Introduction
Since assuming office as the Prime Minister of India in 2014, Narendra Modi has strategically focused on building strong international relationships to foster economic growth and strengthen India’s position on the global stage. Through his numerous foreign visits and engagements, Modi has successfully forged alliances and opened doors for trade, investment, and technological collaborations.
Neighborhood First Policy
Under the ‘Neighborhood First’ policy, Modi has actively engaged with India’s neighboring countries to enhance economic cooperation and regional stability. Whether it is the ‘Act East’ policy with ASEAN nations or the ‘Connect Central Asia’ policy, Modi has prioritized strengthening ties with countries in India’s immediate vicinity.
Key International Partnerships
Modi has actively pursued partnerships with major global economies. His engagements with the United States, Russia, Japan, and European Union countries have resulted in increased investments and collaborations in various sectors, including technology, defense, and manufacturing.
United States
Modi’s relationship with the United States has witnessed a significant upswing. The two countries have engaged in multiple high-level dialogues and signed important agreements, such as the India-US Civil Nuclear Agreement. The US has become one of India’s largest trading partners, and bilateral trade has seen substantial growth under Modi’s leadership.
Russia
Russia has been a longstanding ally of India, and Modi’s engagements have further reinforced the partnership. The annual India-Russia Summit has witnessed the signing of agreements in defense, energy, and space sectors. The two countries have also taken steps to enhance trade and investment, with a focus on sectors like pharmaceuticals, agriculture, and infrastructure.
Japan
Modi’s personal rapport with Japanese Prime Minister Shinzo Abe has paved the way for a strong India-Japan partnership. The two leaders have engaged in regular summits and have launched initiatives like the Asia-Africa Growth Corridor. Japan has been a major investor in India, particularly in infrastructure projects like the Delhi-Mumbai Industrial Corridor.
Multilateral Engagements
Modi has actively participated in multilateral forums like the G20, BRICS, and SCO, among others. These engagements have provided platforms for India to showcase its economic potential and seek collaboration with other nations. Modi has advocated for reforms in global institutions like the United Nations and emphasized the need for a more inclusive and representative international order.
Conclusion
Narendra Modi’s international engagements have been instrumental in building bridges for economic growth and strengthening India’s position on the global stage. Through strategic partnerships and active participation in multilateral forums, Modi has successfully attracted investments, fostered technological collaborations, and expanded India’s trade networks. These efforts have contributed to India’s economic development and positioned the country as a key player in the international arena.