To Avoid Overdependence on China, Cambodia Needs to Build Its Relations With India

As its economy is severely affected by the dual impact of COVID-19 and the EU’s withdrawal of Everything But Arms trade privileges, Cambodia should look to India for support.

With 1.3 billion people, India is the world’s second most populous country, and is expected to surpass China to become the world’s largest population​ by 2027. India is obviously a huge potential market for the world. It is now the world’s third largest economy in purchasing parity terms and the world’s fifth largest economy with a Gross Domestic Product (GDP) of $2.87 trillion in 2019. By 2027, India is predicted to become the third-largest economy in the world in terms of nominal GDP.

In the Indo-Pacific, India has emerged as a key player in the regional security architecture. It plays a vital role in preserving a rules-based international order amid the rise of China and a decline of the United States, as well as a new Cold War initiated by the two powers.

In full: https://thediplomat.com/2020/08/to-avoid-overdependence-on-china-cambodia-needs-to-build-its-relations-with-india/

Related Stories

Latest News

The Weekly DispatchA new weekly newsletter from The Cambodia Daily delivering news, analysis and opinion to your inbox. Published every Friday at 11:30am. Sign up today.