ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Rahul SenSubscribe to Rahul Sen

India-East Asia Integration: A Win-Win for Asia

This paper argues that India's unilateral liberalisation policies since the early 1990s, and purposeful and strategic pursual of its Look East Policy have resulted in considerably greater integration with the rest of Asia than is commonly realised or acknowledged. Moreover, the enabling conditions for greater economic integration among major Asian economies have been laid. If Asia is to increase its economic and political weight in world affairs, India's involvement would have to be an integral part of the Asia-wide cooperation. It is in this context that closer cooperation among Japan, ASEAN, South Korea, India and China would provide considerable win-win opportunities and will have far-ranging implications for the world.

ASEAN-India Economic Relations

While the density of economic and political interactions between ASEAN and India has been increasing, there has not been much progress in the evolution of the mindset among ASEAN elites in some countries towards deepening engagement with India. There is also a curious lack of expertise about or interest in India in ASEAN universities, think tanks, and the media. Thus, while the next natural upgrading of relations would be to turn the de facto ASEAN plus Three grouping to ASEAN plus Four to include India, there remain ideological, informational and other biases that seem to be hindering this from happening in the near term. This paper examines the future of ASEAN-India economic relations.

Japan-Singapore Economic Partnership Agreement

The Japan-Singapore trade agreement which has been agreed to recently and is in the process of being implemented is viewed as a possible template for other trade agreements in Asia and therefore warrants close examination.
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