The golden rule of Panchsheel expresses the spiritual essence of both the ancient Indian and Chinese civilisations. Therefore, it is familiar to all East and South Asia and enshrines an alternative to hegemonic mono-cultural globalisation.

The world’s dwindling petroleum and gas reserves are a bone of contention among the great powers. Confronted by the aggressive military and economic strategy of the USA and its closest allies, India like China, must secure its energy sources through agreements with oil prod

The Marshall Plan has become synonymous with development aid by the United States. However, the model cannot be mechanically reproduced since every country has specific needs to which international assistance must be adapted.

Multilateralism is the key to stability and security especially in a globalised world where the onus lies on all states which must not encourage unilateralism and hegemony by involving other countries in crisis situations.

Globalisation to some has come to mean neo-colonialism or the