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In the News

Abe, Modi Exercise Their Right to Help Shape Asia's Future

December 10, 2015

Daniel Twining

Japanese Prime Minister Shinzo Abe visits India this week at a time of transition for Asia's leading powers. First, India has surpassed China as the world's fastest-growing major economy, putting it in pole position as Asia's most dynamic growth market. Second, Japan has returned to economic growth and operates under new laws making it easier to pursue military cooperation with like-minded nations such as India. Third, the strategic map of Eurasia is being redrawn as China "goes West," developing new infrastructure corridors to the Middle East and Europe, while India "acts East" by deepening ties with friendly powers in East and Southeast Asia. The interaction of these dynamics -- a slower-growing but externally ambitious China, a resurgent Japan, and a modernizing India asserting itself across the Indo-Pacific -- will shape the future of Asia.

India is determined to engage more closely with East Asia to catalyze economic growth. As Indian Prime Minister Narendra Modi declared at last year's East Asia Summit, "A new era of economic development, industrialization and trade has begun in India. Externally, India's 'Look East Policy' has become 'Act East Policy.'"

Japan is India's most important strategic partner bar the U.S. Modi's predecessor as prime minister, Manmohan Singh, argued eloquently that an India-Japan axis of interests and values would be decisive in determining Asia's future; the "bromance" between Modi and Abe is a personalized expression of this synergy. Their summit is expected to deliver agreements on defense cooperation, as well as Japan's first big foreign military sale. Critically for India's development, Japan is set to deliver substantial direct investment, including a new $15 billion shinkansen train line from Mumbai to Ahmedabad, and perhaps further progress toward civilian-nuclear energy cooperation.
 
Nikkei Asian Review
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