The “Look East Policy” of India is a foreign policy initiative that was launched in 1991. The policy aims to improve India’s economic and strategic ties with Southeast Asia, East Asia, and the Pacific Islands.
The policy has been successful in enhancing opportunities for India in a number of areas, including:
- Mineral trade: India is a major importer of minerals, and the Look East Policy has helped to increase India’s trade with mineral-rich countries in Southeast Asia and East Asia.
- Technology transfer: India is a developing country that is looking to upgrade its technology infrastructure. The Look East Policy has helped India to access new technologies from countries in Southeast Asia and East Asia.
- Infrastructure development: India is a rapidly growing economy that needs to invest in infrastructure development. The Look East Policy has helped India to attract investment from countries in Southeast Asia and East Asia for infrastructure projects.
In conclusion, the “Look East Policy” of India has been successful in enhancing opportunities for India in a number of areas, including mineral trade, technology transfer, and infrastructure development.
Here are some additional details about each of the options:
- Mineral trade: India is a major importer of minerals, including coal, iron ore, and bauxite. The Look East Policy has helped to increase India’s trade with mineral-rich countries in Southeast Asia and East Asia, such as Indonesia, Malaysia, and Vietnam.
- Technology transfer: India is a developing country that is looking to upgrade its technology infrastructure. The Look East Policy has helped India to access new technologies from countries in Southeast Asia and East Asia, such as Singapore, South Korea, and Japan.
- Infrastructure development: India is a rapidly growing economy that needs to invest in infrastructure development. The Look East Policy has helped India to attract investment from countries in Southeast Asia and East Asia for infrastructure projects, such as roads, bridges, and power plants.