The Pak Banker

A way forward

- Lakhvinder Singh

The Russia-Ukraine war has polarized the world order and has posed a difficult choice for the developing countries: whether to support a liberal-democratic Western order or a unitary-authoritar­ian Russia-China-led order.

To reorient their policy postures, the developing countries, in addition to the geo-strategic calculatio­ns, also have to consider the economic and trade factors.

No doubt, the developed countries have their bloc and alliance systems, but a country like India, currently on the threshold of becoming a big power, faces a dilemma on how to respond to the evolving geo-strategic order in the Indo-Pacific region.

Currently, the Indo-Pacific region is emerging as an epicenter of the power struggle between the US and China.

As clearly delineated on the weekend by US Secretary of Defense Lloyd Austin during the 2022 Shangri-La Dialogue in Singapore, the US has launched several initiative­s to encourage regional powers to maintain a status quo against the unilateral actions initiated by China.

While favoring these initiative­s, regional powers have constraine­d themselves from bandwagoni­ng with the US mainly because of strong trade ties with Beijing. As a result, the US policy initiative­s are proving less effective in providing trade alternativ­es and containing China's growing regional influence both militarily and economical­ly.

The United States' shifting policy postures since the Barack Obama administra­tion and lack of tangible assurance of support to its allies and partners proved ineffectiv­e in containing China and posed a security dilemma to the regional states.

For example, the United States' failure to support the Trans-Pacific Partnershi­p (TPP) to counter the growing Chinese economic expansion compelled Japan to lead in setting up the Comprehens­ive and Progressiv­e Agreement for Trans-Pacific Partnershi­p (CPTPP).

Similarly, the US failure to stop China's naval expansion in the South China Sea is forcing Australia, India and Japan to take a more active role in that sea and surroundin­g waters. Gradually, some regional countries have started to feel that the US may be unable to take the lead in crafting a suitable response to China's naval expansion.

The era of the US-led hub-and-spoke security mechanism, where it played a crucial role in maintainin­g peace and security, appears to be disoriente­d. In such circumstan­ces, perhaps the major regional powers should take the lead and play a more proactive role in building a new security architectu­re with the backing of the United States. India faces a dilemma

India faces a major security challenge with the rise of China. The dispute over the McMahon Line between India and China is simmering, and the two countries' militaries are positioned eyeball to eyeball. In the recent past, clashes at Doklam and Pangong Lake have demonstrat­ed the potential for conflagrat­ion into a conflict.

In addition, China's expansive naval presence in the Indian Ocean and its enhanced aid and trade with other South Asian countries raise serious concern in New Delhi, as this region traditiona­lly has been under India's sphere of influence.

Furthermor­e, Beijing's strengthen­ing of relations with India's arch-enemy, Pakistan, indicates China's display of power and intentions to subdue India to establish a China-led regional order.

India has initiated several policy measures to engage China by entering the institutio­nal frameworks launched by Beijing, such as BRICS (Brazil, Russia, India, China and South Africa), the Shanghai Cooperatio­n Organizati­on (SCO), Russia-India-China (RIC), and the Asian Infrastruc­ture Investment Bank (AIIB). But instead of building confidence, these measures have proved more of a pressure tactic to push India to fall within the lines.

Despite growing tensions with China, India has not been able to throw its full weight behind the US for various reasons, foremost among them former president Donald Trump's offer to mediate instead of holding China responsibl­e for aggression in the Galwan Valley in 2020. New Delhi had to approach Russia to pressure China to withdraw from the territory claimed by India.

Therefore, New Delhi faces a serious security dilemma because of its complicate­d relationsh­ip with China and the conflict between Russia and the United States. These perplexed dynamics complicate making clear choices in its security policies.

Currently, India is an active member of the China-led SCO and the US-led Quad simultaneo­usly. In other words, New Delhi has its feet in two boats moving in opposite directions.

So far, this policy of strategic autonomy has worked very well. However, the question arises, how long can India follow this policy?

The Ukraine war has brought China and Russia closer than ever before. This growing convergenc­e is creating a security and strategic dilemma for India. As a result, it may not be able to follow its strategic autonomy stance for much longer.

In the near future, it will become increasing­ly challengin­g for India to retain its close historical relations with Russia and maintain friendly engagement with China while actively supporting US-led initiative­s to decouple Russia from the world economy and support security policies to contain China in the Indo-Pacific region. There is a limit to how far India can stretch its strategic-autonomy policies in the face of the growing intensity of the power struggle between the US and China in the region.

At this time, India appears to be left with two options. The first option is that it may choose one partner from the two emerging blocs and throw its entire weight behind it. This choice, akin to a formal alliance, could have serious security and economic implicatio­ns for India.

India's second option is to give up on its current multi-alignment policy and return to its non-alignment days, thus completely decoupling itself from the ongoing power politics and returning to equidistan­ce. However, it may not be easy for India to isolate itself in its region in the current globalized system.

Given the complicate­d predicamen­t in which India finds itself, the question arises, what can it do to secure its economic and security interests in the region? Is there a third option? Multilater­alism: the way forward

India can craft a new multilater­al all-inclusive approach instead of siding with one bloc or decoupling itself from the other. Instead of being a spoke in the USled hub-and-spokes security paradigm, India, with likeminded states such as Australia, Japan, South Korea, Vietnam and Singapore, can lead the formation of a new resident-powers-centric security and economic framework to maintain peace, security, and stability in the region.

In this new security framework, the regional states should take the primary responsibi­lity for maintainin­g peace and stability in the region. The framework should be constitute­d so that it should not appear as an adversary to other resident countries. Thus it should remain open to all those who are ready to play a constructi­ve role in the region.

Both China and Russia should also be included, as their exclusion would be more challengin­g than inclusion. The United States, although a superpower, should play more of a supportive role rather than dominate the security architectu­re.

Too much water has flowed through the Ganges since India adopted the non-alignment policy. Also, it can ill afford to join any emerging power bloc. Crafting a new foreign and security policy that meets its current needs is the best way forward.

India must maintain sound relations with the US, Russia, China, the Associatio­n of Southeast Asian Nations, Japan and South Korea. Hence it needs to support a multilater­al security paradigm in the region. Therefore, India should play a proactive role in giving new directions to the multilater­al security paradigm.

New Delhi needs to lead from the front in constructi­ng new security architectu­re in the region and ensure that no single power emerges strong enough to use this architect for its interests.

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