3. The importance of the IOR was realised by the Indian leadership during the initial days of free governance. In the years after independence, this region was overlooked by India because of troublesome relationship with Pakistan and inclination of the government to resolve the Kashmir issue with world support. The need to have a cohesive network of cooperative nations in the region is essential to ensure a peaceful management of the trade and the mulita-lateral trade links thereof. As one of the fastest growing economies in the region, economic security including energy security and security of energy is a pre-requisite for India. (GDP in India was worth 2597.49 billion US Dollars in 2017, represents 4.19 percent of the world economy) .

4. The Look East Policy of India, framed by the Narasimha Rao government in the early nineties, is a substantial manifestation of India’s focused foreign policy orientation towards South East Asia. The region being one of the most resourceful and flourishing region worldwide. South East Asia presents itself as a virtually untapped market which is up for grabs. India’s compatibility with the South East Asian countries with regard to better regional cooperation lies in the benign approach towards South East Asia economically and otherwise. The camaraderie between India and South-East Asia is clearly visible through the dynamic persuasion of India’s Look-East Policy. India and ASEAN reciprocally have embarked upon a number of initiatives for rejuvenating their ties in multiple areas. Frequent tête-à-tête from both the sides promulgates better implementation of the Policy. The improving intensification of economic linkages with ASEAN has inspired India to enter into the second phase of