Panchsheel Agreement Drishti Ias

Indian politicians have understood the link between peace and development and the survival of humanity. Faced with the destruction caused by two world wars, they understood that the progress of a nation required lasting world peace. Without world peace, social and economic development should be relegated to the background. Thus, the founder of India`s foreign policy, Nehru has placed the greatest importance on world peace in its political planning. For him, India wanted peaceful and friendly relations with all countries, especially with the great powers and neighbouring countries. When signing a peace agreement with China; he advocated for the adherence to five guiding principles known as Panchsheel. Panchsheel was signed on 28 April 1954 and has since become a guiding principle of India`s bilateral relations with other countries. Panchsheel understands the following five principles of foreign policy: according to the Indian Planning Commission, the country faces enormous obstacles in meeting its current and future energy needs if it is to maintain economic growth. One of the Indian government`s top priorities is the eradication of poverty. But to achieve this, India must grow by 8% a year for the entire quarter century. It is feared that this noble goal could lead to a huge energy shortage, given that India has had less success than China in the security of the energy supply of its neighbors or Central Asia. Over the next 25 years, the Indian government has focused on eradicating poverty. But to achieve this, India must grow by 8% a year for the entire quarter century.

It is feared that this noble goal could lead to a huge energy shortage, given that India has had less success than China in the security of the energy supply of its neighbors or Central Asia. The problems of India`s energy sector are reinforced by state control over the import, production and distribution of oil and gas products, coordinated by four different ministries. More than half of India`s electricity is generated by the burning of poor quality native coal, which is expected to expire in about 40 years. In addition, one-third of Indian oil is imported from countries with which the United States is at odds, such as Sudan, Syria or Iran, while gas is mainly imported from Iran, Bangladesh or Burma. India`s dependence on imported oil, which is currently 60%, is expected to reach 90% by 2030. This puts energy diplomacy at the top of India`s agenda when it comes to dealing with countries in Central Asia, the Middle East, Africa or Latin America. In addition, one-third of Indian oil is imported from countries with which the United States is at odds, such as Sudan, Syria or Iran, while gas is mainly imported from Iran, Bangladesh or Burma. India`s dependence on imported oil, which is currently 60%, is expected to reach 90% by 2030. This puts energy diplomacy at the top of India`s agenda when it comes to dealing with countries in Central Asia, the Middle East, Africa or Latin America.

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