Depletion in foreign reserves has led to uncertainty about Sri Lankan government’s ability to account for import of essential items and debt servicing. Analyses of government’s policy measures and global geopolitical-economic developments suggest that a state of uncertainty is hovering over Sri Lankan economy.
The decline in terrorist incidents and reduction in infiltration from across the border is no doubt a positive development but this alone cannot guarantee peace in Jammu and Kashmir. Strengthening of democratic institutions at the grassroots level is also required.
Chinese reaction to the Sri Lankan Ministry of Agriculture’s decision to cancel an organic fertiliser deal has demonstrated that China is not hesitant to take punitive action against Sri Lanka, if its interests are not fulfilled.
Given Myanmar’s geostrategic significance and the continuing insurgency threat, disturbances in Myanmar pose a direct and serious policy challenge to India. A calculated realistic approach weighing the evolving ground situation alone will deliver the objectives of India’s foreign policy.
Emerging Contours of Security in Jammu and Kashmir
The decline in terrorist incidents and reduction in infiltration from across the border is no doubt a positive development but this alone cannot guarantee peace in Jammu and Kashmir. Strengthening of democratic institutions at the grassroots level is also required.