One highlight is VinFast, Vietnam's electric vehicle producer, announcing an investment commitment of US$500 million for a manufacturing plant in Tamil Nadu in south India. The company has also engaged its Indian supply chain with more than 300 local suppliers, aligning with the host country’s domestic industrialization agenda.
Sri Lanka is already seeing signs of higher inflation together with expected slowdown in overall GDP growth during next two years. But the worst impact is going to be gradual shrinking of the middle class and increase in poverty.
ASEAN–India integration through digitalization is therefore not merely a technical choice. It is a strategy to strengthen competitiveness, expand economic self-reliance, and build a stronger position within the Indo-Pacific economic order.
India has demonstrated that economic growth, social transfers and improved access to essential services can substantially reduce extreme deprivation. But the next stage will be considerably more demanding. It requires a different pattern of growth: one that creates productive jobs, raises real wages, increases women's economic independence and distributes the gains from growth more widely
Interestingly, despite gaining significant influence and footprint in Sri Lanka, China’s failure to assist the crisis-hit country has left analysts baffled about Beijing’s thought process. The restructuring of loans, which Colombo sought repeatedly, was ignored by China
During the military commanders' meeting, the Indian side asked for the PLA to move back from all the “friction points”, which is a euphemism for "intrusions" used by India to avoid acknowledging it has lost control of some 1,000 sq km of territory during the 2020 Chinese aggression. For the same reason, India keeps asking of more military-to-military talks, with each round continuing 12-13 hours without any progress, writes Lt Gen P.C. Katoch (retd) for South Asia Monitor
The I2U2 is an attempt to replicate in a different environment the Indo-Pacific Quad of India, the US, Japan and Australia, the goal of which is developing a bulwark of democracies against China
The punitive mood against Chinese firms is not reflected in a diminishing dependence on Chinese goods on the trade front or telecom technology. The dragon remains one of our largest trade partners, writes N. Chandra Mohan for South Asia Monitor
Apart from engaging in projects for upgrading India highways that go all the way till the Bangladesh border, Japan could also collaborate with India in the constantly deferred Agartala (India)-Akhaura (Bangladesh) rail link, something that provides scope for Indo-Japan collaboration under India’s Act East Policy and Japan’s Free and Open Indo-Pacific Strategy, writes Prarthana Sen for South Asia Monitor
Abe was among the first to envision with then-Prime Minister Manmohan the group of democracies as a potential counterweight to China in the Indo-Pacific taking forward the cooperation of the four countries in providing relief during 2004 tsunami
China has harmed Tibet, massacred innocent Tibetans and is occupying Tibet for the last several decades with a vice-like grip and suppressing freedom of the Tibetans
There are several ways whereby the IPEF will outbid China in the Indo-Pacific region and outweigh India’s China dependency, writes S. Majumder for South Asia Monitor
The short game might be Beijing’s to lose for now, but the long game is certainly Washington’s to squander away, writes Collins Chong Yew Keat for South Asia Monitor
Vietnam, an important country of the ASEAN (Association of Southeast Asian Nations), has territorial disputes with China in the South China Sea region. India has oil exploration projects in the Vietnamese waters in the South China Sea. India and Vietnam have been boosting their maritime security cooperation in the last few years to protect common interests.
Since the US is not a member of RCEP, the collaborative approach of the US and India will pose a big challenge to RCEP, which falls under Chinese influence, writes S. Majumder for South Asia Monitor
Michael Kugelman, a senior fellow at the Washington-based Wilson Centre, noted in a Foreign Policy Brief that the Biden administration’s growing engagement with countries like Sri Lanka, Nepal, and the Maldives, “marks a shift for Washington, which in recent decades has expended most of its diplomatic capital in the region on India, Pakistan, and Afghanistan.”
Beijing also seems nervous as its earlier run, largely on the back of support of the now-discredited Rajapaksa brothers, appears to have come to an end. Unlike earlier, a crisis-hit Sri Lanka in need of assistance is more eager than any time before in recent years to embrace India, the West, and the United States.
Kim Jong-un's new strategy shifts the region's counter-reaction to a new level of risk that will invite changes in the dynamics of the military spectrum, writes Collins Chong Yew Keat for South Asia Monitor
The summit is taking place under the shadow of the Russia-Ukraine conflict. It is also taking place at a time when relations between China and the Quad member countries have become fraught, with Beijing increasingly challenging democratic values and resorting to coercive trade practices.
