Shashank Mattoo
Shashank Mattoo

@MattooShashank

11 Tweets Mar 04, 2023
India's most exciting diplomatic relationship lies East
-3rd most powerful country in Asia (Lowy Institute)
-$5tn economy
-$42 billion in investments in ๐Ÿ‡ฎ๐Ÿ‡ณ over next 5 yrs
-3rd largest defence spender (in next 5 yrs)
A๐Ÿงตon the partner that could help ๐Ÿ‡ฎ๐Ÿ‡ณ transform Asia ๐Ÿ‘‡(1/11)
(2/11)
That partner is Japan
Why I picked ๐Ÿ‡ฏ๐Ÿ‡ต and not the US, France or Australia
-Tokyo has breathtaking economic plans for ๐Ÿ‡ฎ๐Ÿ‡ณ
-Has a strategy to take on ๐Ÿ‡จ๐Ÿ‡ณ in S. Asia
-Japan's defence revolution could remake Asia
-๐Ÿ‡ฎ๐Ÿ‡ณ&๐Ÿ‡ฏ๐Ÿ‡ต see eye to eye on how to solve regional problems
(3/11)
1. Economics: ๐Ÿ‡ฏ๐Ÿ‡ต believes in the ๐Ÿ‡ฎ๐Ÿ‡ณ growth story % will put its money where its mouth is
Case in point: PM Kishida's pledge to put 5 tn yen ($42 bn) into ๐Ÿ‡ฎ๐Ÿ‡ณ over the next 5 yrs
The plans ๐Ÿ‡ฏ๐Ÿ‡ต's diplomats have outlined to me ๐Ÿ‘‡
livemint.com
(4/11)
2. The ๐Ÿ‡จ๐Ÿ‡ณ plan
Some weeks ago, a ๐Ÿ‡ฏ๐Ÿ‡ต diplomat laid out his country's econ. strategy to fight ๐Ÿ‡จ๐Ÿ‡ณ in ๐Ÿ‡ฎ๐Ÿ‡ณ's neighbourhood
Brief Sketch
1. ๐Ÿ‡ฏ๐Ÿ‡ต manufacturing investments moving out of Bangkok & Mekong region because of high wages
Contd.
(5/11)
2. Work w. ๐Ÿ‡ฎ๐Ÿ‡ณ&๐Ÿ‡ง๐Ÿ‡ฉ to cut tariffs, build infra w.๐Ÿ‡ฏ๐Ÿ‡ต financing
3. Jointly attract ๐Ÿ‡ฏ๐Ÿ‡ต firms to ๐Ÿ‡ฎ๐Ÿ‡ณ's Northeast & ๐Ÿ‡ง๐Ÿ‡ฉ
4. As econ. activity increases, ๐Ÿ‡ฏ๐Ÿ‡ต built infra like Matabari port in ๐Ÿ‡ง๐Ÿ‡ฉ will connect ๐Ÿ‡ฎ๐Ÿ‡ณ to SE Asia & counter ๐Ÿ‡จ๐Ÿ‡ณ
My exclusive story ๐Ÿ‘‡
livemint.com
(6/11)
๐Ÿ‡ฏ๐Ÿ‡ต wants to collaborate w. ๐Ÿ‡ฎ๐Ÿ‡ณ on building foreign infra projects in Nepal, Sri Lanka & SE Asia
This will maximise funding impact & pull the region away from ๐Ÿ‡จ๐Ÿ‡ณ
The exclusive story I did with the Japan International Cooperation Agency๐Ÿ‘‡
livemint.com
(7/11) 3. Japan's defence revolution
10 years ago, ๐Ÿ‡ฏ๐Ÿ‡ต had a ban on def. exports
Today, Tokyo is looking to make & sell a sixth-generation fighter w. UK & Italy
Over nxt. 5 yrs:
-๐Ÿ‡ฏ๐Ÿ‡ต to inc def. spending to 2% of GDP; become 3rd largest spender
-Ambitious new Nat'l Sec. Strategy
(8/11)
Why that matters to ๐Ÿ‡ฎ๐Ÿ‡ณ
-๐Ÿ‡ฏ๐Ÿ‡ต has identified๐Ÿ‡จ๐Ÿ‡ณ as strategic threat
-As US power declines, ๐Ÿ‡ฎ๐Ÿ‡ณ will need ๐Ÿ‡ฏ๐Ÿ‡ต to shoulder burden in E. Asia
-๐Ÿ‡ฏ๐Ÿ‡ต's new NSS will use inc. budget for maritime exercises, def. prod. w. ๐Ÿ‡ฎ๐Ÿ‡ณ
- More money for ๐Ÿ‡ฎ๐Ÿ‡ณ&๐Ÿ‡ฏ๐Ÿ‡ต to support SE Asian ctries defence vs๐Ÿ‡จ๐Ÿ‡ณ
(9/11) Why that matters to ๐Ÿ‡ฎ๐Ÿ‡ณ
-Def. relationship btwn. Delhi & Tokyo has been underdeveloped. Few breakthroughs on def. research & dev. & def. sales have fallen through
-6th Gen fighter deal w. ๐Ÿ‡ฌ๐Ÿ‡ง&๐Ÿ‡ฎ๐Ÿ‡น a sign that ๐Ÿ‡ฏ๐Ÿ‡ต looking beyond US for new def. partners. Opportunity for ๐Ÿ‡ฎ๐Ÿ‡ณ
(10/11)
4. ๐Ÿ‡ฎ๐Ÿ‡ณ&๐Ÿ‡ฏ๐Ÿ‡ต take similar approaches to regional challenges
Example: Myanmar
While Tokyo condemned 2021 military coup & halted new dev. projects, ๐Ÿ‡ฏ๐Ÿ‡ต has maintained dialogue & avoided sanctions like ๐Ÿ‡ฎ๐Ÿ‡ณ
West has chosen tough sanctions & democratic evangelism
(11/11)
Understated, effective, not evangelical abt. values: hallmarks of ๐Ÿ‡ฎ๐Ÿ‡ณ&๐Ÿ‡ฏ๐Ÿ‡ต diplomacy
Other strengths ๐Ÿ‡ฏ๐Ÿ‡ต has:
-Reputation for delivering on dev. projects
-Trusted mediator in region
A great article about how valuable ๐Ÿ‡ฏ๐Ÿ‡ต is as an ally in Asia ๐Ÿ‘‡
economist.com

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