The India-ASEAN Free Trade Agreement in services and trade will allow India to leverage its competitive offerings in IT, finance, among other fields. But the pact has proved elusive so far due to the open squabbling between ministries. The deal now looks set to come through only after the new government takes over
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Recent developments indicate that Pacific Alliance member states have their gaze firmly set upon Asian-Pacific and ASEAN economies. Can a Pacific Alliance deal with China or ASEAN serve as a powerful incentive to force the ratification of the Trans-Pacific Partnership (TPP) through the U.S. Senate?
The U.S. government shutdown and President Obama’s absence gave China immense diplomatic and political space at the APEC and East Asia Summit meetings. China’s declaration of a “de-Americanised” world may be premature but the crumbling old order is doing little to dispel this notion
The steps taken by the Indian government to enable private sector involvement in ASEAN have been hesitant. After the recent ASEAN summit in New Delhi, it is time for greater coordination of Indian private industry with government-to-government interaction, which will benefit all members, including India.
At present, the ASEAN is at a critical phase in its dealings with China – the regional hegemon with growing heft. Why do ASEAN nations need to collaborate and find innovative ways to deal with its giant neighbour.
New Delhi has actively worked with Beijing to address its massive bilateral trade deficit. However, it has another option. India can seek greater economic integration with ASEAN and substitute its imports from China with that of ASEAN. The India-ASEAN Summit on December 20 would be a good place to start.
As India and the world welcome the recent democratization of Myanmar, this presents India an opportunity to increase its access to South East Asian countries as well, especially with members of ASEAN which still have catching up to do – particularly Cambodia, Laos, Myanmar and Vietnam.
What have economic blockades in India's North East achieved? For one, they choked off the supply chain of an already isolated region. With Myanmar showing signs of warming towards India, New Delhi must establish ties with its eastern neighbour, but first, it needs to fix Manipur’s broken socio-political landscape.
The agreement which is an outcome of India's Look East Policy will benefit India's Northeast states the most.