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Saturday, December 25, 2010

Visits

From the last two months, I was unable to focus on a particular event or an occurrence to be written as a blog. But in the last 20 days after re-reading the visits of foreign dignitaries from various continents comprising of the presidents, PMs to country head of the heavy-weight nations of those continents came to the feeling of evincing my cerebrations on the visits.
First counting on the list of dignitaries, US president Barack Obama visiting in the first week of December went back with $10 billion worth investments in American market for creating jobs (as this is the main news covered by most of the media); then arrived the German chancellor Angela Merckel; then came French president Nicholas Sarkozy and finally the year is going to end with the arrival of Russian president Dmitry Medvedev. Well, it seems quite obvious from the viewpoint of rising and prospering India; centre of attraction for most of FII and a promising market for foreign companies as well as for low-priced production activity. And every developed nation is trying to harness the benefits from India in overcoming the slowdown brought in by the Mortgage bubble of 2008. While the Europeans are trying to overcome from the debt crisis the EU is going through.
That was one aspect of looking all the things, coming to the other one which is shadowed by the above reasons is the trade for arms and ammunitions. With the growing economic and GDP of India and aspiring to be one of the key player in the international arena including the fight for a “permanent member” in the UN security council; being powerful is another pre-requisite which also adds to reaffirming the India’s position in south-east Asia alongside China. India who has signed defence deals worth $40 billion in the last two years and is undergoing to make the largest reform in its defence since independence and is supposed to make another $160 billion deals by 2015. And most of these visits to India are more or less concentrated towards getting those lucrative deals.