India’s Indo-Pacific Strategy – UPSC GS2

India’s Indo-pacific strategy
  • India’s Indo-Pacific strategy was articulated by our Prime Minister at the Shangri-La Dialogue in Singapore in 2018 under the ‘SAGAR’ concept of Security and Growth for All in the Region.
  • This was further developed at the East Asia Summit of November 2019, where seven pillars of the Indo-Pacific Oceans’ Initiative were enunciated. These seven pillars are:
    • Maritime security
    • Maritime ecology
    • Maritime resources
    • Capacity building and resource sharing
    • Disaster risk reduction and management
    • Science, technology and academic cooperation
    • Trade connectivity and maritime transport
  • To take forward its call for a free, open, inclusive and connected region, New Delhi has joined and created new partnerships, such as the Quad, Supply Chain Resilience Initiative and various plurilateral configurations.
Importance of Economic Cooperation:
  • India’s trade with the participating countries has risen by about eight times over the last two decades, with the US, UAE and Singapore as our top export destinations in the region.
  • Scope of emerging economic partnerships beyond the usual areas of trade and investment.
  • Important areas that the region’s private industry must capitalize on, namely
    • Healthcare, Healthcare infra and medical supplies
    • Digital sector: This includes both physical as well as soft digital infrastructure. Such as Cross-border e-commerce, Data management, cybersecurity and capacity building
    • Green & sustainable development
Way forward
The seven identified pillars of India’s Indo- Pacific strategy centred around maritime engagements can benefit greatly from the participation of industry across the region.

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