South East Asia - Latest News Update, Information, Photos & Videos on South East Asia at Lokmat Times

Speaking at an event here, his first public function since taking over as the Minister on May 31, the former Foreign Secretary said India should follow a generous policy to pave the way for better connectivity with countries in South Asia and should incentivise cooperation in the neighbourhood by often stepping out and not emphasising too much on reciprocity."SAARC has certain problems and I think we know. Even if you were to put terrorism issue aside, there are connectivity issues, there are trade issues out there," Jaishankar said.He was apparently referring to Pakistan, with which India is unable to cozy up because of continued terrorism emanating from that country and hurting this country.Pakistan is a member of the eight-nation South Asian Association of Regional Cooperation (SAARC) grouping along with India, Afghanistan, Bhutan, Nepal, Bangladesh, Sri Lanka and Maldives.When Modi took oath as Prime Minister for his first term in 2014, he had invited leaders of this grouping, including Pakistan's Prime Minister Nawaz Sharif who had attended the event. The idea was to assert his special focus to India's neighbourhood.However, this time, he chose to invite leaders of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), another regional grouping in which six SAARC nations are members but not Pakistan."If you look why BIMSTEC leaders were invited for the (PM's) swearing-in, because we see today an energy, a possibility, a mindset in BIMSTEC which fits with our very optimisitic vision of economic cooperation," Jaishankar said.The BIMSTEC is a seven-member grouping of nations lying in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity.While five member states are from South Asia - Bangladesh, Bhutan, India, Nepal, Sri Lanka - two are from Southeast Asia - Myanmar and Thailand. Their leaders were among those invited for swearing in of Modi on May 30.Jaishankar said that boosting connectivity in the countries of South Asia had received a lot of attention in the past five years and "will be among top priorities in the next five years".He said that South Asia was among the least connected regions of the world due to factors such as history and was losing out on opportunities .The External Affairs Minister said India has the primary responsibility to work towards boosting connectivity as it is the largest economy of the region, its growth can help lift ties with the neighbours and New Delhi should not "over-negotiate" it."We need to incentivise cooperation in the neighbourhood by often stepping out ourselves," he said, adding that it cannot be reciprocal because India has more resources and larger capability."I will like to see a generous policy where we pave the way," he said, adding that there were already substantial lines of credit and programmes on the ground and livelihood in some neighbouring countries also derives from economic activity in India.Citing example of Bangladesh, he said it is leveraging its location and its resources into enormous economic activity.Jaishankar said that if inland water ways develop further in Bangladesh, it can provide another axis to India to reach out to countries in South East Asia.He said the emphasis on BIMSTEC is centred on the thinking that any organization or any platform that furthers progress should be used.( With inputs from IANS )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

South East AsiaFOLLOW

South east asia, Latest News

International :Japanese electric company orgses training workshop on optical fiber technology in Thailand

Japanese electric company Furukawa Electric recently orgsed a free and open workshop here to teach local technicians about the latest technologies in the optical fiber industry and to offer hands-on experience on how to install the high-quality optic ...

Business :Infosys creates 36% return for shareholders in FY19

Infosys, the global software services major, generated 36 per cent return for shareholders in 2018-19, said a top official here on Saturday. ...

National :Quess hires Krish Seshadri to lead Monster operations

Leading software services provider Quess Corporation on Tuesday said it had hired Krish Seshadri as Chief Executive of Monster, which it acquired in January 2018. ...

National :SAARC has problems, BIMSTEC fits in with India's vision: Jaishankar

In an apparent reference to Pakistan, External Affairs Minister S. Jaishankar on Thursday said that SAARC has problems, and that BIMSTEC leaders were invited for swearing-in of Prime Minister Narendra Modi last month because there is energy, mindset ...