Accord Priority To Economic Diplomacy
Yuba Nath Lamsal:-- The broader national interest and security are the fundamental guidelines and objectives of any country's foreign policy and diplomacy. National security includes strategic, territorial, political, economic, energy, food, environmental and technological security, among others. In the present globalised, inter-dependent and interconnected world, economic power and competitiveness serve as a powerful lever in the realm of power politics and diplomacy. Economic interdependence and economic interest impact geopolitics and international relations more than any other factors. The level of economic engagement determines the nature of relations between countries. Economic relations around the world are becoming more complex, further complicating geopolitics. Change in the economic order also brings about change in geopolitics and international order. Empires and powers rose and fell in the annals of history with the growth and decline of their economic prowess. Onc...