shine india monthly magazine Published this article page no 38 The relation is free of any politically contentious issues. The one‐time claim of Maldives to Minicoy Island was resolved by the Maritime Boundary Treaty of 1976 between the two countries whereby Maldives has recognized Minicoy as an integral part of India. Significance of Maldives Geostrategic Maldives proximity to the west coast of India and its potential to allow a third nations naval presence in the area imbues it with significant strategic importance to India. o It is an important member of Indias Neighbourhood First policy and SAGAR (Security and Growth for All in the Region) vision. Geopolitical As maritime economic activity in the Indian Ocean has risen dramatically the geopolitical competition has intensified in which Maldives plays a key role due to her strategic maritime geography. o Chinas Belt and Road Initiative (BRI) involving the Maldives has widened the Chinese sphere of influence that has potential to adversely impact Indias interests. Geoeconomics Sea lanes of communication (SLOCs) in the vicinity of the Maldives have immense significance for global maritime trade and for India since nearly 50 per cent of Indias external trade and 80 per cent of her energy imports transit these westward SLOCs in the Arabian Sea shine india monthly magazine onlineshine india monthly magazine subscription buy.
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