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92  Sri Lanka Navy Journal                                                  Sri Lanka Navy Journal  93


 the Effects of the Trade War between US and China. Economies, 7(2), p.45.
                   INDO-PACIFIC STRATEGY, HOW IT WILL BE BENEFITTED TO
                                     SOUTH ASIAN COUNTRIES
 Choiruzzad, S.A.B. (2020). The confluence of the two seas: The rise of the In-
 do-Pacific region and ASEAN Centrality. In ASEAN as a Method (pp. 52-70). Rout-     Commander (N) Preshan Perera, psc, MCPS, MBM (UoC),
 ledge.                     MSc (D&SS), MSP, BSc (DS) MTS, MIM (SL)
               Abstract
 Das, U. (2019). What Is the Indo-Pacific. The Diplomat, 13, pp.5-8. Available at:
 https://thediplomat.com/2019/07/what-is-the-indo-pacific/ (Accessed 3 May   The Indo-Pacific Region (IPR) is crucial for international commerce, energy se-
 2023).        curity, and geopolitical stability. The US-led Indo-Pacific Strategy (IPS) seeks to
               preserve a rules-based order and freedom of navigation by establishing a coopera-
 Goldstein, A. (2020). US–China Rivalry in the twenty-first century: Déjà vu and   tive framework for sustaining regional stability and countering potential threats.
 Cold War II. China International Strategy Review, 2, pp.48-62.  Consequently, this essay will analyse the benefits of the IPS for South Asian nations.
               This article is based on a review of the pertinent research literature. The study
 Huang,  Y. (2016).  Understanding  China’s Belt  & Road initiative: motivation,   found that prospective benefits that could be harnessed for South Asian countries,
 framework and assessment. China Economic Review, 40, pp.314-321.  such as economic, strategic, security, and political and diplomatic benefits, pro-
               vided the need for aligning regional states’ foreign policies to reap maximum ben-
 Hu, W. and Meng, W. (2020). The US Indo-Pacific strategy and China’s response.   efits. Therefore, the above findings relating to IPS are essential for South Asian
 China Review, 20(3), pp.143-176.  countries to open up new trade and investment opportunities, balance relations
               with major powers, boost maritime security capabilities, and enhance their inter-
 Ladwig, W. C. & Mukherjee, A. (2019). The United States, India, and the Future   national standing.
 of the Indo-Pacific Strategy. The National Bureau of Asian Research. Available at:
 https://www.nbr.org/publication/the-united-states-india-and-the-future-of-  Introduction
 the-indo-pacific-strategy (Accessed: 5 May 2023).
                          ecent global attention has been focused on the Indo-Pacific Region
 Li, M.(2020). The Belt and Road Initiative: geo-economics and Indo-Pacific secu-
                 R(IPR) due to its strategic importance in trade, energy security, geopo-
 rity competition. International Affairs, 96(1), pp.169-187.
               litical stability, and the influence exerted by significant powers such as US, China,
               Japan, India, and Australia (Thompson, 2019). The region boundaries set from
 Murshed, M., Abbass, K. and Rashid, S., 2021. Modelling renewable energy adop-
               the African East coast to the Americas Western shores and encompasses two of
 tion across south Asian economies: Empirical evidence from Bangladesh, India,
               the world’s largest oceans, the Indian and Pacific Oceans. It is home to world’s
 Pakistan and Sri Lanka. International Journal of Finance & Economics, 26(4),
               largest populated and rapidly developing economies, including China, India, and
 pp.5425-5450.
               Indonesia, and will likely remain a significant factor in global expansion in the
               years to come. The Indo-Pacific region is also home to several minor nations in
 Paik, W. and Park, J.J.(2021). The Quad’s search for non-military roles and Chi-
               South Asia. In the current setting, the United States Indo-Pacific Strategy (IPS)
 na’s strategic response: Minilateralism, infrastructure investment, and regional
               has drawn considerable attention, specifically for its potential to shape the re-
 balancing. Journal of Contemporary China, 30(127), pp.36-52.
               gion’s future. This essay will examine the benefits of the IPS for South Asian na-
               tions and how it may help their economic development, diplomatic stability, and
 Pant, H.V. and Joshi, Y.(2017). Indo-US relations under Modi: the strategic logic
               strategic and security status.
 underlying the embrace. International Affairs, 93(1), pp.133-146.
               Role of Key Actors in IPS
 Scott, D. (2018). The Indo-Pacific in US strategy: Responding to power shifts.
 Rising powers quarterly, 2(2), pp.19-43.
                      IPS, an evolving geopolitical concept, primarily involves four key actors:
               the US, Japan, India, and Australia. Collectively known as “Quad,” these coun-
 Sharma, M. (2019). India’s approach to China’s Belt and Road Initiative-Oppor-
               tries have sought to develop a cooperative strategic framework for maintaining
 tunities and concerns. The Chinese Journal of Global Governance, 5(2), pp.136-
               regional stability and countering potential threats (Madan, 2022). The United
 152.
               States, under its Indo-Pacific Command, plays a leading role in the strategy, aim-
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