BOLSTERING INDIA-INDONESIA TRADE LINKS THROUGH THE ANDAMAN-ACEH CORRIDOR
Extraordinary and Plenipotentiary Diplomatist|September 2022
Enjoying two millennia of shared cultural and commercial contacts, India and Indonesia share a bond like none other.
Sagnik Sarkar
BOLSTERING INDIA-INDONESIA TRADE LINKS THROUGH THE ANDAMAN-ACEH CORRIDOR

Introduction: India-Indonesia Relations

Enjoying two millennia of shared cultural and commercial contacts, India and Indonesia share a bond like none other.

Located in the littoral of the Bay of Bengal, these two nations have been civilisational partners since times immemorial.

A unifying factor in the bilateral ties is the shared culture, colonial history, and post-independence ideals of political autonomy, economic self-sufficiency, and autonomous foreign policy. The two nations commemorated 70 years of thriving and effective diplomatic relations in 2019. A key tenet of India's Indo Pacific strategy, the Indo-Indonesia cooperation has a significant role to play in achieving the shared goal of a secure and prosperous Bay of Bengal area.

Economically, the two nations are significantly progressing forward with their ties. In the ASEAN area, Indonesia has overtaken. Bangladesh to rank as India's second-largest commercial partner. From US$ 6.9 billion in 2007-2008 to US$ 19.03 billion in 2014-2015, there has been a rise in bilateral trade. India imports coal, minerals, rubber, pulp and paper, hydrocarbons, and is Indonesia's biggest consumer of crude palm oil. India exports to Indonesia steel products, plastics, cotton, maize, commercial cars, telecommunications equipment, oil seeds, and animal feed. India also sends formulations and large quantities of medications to Indonesia¹.

Andaman-Aceh: Proximity and Potential In order to take steps forward to bolster trade ties further, it is important for both these nations to harness their shared maritime border through the Andaman and Nicobar Islands of India and the Aceh province of Indonesia through the Andaman sea. The largest city and capital of the Aceh province of Indonesia, Banda Aceh, is situated near the southernmost point of Sumatra.

This story is from the September 2022 edition of Extraordinary and Plenipotentiary Diplomatist.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the September 2022 edition of Extraordinary and Plenipotentiary Diplomatist.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM EXTRAORDINARY AND PLENIPOTENTIARY DIPLOMATISTView All
THE WOLF ECONOMY AWAKENS
Extraordinary and Plenipotentiary Diplomatist

THE WOLF ECONOMY AWAKENS

Mongolia's Fight for Democracy, and a Green and Digital Future

time-read
1 min  |
June 2024
DESTINATION Kenya
Extraordinary and Plenipotentiary Diplomatist

DESTINATION Kenya

Background - My interest in visiting Kenya began on December 3, 2016, when the Kenya Tourism Board organized the Magical Kenya Open Golf Tournament in Delhi. The event, by invitation only, attracted many notable figures from Delhi NCR, and I was fortunate to be one of the winners. Along with a beautiful trophy, the prize included a trip to Kenya to play three rounds of golf in Nairobi and visit the renowned wildlife sanctuaries of Kenya.

time-read
5 mins  |
June 2024
THE POLITICAL LESSONS FROM THE MAHABHARATA
Extraordinary and Plenipotentiary Diplomatist

THE POLITICAL LESSONS FROM THE MAHABHARATA

The word 'politics' always inflicts a sense of excitement as well as resentment amongst the public at large. Often people irrespective of gender or age are found commenting upon the dynamics of politics and the way it has taken shape over the years.

time-read
4 mins  |
June 2024
UNIVERSAL HEALTH INSURANCE: TRANSFORMING TANZANIA'S HEALTHCARE SYSTEM
Extraordinary and Plenipotentiary Diplomatist

UNIVERSAL HEALTH INSURANCE: TRANSFORMING TANZANIA'S HEALTHCARE SYSTEM

Tanzania, a country known for its rich cultural heritage and breathtaking landscapes, is now setting a new precedent in the healthcare sector.

time-read
5 mins  |
June 2024
INDIA'S ELECTRIC REVOLUTION: LEADING THE GLOBAL THREE-WHEELER MARKET
Extraordinary and Plenipotentiary Diplomatist

INDIA'S ELECTRIC REVOLUTION: LEADING THE GLOBAL THREE-WHEELER MARKET

Globally, long-term EV growth is expected to lower battery prices and advance next-generation battery technology, enhancing the economic viability of electric vehicles. According to a BNEF report, the three-wheeled vehicle segment is on track to reach net zero emissions by mid-century, with India's growth positioning it as a global leader.

time-read
4 mins  |
June 2024
INDIA'S STRATEGY TO SCALE UP GREEN HYDROGEN PRODUCTION
Extraordinary and Plenipotentiary Diplomatist

INDIA'S STRATEGY TO SCALE UP GREEN HYDROGEN PRODUCTION

India's first multi-purpose green hydrogen pilot project at 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal's Jhakri was inaugurated on April 24 this year.

time-read
4 mins  |
June 2024
"Vietnam-India comprehensive strategic partnership has made progress"
Extraordinary and Plenipotentiary Diplomatist

"Vietnam-India comprehensive strategic partnership has made progress"

In an interview with Diplomatist Magazine, Mr. Le Quang Bien, Consul General of Vietnam in Mumbai, provides perspectives on the burgeoning Vietnam-India relationship, particularly focussing on trade, investment, tourism, and renewable energy sectors. With Vietnam's emergence as a pivotal manufacturing hub in Southeast Asia and India's robust technological prowess, he highlights the promising avenues for collaboration in manufacturing, technology, and agriculture. Mr. Bien also sheds light on Vietnam's rich cultural and natural attractions, emphasising the Consulate General's efforts to promote tourism and culinary exchange in Mumbai.

time-read
9 mins  |
June 2024
THE EVOLUTION OF MINILATERALS: CATALYSTS FOR STRATEGIC COOPERATION IN THE INDO-PACIFIC
Extraordinary and Plenipotentiary Diplomatist

THE EVOLUTION OF MINILATERALS: CATALYSTS FOR STRATEGIC COOPERATION IN THE INDO-PACIFIC

The current set of multilaterals, collectively or individually are facing a challenge in achieving four objectives of the largest multilateral institutions, the United Nations viz, \"maintaining international peace and security, protecting human rights, delivering humanitarian aid and support sustainable development\", owing to rising great power competition, unbridled competition among regional powers and unprecedented challenges in the Global North and the Global South.

time-read
4 mins  |
June 2024
NAVIGATING THE CROSSROADS: VISION FOR EUROPE'S FUTURE
Extraordinary and Plenipotentiary Diplomatist

NAVIGATING THE CROSSROADS: VISION FOR EUROPE'S FUTURE

\"Europe will not be made all at once, or according to a single plan. It will be built through concrete achievements which first create a de facto solidarity.\" Jean Monnet - The Father of the European Union.

time-read
2 mins  |
June 2024
ECONOMIC REFORMS AND GROWTH PROSPECTS: INDIA'S AGENDA FOR THE GLOBAL ECONOMY
Extraordinary and Plenipotentiary Diplomatist

ECONOMIC REFORMS AND GROWTH PROSPECTS: INDIA'S AGENDA FOR THE GLOBAL ECONOMY

India's economy is of global importance with a large young population and an open and democratic political system. It is already the third-largest economy and contributor to global economic growth, yet there is considerable untapped potential.

time-read
4 mins  |
June 2024