This volume is based on the proceedings of Delhi Dialogue VII held in March 2015. It epitomizes the growing dialogue between India and ASEAN at all levels. Delhi Dialogue brings together practitioners, corporate leaders, opinion makers, academics and journalists, every year, to discuss a wide range of issues of common interest and concern that animate the India - ASEAN relationship. Discussions held at the Delhi Dialogue, subsequent to ASEAN Commemorative Summit issuing the ‘Vision Statement’ in 2012, provide a good insight into the likely scenarios and possible trends in the post-2015 era.
What does lower oil prices mean for India?
The longer the price of oil remains depressed, India, like other major oil importers, will not only increase its dependence on crude imports, but it will also become more dependent on OPEC.