India's most exciting diplomatic relationship lies East
-3rd most powerful country in Asia (Lowy Institute)
-$5tn economy
-$42 billion in investments in ๐ฎ๐ณ over next 5 yrs
-3rd largest defence spender (in next 5 yrs)
A๐งตon the partner that could help ๐ฎ๐ณ transform Asia ๐(1/11)
-3rd most powerful country in Asia (Lowy Institute)
-$5tn economy
-$42 billion in investments in ๐ฎ๐ณ over next 5 yrs
-3rd largest defence spender (in next 5 yrs)
A๐งตon the partner that could help ๐ฎ๐ณ transform Asia ๐(1/11)
(3/11)
1. Economics: ๐ฏ๐ต believes in the ๐ฎ๐ณ 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 ๐ฎ๐ณ over the next 5 yrs
The plans ๐ฏ๐ต's diplomats have outlined to me ๐
livemint.com
1. Economics: ๐ฏ๐ต believes in the ๐ฎ๐ณ 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 ๐ฎ๐ณ over the next 5 yrs
The plans ๐ฏ๐ต's diplomats have outlined to me ๐
livemint.com
(4/11)
2. The ๐จ๐ณ plan
Some weeks ago, a ๐ฏ๐ต diplomat laid out his country's econ. strategy to fight ๐จ๐ณ in ๐ฎ๐ณ's neighbourhood
Brief Sketch
1. ๐ฏ๐ต manufacturing investments moving out of Bangkok & Mekong region because of high wages
Contd.
2. The ๐จ๐ณ plan
Some weeks ago, a ๐ฏ๐ต diplomat laid out his country's econ. strategy to fight ๐จ๐ณ in ๐ฎ๐ณ's neighbourhood
Brief Sketch
1. ๐ฏ๐ต manufacturing investments moving out of Bangkok & Mekong region because of high wages
Contd.
(5/11)
2. Work w. ๐ฎ๐ณ&๐ง๐ฉ to cut tariffs, build infra w.๐ฏ๐ต financing
3. Jointly attract ๐ฏ๐ต firms to ๐ฎ๐ณ's Northeast & ๐ง๐ฉ
4. As econ. activity increases, ๐ฏ๐ต built infra like Matabari port in ๐ง๐ฉ will connect ๐ฎ๐ณ to SE Asia & counter ๐จ๐ณ
My exclusive story ๐
livemint.com
2. Work w. ๐ฎ๐ณ&๐ง๐ฉ to cut tariffs, build infra w.๐ฏ๐ต financing
3. Jointly attract ๐ฏ๐ต firms to ๐ฎ๐ณ's Northeast & ๐ง๐ฉ
4. As econ. activity increases, ๐ฏ๐ต built infra like Matabari port in ๐ง๐ฉ will connect ๐ฎ๐ณ to SE Asia & counter ๐จ๐ณ
My exclusive story ๐
livemint.com
(6/11)
๐ฏ๐ต wants to collaborate w. ๐ฎ๐ณ on building foreign infra projects in Nepal, Sri Lanka & SE Asia
This will maximise funding impact & pull the region away from ๐จ๐ณ
The exclusive story I did with the Japan International Cooperation Agency๐
livemint.com
๐ฏ๐ต wants to collaborate w. ๐ฎ๐ณ on building foreign infra projects in Nepal, Sri Lanka & SE Asia
This will maximise funding impact & pull the region away from ๐จ๐ณ
The exclusive story I did with the Japan International Cooperation Agency๐
livemint.com
(7/11) 3. Japan's defence revolution
10 years ago, ๐ฏ๐ต had a ban on def. exports
Today, Tokyo is looking to make & sell a sixth-generation fighter w. UK & Italy
Over nxt. 5 yrs:
-๐ฏ๐ต to inc def. spending to 2% of GDP; become 3rd largest spender
-Ambitious new Nat'l Sec. Strategy
10 years ago, ๐ฏ๐ต had a ban on def. exports
Today, Tokyo is looking to make & sell a sixth-generation fighter w. UK & Italy
Over nxt. 5 yrs:
-๐ฏ๐ต to inc def. spending to 2% of GDP; become 3rd largest spender
-Ambitious new Nat'l Sec. Strategy
(8/11)
Why that matters to ๐ฎ๐ณ
-๐ฏ๐ต has identified๐จ๐ณ as strategic threat
-As US power declines, ๐ฎ๐ณ will need ๐ฏ๐ต to shoulder burden in E. Asia
-๐ฏ๐ต's new NSS will use inc. budget for maritime exercises, def. prod. w. ๐ฎ๐ณ
- More money for ๐ฎ๐ณ&๐ฏ๐ต to support SE Asian ctries defence vs๐จ๐ณ
Why that matters to ๐ฎ๐ณ
-๐ฏ๐ต has identified๐จ๐ณ as strategic threat
-As US power declines, ๐ฎ๐ณ will need ๐ฏ๐ต to shoulder burden in E. Asia
-๐ฏ๐ต's new NSS will use inc. budget for maritime exercises, def. prod. w. ๐ฎ๐ณ
- More money for ๐ฎ๐ณ&๐ฏ๐ต to support SE Asian ctries defence vs๐จ๐ณ
(9/11) Why that matters to ๐ฎ๐ณ
-Def. relationship btwn. Delhi & Tokyo has been underdeveloped. Few breakthroughs on def. research & dev. & def. sales have fallen through
-6th Gen fighter deal w. ๐ฌ๐ง&๐ฎ๐น a sign that ๐ฏ๐ต looking beyond US for new def. partners. Opportunity for ๐ฎ๐ณ
-Def. relationship btwn. Delhi & Tokyo has been underdeveloped. Few breakthroughs on def. research & dev. & def. sales have fallen through
-6th Gen fighter deal w. ๐ฌ๐ง&๐ฎ๐น a sign that ๐ฏ๐ต looking beyond US for new def. partners. Opportunity for ๐ฎ๐ณ
(10/11)
4. ๐ฎ๐ณ&๐ฏ๐ต take similar approaches to regional challenges
Example: Myanmar
While Tokyo condemned 2021 military coup & halted new dev. projects, ๐ฏ๐ต has maintained dialogue & avoided sanctions like ๐ฎ๐ณ
West has chosen tough sanctions & democratic evangelism
4. ๐ฎ๐ณ&๐ฏ๐ต take similar approaches to regional challenges
Example: Myanmar
While Tokyo condemned 2021 military coup & halted new dev. projects, ๐ฏ๐ต has maintained dialogue & avoided sanctions like ๐ฎ๐ณ
West has chosen tough sanctions & democratic evangelism
(11/11)
Understated, effective, not evangelical abt. values: hallmarks of ๐ฎ๐ณ&๐ฏ๐ต diplomacy
Other strengths ๐ฏ๐ต has:
-Reputation for delivering on dev. projects
-Trusted mediator in region
A great article about how valuable ๐ฏ๐ต is as an ally in Asia ๐
economist.com
Understated, effective, not evangelical abt. values: hallmarks of ๐ฎ๐ณ&๐ฏ๐ต diplomacy
Other strengths ๐ฏ๐ต has:
-Reputation for delivering on dev. projects
-Trusted mediator in region
A great article about how valuable ๐ฏ๐ต is as an ally in Asia ๐
economist.com
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