One of the most striking features of South Asian trade is how little the region trades internally. Intra-regional trade within South Asia remains among the lowest in the world relative to geographic proximity. Political tensions — especially between India and Pakistan — have prevented the emergence of a deeply integrated regional production system comparable to ASEAN or the European Union. This is a major missed opportunity.
Scarcity of cooking fuel is pushing people, particularly across South Asia, toward hunger. Livelihoods have been lost among the large unorganised labour force while thousands of self-employed street vendors, smaller restaurants and eateries are being forced to close shop, facing a scary, insecure future. For middle class households across India, everyday snacks like the samosa or dosa have become scarce because of shortage and high prices of cooking gas cylinders.
India is one of the world’s largest suppliers of generic medicines and APIs to Europe. If the EU begins favouring “Made in EU” pharmaceutical production through procurement preferences, subsidies or state aid, Indian drug manufacturers could face reduced access to EU public procurement contracts and tougher supply-chain resilience requirements.
India’s pharma export market has been affected as India supplies medicines to more than 200 countries. Supply chain interruption not only hurts Indian producers but also creates medicine scarcity in the US, UK, and African markets that highly depend on Indian generics. From the logistics end, re-routing of cargo away from conflict-ridden corridors such as the Red Sea and Strait of Hormuz has increased freight insurance premiums, distressing Indian exporters who function on lean cost structures.
The rise of nationalist sentiments globally and in Europe, as seen in the premiership of Giorgia Meloni in Italy and Rishi Sunak in Britain, are conflating political circumstances for a global pushback against China’s actions where these countries are ready to call out China in a more forthright manner.
A forceful "unification" of Taiwan has been projected by most analysts as happening within the next five years of Xi’s new third term, as he will need this to cement a history-making legacy that will help him extend his rule for life
Bangladesh negotiated with India for 35 years, but the negotiations did not make any headway due to the river's importance to West Bengal. So Bangladesh has to look for other solutions where advanced Chinese technologies and experiences may have something to offer.
This partnership is also mutually driven by concerns over China’s territorial and naval expansion in its neighbourhood. As India prepares for the Malabar exercise being hosted by Japan this year, the focus should be on providing a stable, secure and prosperous Indo-Pacific.
Taipei needs full regional support for its survival and in its efforts to repel a Chinese invasion; it cannot afford to be distracted by other lingering issues with other neighbours, including Japan, which Beijing is happy to exploit to its advantage.
"The National Defense Strategy is really premised on this urgent need to sustain and strengthen deterrence with the focus on the People's Republic of China," the US official said.
Myanmar's military junta is facing fierce resistance from various ethnic minorities. A shadow government, called National Unity Government (NUG), was formed to counter the military government. The shadow government has already appealed to the international community for support, to which the United States, the European Union and ASEAN member states have responded.
Experts have even called for Japan to deepen bilateral security cooperation with India, Britain and France, countries that have shown a new resoluteness towards Chinese actions in the Indo-Pacific.
No country comes close to China’s sophisticated influence-seeking tools and the way it leverages its soft power. The relentless pursuit by Chinese propagandists, out to stake their claim on the global information order, are challenges that the independent global information order needs to meet.
The launching of supply chain resilience in the Indo-Pacific region is another attribute of the rising interest in India. India’s strong leadership in the region evokes new opportunities to reap benefits from its low-cost hub, laden with high IT technology.
Colonna tweeted in French that it was the “launch of a new trilateral format in the #Indo-Pacific zone with India and the Emirates“ with “a common ambition to move forward in 4 areas: #security and #defence, #Climate, #Technologies and people(-to-people) exchanges”.
Professor Thussu says, ”Although New Delhi remains a traditional friend of Dhaka, the growing presence of China in Bangladesh and elsewhere in South Asia, makes it difficult for Hasina to prioritize India over China: the scale and depth of Chinese investment, aid etc. can’t be matched by India.”
In this regard, both ASEAN and Malaysia seem to have lost their appeal to the West for a deeper security foothold, with Washington realising that the current situation of the region's pandering to Beijing makes it difficult for the US to establish rooted military alliances and placement of strategic anti-missile capacities, among others
Not surprisingly, India has not come out with any condemnation of China for its atrocities in Xinjiang, a classic example of India in recent times trying to steer clear of global contestations
It will be for the first time that the Pentagon is getting involved in a high-altitude exercise with Indian troops, a fact that will not go unnoticed in Beijing. Is staging these combat drills so close to the disputed region indicative of a strategic shift on the part of New Delhi?
