Central Asia and South Asia: Potential of India's Multilateral Economic Diplomacy in Inter-Regional Cooperation

Abstract

The unique feature of the Indian economy over the past few decades has been a combination of high growth and stability. It has proved its strength and resilience through this period. India's economic diplomacy with the Central Asian and South Asian nations also shows a continuing positive trend. High-level visits are exchanged on a regular basis. Today's India is not only a reliable business partner on a bilateral basis, but given its own economic potential and rich experience it is one of the most suitable countries in Asia to promote active economic cooperation between Central and South Asia. India's political and economic diplomacy with Central Asian and South Asian nations are therefore strategically important from the perspective of inter-regional cooperation.