The “Look East Policy” of India is a foreign policy initiative that aims to strengthen India’s economic and strategic ties with Southeast Asia. The policy was launched in 1992, and it has been successful in enhancing India’s economic and strategic interests in the region.
The “Look East Policy” has the potential to enhance opportunities for mineral trade with neighboring countries. India is a major importer of minerals, and Southeast Asia is a major producer of minerals. The “Look East Policy” could help to increase trade between India and Southeast Asia in minerals.
The “Look East Policy” also has the potential to enhance opportunities for technology transfer. India is a developing country, and it needs to import technology from developed countries. Southeast Asia is a major producer of technology, and the “Look East Policy” could help to increase technology transfer from Southeast Asia to India.
The “Look East Policy” also has the potential to enhance opportunities for infrastructure development. India is a rapidly growing economy, and it needs to invest in infrastructure development. Southeast Asia is a major market for infrastructure development, and the “Look East Policy” could help to increase infrastructure development in India.
In conclusion, the “Look East Policy” of India could potentially enhance opportunities for mineral trade with neighboring countries, technology transfer, and infrastructure development.