Wednesday, October 30, 2024

India, 2023-2024



October 30, 2024: Peace between India and China starting to take Shape
Finally, PEACE between India and China as both Sides have nearly completed the withdrawal of Troops and dismantling of Temporary Structures like Guard Posts in the Ladakh Region where their Troops once faced off. 

The two Countries agreed to a new Patrolling Agreement recently where they agreed on Areas where they could conduct their Patrols. Both Sides also agreed to inform each other of the Movements of their Patrols as Part of a "Confidence-building" Effort. 

Also part of their Agreement was to keep Lines of Communications open at all Levels to prevent any Negative Incidents. 


October 24, 2024: India moving away from the US and closer to China
Go, India!!! Ha-ha-ha ... India and China did noticeably agree to settle their Border Disputes recently. This is an excellent Article, everyone should read it. For one it says that one of the main Reasons for Indian Prime Minister Narendra Modi now seemingly moving closer to China is because of the failure of the United States (US) to provide Investments to India, particularly under the Administration of US President Joe Biden

US Companies, in fact, has been exiting India instead, and Apple Incorporated's initial attempt to produce iPhones in India have ended up a Failure due to Quality Control Issues. India also felt that they were not being treated as an equal Ally of the US but more of a Subordinate (like how the US is treating the Philippines now). 

Meanwhile, despite India making a lot of Restrictions on Chinese Trade, trade between them and China continued to grow, so now it seems that Modi realized the Economic Benefits of siding with China. The US also has been putting a lot of Pressure on India to drop Russia which, of course, India doesn’t want to do. 

And also of course Russia is a major Ally of China. So what now for the US and their Filipino Subordinates, now that the US is losing another key Ally while China is gaining it? LOL

Here is the Link to the Article at the Asia Times Website: https://asiatimes.com/2024/10/why-modis-shifting-away-from-us-toward-china

September 12, 2024: India offers Philippines co-Development and co-Production of Military Equipment
India's Defense Secretary Giridhad Aramane recently invited the Philippines to co-develop and co-produce various Military Equipment during the fifth Meeting of the India-Philippines Joint Defence Cooperation Committee that was held in the Philippines. 

No other Details were made though on which specific Military Equipment these will be for. Among the other Countries which the Philippines has bought from recently in Terms of Military Equipment, only Israel has agreed to do something like this, with their Shaldag Mk V Vessels. 

So far South Korea which the Philippines has brought a lot from recently doesn't seem to have made a similar initiative, it seems that they are pretty protective of their Defense Industry. Hopefully seeing India do this will make them come up with their own offers also.


June 30, 2023: India offers generous Loan Terms to the Philippines for Defence Purchases from them
India’s Minister of External Affairs S. Jaishankar recently reiterated to the Philippines’ Secretary of Foreign Affairs Enrique Manalo their Line of Credit Offer for the purchase of Defense Items from them by the Philippines

India is offering only a 1.75% Interest Rate with a Moratorium of five Years (I assume this will be the first five Years after the Loan), and then a 20 Year Payment Period. India did not specify the amount of the Loan they are offering, though, saying only that it “depends on the Philippines’ requirements”. 

This could mean they are open to large amounts, or will just negotiate per Contract how much the Loan will be. I think they should’ve at least clarified the Loan Amount so there will be no “Surprises” when the Negotiations start

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