ABSTRACT
Commercial factors are increasingly influencing foreign policy. Political power is significantly increased by economic strength compared to military might. Globalization cannot be stopped. Nowadays, capturing markets is considerably more crucial than capturing territory. War is quickly becoming outdated due to increasing economic interconnectedness. Today, economic interdependence serves as the primary security guarantor. A borderless world where the nation-state is no longer a significant unit of economic activity is being created by the digital revolution. In fact, the state is evolving into a “nostalgic fiction.” These are only a few of the bold statements that are made about the influence of economics on international affairs today. They are all summed up by the phrase “it’s all about economics.” Together, they represent the expansion of a new, well-liked economic determinism, according to which economics is viewed as the basis for all phenomena. These declarations are tendentious, vague and bold – all characteristics of a political slogan. Nevertheless, they are fervently and generally accepted. Having said that, India’s approach to Central Asia will not be completed without discussing its economic dynamics. Thus, this chapter devotes itself to investigate the explanatory and intervening variables of India’s economic motives towards the region and to identify the goals, assumptions and the instruments of the economic policy towards the region.
