Look East To Act East Policy

This volume captures the success of India’s Look East Policy (LEP) in promoting economic engagement with neighbouring countries in Asia and simultaneously its limitations in propelling growth in the bordering North Eastern Region — India’s bridge head to South East Asia. It analyses the instrumental role of LEP in bringing a tectonic shift in India’s foreign trade by redirecting the focus from the West to the East, thus leading to a fundamental change in the nature of India’s economic interdependence. Besides discussing foreign trade, it expounds as to how LEP made India play an important role in the emerging Asian security architecture and liberated Indian foreign policy from being centred on South Asia. The essays also enumerate the reasons for LEP’s failure in the North Eastern Region and chart out actionable programmes for course correction that might be factored into its latest edition — the Act East Policy. This book will interest scholars and researchers of international relations, international trade and economics, politics, and particularly those concerned with Northeast India.

This book provides a detailed account of the evolution of India’s Look and Act East Policy, addressing the nuances of the policy and its efficacy for the Northeast Region. The Northeastern India as a region is landlocked, sharing most of its boundary with neighbouring countries of South and South East Asia. It empirically explores the progress in and prospects for trade, investment and connectivity between Northeast India and Southeast Asian countries. Further, it discusses a range of regional and sub-regional multilateral initiatives – e.g. the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), Bangladesh-China-India-Myanmar (BCIM), and Mekong-Ganga Cooperation (MGC) – that could potentially strengthen the cooperation between Northeast India and neighboring regions in the social, cultural and economic spheres.

India's Eastward Engagement: From Antiquity to Act East Policy presents India's engagement with its extended eastern neighbours from ancient times to the present. It argues that this engagement has been long rooted in India's geographical location, its civilizational evolution and historical transformations. The book critically examines all the important phases--Nehru and Post-Nehru periods, and Look East and Act East policies. It exposes the widely entertained myths about India's eastward engagement and also underlines the prospective directions in which the Act East Policy may unfold in the years to come.

Offers fresh insight on issues of common concern, on economic benefits, maritime cooperation and other important topics within the broad framework of Indo-Pacific. These academic reflections provide a better understanding of the region and will help bridge the gaps in India's foreign policy towards the countries of Southeast Asia and South Pacific.

This book offers an understanding of the expectations and challenges of Northeast India in the context of India's Act East policy. It critically examines how the policy is being pursued by the incumbent Bharatiya Janata Party-led central government and analyses its relevance from local perspectives. Contributors to the book provide an examination of the differences between Look East and Act East policy and explanations of the expectations of India's neighboring countries, particularly Myanmar, towards Northeast India. They ask the following questions: a) What is to be done to integrate India’s Northeast region meaningfully into the Act East policy? What is the motive of linking this policy with these states? How is this policy received by the local communities? b) What are the challenges of the Northeast region? What are their needs and priorities? How can these states showcase their potentials to Southeast Asia and East Asia? c) What is the significance of the changes from Look to Act East Policy? Has the regime change affected the continuity in the policy? What are the short- and long-term goals? d) What are the expectations of Southeast Asia and East Asia? By addressing these questions, they bridge the knowledge gaps that exist in the understating of the the Northeast region of India vis-à-vis the Act East policy. The first book to combine a balanced view of India's Act East policy and Northeast India, it will be of interest to policy makers and academics in the fields of Development Studies, International Relations, Northeast India and South Asian Politics.

Owing to a strong cultural and historical bond, India and Southeast Asia have progressed rapidly. Though there are political and ideological differences between these two entities, it may not hamper the strong bond as there are many common shared values among these nations. The history of these nations identifies that the cooperation between them in terms of trade and commerce is not upheld per the given potential of these nations. In the past, the Indian economy was linked with Southeast Asian countries under the “Look East” policy, which has been re-energized again under the present government. Now, the “Look East” policy is practically more vibrant than ever before with the motto “Act East.” This policy facilitates these countries in emphasizing the importance of better regional connectivity for tourism as well as robust trade and commerce. It leads to a phenomenal growth in terms of imports and exports for these countries. Evaluating Trade and Economic Relations Between India and Southeast Asia sheds light on the trade and economic linkages between India and Southeast Asia and their impact on the nations in the past, present, and for the future. The chapters study whether the win-win strategy works for the strengthening of these countries in terms of both trade relations and political integrity, as well as in facing common enemies across international boundaries. Some of the topics covered include food security, tourism opportunities, trade blocs, trade relations, and economic relations between countries. This book is a valuable reference tool for economists, government officials, policymakers, trade analysts, practitioners, researchers, academicians, and students interested in the policies and relations between India and Southeast Asia that affect trade and the economy.

India's 'Act East Policy' has been a significant reorientation in foreign policy towards realizing India's big power ambitions. During the initial years, the focus of the policy was on economic and diplomatic connectivity that cantered around the ASEAN. Since then, the policy has evolved to assume greater strategic dimensions with co-operation in security matters and incremental engagement with countries and regions beyond the ASEAN that include East Asia and the whole of Asia-Pacific. India's plans to become a global power depend to a great extent on its becoming a dominant economic actor, political and strategic player and soft power attraction in East Asia and Asia-Pacific. This region is the most vibrant economic arena and crucial strategic site in international politics presently. The changing geopolitical and strategic realities increasingly necessitate a new regional security architecture in the region. Along with its efforts towards economic integration and diplomatic connectivity, India needs to carve out a role in shaping the security structure of the region to deal with issues of maritime disputes and security. This book is a collection of 7 scholarly papers that d

India is known as a leading voice in international affairs. India's economic size, vast and growing market, democratic institutions, access to ocean and foundation of science largely explain why India continues to play an important role in global and regional affairs. India is the only country in Asia having the heft to counterbalance China and thus welcomed by many countries in Asia and the Pacific. India has embarked on a period of radical changes in its foreign and economic policies. Faced with a major slowdown of India's trade with Southeast and East Asia in 2014-15, the government responded by initiating far-reaching Act East Policy (AEP) aimed at greater economic integration with South, Southeast and East Asian nations. Started with a fresh vigour in 2014, AEP has gained a new momentum while acting on the east. The Act 'East' is now getting transformed into Act 'Indo-Pacific'. This book presents short essays written by the author on several key aspects of India's economic relations and the challenges faced by India in the post-AEP period. Ten broad themes are analysed in this book: BBIN, BIMSTEC, SAARC, ASEAN, MGC, Act East - North East, BCIM, BRI, Act Far East and Indo-Pacific. This volume highlights what, in author's best judgement, should be the direction for India's expanding neighbourhood. It is an economist's insight and field experience based analysis that offers guidelines for international cooperation. This volume is an invaluable companion for the policymakers, academia, students of international relations, diplomats and the general readership as well. India's foreign policy started attracting renewed global attention since the beginning of the economic reforms in 1991 which led to the gradual opening of the Indian economy. India's trade has expanded manifold and today contributes over 40 per cent of its GDP, as compared about 3 per cent before. In PPP terms, India is the world's one of the top five largest economies. Clearly, the world expects India to play a larger role, commensurate with its size and growing power. In rising protectionism worldwide, countries, particularly developing and LDCs are looking towards a greater regional cooperation.