India is struggling to keep its financial promises to South Asia (Kazi Mohammad Jamshed, East Asia Forum)

October 3, 2021

In 2010, India promised to finance US$7.36 billion in development projects in Bangladesh through lines of credit (LOC). So far, only 10.57 per cent of the total funds committed have been disbursed. Although the ‘Neighbourhood First’ policy and Indian Prime Minister Narendra Modi’s ‘Everyone Together, Everyone’s Development, Everyone’s Trust’ vision are integral components of its foreign policy, India is struggling to keep its promises. Will this over-promise but under-delivery of funds have an adverse impact on the relations between India and its LOC partners?

India is struggling to keep its financial promises to South Asia (eastasiaforum.org)

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

India is struggling to keep its financial promises to South Asia (Kazi Mohammad Jamshed, East Asia Forum)

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