTAs in East Asia

Makoto IKEDA Asian Disaster Reduction Center (ADRC)

Inclusive Green Growth Index (IGGI): A New Benchmark for Well-being in Asia and the Pacific

ASEAN ANALYSIS: ASEAN-India relations a linchpin in rebalancing Asia

ADB s Initiatives for Transport and Trade Facilitation in South Asia and beyond

Asia s Economic Transformation Where to, How, and How Fast?

CLMV and the AEC 2015 :

Decent Work for All ASIAN DECENT WORK DECADE

Drivers of Regional Integration in ASEAN

EXECUTIVE SUMMARY. Shuji Uchikawa

ADB s Initiatives for Transport and Trade Facilitation in South Asia and Beyond

Presented by Sarah O Keefe External Relations Officer European Representative Office Frankfurt, Germany

APTIAD BRIEFING NOTE

United Nations E/ESCAP/PTA/IGM.1/1 Economic and Social Council. Update on the implementation of Commission resolution 68/3

Outline of Presentation

ASEAN. Overview ASSOCIATION OF SOUTHEAST ASIAN NATIONS

ASEAN Community: ASEAN Political Security Community Public Seminar ASEAN: My Choice, My Future

asia s rising power strategic asia and America s Continued Purpose Domestic Politics restrictions on use: This PDF is provided for the use

Trade, Employment and Inclusive Growth in Asia. Douglas H. Brooks Jakarta, Indonesia 10 December 2012

BIMSTEC: Relevance and Challenges Amitendu Palit, Rahul Choudhury and Silvia Tieri

The Nanning-Singapore Economic Corridor:

WORKING ENVIRONMENT. A convoy of trucks carrying cement and sand arrives at the Government Agent s office, Oddusudan, Mullaitivu district, northeast

Current Situation and Outlook of Asia and the Pacific

UN ESCAP Trade Facilitation Work programme: Selected tools for logistics performance improvement

Mizuho Economic Outlook & Analysis

The Aspiration for Asia-Europe Connectivity. Fu Ying. At Singapore-China Business Forum. Singapore, 27 July 2015

SAARC and its Significance for Regional Cooperation

KINGDOM OF CAMBODIA NATION RELIGION KING 3 TOURISM STATISTICS REPORT. September 2010

Trade led Growth in Times of Crisis Asia Pacific Trade Economists Conference 2 3 November 2009, Bangkok

Concept note. The workshop will take place at United Nations Conference Centre in Bangkok, Thailand, from 31 January to 3 February 2017.

The situation of trade relation between Vietnam and ASEAN

The Missing Link: Multilateral Institutions in Asia and Regional Security

Building an ASEAN Economic Community in the heart of East Asia By Dr Surin Pitsuwan, Secretary-General of ASEAN,

China and ASEAN: Together for a Shared Future in the New Era H.E. Mr. HUANG Xilian Ambassador of People's Repubulic of China to ASEAN

Towards South Asian Economic Union- Trade Facilitation including Customs Cooperation

The Belt and Road Initiative

Japan s Policy to Strengthen Economic Partnership. November 2003

Executive Summary. Facilitating Connectivity in the Bay of Bengal Region. April 11, Dhaka, Bangladesh

WORKING ENVIRONMENT UNHCR / S. SAMBUTUAN

The Development of Sub-Regionalism in Asia. Jin Ting 4016R330-6 Trirat Chaiburanapankul 4017R336-5

Indonesia s Chairmanship of ASEAN 2011 and Future Relations of ASEAN-Australia

VISIONIAS

SECTION THREE BENEFITS OF THE JSEPA

Turning Trade Opportunities and Challenges into Trade: Implications for ASEAN Countries

V. Transport and Communications

Delhi Dialogue IV India and ASEAN: Partners for Peace, Progress and Stability

India-ASEAN FTA in Services and Investments: Countdown to Implementation

Aid for Trade and the Asian Development Bank. Asian Development Bank

MEETING THE NEED FOR PERSONAL MOBILITY. A. World and regional population growth and distribution

China ASEAN Relations: Opportunities and Challenges for Development

Social Outlook for Asia and the Pacific: Poorly Protected. Predrag Savic, Social Development Division, ESCAP. Bangkok, November 13, 2018

South China Sea- An Insight

The RCEP: Integrating India into the Asian Economy

The Introduction of International Road Transport Agreements of China. Ministry of Transoprt of China Mar

IIPS International Conference

Chairman s Statement of the 4 th East Asia Summit Cha-am Hua Hin, Thailand, 25 October 2009

Female Labor Force Participation: Contributing Factors

Be Happy, Share & Help Each Other!!! Study-IQ education

Inequality of opportunity in Asia and the Pacific

Prospects for future economic cooperation between China and Belt & Road countries

Contents. Preface... iii. List of Abbreviations...xi. Executive Summary...1. Introduction East Asia in

ASEAN in the Global Economy An Enhanced Economic and Political Role

Why we have to understand China role? China is a major trading partner of Thailand. China's role in world political and economic stage. China is fast

Transport and Communications

Trade Integration in ASEAN:

Insight Series RACV Club 4 September Opportunity Asia. Phil Ruthven AM, Chairman WHERE KNOWLEDGE IS POWER

Country Update. Manufactured products exports: Technical Barriers to Trade faced by exporters from Vietnam VIET NAM. Provided by

The BIGGEST in South East Asia!

Status of implementation of the Intergovernmental Agreement on the Asian Highway Network. 2. The main obligations of the parties to the Agreement are:

THE CHALLENGES AND OPPORTUNITIES OF ASIA-PACIFIC TRADE

Bahrain India Forum 2015: The Changing Geo-Economics of Gulf and Asia. Session I: Changing Dynamics of Gulf-Asia Economic Links

KINGDOM OF CAMBODIA NATION RELIGION KING 3 TOURISM STATISTICS REPORT. March 2010

Immigration policies in South and Southeast Asia : Groping in the dark?

Understanding AEC : Implication for Thai Business MRS. SRIRAT RASTAPANA

External Partners in ASEAN Community Building: Their Significance and Complementarities

Regionalism and multilateralism clash Asian style

THE RISE AND FALL OF THE MEGA-REGIONAL TRADE AGREEMENTS TIM JOSLING, FREEMAN SPOGLI INSTITUTE FOR INTERNATIONAL STUDIES, STANFORD UNIVERSITY

Poverty Alleviation and Inclusive Social Development in Asia and the Pacific

Asia and the Pacific s Perspectives on the Post-2015 Development Agenda

E-Commerce Development in Asia and the Pacific

Globalization GLOBALIZATION REGIONAL TABLES. Introduction. Key Trends. Key Indicators for Asia and the Pacific 2009

Transcription:

Major feature of the post-cold war India s foreign policy is the so called Look East policy in which SE Asia and East Asia, especially the regional organisation, ASEAN, has been identified as central to India s policy in the Asia Pacific. The policy is seen as a fallout of the Indian economic reforms, end of the cold war era and expansion of globalisation. This policy is a manifestation of India s desire to build a strong relations with South East Asian countries and also with China, Japan, Korea, Australia and N. Zealand. India has been adopting a three pronged approach in its Look East Policy, which are as follows: 1. To renew political contacts with the ASEAN member nations. 2. To increase economic interaction with S.E. Asia (trade, investment, science and technology, tourism, etc.); 3. To forge defence links with several countries of this region as a means to strengthen political understanding and reviving the cultural past. The 'Look East Policy' of the Government of India has been evolving since early 1990s with inputs from different Departments of the Government and we have been able to significantly deepen our engagement with ASEAN and other countries of South and East Asia. Exchange of high level visits and enhanced levels of bilateral trade and investment give frequent opportunities to upgrade the framework and content of the Look East Policy on a regular basis. The 'Look East Policy' of India, launched in 1992 also referred in 1990, has started to yield results. Two major developments are bound to affect the economic scenario in India. The two important developments may be enumerated as: (A) A Comprehensive Economic Partnership Agreement (CEPA) signed with South Korea, in the next five years economic exchange with Korea is expected to grow at a rate of more than 35 percent a year, taking the total trade between the two countries to more than $30 billion. (B) The India-ASEAN free trade agreement (FTA) signed with the Association of Southeast Asian Nations (though only relating to goods at this stage) is expected to boost economic exchange with the trade block, with a combined gross domestic product (GDP) of over $2 trillion. With the Look East Policy in operation, India has emerged as the largest export market for Myanmar because it has the potential for meeting our ever-increasing need for items like pulses and beans. Role of North east region (NER) 1 / 5

Ministry of Development of North Eastern Region (DoNER) has stressed to make northeast the centre of country s Look East policy (LEP). The External Ministry has emphasised that Look East Policy has to stay as global cooperation has accelerated. But unless the northeast and the country in general gears up for this it will get swept aside or away by the forces of global trade to which India has already committed itself. The Ministry has coined a new term called public diplomacy. With every physical operational part of LEP such as roads, telecommunication centres, transit, for facilitating trans-border trade having to pass through the region, understandably a problem for the LEP if the northeast does not play ball for whatever reasons. Therefore, for the success of LEP, better cooperation and participation of North-East is needed. Impact of Look East Policy on North-East Region of India: The NER shares border with Nepal, China, Bhutan, Bangladesh and Myanmar and has less than 1 per cent land contiguity with the rest of India through a 22 km wide Siliguri corridor often referred to as India's 'Mongoloid fringe' or more commonly as the 'chicken's neck'. 'NER comprises about 8 per cent of the land area and 3 percent of the population of the country. Prime Minister Manmohan Singh referred to India's northeast as the gateway to the 'Asian Century'. India's Look East Policy was a significant shift in India's policy prioritization because hitherto India did not have any concrete strategy to create an economic hub in its North Eastern Region by exploring the trade and commerce potential with its ASEAN neighbours. Since 1992, the government - especially the Ministry of Development of North Eastern Region - DoNER - has made some fast track initiatives to reinvent NER economy to make it more sustainable and self-sufficient. One can recollect that the economy of north-east heavily depends on the central funding. In this process, both BIMSTEC and SAARC have made a number of programmes and projects to promote trade and investment in the region. At the same time, the integration of existing diverse groups could be done through communication and contacts and in this respect LEP may provide them that opportunity wherein they may find roots in their past while at the same time assimilating with their present weaving a tapestry of growth and affluence for the future. India is today ASEAN's seventh largest trading partner and sixth largest investor with trade of over US$60 billion with ASEAN countries. A 31-member delegation from Laos, headed by its industry and commerce minister Nam Viaketh, urged the Assam government to improve road connectivity between India and Laos for better business growth between the neighbouring countries. Emphasizing the formulation of a Laos-India business forum, the delegation announced to create a fresh investment law to promote business between the northeast and Laos. The delegation said Laos investors see huge potential in the northeast's tourism and agricultural sectors. Moreover, here the water resource and mining has a wide scope. We hope that the Indian government will take our 2 / 5

proposals seriously and create better road and infrastructure to promote business among the countries. The delgation further said "India has a market share of 2.21 per cent in Laos, the seventh in our investors list. Thailand is the topper, which invests the most in Laos. We believe there is a lot of scope of improving business prospects between Laos and India. We have good resources of copper and gold and India can invest in it. We are presently doing business with 60 countries. Visas on arrival (VoA): A total of 770 visas on arrival (VoA) were issued to foreign tourists of 10 countries in June, 2011. According to the statement, of the 770 visas on arrival, 205 were issued to tourists from Indonesia, 146 to those from Singapore, 133 from Philippines, 128 from New Zealand, 93 from Japan, 38 from Finland, 13 from Vietnam, nine from Myanmar, three from Luxembourg and two from Cambodia. It can be referred that the VoA scheme of the government was launched in January 2010 for citizens of five countries - Finland, Japan, Luxembourg, New Zea-land and Singapore. The scheme was further extended to citizens of six more countries, namely, Cambodia, Indonesia, Vietnam, Philippines, Laos and Myanmar in January, 2011. Suggestion to improve Look East Policy: 1. In order to further promote trade and investment India should formulate a roadmap for economic and cultural relationships with the ASEAN members in pursuance of its Look East Policy and thereby give a real fillip to it. In the absence of any roadmap, it becomes difficult to integrate with not only ASEAN members but also with India s immediate neighbours. The Planning Commission has indicated that the 12th Five-Year Plan would focus on better connectivity in the Northeast coupled with emphasis on developing better linkages to the neighbouring countries. 2. North Eastern states have stressed on development of infrastructure for improved connectivity and rural transformation for development. This would enable them to play a more effective role in ensuring the goals of Look East Policy. The connectivity with the neighbouring countries would help in forging better trade ties. 3. The cultural aspect of Indian society must be fully utilised in bringing the factors of cultural uniformity within the region with India, It can be recalled that for 2,000 years Indian culture has had a profound impact on South and Southeast Asia. In this regard, the ICCR s role should be further streamlined. The overseas cells facilitate cultural exchange by hosting Festivals of India and festivals of the respective host nations in India, teaching of yoga as well as conducting Hindi classes. India s Look West Policy 3 / 5

Why interests significant Geo-strategic energy been important expanding decade, Central modest big infrastructure economic railroad. completed into Modest $200 foster credit needs. The increase conflict connecting the challenge Tajikistan. to investment, Road Central million, to bilateral the blunt Indian needs, with Asia. hydrocarbon trade Tajikistan, so there key ties. Ahead: player would its the Pakistan s Asia a Kazakhstanhas economic market. and Central international that Importance: driving are combined India It negligible a interests avenue also and has build Matters: investment: The major surprise remains Uzbekistan has the energy, resources; also interested forces Asian (c) potential road influence. interplay and beginnings focus, made relations Infrastructure of portion with signed Central -India that access unresolved, Russia linkages behind political resources minimizing India s substantial and since energy is of and has of a with there to Asia s or outside of has deal India s options of from poor had Kyrgyzstan Afghanistan, aspirations China energy proposed trade several Needed: to co-operation a supplied however, Pakistan s to for involvement military oil; its abundant the transport contributions growing overall powers fund with for eye Turkmenistan has Indian Iranian Pakistan. expanded Central North-South Outside 30 relationship. to been international where presence Iran-Turkmenistan-India influence, that energy how links Central market. percent Tajikistan port a Asians to Central the are major Indian taking the of get has resources Asia energy (a) of states; a Chabahar heart and (b) trans-afghan without major Central regional trade. Kazakhstan s Indian the to gas; have wants Economic Asia role for shape. Energy the establishing corridor, region. of area,transportation a Uzbekistan in impediment surplus includes and tune India s long to policy has coming Asian Central through and The first: India s extended Central Interests time. of roadway. a global which main hydro energy engagement thrust pharmaceutical also approximately significant Diversifying into Asia itself Afghanistan has Its to relentless trying difficulties direct player, power. Asia for expanded that primary it as more resources lines (d) ties, the player would tof have trade past also The US lie 4 / 5

5 / 5