August 26, 2014

Indian Trade Booming with ASEAN

Luke Hunt, The Diplomat

AP Photo

Business ties extending west into India have never enjoyed the same cachet as trade with China to the north. That’s partly because access to India was blocked by Myanmar’s isolation and partly because a two-decade economic boom in China soaked-up as much capital as ASEAN investors could spare.

But that equation is changing as China’s economy slows and growth buckles under debt while India reappraises its relationship with ASEAN amid the prospect that overland routes from Southeast Asia through Myanmar will improve east-west trade potential.

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TAGGED: India, China, ASEAN, Myanmar

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