INDIA –MEDITERRANEAN RELATIONS:
INTERNATIONAL RELATION
NEWS:
Stronger
India-Mediterranean relations serve both
WHAT’S IN THE NEWS?
India and the Mediterranean region share historical,
cultural, and trade ties, with cooperation in sectors like energy, defense, and
connectivity through initiatives like the India-Middle East-Europe Economic
Corridor (IMEC). Key challenges include regional conflicts, energy security,
and ensuring geopolitical stability.
India-Mediterranean
Relations
About
the Mediterranean Region
·
Geographical Coverage:
·
Southern Europe: Spain, France, Monaco, Italy, Slovenia, Croatia, Bosnia and
Herzegovina, Montenegro, Albania, Greece, Malta, and Cyprus.
·
North Africa: Egypt, Libya, Tunisia, Algeria, and Morocco.
·
West Asia: Turkey, Syria, Lebanon, Israel, and Palestine.
·
Historical Significance:
·
A historic hub of global commerce, culture,
and politics.
· Played a crucial role in connecting civilizations across continents.
Historical
Ties Between India and the Mediterranean Region
·
Trade and Commerce:
·
Cultural Exchange:
Strategic
and Geopolitical Importance
·
Geopolitical Connectivity:
·
Acts as a bridge connecting Asia, Africa, and
Europe.
·
Crucial for India’s Indo-Pacific policy
to ensure a free and inclusive Indo-Pacific region.
·
Participation in
Multilateral Groupings:
·
Active role in I2U2 (India, Israel,
UAE, US) focusing on economic and security cooperation.
·
Bilateral partnerships, including India-Italy
defense ties emphasizing maritime awareness and defense production.
Economic
and Trade Relations
·
Bilateral Trade:
·
Trade volume of approximately USD 80 billion
annually.
·
Key sectors: fertilizers, energy, water
technology, diamonds, defense, and cyber capabilities.
·
Indian Investments:
·
Significant involvement in infrastructure
projects, including airports, ports, railways, and renewable energy (e.g.,
green hydrogen).
Connectivity Enhancements
·
India-Middle East-Europe
Economic Corridor (IMEC):
Cultural
and Diaspora Links
·
Indian Diaspora:
Key
Concerns for India in the Mediterranean Region
Geopolitical
Stability:
Energy
Security:
Regional
Conflicts and Security:
Conclusion
and Way Forward