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    India investing more in its Act East policy

    Posted 29 Jul 2024

    Updated 30 Jul 2024

    2 min read

    The AEP was articulated during the PM's visit to Myanmar for the East Asia Summit and the ASEAN + India Summit in November, 2014. 

    • AEP is the policy graduation from Look East Policy enacted in 1992.

    About Act East Policy (AEP)

    • AEP focuses on the extended neighborhood (defined for the first time) in the Indo-Pacific region (IPR), with ASEAN as its core. 
    • Objective: Promote economic cooperation, cultural ties and develop strategic relationships in the IPR by providing enhanced connectivity.

    Achievements under AEP

    • AEP positioned India’s launching pad to the IPR: E.g., India’s support of Philippines' on South China Sea dispute.
    • AEP  forged stronger strategic partnerships with Indonesia, Vietnam, Malaysia, Japan, etc., and established close links with BIMSTEC  and the IOR.
    • Greater integration of Northeastern states with ASEAN to end economic isolation. E.g., India-Japan Act East Forum to promote development and connectivity.

    Roadblocks to AEP

    • Deeper Chinese integration in the ASEAN economy.
    • India’s economic under-performance: E.g., India’s trade deficit $ 43.57 billion.

     

    Way forward

    Review of  ASEAN FTA; promote tourism, partner with Singapore and Malaysia to boost Indian Semiconductor Mission, etc.

    Initiatives under Act East Policy

    • Regional connectivity: E.g., India-Myanmar-Thailand trilateral highway;  Kaladan multi modal transport project.
    • Played the role of ‘pharmacy of the world’: E.g., Supplied Covid-19 vaccines under Vaccine Maitri initiative
    • Defense exports: E.g., India’s supply of the BrahMos missile system to the Philippines.
    • Restoring cultural ties by restoring Monuments: E.g., My Son temples (Vietnam), Buddhist Pagodas in Bagan (Myanmar), Wat Phou Temple Complex (Laos),  Preah Vihear temple (Cambodia).
    • Tags :
    • Act East Policy
    • ASEAN
    • East Asia Summit
    • India-Japan Act East Forum
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