Explain South Asian Economic Union.
India's nuclear doctrine is guided by the principles of credible minimum deterrence and a "no-first-use" (NFU) policy. Adopted in the late 1990s, the doctrine outlines the country's approach to nuclear weapons and their potential use. Credible Minimum Deterrence: India's nucRead more
India's nuclear doctrine is guided by the principles of credible minimum deterrence and a "no-first-use" (NFU) policy. Adopted in the late 1990s, the doctrine outlines the country's approach to nuclear weapons and their potential use.
Credible Minimum Deterrence: India's nuclear posture is based on maintaining a credible minimum deterrent, emphasizing the need for a sufficiently effective nuclear force to deter potential adversaries from initiating a nuclear attack. This approach underscores a commitment to possessing a deterrent force without pursuing an arms race.
No-First-Use (NFU) Policy: India's nuclear doctrine declares a "no-first-use" policy, stating that it will not be the first to use nuclear weapons in a conflict. However, it emphasizes the need for a strong retaliatory response to any nuclear aggression, ensuring that the consequences for an adversary using nuclear weapons against India would be severe.
This doctrine aims to provide strategic stability in the region, prevent nuclear coercion, and maintain a defensive posture in the face of potential threats, aligning with India's broader commitment to global nuclear disarmament efforts.
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The South Asian Economic Union (SAEU) is a proposed regional economic integration initiative aimed at fostering greater economic cooperation among South Asian countries. The concept envisions a deeper level of economic integration beyond the existing South Asian Association for Regional CooperationRead more
The South Asian Economic Union (SAEU) is a proposed regional economic integration initiative aimed at fostering greater economic cooperation among South Asian countries. The concept envisions a deeper level of economic integration beyond the existing South Asian Association for Regional Cooperation (SAARC).
The SAEU aims to eliminate barriers to trade, investment, and economic cooperation among its member states, which include Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. The objective is to create a seamless economic environment that promotes the free flow of goods, services, and capital across national borders.
Key elements of the SAEU include the establishment of a common market, the removal of tariff and non-tariff barriers, and the coordination of economic policies among member countries. The initiative seeks to leverage the region's economic potential by creating a more integrated and interconnected South Asian economy.
While the idea of a South Asian Economic Union has been discussed and endorsed at various forums, its full implementation faces challenges related to political differences, historical tensions, and varying levels of economic development among member states. Despite these challenges, the SAEU represents a vision for a more cohesive economic bloc in South Asia.
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