By Bunna Vann and Kimkong Heng
Cambodia has to bring in the Indian card to balance China's economic and geopolitical influence in Cambodia as well as in Southeast Asia.
As its economy is severely affected by the dual impact of COVID-19 and the EU’s withdrawal of Everything But Arms trade privileges, Cambodia should look to India for support.
With 1.3 billion people, India is the world’s second most populous country, and is expected to surpass China to become the world’s largest population by 2027. India is obviously a huge potential market for the world. It is now the world’s third largest economy in purchasing parity terms and the world’s fifth largest economy with a Gross Domestic Product (GDP) of $2.87 trillion in 2019. By 2027, India is predicted to become the third-largest economy in the world in terms of nominal GDP.
No comments:
Post a Comment