Indo-Pacific Strategy and its possible impact on Nepalese Economy
The term “Indo-Pacific” first emerged in Weimar Germany as a region that could act as a possible ally for Germany during the World War. Since then it has been used in referring to a geopolitical region that consists of countries in South Asia, East Asia, and others in the Asia Pacific region. ‘Indo-Pacific Strategy’ according to the Department of Defense, United States, envisions a linkage between security, governance, and economics. But more than that Indo-Pacific now refers to a region with strategic economic and political interest that has been backed by western nations especially the United States to counter China’s growing influence in the region. Nepal, a landlocked country surrounded by India and China is in a critical geopolitical space. This means that Nepal usually has difficulty in aligning the conflict of interest between the major powers in the world. Acknowledging this situation the Indo-Pacific strategy has once again put Nepal in an ambiguous situation as far as foreign