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Asked: August 9, 20202020-08-09T15:48:56+05:30 2020-08-09T15:48:56+05:30In: UPSC MAINS

India Myanmar Thailand trilateral highway

Describe the significance of India Myanmar Thailand trilateral highway.

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    1. Rajnish

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      Rajnish Optimist
      2020-08-09T16:09:27+05:30Added an answer on August 9, 2020 at 4:09 pm

      The strategic significance of India Myanmar Thailand trilateral highway:

      • This is going to help in our “Look East Policy.”
      • Our presence is expected to increase in Southeast Asia.
      • Our power in the Indian Ocean region will increase with regard to China, and aid in the balance of power.
      • Regional groupings such as BIMSTEC will increase further and give us the ability to isolate Pakistan diplomatically.

      The economic significance of India Myanmar Thailand trilateral highway:

      • This will give India direct access to the markets in South-East and East Asia.
      • Trade capacity will increase with ASEAN.
      • The highway can be connected to the free trade zone proposed to be built at Myanmar’s Sittwe Port.
      • The highway is expected to expand into Vietnam, Laos and Cambodia in the second phase.
      • Vietnam ‘s inclusion would be important because it is a member of the TPP deal.

      Political significance of India Myanmar Thailand trilateral highway:

      • Better regional cooperation through the project will help to improve the fight against terrorism, the management of disasters, piracy and bring peace and stability to the region.
      • This will also assist in our effort to overhaul the UNSC.

       

      Infrastructure programs are growth and development engines. The trilateral project therefore needs to be done in time-bound manner.

      N-E India – should become better related to East and S-E Asia. The prospect of developing Food processing and other industries would increase, contributing to rapid regional growth.

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