Download India in a Reconnecting Eurasia: Foreign Economic and by Gulshan Sachdeva PDF

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By Gulshan Sachdeva

India in a Reconnecting Eurasia examines the whole scope of Indian nationwide pursuits within the South Caucasus and crucial Asia and analyzes the large outlines of Indian engagement over the arriving years. it really is a part of a six-part CSIS sequence, “Eurasia from the skin In,” including experiences targeting Turkey, the ecu Union, Iran, India, Russia, and China.

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Sachin Chaturvedi and Anthea Muleaka (New York: Routledge, 2016), 110–124. indd 34 04/28/16 6:57 pm To upgrade their relationship, Af­ghan­i­stan signed its first-­ever “strategic partnership” with India in 2011. Apart from increasing capacity building as well as sociocultural and educational linkages, the agreement pointed ­toward two major objectives. First, India agreed to assist in the training, equipping, and capacity-­building programs for Afghan national security forces. Second, it recognized that regional economic cooperation is vital for the long-­term economic prosperity of Af­ghan­i­stan and the region as a w ­ hole.

It extends lines of credit to t­ hese countries and has assisted many Indian companies to secure contracts in mining, energy, and transportation, and helped them in proj­ects funded by multilateral institutions. The bank has also supported Indian firms setting up joint ventures in the pharma sector in Kazakhstan, Uzbekistan, and Ukraine. It has forged alliances with UZBEKINVEST, the National Export Import Insurance Com­pany of Uzbekistan, and the National Bank for Foreign Economic Activity of Uzbekistan, among ­others.

In 2013, India suffered a setback in its efforts in Kazakhstan. 4 ­percent stake in the North Caspian Sea Production Sharing Agreement that includes the Kashagan field from ConocoPhillips. 4 billion. 21 Recently, ­there ­were reports that the ONGC was offered an alternative midsized Abai oil block in Caspian Sea by the Kazakh government. 5. As far as gas imports are concerned, both Turkmenistan and Uzbekistan are impor­tant. Both have large amounts of proven gas reserves. Since the mid-1990s, t­ here has been a lot of discussion on the TAPI gas pipeline.

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