Article
Garima Mohan
{
"authors": [
"Garima Mohan"
],
"type": "other",
"centerAffiliationAll": "",
"centers": [
"Carnegie Endowment for International Peace",
"Carnegie India"
],
"collections": [],
"englishNewsletterAll": "",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie India",
"programAffiliation": "",
"programs": [],
"projects": [],
"regions": [],
"topics": [
"Foreign Policy"
]
}
Source: Getty
Other
Engaging With the Indian Ocean
The Indian Ocean, despite its geographical distance, has significant economic and strategic importance for Germany and Europe.
By Garima Mohan
Published on Nov 2, 2017
Source: Global Public Policy Institute
The Indian Ocean, despite its geographical distance, has significant economic and strategic importance for Germany and Europe. A majority of European sea trade transits through the Ocean, along with half of Germany’s sea-borne supply and two-thirds of all containers carrying German exports. The Indian Ocean is also Germany’s primary gateway to the Asia-Pacific markets, which receive the second largest share of German exports after Europe, constituting 18.5 percent of all exports. In addition to being a conduit for trade, the Indian Ocean Region (IOR) is a driver of growth itself, which has recalibrated the region’s economic importance for Germany and Europe. With their high growth rates, emerging markets in South Asia and East Africa are important investment destinations. Increasing regional integration, demand for maritime technologies and infrastructure, emerging ‘Blue Economy’, and untapped mineral and energy reserves in the Ocean offer several economic opportunities.
Related to its economic importance, maritime security in the Indian Ocean is of vital interest to Germany as well. As an exporting nation, it is highly dependent on unimpeded maritime trade routes in the Indian Ocean. In addition, the Indian Ocean contains strategic chokepoints including the Straits of Hormuz and Malacca through which 34 million barrels of crude oil and petroleum are transported per day towards Europe and Asia – constituting 61 percent of the global maritime oil trade. Germany’s dependence on these trade and energy sea-lines of communication (SLOCs) makes securing them necessary.
However, both economic opportunities in the region and the security of sea-lanes will be impacted significantly by changing dynamics in the Indian Ocean – particularly the increasing geopolitical and geo-economic competition. This study analyzes the most important developments in the IOR focusing on the changing security dynamics, economic shifts, and emerging multilateral arrangements. It investigates the opportunities and challenges these create for Germany and Europe, and outlines what German engagement in the Indian Ocean could look like.
About the Author
Garima Mohan
Former Nonresident Fellow, Carnegie India
Garima Mohan was a nonresident fellow at Carnegie India. Her research focuses on the foreign and security policies of rising powers, particularly that of India, and on Europe-India relations.
- Modernizing India’s Approach to Peacekeeping: The Case of South Sudan
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Russia Eurasia Center
- Iran War Fallout Gifts Putin Diplomatic Victory at ASEAN SummitCommentary
Russia looks set to reap economic benefits from closer ties with Southeast Asian countries that are keen to find reliable energy suppliers and diversify trade ties.
Alexander Gabuev
- Simmering U.S.-Iran Conflict Is Moscow’s Ideal OutcomeCommentary
Ongoing uncertainty in the Middle East allows Moscow to both increase its influence in Tehran and continue to enjoy the financial windfall of higher oil prices.
Nikita Smagin
- Multiple Wars Are Ruining Central Asia’s Efforts to Diversify Its Trade RoutesCommentary
This year’s wars have made alternative routes to transit through Russia no less risky for Central Asian countries.
Galiya Ibragimova
- How to Ensure That Europe-Russia Talks Do Not FailCommentary
Reestablishing a dialogue with Moscow is not a goal in its own right. The goal is to guarantee the independence of Ukraine and the peace and security of Europe.
Arkady Moshes
- Who Does Azerbaijan Want to See Win Armenia’s Elections?Commentary
By fueling the arguments of both supporters and opponents of Armenian Prime Minister Nikol Pashinyan, Azerbaijan wants to ensure he is re-elected with a weaker mandate.
Bashir Kitachaev
