Indo-Pacific Economic Framework for Prosperity (IPEF)
India's participation in the Indo-Pacific Economic Forum (IPEF) carries significant implications, from countering China's influence to fostering economic resilience. However, challenges such as ambiguity and economic divergence require strategic navigation for maximizing opportunities and addressing critical issues.
IPEF’s Significance for India
- Impacts on Indian Exports: India's trade is rapidly growing in the Indo-Pacific, with 50% concentrated there, utilizing the Indian Ocean for 90% of trade and energy resources.
- Countering China's Influence: Absence of China in IPEF creates a unique geopolitical dynamic, offering a chance to counterbalance China's expansionist ambitions.
- Collaborative Ventures in Energy: Participation in IPEF promises immediate economic benefits through clean ....
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