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India’s dilemmas in an Asian century

  • Published
    2nd Jan, 2023

Context:

There is some level of certainty about the emergence of an Asian-centric century but India must prepare itself for the harsh headwinds of the geo-political contestations.

Asian century and (multi)polarity

  • Multipolar Asia: There are two possibilities, one is a multipolar world with Russia, China, Japan, India and the other is a China-dominated Asia.
  • Multipolarity and India’s interest: It can serve India’s interest only if it is underpinned by international law, premised upon respect for the sovereignty and territorial integrity of all countries.
  • Dollar-based trade: Although it is facing serious challenges from Russia and its Asian partners China, Iran, Turkey, India, etc. it will be a matter of concern if the arrangements shift to Yuan.
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