Friday, March 17, 2006

A new spirit of independence

    India also has options. India may choose to be a US client, or it may prefer to join the more independent Asian bloc that is taking shape, with ever more ties to Middle East oil producers. Siddharth Varadarajan, the deputy editor of the Hindu, observes that "if the 21st century is to be an 'Asian century,' Asia's passivity in the energy sector has to end".
    The key is India-China cooperation. In January, an agreement signed in Beijing "cleared the way for India and China to collaborate not only in technology but also in hydrocarbon exploration and production, a partnership that could eventually alter fundamental equations in the world's oil and natural gas sector", Varadarajan points out.
    An additional step, already being contemplated, is an Asian oil market trading in euros. The impact on the international financial system and the balance of global power could be significant. It should be no surprise that President Bush paid a recent visit to try to keep India in the fold, offering nuclear cooperation and other inducements as a lure.
Noam Chomsky in the Guardian. Links added in the quoted text. [Link via Pradeep.]

67 Comments:

At 3:58 AM, Blogger Jo said...

Its a good suggestion, but what about the IT sector in which both India and China are looking forward to the US help and which creates a lot of jobs in these countries?

 
At 10:16 PM, Anonymous Nikhil said...

One can never trust China. There is at least some convergence of interests of India and the US, Japan. But one can see absolutely no convergence between India and China. Any reliance on China will be disastrous.
This is not to say that there should be no co-operation at all. We can definitely negotiate, but a partnership will always remain a pipe dream.
The more strategic option will be to pursue its own path and look at alternatives such as Bio diesel, better public transportation, build better roads that reduce consumption and pursue independent initiatives.

 
At 5:59 AM, Anonymous Anonymous said...

Some of these apologists...after a published interview with the antiwar intellectual Noam Chomsky, The Guardian erased the article from its website and apologised to Professor Chomsky for the interviewer’s suggestion that either he, or Diana Johnstone — an author whose work he praised — had denied that the Srebrenica massacre had taken place.
http://www.timesonline.co.uk/article/0,,6-2084190,00.html

Looks like not many know about the real Chomsky. No one has become rich listening to him and no has lost money ignoring him.

 
At 11:31 PM, Blogger sivaramamenonroad said...

Anand,

I am trying to get a copy of your father's autobiography. Please let me know (perhaps you could post it it here?) who the publisher is.

 
At 4:57 AM, Anonymous Anand said...

S -- Natannuvanna Vazhikal is published by Olive Publications (Pvt) Ltd, Kozhikode, Kerala. They can be contacted at
oliveclt at rediffmail dot com.

 
At 6:25 AM, Anonymous Anirudh said...

Update!

 
At 1:03 AM, Blogger Rahul Negi said...

I dont see any reason why we should trust China..a country that rolls tanks over its own citizen cannot be trusted for anything ... if we have a choice between evils why not choose the lesser evil (US)...

 
At 10:23 PM, Blogger Wild Reeds said...

The best thing is for India to engage ALL concerned parties. We shouldn't think in terms of either/or but in terms of AND, and thankfully the Manmohan Singh government seems to be doing that.

 
At 6:09 PM, Anonymous Nikhil said...

Wild reeds
I agree it should be 'and' but all the time keeping in mind India's strategic goals and national interests in mind - without being blinded by ideology or just being anti-US.
Rahul - True add to this that China has never done anything positive towards India
- always blocking our bid for a seat at the security council.
-Not yielding a bit on territorial issues
-Keeping India boxed in South Asia while always attempting to keep us out of East Asia where we have the potential to have tremendous influence.
Of course all this does not matter to the guys at The Hindu with their ideological blinkers.

 
At 1:08 AM, Blogger Jo said...

Happy Vishu to you!

 
At 11:51 PM, Anonymous Illogical Truisms said...

Great post, Anand!

 
At 11:09 PM, Blogger sainathkm said...

When the new post ?

 
At 7:43 AM, Anonymous Anand said...

Anirudh & Sainath -- I'll be back. Might take some more time though!

 
At 11:05 PM, Blogger Ravptor said...

Asian oil trading in euros! That was the whole motive of Saddam so that he would no longer be dependent on USA for economic freebies.

Asia needs to control the oil and the best way is to have all the global players deal with us in our currency. Euro is fine too but it would be better if dealings happen in the currency of the traded country.

China's not growing as fast as it should because its thirst for oil cannot be satiated at the present levels. That can change only when there is a change in the policy for oil exchange.

It’s all interlinked but for once, we will need an Oil Consortium to be located in China for trading rather than at Geneva or Paris.

 
At 12:17 PM, Blogger kuffir said...

what's up anand? doing fine, i hope.

 
At 3:04 PM, Blogger barbarindian said...

I guess after the collapse of Russia, communists are turning to China as a role model.

http://money.cnn.com/magazines/fortune/fortune_archive/2006/05/15/8376882/index.htm

 
At 11:34 AM, Blogger Vishnu said...

Anand, wish you a very happy Birthday!

 
At 5:39 PM, Blogger neha vish said...

Still not back?

 
At 3:23 AM, Blogger weedwanderer said...

Nice post.Check out Amartya Sen's views on how India and China are historically allies.I guess this is a friendship waiting to be reignited,as it is incresingly being necessitated by the changes in the world order.Maybe not exactly Hindu Chini Bhai Bhai et al yet, but the promise is in the offing.

 
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At 7:10 PM, Blogger Syga said...

Just don't focus too much on maintaining India-China relations. You can't stick with China as you have the world at your fingertips. China has other agenda in mind-all to their interest.

chicagori.com

 
At 8:30 AM, Blogger apurvrdx said...

I am apurv rai i had taken a chocolate which turned out to be covered with fungus like pojections off its surface when i complained to the officials they did not take prompt action and the company confiscated all the chocolates of that batch and tried to put the case under cover by corporate politics lets see what the citizens of india do to support a 17 year old to fight against the mnc producing the chocolates visit www.apurvrdx.blogspot .com and see the pictures yourself . after opening the page click on creativity in writing to view the photos , the blog's name is homeless.
May the force be with us !!

 
At 11:45 PM, Anonymous Anonymous said...

Basically, India has the following options

1: Work with a faraway US to become a regional power and act against Islamic Terrorism. Later once India becomes strong,deal with the US at our own term.

OR

2: Become a slave of the Communist-Dictator-led China to make the local commies happy and allow a Muslim-Dictator led Pakistan, actively instigated by China,to continue to bleed India.


Bhaskar

 
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At 1:29 PM, Blogger breakdown said...

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ICS

 
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At 10:01 PM, Blogger Kiran Paranjape said...

This comment has been removed by the author.

 
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