Bragina Elena

Economic Relations of India with the Countries of Southeast Asia – Foreign Trade Aspect

ЮГО-ВОСТОЧНАЯ АЗИЯ: АКТУАЛЬНЫЕ ПРОБЛЕМЫ РАЗВИТИЯ, 2021, №1(50), 66-72

 
Annotation: The article examines India's trade policy towards Southeast Asian countries as part of the implementation of India's Look East policy and the foreign policy principle Neighborhood is first. India's foreign trade expansion intensifies the confrontation between the interests of India and the PRC in Southeast Asia. A statistical analysis of the state of trade operations between India and the countries of Southeast Asia for the last five years is given, based on which the author draws a conclusion that the main problem of India in trade with the countries of Southeast Asia is a negative balance, large and stable. Undoubtedly, to eliminate it, or at least reduce it, India will undertake serious efforts in the coming years, primarily aimed at expanding exports to the markets of the Southeast Asian countries of its products.

Keywords: India, Southeast Asia, trade relations, trade policy, dynamics of export, import, turnover and trade balance