THE REGION OF GREATER EAST ASIA AND INDIA’S POLICY
NUMBER of MAGAZINE: 35 (1) 2009ã.
The HEADING: FOREIGN AFFAIRS
AUTHORS: Lounev Sergey
1. Practically lacking the economic inter-augmentability and juxtaposition of economic interests prevent India from active participation in all-Asian integration. Moreover, the Republic tends to restricting the outer ties of those countries for which it has real levers of pressure. Under these conditions, in the foreseeable future, India, while continuing to develop economic interrelations, would give special value to cultural-civilization, military-political, and, primarily, political relations. The Asian giant’s prospects are good enough, in view of increasingly more countries in the region are coming to positively perceive India. 2. In general, the East Asia becomes India’s more important political and economic partner. The Republic’s economic ties with the states in the region are being actively strengthened, though still are at rather a low level. Thus, India - Japan economic relations are, in main, of political character, rather than have any real economic background. This is much to do with the India’s marked focus on the domestic market that predetermines certain economic isolation of the country. The Asian giant has no developed complimentary interdependence with the neighbor-states. 3. In general, it is China that is to play a key role in building up the Greater East Asia. At that, the policy followed by the USA and Japan would have the proportional impact to the effect of transforming the macro-region. At present, Russia’s positions are not strong enough (mainly, due to lack of understanding the priority ranking of developing ties with Asia), though it has rather high potential, and its Far Eastern and East-Siberian economic regions have already been integrated into Asia, their economic ties with Asia are closer than those with the European Russia. As far as India concerns, it might well become the second big actor in the Greater East Asia in the long run.
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