Global media also highlights India’s growing military presence in the Indian Ocean, with recent naval manoeuvres and ongoing tensions with China shaping its strategic stance.
China has made a larger point about the power shift in Indian Ocean region by docking the missile and satellite tracking ship Yuan Wang 5 at Hambantota Port.
With political, economic clout in Sri Lanka, China helping the crisis-hit nation was expected. But lack of financial returns & public outrage for Rajapaksas ensured their absence.
Several proposals to strengthen the economic ties between India and Sri Lanka were discussed during a meeting of officials from various ministries chaired by the Deputy NSA earlier this month.
‘India is the only game in town’ said one expert alluding to India lending Sri Lanka a helping hand, Colombo's strained ties with Beijing and the prevailing economic crisis.
India’s air defence architecture proved its mettle in Operation Sindoor. But more can be done to fully integrate all three services and civil aviation radars.
Fears that an escalation of the conflict could heighten a fuel squeeze & endanger the economy unnerved traders, with NYT reporting Iran stopped negotiating a truce with the US.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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