| Popis: |
India and China have been engaged in the border trade for thousands of years through the old silk route used topass through northern India. The importance of border trade lies at various levels; at first, it can be used as animage-building exercise to promote mutual benefits and regional peace. Border trade also plays a pivotal rolein developing friendly neighbourly relations as it helps in reducing trust deficits, encourages constructivism,gives legal backing to the formerly disputed international borders. Border trade also helps in bordermanagement, along with providing economic prosperity to the people residing on the border areas. India's Northeast and China's southwest region fits the rational of border trade, people living in border areas in theseregions have less access to the big marketplaces in their own countries as they are situated in farthest andremotest places. Border trade also helps to develop socio-economic bonds among the people residing at theborders of different countries. Nither BRI would be successful without the inclusion of India, nither India canfulfil the various promises it has made through the various multilateral engagements unless it has disposablefunds to finance them and China is the only country that has the potential to finance them. This paper examinesthe potentials of the border trade between India and China in the 21st century, with a neo-realist point of view. |
