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Evaluating the Future Possibilities of India-ASEAN Economic Relations: A Critical Assessment

Evaluating the Future Possibilities of India-ASEAN Economic Relations: A Critical Assessment
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Author(s): Ezeifekwuaba Tochukwu Benedict (University of Lagos, Nigeria & South America University, USA)
Copyright: 2022
Pages: 21
Source title: Evaluating Trade and Economic Relations Between India and Southeast Asia
Source Author(s)/Editor(s): Anita Medhekar (Central Queensland University, Australia) and Harpreet Kaur (Central Queensland University, Australia)
DOI: 10.4018/978-1-7998-5774-7.ch010

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Abstract

Foreign trade relations are due to the measures of foreign policy adopted and applied by a nation. The Indian foreign policy was majorly West focused and has been substituted with a more nuanced and inclusive policy that promotes the enhancement of security, diplomatic, and trade ties with the Eastern nations. The “Look East” Policy was executed in 1991 and it was substituted as “Act East” in 2014 by Prime Minister Narendra Modi who provided a modern push to the Indian regional diplomacy by concentration on Southeast Asian neighbours. This policy is known as a multi-faceted technique to create strategic connections with numerous individual nations as well as build a lasting relation with Association of Southeast Asian Nations (ASEAN). In this regard, this chapter evaluates the role and responsibility of border states in revitalizing regional socio, cultural, and economic ties with the neighbouring countries. This chapter evaluates how the participation of Northeastern Indian States provides opportunities for New Delhi in ensuring a tremendous regional diplomacy with ASEAN.

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