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What is Look East Policy

Chapter 13
Strategic Cooperation and Partnerships Between Australia and South Asia: Economic Development, Trade, and Investment Opportunities Post COVID-19
A policy framed by the government to strengthen strategic and economic ties with the South-East Asia members.
Published in Chapter:
New Trade Frontiers Between India and Australia: Challenges and Opportunities Post COVID-19
Risha Khandelwal (JECRC University, India) and Princi Gupta (JECRC University, India)
Copyright: © 2022 |Pages: 21
DOI: 10.4018/978-1-7998-8657-0.ch013
Abstract
The rising geopolitical tensions between China and Australia can develop new trade frontiers between India, Australia, and the South Asian region as a whole. With this view, the chapter aims to study the present state of bilateral trade relations between India-Australia, identify obstacles that hindered the growth of trade relations between India-Australia in the past, understand the impact of comprehensive economic cooperation for free trade agreement between the two countries. The chapter further discusses the challenges that COVID-19 has posed for trade between Australia and China as well as the future opportunities for bilateral trade between India and Australia. The 2020-21 Australia-India Joint Statement on Comprehensive Strategic Partnership and Comprehensive Economic Cooperation agreement is a step forward in a positive direction in meeting many of the UN SDGs. This chapter is essential for understanding the complexities of “trade creation” between (India and Australia) and “trade diversion” between (China and Australia).
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More Results
Chapter 13
Japan-India Trade Relations: History, Catalysts, and Challenges
Look East policy is an effort to cultivate extensive economic and strategic relations with the nations of Southeast Asia to bolster its standing as a regional power and a counterweight to the strategic influence of the People's Republic of China.
Published in Chapter: Japan-India Trade Relations: History, Catalysts, and Challenges; From: Evaluating Trade and Economic Relations Between India and Southeast Asia
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 10
Evaluating the Future Possibilities of India-ASEAN Economic Relations: A Critical Assessment
It is presently referred to as Act East Policy. It is an India effort to cultivate and ensure extensive strategic and economic relations with the countries of South East Asian to bolster its standing as a counterweight and a regional power to the strategic influence and effect of the People’s Republic of China.
Published in Chapter: Evaluating the Future Possibilities of India-ASEAN Economic Relations: A Critical Assessment; From: Evaluating Trade and Economic Relations Between India and Southeast Asia
Full Text Chapter Download: US $37.50 Add to Cart
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