Saturday, November 2, 2013

Look East Policy | indian policy

Look East Policy 



In the post cold war era, a significant aspect of India's foreign policy is the Look East Policy. During the cold war, India's relations with its South East Asian neighbours was not very strong. After the end of the cold war, the government of India particularly realised the importance of redressing this imbalance in India's foreign policy. Consequently, the Narsimha Rao government in the early nineties of the last century unveiled the look east policy. Initially it focused on renewing political and economic contacts with the countries of East and South-East Asia.

At present, under the Look East Policy, the Government of India is giving special emphasis on the economic development of backward north eastern region of India taking advantage of huge market of ASEAN as well as of the energy resources available in some of the member countries of ASEAN like Burma. Look-east policy was launched in 1992 just after the end of the cold war, following the dissolution of the Soviet Union. After the start of liberalisation, it was a very strategic policy decision taken by the government in the foreign policy. To quote Prime Minister Manmohan Singh "it was also a strategic shift in India's vision of the world and India's place in the evolving global economy".


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