India's timely response during the economic crises in Sri Lanka and the Maldives reflects its "neighbourhood first" policy in action. Examine how this aid has impacted bilateral ties with these nations. What steps can further be taken to promote sustainable economic cooperation in the Indian Ocean region? (Answer in 250 words)

India has from long times followed "Neighbourhood First Policy" whether it be through Gujral doctrine or "Extended Neighbourhood" → Act East Policy, Act West Policy. # INDIA'S TIMELY RESPONSE DURING ECONOMIC CRISIS 1) Helped Sri Lanka by extending a credit line of support, which led to their economic revival. 2) Helped Maldives "India remains first responder for Maldives in times of need" - PM Modi Said.

# IMPACT OF THIS AID ON BILATERAL TIES :- 1) Reinvigorated the declining relation Per India helped Maldives—despite its "India out" campaign.— This goodwill led to improvement in ties. 2) Promoted Solidarity Per Sri Lanka hosts many Tamil diaspora—India's aid promotes their interests too. 3) Helps balance out China's influence to some extent. # Yet Challenges Remain :- 1) → India seen as "Big Brother Bully" by some (e.g. Nepal). 2) → China's Influence on Rise → "debt trap diplomacy", "Chequebook diplomacy".

# MORE STEPS NEEDED to promote Sustainable Economic cooperation in Indian Ocean Region :- 1) Trade Promotion Per Revival of SAFTA (South Asian Free Trade Agreement) 2) Infrastructure Building Per Tourism infrastructure in Maldives. 3) IORA → Indian Ocean Regional Association, IPEF → Indo-Pacific Economic Framework. Must be leveraged. 4) India as leader of Global South Per Hosted Voice of Global South Summit VOGS — 2023. India's SAGAR Policy (Security and Growth for All in the Region) must remain the guiding light.

— Rasneet Kaur · AIR 51