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SECTION I ECONOMIC DIPLOMACY 1. Introduction 3 I.P. Khosla 2. Economic Diplomacy and Its Significance for Foreign Policy 30 Abid Hussain 3. The Applications of Economic Diplomacy 44 Arjun Asrani 4. Evolution of World Economy and Global Power: 49 From Unipolar to Tripolar World Arvind Virmani 5. The Goals of Economic Diplomacy 69 Suman Bery 6. Multilateral Trade Negotiations and 74 Economic Diplomacy Nagesh Kumar 7. Economic Diplomacy: Rationality or Power Politics 82 Manmohan Agarwal 8. India's Economic Diplomacy towards Its Neighbors 103 Indra Nath Mukherji 9. India's Aid Policy Towards Neighbours 116 Mahendra P. Lama 10. Industry Engagement in Economic Diplomacy: 132 A CII Case Study N. Srinivasan 11. Contemporary Imperatives of Energy Security: 139 Its Bearing on Economic Diplomacy Saumitra Chaudhuri 12. Economic Diplomacy: Geopolitics of the Marketplace 152 Poonam Sethi Barua SECTION II DOCUMENTS (A) THE IMPORTANCE OF ECONOMIC DIPLOMACY I. Streamlining Economic Diplomacy: A Ten-Point Plan 165 Association of Indian Diplomats II. 'We have Focused our Attention on Economic Diplomacy" 184 Prime Minister Manmohan Singh 's Reply to the Lok Sabha Debate (rule 193) on Foreign Policy (Extracts) 12th May 2005 III. Nehru and Economic Diplomacy 187 Speech by Prime Minister Manmohan Singh at the Foundation Laying Ceremfny ofJawaharlal Nehru Bhawan, New Delhi, 14th February 2006 IV. Economic Diplomacy is the Imperative 191 Yashwant Sinha, Minister of External Affairs Press Interview of February, 2003 V. The Importance of Economic Diplomacy in the 195 Present Age of Globalisation Speech by Shri Omar Abdullah, Minister of State for External Affairs, 25th January 2002, New Delhi VI. The UPA Government's Economic Diplomacy 199 Akshey Kumar 16th May 2005 VII. Multi-track Diplomacy in the 21st Century 204 Louise Diamond, Co-founder and Executive Director of the Institute for Muli-track Diplomacy, Washington, D.C. (B) THE FUTURE OF WORLD POWER VIII. Global Power from the 18th to 21 st Century: Power 215 Potential (VIP2), Strategic Assets & Actual Power (VIP) Arvind Virmani IX. The BRIC Thesis Jim O'Neill