US-Japan dilemma over China-led AIIB
March 31 was the deadline for countries to join as founding members of the Asian Infrastructure Investment Bank (AIIB), initiated by China. As of now, over 40 countries are expected …
Read MoreTag: US and China
Indo-US détente: Beyond economics?
While India and the US might achieve breakthroughs in the economic realm, the story of geopolitics seems to be more challenging.
The most important aspect of the relationship is the American recognition that India’s success and transformation towards a more prosperous society is in America’s interest, and India’s emergence as a major and prosperous power requires a closer relationship with the US both in the security and economic realms. As Senator McCain states, “Ultimately, this strategic partnership is about India and the US placing a long-term bet on one another – a bet that each of us should be confident can offer a big return.” The countries might have divergent perspectives, but their visions and commitment to a liberal international world order, and a rising Asia that is stable with no single power exercising disproportionate influence, do not conflict. This should be the dominant idea taking the relationship forward, as it did during the civil nuclear agreement, after which this central story line got blurred.