Prøve GULL - Gratis

DECADE OF ACT EAST & THE NEED FOR CLOSER TIES

The New Indian Express Sambalpur

|

February 11, 2025

Though the Act East policy has brought us closer, India and ASEAN countries still view each other as glasses half empty. There is need and scope for improvement in the ties

- PINAK RANJAN CHAKRAVARTY

ROM ties that remained cool during the Cold War era, India's relations with the most important regional organisation in Southeast Asia, ASEAN, has come a long way.

ASEAN started as a regional organisation when five nations-Indonesia, Malaysia, the Philippines, Singapore and Thailand-established it in August 1967 at a meeting in Bangkok. Vietnam joined in 1995, Laos and Myanmar in 1997, Cambodia in 1999 and Brunei in 1984, making up the 10 that comprise ASEAN today.

India and ASEAN were not on the same side during the Cold War. India stuck to the principle of non-alignment and some ASEAN nations were allied to the US.

Tectonic geopolitical shifts like the disintegration of the Soviet Union created opportunities for the reassessment of India's foreign policy.

The impressive economic growth of ASEAN nations, China's phenomenal rise as an economic power and technological advances that ushered in the digital era were strategic imperatives that became the driver of our policy changes.

Under P V Narasimha Rao as prime minister, India began its Look East policy in 1991, which was renamed Act East policy (AEP) by Narendra Modi in 2014. A special envoy to ASEAN based at Jakarta was appointed.

In 1992, India became a sectoral partner.

In 2018, the ASEAN-India commemorative summit was held in Delhi.

India and ASEAN still view each other as glasses half empty. Expectations are much higher than actual achievements.

India has focussed much more on the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, at the expense of the South Asian Association for Regional Cooperation, signalling that its AEP intended to expand eastwards and into the Indo-Pacific region.

The free trade agreement with ASEAN became operational in 2010 and by 2018, ASEAN had become India's 4th largest trading partner.

FLERE HISTORIER FRA The New Indian Express Sambalpur

The New Indian Express Sambalpur

The New Indian Express Sambalpur

Changes we saw post '83, we hope & expect the same now: Saikia

O n a dreamy night, India beat South Africa to win their first Women’s World Cup. BCCI secretary Devajit Saikia called it a “landmark event” that will change the landscape of women’s cricket in the country.

time to read

1 mins

November 04, 2025

The New Indian Express Sambalpur

₹1L cr fund to boost pvt investment in research

PRIME Minister Narendra Modi on Monday launched a ₹1 lakh crore Research, Development and Innovation Scheme for high-risk and high-impact projects, marking a significant shift in India's research sector.

time to read

2 mins

November 04, 2025

The New Indian Express Sambalpur

Why is foreign capital flooding banking sector

WHAT'S driving the foreign capital inflows —close to $15 billion so far this year alone— into financial sector of late? Already foreign institutions own 48.4% in HDFC Bank and 46.8% in ICICI Bank. The regulatory cap for foreign ownership in private banks is 74%.

time to read

2 mins

November 04, 2025

The New Indian Express Sambalpur

City Union Bank profit up 15% at ₹329 cr on interest income, better asset quality

KUMBAKONAM.based private lender City Union Bank on Monday reported 15% rise in net profit from ₹285 crore in Q2FY25 to ₹329 crore Q2FY26, driven by an increase in interest income and better asset quality.

time to read

1 min

November 04, 2025

The New Indian Express Sambalpur

The New Indian Express Sambalpur

Industry bodies seek biz-friendly tax regime

AS the finance ministry is gearing up for the next Union Budget, industry chambers like CII, ASSOCHAM, PHDCCI, FICCI called for a more predictable and business-friendly direct tax regime with more focus on faster dispute resolution and employment boost.

time to read

1 mins

November 04, 2025

The New Indian Express Sambalpur

Chief secys say sorry for not filing compliance report in stray dog case

THE chief secretaries of states and Union Territories have tendered an unconditional apology before the Supreme Court for not filing a compliance affidavit on the issue of the menace of stray dog bites.

time to read

1 min

November 04, 2025

The New Indian Express Sambalpur

A LINGUISTIC GAME OF DEFINITIONS

OFTENTIMES definitions can limit you, imposing unnecessary constraints, enclosing things within the four corners of a narrow, arbitrary boundary that you set for yourself. Other times, they provide no real meaning as the thing defined may not mean anything by itself.

time to read

3 mins

November 04, 2025

The New Indian Express Sambalpur

GUJARAT CID BUSTS ₹200 CRORE CYBER RACKET WITH INTERNATIONAL LINKS

GUJARAT CID (Crime) and the Railways' cyber centre have busted a ₹200-crore cybercrime racket with tentacles stretching from Gujarat to Dubai.

time to read

1 min

November 04, 2025

The New Indian Express Sambalpur

The New Indian Express Sambalpur

'Jungle Raj a slur used by those who fear losing power'

We are fighting for dignity, employment and development, confident of winning decisive mandate, says INDIA bloc chief ministerial face Tejashwi Prasad Yadav

time to read

5 mins

November 04, 2025

The New Indian Express Sambalpur

Tejashwi, Tej Pratap fight it out as rift in Lalu family widens

RJD chief Lalu Prasad's estranged son and former minister Tej Pratap Yadav on Monday hit back at his younger brother Tejashwi Prasad Yadav following the latter's remark that \"party is his parent\".

time to read

1 mins

November 04, 2025

Listen

Translate

Share

-
+

Change font size