The strength of ties between India and Mongolia

By Saikat Kumar Basu
Alberta, Canada

India and Mongolia have been connected through historic, social and cultural linkages and through their Buddhist lineage. Buddhism reached the Mongolian heartlands from India through Tibet, and the Mughal dynasty ruling Indian subcontinent had Mongolian ancestry.
Unfortunately, India has been deeply engaged in the past in domestic politics and has neglected its historical relationships with other nations. But recently, with the new government in office since May 2014, India has restructured her foreign policy and started reaching out to her Asian neighbors, including Mongolia.
India has been working with several Asian neighbors in establishing a grand economic corridor connecting energy rich Central Asia through Afghanistan and Iran to the prosperous markets of Southeast Asia via India. The entire region is to be connected through interlinked networks of highways and railways. The stretch between Iran and the western coast of India is to be connected across the Arabian Sea through bordering sea ports as part of maritime trade. Finally, Southeast Asian nations are to be connected through India via Bangladesh and Myanmar.
Landlocked Mongolia, due to her proximity to Central Asia, has the advantage of actively participating in trade and commerce expected to be opening up though this giant economic corridor. Due to recent strong socio-political and economic engagements between Mongolia and India, an Indo-Mongolian trade and commerce treaty for participating in trade through this giant economic corridor will mean economic prosperity for both nations.
By taking advantage of a stronger Indo-Mongolian bilateral relationship, other realms of socio-economic engagements such as promoting Indian tourism in Mongolia, and establishing modern facilities for medicine, pharmaceutical, education, and research in Mongolia with Indian aid and economic support will further help in modernization and facilitate better healthcare and education for the landlocked nation. Another area of engagement will be deepening strategic, diplomatic and defense ties, and jointly working towards developing rail and road infrastructures across Mongolia for better connectivity and faster communication within the nation.
The two nations could also look for opportunities in developing alternative energy resources such as wind and nuclear energy to help make Mongolia become energy efficient. India, on the other hand, can benefit from the rich mineral resources of Mongolia for her growing industrial and economic needs.
Overall, the possibilities for greater Indo-Mongolian economic tie ups are huge and dynamic, and would certainly help in better connecting the friendly people of these two great nations in the near future.
The UB Post welcomes reader comments on current events and stories published in our newspaper. Send your letters to the editor to ubpost@mongolnews.mn. Submissions will be edited for clarity and length.

Short URL: http://ubpost.mongolnews.mn/?p=15915

Posted by on Aug 25 2015. Filed under Opinion. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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