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Indo-Pacific - Coggle Diagram

- - - - for strategic and military
      - consultations
        
        among IND,US,AUS,JAP
    - - btw 2 or more countries
      - increase trade
        
        by reducing customs duties
        
        and non-tariff barriers
        
        on substantially all trade
- - - - construct
        
        strong politico-economic
    - - not to join RCEP
      - could potentially
        
        complicate country´s
        
        future engagements
        
        in the regions
    - - India and china
      - Major determining factor
      - shaping region´s
        
        strategic realities
    - - India does not have FTA
      - with AUS,NZ,US,BAN,Maldives
      - India´s experience
        
        reduce duties on
        
        range of products
        
        getting little in return
        
        FTAs of 2009 and 2011
        
        enhanced our trade deficit
        
        competitiveness increased
        
        in some key areas
    - - Economic,strategic,military
      - insufficient
        
        as compared to china
    - - gain substantial access
        
        to large market
        
        at concessional duty
      - employment-intensive industries
        
        could benefit
- - - - Even if countries
      - attempt economic
      - decoupling from china
      - would be long process
        
        if pursued with adequate alternatives
        
        and political determination
    - - remain limited
      - in Indo-Pacific