The Indian ‘Act East Policy’ ( earlier know as the Look East Policy), entails long-term strategic engagement with countries that are located east of itself, these include Japan, South Korea, the ten -country ASEAN as a block and also bilaterally with each of them.
India and US from reluctance to trust
Historically, Indo-US relations held a promise in the 1960s when President Kennedy and Prime Minister Nehru were at the helm but were held hostage to apprehensions for about four decades.
The meet at Tokyo on October 6 literally set the tone for the grouping to mature. It sent a clear message that the grouping is moving into the next domain– being weaponized.
The policy aims to promote ‘Make in India’ as OEM’s which transfer technology to Indian companies will gain under the new policy while those who can move their manufacturing plants to India will get priority.
From a reluctant player in the ‘Quad’, or the Quadrilateral, India is now shedding its ambivalence, to openly work towards making the alliance stronger and a seamlessly effective entity in the Indo-Pacific.
India imports weapons and equipment to the tune of $ 9 billion annually, with several items off the import list, the orders will go to local manufacturers. Orders of estimated an Rs 400,000 Crore ( $ 53 billion) are expected to be placed upon the domestic industry within the next five to seven years
Australia, a significant ally of India, US and Japan, has shed its ‘reticence’ on the South China Sea and ‘rejected’ China’s expansive maritime claims while terming these ‘inconsistent’ with the United Nations Convention on the Law of the Sea (UNCLOS).
US President Donald J. Trump, on July 24, lowered a subset of UAS from category I, with highest restrictions, to category II, allowing easier exports without getting bogged down with MTCR rules. All other US rules will continue to apply on such equipment.
“The Indo-Pacific region will continue to lead by most macroeconomic indicators, such as trade flows, net investment flows, and real GDP growth.