Aditya SrivastavaAIR 1 · CSE 2023 · 175 wordsTheir whole copy
Opening · a recent event
The recent visit of PM to UAE and the adoption of UPE by the same threw light at evolving economic centricity of India - West Asia relations. However, now the relations are centred on geoeconomics.
Body · points and prose
il based dealings - only a taker - lack of symmetry in relation - poorer country - tussle with Israel -> need for dehyphenation
However, now the relations are centred on geoeconomics.
- De dollarization: using Indian rupee to buy oil from UAE
- Collaboration on green energy as with Saudi Arabia
- Flow of [Khaleeji capital] to India. Eg Emaar mall in Srinagar.
- shifting priority due to changing
nature of West Asian country priority, Eg Saudi Vision 2030 - solar focus. 5) Food corridors; built for Bahrain and UAE - Indian farmer benefit. 6) Defence collaboration; west Asian company [Carbene] making guns for India.
Yet, the geopolitics are far from over as -
- Welfare of diaspora still central theme - 8 million diaspora there.
- I2U2 organization formed for geostrategic cooperation.
- India still has [65%] oil imports from OPEC members.
- Value of Abraham Accords allow for comprehensive policy.
Close · a way forward
In this light, India needs to engage deeply to uphold the common interests for integrated development of both regions.